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eHealth (NASDAQ:EHTH) was downgraded by Jefferies Group from a “buy” rating to a “hold” rating in a research note issued on Tuesday, reports. They currently have a $40.00 target price on the stock, down from their previous target price of $62.00. Jefferies Group’s target price would suggest a potential upside of 2.56% from the company’s current price.

A number of other analysts have also recently weighed in on EHTH. Analysts at Zacks upgraded shares of eHealth from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 22nd. They now have a $34.20 price target on the stock. Analysts at Bank of America reiterated a “buy” rating on shares of eHealth in a research note on Friday, May 2nd. They now have a $53.00 price target on the stock. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $46.31.

eHealth (NASDAQ:EHTH) traded down 10.09% during mid-day trading on Tuesday, hitting $35.065. The stock had a trading volume of 404,938 shares. eHealth has a 52-week low of $22.03 and a 52-week high of $63.32. The stock has a 50-day moving average of $37.60 and a 200-day moving average of $46.49. The company’s market cap is $667.0 million.

eHealth (NASDAQ:EHTH) last released its earnings data on Thursday, May 1st. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.02. The company had revenue of $50.90 million for the quarter, compared to the consensus estimate of $51.37 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was up 17.8% on a year-over-year basis. On average, analysts predict that eHealth will post $0.10 earnings per share for the current fiscal year.

eHealth, Inc (NASDAQ:EHTH) offers Internet-based health insurance agency services for individuals, families and small businesses in the United States, as well as technology licensing and Internet advertising services.

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