Share on StockTwits

eHealth (NASDAQ:EHTH) was downgraded by Jefferies Group from a “buy” rating to a “hold” rating in a research note issued on Tuesday, TheFlyOnTheWall.com 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.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.