eHealth Given Buy Rating at SunTrust (EHTH)
eHealth (NASDAQ:EHTH)‘s stock had its “buy” rating restated by SunTrust in a research note issued on Thursday. They currently have a $45.00 price objective on the stock, down from their previous price objective of $60.00. SunTrust’s price objective indicates a potential upside of 117.71% from the company’s current price.
A number of other firms have also recently commented on EHTH. Analysts at Deutsche Bank reiterated a “hold” rating on shares of eHealth in a research note on Thursday. They now have a $27.00 price target on the stock, down previously from $36.00. Separately, analysts at Craig Hallum downgraded shares of eHealth from a “buy” rating to a “hold” rating in a research note on Thursday. They now have a $27.00 price target on the stock, down previously from $55.00. Finally, analysts at Stifel Nicolaus downgraded shares of eHealth from a “hold” rating to a “sell” rating in a research note on Thursday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. eHealth has a consensus rating of “Hold” and a consensus price target of $41.36.
eHealth (NASDAQ:EHTH) traded down 34.60% during mid-day trading on Thursday, hitting $20.70. 4,426,030 shares of the company’s stock traded hands. eHealth has a 52-week low of $26.68 and a 52-week high of $63.32. The stock has a 50-day moving average of $34.9 and a 200-day moving average of $43.68. The company’s market cap is $393.8 million.
eHealth (NASDAQ:EHTH) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.09 by $0.13. The company had revenue of $42.59 million for the quarter, compared to the consensus estimate of $47.40 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. Analysts expect that eHealth will post $0.10 EPS 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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