eHealth Given Consensus Rating of “Hold” by Analysts (NASDAQ:EHTH)
eHealth (NASDAQ:EHTH) has been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the company, Analyst Ratings Network reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $38.13.
eHealth (NASDAQ:EHTH) opened at 21.23 on Friday. eHealth has a 52-week low of $18.70 and a 52-week high of $63.32. The stock’s 50-day moving average is $33.72 and its 200-day moving average is $42.69. The company’s market cap is $402.9 million.
eHealth (NASDAQ:EHTH) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.22 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.12 earnings per share. eHealth’s revenue was up 7.0% compared to the same quarter last year. On average, analysts predict that eHealth will post $0.10 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on EHTH shares. Analysts at Bank of America downgraded shares of eHealth from a “buy” rating to a “neutral” rating in a research note on Friday. They now have a $24.00 price target on the stock. Separately, analysts at SunTrust reiterated a “buy” rating on shares of eHealth in a research note on Thursday, July 31st. They now have a $45.00 price target on the stock, down previously from $60.00. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of eHealth in a research note on Thursday, July 31st. They now have a $27.00 price target on the stock, down previously from $36.00.
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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