Equities research analysts expect eHealth, Inc. (NASDAQ:EHTH) to report sales of $37.50 million for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for eHealth’s earnings, with the highest sales estimate coming in at $38.80 million and the lowest estimate coming in at $36.50 million. eHealth posted sales of $43.76 million in the same quarter last year, which suggests a negative year-over-year growth rate of 14.3%. The business is expected to announce its next earnings results on Monday, February 26th.

According to Zacks, analysts expect that eHealth will report full year sales of $37.50 million for the current year, with estimates ranging from $170.01 million to $172.30 million. For the next financial year, analysts expect that the company will post sales of $192.11 million per share, with estimates ranging from $176.96 million to $219.50 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover eHealth.

eHealth (NASDAQ:EHTH) last posted its earnings results on Thursday, October 26th. The financial services provider reported ($0.98) earnings per share for the quarter, missing the consensus estimate of ($0.73) by ($0.25). The firm had revenue of $26.62 million for the quarter, compared to analysts’ expectations of $25.55 million. eHealth had a negative net margin of 11.94% and a negative return on equity of 21.88%. eHealth’s revenue for the quarter was down 17.0% compared to the same quarter last year. During the same period last year, the firm earned ($0.23) earnings per share.

Several equities analysts have commented on the company. BidaskClub raised eHealth from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. TheStreet cut eHealth from a “c” rating to a “d+” rating in a report on Thursday, July 27th. Zacks Investment Research upgraded eHealth from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Wednesday, July 12th. SunTrust Banks, Inc. restated a “buy” rating and set a $22.00 price target on shares of eHealth in a research report on Friday, October 20th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $20.00 price target on shares of eHealth in a research report on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.17.

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A number of institutional investors have recently modified their holdings of the stock. Redmile Group LLC raised its stake in eHealth by 2.7% during the 2nd quarter. Redmile Group LLC now owns 1,223,334 shares of the financial services provider’s stock worth $22,999,000 after buying an additional 32,000 shares during the period. Vanguard Group Inc. raised its stake in eHealth by 4.5% during the 2nd quarter. Vanguard Group Inc. now owns 974,784 shares of the financial services provider’s stock worth $18,326,000 after buying an additional 42,288 shares during the period. Renaissance Technologies LLC raised its stake in eHealth by 7.4% during the 2nd quarter. Renaissance Technologies LLC now owns 943,600 shares of the financial services provider’s stock worth $17,740,000 after buying an additional 64,700 shares during the period. Dimensional Fund Advisors LP raised its stake in eHealth by 1.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 656,458 shares of the financial services provider’s stock worth $12,341,000 after buying an additional 11,026 shares during the period. Finally, State Street Corp raised its stake in eHealth by 5.4% during the 2nd quarter. State Street Corp now owns 400,022 shares of the financial services provider’s stock worth $7,521,000 after buying an additional 20,572 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

About eHealth

eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.

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Earnings History and Estimates for eHealth (NASDAQ:EHTH)

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