eHealth, Inc. (NASDAQ:EHTH – Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,210,000 shares, a growth of 9.0% from the March 31st total of 1,110,000 shares. Based on an average trading volume of 286,600 shares, the short-interest ratio is presently 4.2 days.
eHealth Stock Up 4.1 %
NASDAQ:EHTH opened at $4.46 on Thursday. The firm has a market capitalization of $129.73 million, a P/E ratio of -1.71 and a beta of 0.40. eHealth has a 1-year low of $4.28 and a 1-year high of $10.31. The company’s fifty day moving average price is $5.62 and its 200-day moving average price is $6.99. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.88 and a quick ratio of 1.88.
eHealth (NASDAQ:EHTH – Get Free Report) last released its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $1.27 earnings per share for the quarter, missing analysts’ consensus estimates of $1.83 by ($0.56). The business had revenue of $247.70 million during the quarter, compared to analyst estimates of $244.93 million. eHealth had a negative return on equity of 5.54% and a negative net margin of 6.23%. The firm’s revenue was up 26.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.01 EPS. As a group, equities research analysts anticipate that eHealth will post -0.99 EPS for the current year.
Institutional Trading of eHealth
Analysts Set New Price Targets
Separately, Craig Hallum lowered shares of eHealth from a “buy” rating to a “hold” rating and set a $7.00 price target on the stock. in a research note on Thursday, January 18th. Five research analysts have rated the stock with a hold rating, Based on data from MarketBeat, eHealth currently has a consensus rating of “Hold” and an average price target of $10.00.
Read Our Latest Research Report on EHTH
eHealth Company Profile
eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.
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