eHealth, Inc. (EHTH) Scheduled to Post Earnings on Wednesday
eHealth, Inc. (NASDAQ:EHTH) is set to post its quarterly earnings results after the market closes on Wednesday, October 25th. Analysts expect eHealth to post earnings of ($0.73) per share for the quarter.
eHealth (NASDAQ:EHTH) last announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported ($0.92) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.75) by ($0.17). eHealth had a negative net margin of 3.44% and a negative return on equity of 5.64%. The firm had revenue of $28.00 million during the quarter, compared to the consensus estimate of $29.25 million. During the same quarter in the prior year, the firm posted $0.09 earnings per share. The company’s revenue was down 24.9% on a year-over-year basis. On average, analysts expect eHealth to post $-1.51 EPS for the current fiscal year and $-1.16 EPS for the next fiscal year.
Shares of eHealth, Inc. (NASDAQ EHTH) opened at 22.94 on Tuesday. eHealth, Inc. has a 52 week low of $6.38 and a 52 week high of $25.83. The company has a 50-day moving average price of $23.91 and a 200-day moving average price of $19.03. The company’s market capitalization is $425.19 million.
In other eHealth news, Director Jack L. Oliver III sold 14,745 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $16.79, for a total value of $247,568.55. Following the transaction, the director now directly owns 51,375 shares of the company’s stock, valued at $862,586.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.26% of the company’s stock.
EHTH has been the topic of several recent analyst reports. Zacks Investment Research cut eHealth from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. Jefferies Group LLC reissued a “hold” rating and issued a $18.00 target price on shares of eHealth in a research report on Friday, July 14th. BidaskClub raised eHealth from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Cantor Fitzgerald reissued a “buy” rating and issued a $20.00 target price on shares of eHealth in a research report on Thursday, July 27th. Finally, TheStreet cut eHealth from a “c” rating to a “d+” rating in a research report on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $21.33.
eHealth Company Profile
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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