Shares of eHealth, Inc. (NASDAQ:EHTH) have earned an average recommendation of “Hold” from the eight analysts that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $23.80.

A number of research analysts have commented on the stock. Jefferies Group LLC increased their price target on shares of eHealth from $20.00 to $23.00 and gave the company a “hold” rating in a research report on Monday, October 30th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $30.00 price target on shares of eHealth in a research report on Friday, October 27th. Wells Fargo & Company increased their price target on shares of eHealth from $18.00 to $24.00 and gave the company a “market perform” rating in a research report on Thursday, October 19th. Cantor Fitzgerald reiterated a “buy” rating and set a $27.00 price target on shares of eHealth in a research report on Wednesday, October 18th. Finally, TheStreet upgraded shares of eHealth from a “d+” rating to a “c” rating in a research report on Monday, October 16th.

Several institutional investors have recently modified their holdings of the company. Texas Permanent School Fund grew its holdings in shares of eHealth by 1.3% in the second quarter. Texas Permanent School Fund now owns 12,245 shares of the financial services provider’s stock worth $230,000 after purchasing an additional 160 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of eHealth by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 87,360 shares of the financial services provider’s stock worth $1,642,000 after purchasing an additional 490 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of eHealth by 0.6% in the second quarter. Principal Financial Group Inc. now owns 127,571 shares of the financial services provider’s stock worth $2,398,000 after purchasing an additional 705 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of eHealth by 1.4% in the second quarter. Parametric Portfolio Associates LLC now owns 60,855 shares of the financial services provider’s stock worth $1,144,000 after purchasing an additional 811 shares during the last quarter. Finally, OppenheimerFunds Inc. grew its holdings in shares of eHealth by 11.1% in the first quarter. OppenheimerFunds Inc. now owns 12,891 shares of the financial services provider’s stock worth $156,000 after purchasing an additional 1,289 shares during the last quarter. Hedge funds and other institutional investors own 89.40% of the company’s stock.

Shares of eHealth (NASDAQ:EHTH) traded down $0.66 during midday trading on Monday, reaching $23.35. 113,200 shares of the company’s stock were exchanged, compared to its average volume of 165,254. eHealth has a twelve month low of $9.26 and a twelve month high of $28.59.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported ($0.98) EPS for the quarter, missing analysts’ consensus estimates of ($0.73) by ($0.25). eHealth had a negative net margin of 11.94% and a negative return on equity of 21.88%. The business had revenue of $26.62 million for the quarter, compared to the consensus estimate of $25.55 million. During the same quarter in the previous year, the business earned ($0.23) earnings per share. The firm’s revenue was down 17.0% on a year-over-year basis. equities research analysts predict that eHealth will post -1.6 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “eHealth, Inc. (EHTH) Receives Consensus Rating of “Hold” from Brokerages” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.thecerbatgem.com/2017/11/20/ehealth-inc-ehth-receives-consensus-rating-of-hold-from-brokerages.html.

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.

Analyst Recommendations for eHealth (NASDAQ:EHTH)

Receive News & Stock Ratings for eHealth Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eHealth Inc. and related stocks with our FREE daily email newsletter.