Headlines about Evolent Health (NYSE:EVH) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Evolent Health earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.2950887088003 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have effected Accern’s analysis:

Evolent Health (EVH) opened at $13.00 on Wednesday. The company has a current ratio of 3.34, a quick ratio of 3.34 and a debt-to-equity ratio of 0.11. Evolent Health has a 12-month low of $10.30 and a 12-month high of $27.50.

Evolent Health (NYSE:EVH) last announced its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.04) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.04. The business had revenue of $107.90 million for the quarter, compared to analyst estimates of $104.49 million. Evolent Health had a negative net margin of 15.86% and a negative return on equity of 5.05%. The company’s revenue for the quarter was up 79.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.26) earnings per share. research analysts expect that Evolent Health will post -0.57 earnings per share for the current year.

A number of equities analysts recently weighed in on the stock. Robert W. Baird reissued an “outperform” rating and set a $25.00 target price (down previously from $35.00) on shares of Evolent Health in a research note on Tuesday, September 26th. They noted that the move was a valuation call. Cowen reissued an “outperform” rating and set a $29.00 target price (down previously from $33.00) on shares of Evolent Health in a research note on Friday, October 6th. J P Morgan Chase & Co reissued a “buy” rating on shares of Evolent Health in a research note on Friday, August 18th. Leerink Swann set a $32.00 target price on shares of Evolent Health and gave the stock a “buy” rating in a research note on Friday, August 18th. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $30.00 price target on shares of Evolent Health in a report on Sunday, December 3rd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and thirteen have issued a buy rating to the stock. Evolent Health currently has an average rating of “Buy” and a consensus price target of $28.00.

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Evolent Health Company Profile

Evolent Health, Inc is engaged in healthcare delivery and payment. The Company supports health systems and physician organizations in their migration toward value-based care and population health management. The Company provides an end-to-end, technology-enabled services platform for providers. The Company’s platform, powered by its technology, processes and integrated services, enables providers to migrate their economic orientation from fee-for-service (FFS) reimbursement to payment models that reward value-based payment models.

Insider Buying and Selling by Quarter for Evolent Health (NYSE:EVH)

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