Brokerages predict that eHealth, Inc. (NASDAQ:EHTH) will report ($0.30) earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for eHealth’s earnings. The highest EPS estimate is ($0.26) and the lowest is ($0.34). eHealth posted earnings per share of ($0.78) in the same quarter last year, which would suggest a positive year over year growth rate of 61.5%. The business is expected to announce its next earnings report on Thursday, July 26th.

On average, analysts expect that eHealth will report full-year earnings of $0.83 per share for the current year, with EPS estimates ranging from $0.75 to $0.92. For the next fiscal year, analysts anticipate that the company will post earnings of $1.37 per share, with EPS estimates ranging from $0.95 to $1.78. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow eHealth.

eHealth (NASDAQ:EHTH) last announced its quarterly earnings results on Thursday, April 26th. The financial services provider reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.41) by $0.34. The company had revenue of $43.07 million for the quarter, compared to the consensus estimate of $38.55 million. eHealth had a negative return on equity of 45.84% and a negative net margin of 46.66%.

EHTH has been the topic of several analyst reports. ValuEngine downgraded eHealth from a “hold” rating to a “sell” rating in a research report on Thursday, May 17th. Zacks Investment Research raised eHealth from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. BidaskClub downgraded eHealth from a “hold” rating to a “sell” rating in a research report on Wednesday, May 16th. TheStreet raised eHealth from a “d” rating to a “c-” rating in a research report on Thursday, April 26th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $20.00 price target on shares of eHealth in a research report on Tuesday, March 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $24.00.

EHTH traded down $0.08 during midday trading on Thursday, hitting $22.86. 87,784 shares of the company were exchanged, compared to its average volume of 138,322. The company has a market capitalization of $426.39 million, a P/E ratio of -17.84 and a beta of 1.62. eHealth has a 1-year low of $13.61 and a 1-year high of $28.59.

In other news, SVP Jay Walter Jennings sold 5,300 shares of the stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $18.73, for a total transaction of $99,269.00. Following the sale, the senior vice president now directly owns 53,322 shares of the company’s stock, valued at approximately $998,721.06. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 4.14% of the company’s stock.

A number of institutional investors have recently modified their holdings of EHTH. Schwab Charles Investment Management Inc. lifted its stake in eHealth by 21.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 69,548 shares of the financial services provider’s stock valued at $1,209,000 after buying an additional 12,366 shares in the last quarter. Wells Fargo & Company MN lifted its stake in eHealth by 18.4% in the 4th quarter. Wells Fargo & Company MN now owns 30,907 shares of the financial services provider’s stock valued at $537,000 after buying an additional 4,804 shares in the last quarter. Arizona State Retirement System lifted its stake in eHealth by 224.9% in the 4th quarter. Arizona State Retirement System now owns 27,544 shares of the financial services provider’s stock valued at $478,000 after buying an additional 19,067 shares in the last quarter. Rhumbline Advisers lifted its stake in eHealth by 17.6% in the 4th quarter. Rhumbline Advisers now owns 36,405 shares of the financial services provider’s stock valued at $632,000 after buying an additional 5,445 shares in the last quarter. Finally, BlackRock Inc. lifted its stake in eHealth by 3.8% in the 4th quarter. BlackRock Inc. now owns 2,117,944 shares of the financial services provider’s stock valued at $36,790,000 after buying an additional 77,966 shares in the last quarter. 88.15% of the stock is currently owned by hedge funds and other institutional investors.

eHealth Company Profile

eHealth, Inc provides private online health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

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Earnings History and Estimates for eHealth (NASDAQ:EHTH)

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