eHealth (NASDAQ:EHTH) announced its earnings results on Thursday, October 25th. The financial services provider reported ($0.22) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.36) by $0.14, Fidelity Earnings reports. eHealth had a negative return on equity of 17.79% and a negative net margin of 30.13%. The firm had revenue of $40.75 million during the quarter, compared to analysts’ expectations of $34.10 million. eHealth updated its FY 2018 guidance to $0.69-0.95 EPS.
NASDAQ EHTH traded down $0.76 on Friday, reaching $34.78. 222,482 shares of the stock traded hands, compared to its average volume of 313,917. The firm has a market cap of $679.81 million, a PE ratio of -27.17 and a beta of 0.68. eHealth has a 12 month low of $13.61 and a 12 month high of $36.57.
A number of research firms recently issued reports on EHTH. ValuEngine upgraded eHealth from a “hold” rating to a “buy” rating in a report on Thursday, October 4th. BidaskClub cut eHealth from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Cantor Fitzgerald restated a “buy” rating and set a $39.00 price objective on shares of eHealth in a report on Thursday, October 25th. Finally, Zacks Investment Research cut eHealth from a “hold” rating to a “sell” rating in a report on Wednesday, August 1st. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $36.25.
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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