eHealth (NASDAQ:EHTH – Get Free Report) released its quarterly earnings data on Wednesday. The financial services provider reported $2.20 EPS for the quarter, topping the consensus estimate of $2.00 by $0.20, Zacks reports. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. eHealth updated its FY 2025 guidance to EPS.
eHealth Stock Performance
NASDAQ:EHTH traded down $0.02 during mid-day trading on Wednesday, hitting $9.14. The stock had a trading volume of 313,484 shares, compared to its average volume of 310,810. eHealth has a 52 week low of $3.58 and a 52 week high of $11.36. The company has a current ratio of 3.10, a quick ratio of 3.10 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $270.85 million, a price-to-earnings ratio of -3.21 and a beta of 0.32. The company has a 50 day simple moving average of $9.66 and a 200-day simple moving average of $6.42.
Wall Street Analysts Forecast Growth
A number of analysts have commented on EHTH shares. Craig Hallum upgraded shares of eHealth from a “hold” rating to a “buy” rating and increased their price objective for the company from $5.00 to $7.00 in a report on Wednesday, November 6th. UBS Group initiated coverage on eHealth in a report on Wednesday, December 4th. They set a “neutral” rating and a $5.50 price target on the stock. StockNews.com upgraded shares of eHealth from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Finally, Royal Bank of Canada decreased their price target on shares of eHealth from $13.00 to $11.00 and set a “sector perform” rating for the company in a research note on Monday, November 25th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $6.38.
eHealth Company Profile
eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.
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