Headlines about eHealth (NASDAQ:EHTH) have trended somewhat positive recently, AlphaOne reports. AlphaOne, a division of Accern, ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. eHealth earned a coverage optimism score of 0.10 on AlphaOne’s scale. AlphaOne also assigned news stories about the financial services provider an impact score of 83 out of 100, meaning that recent news coverage is very likely to have an impact on the company’s share price in the next several days.
Several analysts recently issued reports on EHTH shares. Zacks Investment Research lowered shares of eHealth from a “hold” rating to a “strong sell” rating in a research report on Friday, February 24th. Cantor Fitzgerald reiterated an “overweight” rating and set a $15.00 price target on shares of eHealth in a research report on Friday, March 17th. Jefferies Group LLC increased their price target on shares of eHealth from $9.50 to $11.50 and gave the stock a “hold” rating in a research report on Friday, February 24th. Finally, TheStreet upgraded shares of eHealth from a “d+” rating to a “c” rating in a research report on Thursday, April 27th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $18.40.
Shares of eHealth (NASDAQ EHTH) traded down 0.11% during mid-day trading on Monday, reaching $18.83. 229,289 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $17.65 and a 200 day moving average price of $12.88. eHealth has a 52-week low of $6.38 and a 52-week high of $19.28. The firm has a market cap of $347.06 million, a P/E ratio of 33.09 and a beta of 1.56.
eHealth (NASDAQ:EHTH) last posted its earnings results on Thursday, April 27th. The financial services provider reported $1.81 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $1.55. eHealth had a net margin of 5.47% and a return on equity of 11.84%. The firm had revenue of $78.94 million during the quarter, compared to analysts’ expectations of $69.97 million. During the same period last year, the company posted $1.10 EPS. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. Analysts forecast that eHealth will post ($1.01) earnings per share for the current fiscal year.
In other news, insider James E. Flynn sold 426,954 shares of the firm’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $11.66, for a total value of $4,978,283.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James E. Flynn sold 232,101 shares of the firm’s stock in a transaction dated Tuesday, April 11th. The stock was sold at an average price of $11.38, for a total transaction of $2,641,309.38. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 809,055 shares of company stock valued at $9,269,593. Corporate insiders own 3.26% of the company’s stock.
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.
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