In last trading session, eHealth Inc (NASDAQ:EHTH) saw 1.17 million shares changing hands with its beta currently measuring 0.44. Company’s recent per share price level of $8.09 trading at $0.39 or 5.06% at ring of the bell on the day assigns it a market valuation of $239.74M. That closing price of EHTH’s stock is at a discount of -16.81% from its 52-week high price of $9.45 and is indicating a premium of 55.75% from its 52-week low price of $3.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.4 million shares which gives us an average trading volume of 189.07K if we extend that period to 3-months.
For eHealth Inc (EHTH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.97 in the current quarter.
eHealth Inc (NASDAQ:EHTH) trade information
Upright in the green during last session for gaining 5.06%, in the last five days EHTH remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $8.09 price level, adding 9.91% to its value on the day. eHealth Inc’s shares saw a change of -7.22% in year-to-date performance and have moved 40.70% in past 5-day. eHealth Inc (NASDAQ:EHTH) showed a performance of 63.43% in past 30-days. Number of shares sold short was 0.24 million shares which calculate 1.03 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.5 to the stock, which implies a fall of -79.78% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would jump 75.28% in reaching the projected high whereas dropping to the targeted low would mean a gain of 75.28% for stock’s current value.
eHealth Inc (EHTH) estimates and forecasts
Statistics highlight that eHealth Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 79.38% of value to its shares in past 6 months, showing an annual growth rate of 4.29% while that of industry is 19.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 9.65% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 279.35M for the same. And 4 analysts are in estimates of company making revenue of 99.78M in the next quarter. Company posted 247.66M and 92.96M of sales in current and next quarters respectively a year earlier.
eHealth Inc (NASDAQ:EHTH)’s Major holders
Insiders are in possession of 5.54% of company’s total shares while institution are holding 61.09 percent of that, with stock having share float percentage of 64.68%. Investors also watch the number of corporate investors in a company very closely, which is 61.09% institutions for eHealth Inc that are currently holding shares of the company. 8 KNOTS MANAGEMENT, LLC is the top institutional holder at EHTH for having 2.4 million shares of worth $10.85 million. And as of 2024-06-30, it was holding 8.2879 of the company’s outstanding shares.
The second largest institutional holder is PALO ALTO INVESTORS LP, which was holding about 2.35 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.1288 of outstanding shares, having a total worth of $10.65 million.
