Evolent Health Inc (NYSE:EVH) has a beta value of 0.99 and has seen 5.27 million shares traded in the last trading session. The company, currently valued at $1.09B, closed the last trade at $9.31 per share which meant it gained $0.26 on the day or 2.87% during that session. The EVH stock price is -261.22% off its 52-week high price of $33.63 and 10.31% above the 52-week low of $8.35.
The consensus among analysts is that Evolent Health Inc (EVH) is Buy stock at the moment, with a recommendation rating of 1.14. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.1.
Evolent Health Inc (NYSE:EVH) trade information
Sporting 2.87% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EVH stock price touched $9.31 or saw a rise of 19.46%. Year-to-date, Evolent Health Inc shares have moved -17.24%, while the 5-day performance has seen it change -11.84%. Over the past 30 days, the shares of Evolent Health Inc (NYSE:EVH) have changed -5.86%.
Wall Street analysts have a consensus price target for the stock at $18, which means that the shares’ value could jump 48.28% from current levels. The projected low price target is $14.0 while the price target rests at a high of $28.0. In that case, then, we find that the current price level is -200.75% off the targeted high while a plunge would see the stock gain -50.38% from current levels.
Evolent Health Inc (EVH) estimates and forecasts
The company’s shares have lost -62.41% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -18.97%.
14 analysts offering their estimates for the company have set an average revenue estimate of 460.28M for the current quarter. 14 have an estimated revenue figure of 503.67M for the next ending quarter. Year-ago sales stood 639.65M and 647.14M respectively for this quarter and the next, and analysts expect sales will shrink by -28.04% for the current quarter and -18.97% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 25.98% over the past 5 years. Earnings growth for 2025 is a modest -17.22% while over the next 5 years, the company’s earnings are expected to increase by 25.24%.
EVH Dividends
Evolent Health Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Evolent Health Inc (NYSE:EVH)’s Major holders
The top two institutional holders are WELLINGTON MANAGEMENT GROUP LLP with over 11.17 million shares worth more than $213.55 million. As of 2024-06-30, WELLINGTON MANAGEMENT GROUP LLP held 9.7383% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 11.06 million shares as of 2024-06-30. The firm’s total holdings are worth over $211.39 million and represent 9.64% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD SPECIALIZED FUNDS-Vanguard Health Care Fund and Fidelity Securities Fund-Fidelity Small Cap Value Fund . As of Jan 31, 2025 , the former fund manager holds about 5.77% shares in the company for having 6.78 shares of worth $63.11 million while later fund manager owns 4.19 shares of worth $39.05 million as of Feb 28, 2025 , which makes it owner of about 3.57% of company’s outstanding stock.
