Evolent Health Inc (NYSE:EVH) has a beta value of 0.88 and has seen 1.64 million shares traded in the recent trading session. The company, currently valued at $1.12B, closed the recent trade at $2280000.0 per share which meant it gained $2279990.75 on the day or 1643459% during that session. The EVH stock price is 100.0% off its 52-week high price of $33.63 and 100.0% above the 52-week low of $7.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.42 million shares traded. The 3-month trading volume is 2.28 million shares.
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 0.09.
Evolent Health Inc (NYSE:EVH) trade information
Over the past 30 days, the shares of Evolent Health Inc (NYSE:EVH) have changed 18.81%. Short interest in the company has seen 17.46 million shares shorted with days to cover at 7.97.
Wall Street analysts have a consensus price target for the stock at $17.5, which means that the shares’ value could drop -13028471.43% from the levels at last check today.. The projected low price target is $14.0 while the price target rests at a high of $20.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Evolent Health Inc (EVH) estimates and forecasts
The company’s shares have lost -12.56% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -19.59%.
14 analysts offering their estimates for the company have set an average revenue estimate of 459.43M for the current quarter. 14 have an estimated revenue figure of 537.7M for the next ending quarter. Year-ago sales stood 647.14M and 621.4M respectively for this quarter and the next, and analysts expect sales will shrink by -29.01% for the current quarter and -19.59% 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 -13.89% while over the next 5 years, the company’s earnings are expected to increase by 25.00%.
EVH Dividends
Evolent Health Inc is expected to release its next earnings report on 2025-May-08 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
Insiders own 1.41% of the company shares, while shares held by institutions stand at 109.46% with a share float percentage of 111.03%. Investors are also buoyed by the number of investors in a company, with Evolent Health Inc having a total of 315.0 institutions that hold shares in the company. 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.
