Ehealth (EHTH) Gets a Hold from RBC Capital
Nov. 10, 2022, 07:48 PM
In a report released on November 9, Ben Hendrix from RBC Capital maintained a Hold rating on Ehealth (EHTH - Research Report), with a price target of $16.00. The companys shares closed yesterday at $4.05.
According to TipRanks, Hendrix is an analyst with an average return of -4.8% and a 54.43% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Humana, Brookdale Senior Living, and Encompass Health.
The word on The Street in general, suggests a Hold analyst consensus rating for Ehealth with a $3.50 average price target, implying a -13.58% downside from current levels. In a report released on November 9, Deutsche Bank also maintained a Hold rating on the stock with a $4.00 price target.
See the top stocks recommended by analysts >>
Based on Ehealths latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $50.41 million and a GAAP net loss of $37.5 million. In comparison, last year the company earned a revenue of $63.91 million and had a GAAP net loss of $53.01 million
eHealth, Inc. engages in the provision of Internet-based health insurance agency services for individuals, families, and small businesses. It operates through the Medicare and Individual, Family, and Small Business segment. The Medicare segment consists primarily of commissions earned from sale of Medicare-related health insurance plans. The Individual, Family, and Small Business segment includes commissions earned from the sale of individual and family and small business health insurance plans and ancillary products sold to non-Medicare-eligible customers. The company was founded by Vipool Mohanlal Patel in November 14, 1997 and is headquartered in Mountain View, CA.
Read More on EHTH:
eHealth price target lowered to $3 from $8 at Truist
eHealth reaffirms FY22 revenue view $375M-$395M, consensus $384.86M
eHealth reports Q3 revenue $53.4M, consensus $48.64M
eHealth, Inc. Announces Third Quarter 2022 Results
EHealth NewsMORE
eHealth, Inc. to Hold Fourth Quarter and Fiscal Year 2022 Earnings Call on February 28 at 8:30 a.m. Eastern Time
PR Newswire 13h
SoFi Technologies, Cincinnati Financial, eHealth among financials gainers
Seeking Alpha 18h
RBC Capital Sticks to Their Hold Rating for Ehealth (EHTH)
Nasdaq Falls 50 Points; eHealth Shares Spike Higher
Nasdaq Down Over 200 Points; AT&T Posts Upbeat Earnings
GMBL, THMO and HLBZ among mid-day movers
EHTH
Get real-time EHTH charts here >>