News stories about eHealth (NASDAQ:EHTH) have been trending positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. eHealth earned a news impact score of 0.26 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.1448047016072 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
eHealth (EHTH) traded up 7.53% on Friday, hitting $23.57. The stock had a trading volume of 390,136 shares. The firm’s 50-day moving average is $23.81 and its 200-day moving average is $19.14. The company’s market cap is $436.87 million. eHealth has a 52-week low of $6.38 and a 52-week high of $25.83.
eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, October 26th. The financial services provider reported ($0.98) EPS for the quarter, missing the consensus estimate of ($0.73) by ($0.25). eHealth had a negative return on equity of 65.62% and a negative net margin of 61.74%. The company had revenue of $26.62 million for the quarter, compared to the consensus estimate of $25.55 million. During the same period in the previous year, the business posted ($0.23) EPS. The business’s revenue for the quarter was down 17.0% on a year-over-year basis. Equities research analysts anticipate that eHealth will post ($0.94) earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on EHTH shares. BidaskClub cut eHealth from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Jefferies Group LLC reiterated a “hold” rating and issued a $20.00 target price (up from $18.00) on shares of eHealth in a report on Saturday, August 26th. Zacks Investment Research upgraded eHealth from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Wednesday, July 12th. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $22.00 target price on shares of eHealth in a report on Friday, October 20th. Finally, TheStreet cut eHealth from a “c” rating to a “d+” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. eHealth currently has a consensus rating of “Hold” and an average target price of $22.67.
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In related news, Director Jack L. Oliver III sold 14,745 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $16.79, for a total transaction of $247,568.55. Following the sale, the director now owns 51,375 shares in the company, valued at $862,586.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 6.22% of the company’s stock.
eHealth Company Profile
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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