With 5.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.27 million shares. The 52-week range on EVH shows that it touched its highest point at $35.00 and its lowest point at $9.45 during that stretch. It currently has a 1-year price target of $15.43. Beta for the stock currently stands at 1.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVH was up-trending over the past week, with a rise of 4.61%, but this was up by 4.30% over a month. Three-month performance dropped to -15.55% while six-month performance fell -62.68%. The stock lost -66.07% in the past year, while it has lost -7.29% so far this year. A look at the trailing 12-month EPS for EVH yields -0.81 with Next year EPS estimates of 0.61. For the next quarter, that number is 0.09. This implies an EPS growth rate of 16.67% for this year and 28.01% for next year. EPS is expected to grow by 28.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.98%.
Float and Shares Shorts:
At present, 115.04 million EVH shares are outstanding with a float of 114.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVH since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.80606 being high and $0.61699 being low. For EVH, this leads to a yearly average estimate of $0.70655. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.12.
