With 3.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.43 million shares. The 52-week range on EVH shows that it touched its highest point at $35.00 and its lowest point at $8.40 during that stretch. It currently has a 1-year price target of $15.43. Beta for the stock currently stands at 1.49.
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 down-trending over the past week, with a drop of -13.85%, but this was down by -17.11% over a month. Three-month performance dropped to -33.86% while six-month performance fell -71.57%. The stock lost -74.05% in the past year, while it has lost -22.04% so far this year. A look at the trailing 12-month EPS for EVH yields -0.81 with Next year EPS estimates of 0.63. For the next quarter, that number is 0.09. This implies an EPS growth rate of 18.14% for this year and 29.52% for next year. EPS is expected to grow by 32.90% 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 114.47 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.
Summary of Insider Activity:
Insiders traded EVH stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
