With 1.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.69 million shares. The 52-week range on EVH shows that it touched its highest point at $33.63 and its lowest point at $8.35 during that stretch. It currently has a 1-year price target of $15.31. Beta for the stock currently stands at 0.91.
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 -2.43%, but this was down by -4.33% over a month. Three-month performance dropped to -11.88% while six-month performance fell -38.85%. The stock lost -62.98% in the past year, while it has lost -21.51% so far this year. A look at the trailing 12-month EPS for EVH yields -1.22 with Next year EPS estimates of 0.59. For the next quarter, that number is 0.08. This implies an EPS growth rate of -14.23% for this year and 67.93% for next year. EPS is expected to grow by 25.00% 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, 115.86 million EVH shares are outstanding with a float of 114.35 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 $0.1.
