With 1.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.34 million shares. The 52-week range on EVH shows that it touched its highest point at $33.63 and its lowest point at $7.06 during that stretch. It currently has a 1-year price target of $15.08. Beta for the stock currently stands at 0.88.
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 11.81%, but this was down by -20.29% over a month. Three-month performance dropped to -7.34% while six-month performance fell -28.86%. The stock lost -62.21% in the past year, while it has lost -25.96% 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 -14.34% for this year and 67.80% 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 114.47 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.
