$1.83 EPS Expected for eHealth, Inc. (EHTH) This Quarter

Equities research analysts expect eHealth, Inc. (NASDAQ:EHTH) to report earnings of $1.83 per share for the current quarter, Zacks reports. Three analysts have made estimates for eHealth’s earnings, with the lowest EPS estimate coming in at $1.72 and the highest estimate coming in at $1.96. eHealth posted earnings per share of ($0.93) during the same quarter last year, which suggests a positive year-over-year growth rate of 296.8%. The company is scheduled to announce its next earnings results on Thursday, March 7th.

On average, analysts expect that eHealth will report full year earnings of $1.15 per share for the current year, with EPS estimates ranging from $1.01 to $1.28. For the next year, analysts forecast that the firm will post earnings of $1.47 per share, with EPS estimates ranging from $1.23 to $1.91. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for eHealth.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, October 25th. The financial services provider reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.36) by $0.14. eHealth had a negative net margin of 30.13% and a negative return on equity of 17.79%. The firm had revenue of $40.75 million during the quarter, compared to analyst estimates of $34.10 million.



Several research firms have recently issued reports on EHTH. ValuEngine lowered shares of eHealth from a “buy” rating to a “hold” rating in a research report on Thursday. BidaskClub raised shares of eHealth from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Zacks Investment Research raised shares of eHealth from a “sell” rating to a “hold” rating in a research report on Wednesday, September 19th. Cantor Fitzgerald increased their price objective on shares of eHealth to $39.00 and gave the stock an “overweight” rating in a research report on Monday, October 8th. Finally, Chardan Capital began coverage on shares of eHealth in a research report on Thursday, August 16th. They issued a “buy” rating and a $40.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $36.25.

Shares of eHealth stock traded up $0.53 during trading hours on Thursday, hitting $38.53. The company’s stock had a trading volume of 332,400 shares, compared to its average volume of 175,214. eHealth has a 1-year low of $13.61 and a 1-year high of $40.71. The firm has a market capitalization of $737.45 million, a P/E ratio of -30.10 and a beta of 0.69.

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in shares of eHealth by 1.9% in the third quarter. BlackRock Inc. now owns 2,506,897 shares of the financial services provider’s stock worth $70,845,000 after acquiring an additional 45,907 shares in the last quarter. Redmile Group LLC increased its position in shares of eHealth by 6.9% in the third quarter. Redmile Group LLC now owns 1,472,595 shares of the financial services provider’s stock worth $41,616,000 after acquiring an additional 94,700 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of eHealth by 19.8% in the third quarter. Dimensional Fund Advisors LP now owns 682,474 shares of the financial services provider’s stock worth $19,287,000 after acquiring an additional 112,674 shares in the last quarter. Cowen Prime Services LLC boosted its stake in shares of eHealth by 1.7% in the third quarter. Cowen Prime Services LLC now owns 540,450 shares of the financial services provider’s stock valued at $15,273,000 after purchasing an additional 8,900 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC boosted its stake in shares of eHealth by 389.1% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 461,261 shares of the financial services provider’s stock valued at $13,035,000 after purchasing an additional 366,954 shares during the period. 94.57% of the stock is owned by institutional investors.

About eHealth

eHealth, Inc provides private online health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

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