eHealth, Inc. (NASDAQ:EHTH) Receives Average Recommendation of “Reduce” from Analysts

Shares of eHealth, Inc. (NASDAQ:EHTHGet Free Report) have earned an average rating of “Reduce” from the six analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $3.25.

A number of equities research analysts have recently issued reports on EHTH shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of eHealth in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $3.00 target price on shares of eHealth in a research note on Friday, May 8th. Finally, Zacks Research raised shares of eHealth from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th.

Check Out Our Latest Analysis on EHTH

eHealth Stock Down 3.6%

NASDAQ EHTH opened at $1.33 on Friday. The business has a fifty day moving average price of $1.56 and a 200 day moving average price of $1.82. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 3.67. The company has a market cap of $42.21 million, a P/E ratio of -1.39 and a beta of 1.48. eHealth has a one year low of $1.20 and a one year high of $5.89.

Institutional Trading of eHealth

Several institutional investors have recently added to or reduced their stakes in the stock. Millennium Management LLC raised its position in eHealth by 74.3% in the first quarter. Millennium Management LLC now owns 705,704 shares of the financial services provider’s stock valued at $4,714,000 after purchasing an additional 300,792 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of eHealth by 38.5% in the first quarter. Goldman Sachs Group Inc. now owns 144,263 shares of the financial services provider’s stock valued at $964,000 after buying an additional 40,096 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of eHealth by 115.9% in the 1st quarter. Jane Street Group LLC now owns 234,894 shares of the financial services provider’s stock valued at $1,569,000 after buying an additional 126,076 shares during the period. Geode Capital Management LLC lifted its stake in eHealth by 101.3% during the 2nd quarter. Geode Capital Management LLC now owns 711,762 shares of the financial services provider’s stock worth $3,097,000 after acquiring an additional 358,192 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in eHealth by 13.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 270,655 shares of the financial services provider’s stock valued at $1,177,000 after acquiring an additional 31,177 shares during the period. Institutional investors and hedge funds own 79.54% of the company’s stock.

eHealth Company Profile

(Get Free Report)

eHealth, Inc operates one of the largest online private health insurance exchanges in the United States. The company’s platform enables consumers to compare, select and enroll in individual, family and small-group health insurance plans offered by a broad network of licensed insurance carriers. In addition to Affordable Care Act–compliant offerings, eHealth provides dedicated services for Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans, helping seniors navigate the complexities of Medicare coverage.

Through its digital marketplace, eHealth delivers real-time quotes, detailed plan comparisons and enrollment processing.

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Analyst Recommendations for eHealth (NASDAQ:EHTH)

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