Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Evolent Health Inc (NYSE: EVH) closed at $7.53 in the last session, down -3.46% from day before closing price of $7.8. In other words, the price has decreased by -$3.46 from its previous closing price. On the day, 1.53 million shares were traded. EVH stock price reached its highest trading level at $7.74 during the session, while it also had its lowest trading level at $7.42.
Ratios:
We take a closer look at EVH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 0.99.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Needham on January 10, 2025, initiated with a Buy rating and assigned the stock a target price of $15.
On December 03, 2024, BTIG Research reiterated its Buy rating and also upped its target price recommendation from $36 to $29.
Stephens Downgraded its Overweight to Equal-Weight on November 08, 2024, whereas the target price for the stock was revised from $38 to $16.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’25 when Holder Diane bought 2,735 shares for $9.33 per share. The transaction valued at 25,518 led to the insider holds 70,584 shares of the business.
McCarthy Daniel Joseph bought 11,040 shares of EVH for $99,470 on Mar 06 ’25. The PRESIDENT now owns 389,004 shares after completing the transaction at $9.01 per share. On Mar 07 ’25, another insider, Jelinek Richard M, who serves as the Director of the company, bought 30,000 shares for $9.12 each. As a result, the insider paid 273,750 and bolstered with 15,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVH now has a Market Capitalization of 873262656 and an Enterprise Value of 1804260608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.822 whereas that against EBITDA is 24.974.
Stock Price History:
The Beta on a monthly basis for EVH is 0.61, which has changed by -0.67529106 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, EVH has reached a high of $26.43, while it has fallen to a 52-week low of $7.06. The 50-Day Moving Average of the stock is -14.56%, while the 200-Day Moving Average is calculated to be -21.19%.
Shares Statistics:
According to the various share statistics, EVH traded on average about 3.05M shares per day over the past 3-months and 2143570 shares per day over the past 10 days. A total of 115.94M shares are outstanding, with a floating share count of 114.24M. Insiders hold about 2.78% of the company’s shares, while institutions hold 108.04% stake in the company. Shares short for EVH as of 1759190400 were 18809950 with a Short Ratio of 6.17, compared to 1756425600 on 22611852. Therefore, it implies a Short% of Shares Outstanding of 18809950 and a Short% of Float of 16.420001.
Earnings Estimates
A detailed examination of Evolent Health Inc (EVH) is currently in progress, with 11.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $0.13, with high estimates of $0.22 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.38 and $0.03 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is $0.61, with 11.0 analysts recommending between $0.92 and $0.41.
Revenue Estimates
According to 14 analysts,. The current quarter’s revenue is expected to be $473.74M. It ranges from a high estimate of $555M to a low estimate of $458.94M. As of. The current estimate, Evolent Health Inc’s year-ago sales were $621.4MFor the next quarter, 14 analysts are estimating revenue of $481.4M. There is a high estimate of $590.9M for the next quarter, whereas the lowest estimate is $464.76M.
A total of 14 analysts have provided revenue estimates for EVH’s current fiscal year. The highest revenue estimate was $2.08B, while the lowest revenue estimate was $1.86B, resulting in an average revenue estimate of $1.88B. In the same quarter a year ago, actual revenue was $2.55BBased on 14 analysts’ estimates, the company’s revenue will be $2.41B in the next fiscal year. The high estimate is $2.61B and the low estimate is $2.24B.
