The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $20.06 in the prior trading day, Evolent Health Inc (NYSE: EVH) closed at $19.12, down -4.69%. In other words, the price has decreased by -$4.69 from its previous closing price. On the day, 5.11 million shares were traded. EVH stock price reached its highest trading level at $20.25 during the session, while it also had its lowest trading level at $18.86.
Ratios:
Our goal is to gain a better understanding of EVH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.04. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.77.
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, Citigroup on April 22, 2024, initiated with a Buy rating and assigned the stock a target price of $40.
On March 01, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $45.
On January 03, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $39.Barclays initiated its Overweight rating on January 03, 2024, with a $39 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 05 ’23 when Blackley Seth sold 141,000 shares for $26.54 per share. The transaction valued at 3,741,475 led to the insider holds 637,645 shares of the business.
McCarthy Daniel Joseph sold 11,000 shares of EVH for $330,000 on Nov 15 ’23. The PRESIDENT now owns 198,333 shares after completing the transaction at $30.00 per share. On Aug 15 ’23, another insider, Rafferty Emily Ann, who serves as the Chief Operating Officer of the company, sold 7,900 shares for $28.05 each. As a result, the insider received 221,595 and left with 70,897 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 2192605184 and an Enterprise Value of 2851809280. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 1.311 whereas that against EBITDA is 23.103.
Stock Price History:
Over the past 52 weeks, EVH has reached a high of $35.00, while it has fallen to a 52-week low of $19.74. The 50-Day Moving Average of the stock is -21.89%, while the 200-Day Moving Average is calculated to be -32.79%.
Shares Statistics:
The stock has traded on average 1.31M shares per day over the past 3-months and 1817210 shares per day over the last 10 days, according to various share statistics. A total of 113.89M shares are outstanding, with a floating share count of 110.62M. Insiders hold about 4.81% of the company’s shares, while institutions hold 110.97% stake in the company. Shares short for EVH as of 1718323200 were 12379030 with a Short Ratio of 9.43, compared to 1715731200 on 11185253. Therefore, it implies a Short% of Shares Outstanding of 12379030 and a Short% of Float of 12.3100005.
