In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $10.47 in the prior trading day, Evolent Health Inc (NYSE: EVH) closed at $9.45, down -9.74%. In other words, the price has decreased by -$9.74 from its previous closing price. On the day, 2.93 million shares were traded.
Ratios:
Our goal is to gain a better understanding of EVH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.70.
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:
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 Feb 25 ’25 when DUFFY MARY BRIDGET bought 9,151 shares for $10.27 per share.
McCarthy Daniel Joseph sold 23,693 shares of EVH for $731,790 on Aug 22 ’24. The PRESIDENT now owns 198,809 shares after completing the transaction at $30.89 per share. On Aug 23 ’24, another insider, McCarthy Daniel Joseph, who serves as the PRESIDENT of the company, sold 10,469 shares for $32.38 each. As a result, the insider received 339,008 and left with 188,340 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.09.
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 $9.45. The 50-Day Moving Average of the stock is -11.77%, while the 200-Day Moving Average is calculated to be -52.20%.
Shares Statistics:
A total of 115.04M shares are outstanding, with a floating share count of 114.47M. Insiders hold about 1.82% of the company’s shares, while institutions hold 107.18% stake in the company.
