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Evolent Health (EVH)
NYSE:EVH
Evolent Health (EVH) Stock Price & Analysis
550 Followers
EVH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.33 - $36.70
Previous Close$29.64
Volume826.86K
Average Volume (3M)940.17K
Market Cap
$3.42B
Enterprise Value$3.87B
Total Cash (Recent Filing)$192.82M
Total Debt (Recent Filing)$644.80M
Price to Earnings (P/E)-23.2
Beta1.06
Next Earnings
May 01, 2024EPS Estimate
$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.27
Shares Outstanding115,430,107
10 Day Avg. Volume707,660
30 Day Avg. Volume940,166
Standard Deviation0.18
R-Squared0.21
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.35
Price to Sales (P/S)6.15
Price to Cash Flow (P/CF)9.70
P/FCF Ratio1.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.97
Enterprise Value/Gross Profit8.41
Enterprise Value/Ebitda-53.23
Forecast
1Y Price Target
$46.56Price Target Upside57.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Evolent Health News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst recommends BUY, with a price target adjusted to $44, reflecting confidence in the company's future performance.
Growth PotentialThe company's robust pipeline and cross-selling opportunities show potential for growth.
Market PositionIncreasing interest from health plans and risk-bearing physician groups looking for specialty care management partners indicates a strengthening market position.
Bears Say
Financial PerformanceInitial gross margins will be minimal for newly onboarded Performance Suite business, requiring time to ramp up and impact profitability.
Membership DeclineA projected decline in MDCD membership could reflect negatively on the company's performance in the healthcare sector.
Product ForecastThe forecast for added Specialty Tech and Services product lives in 2024 has been lowered, incorporating some conservatism for Medicaid redeterminations.
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Ownership Overview
12.09% Insiders
38.54% Mutual Funds
15.14% Other Institutional Investors
34.23% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EVH FAQ
What was Evolent Health’s price range in the past 12 months?
Evolent Health lowest stock price was $23.33 and its highest was $36.70 in the past 12 months.
What is Evolent Health’s market cap?
Currently, no data Available
When is Evolent Health’s upcoming earnings report date?
Evolent Health’s upcoming earnings report date is May 01, 2024 which is in 12 days.
How were Evolent Health’s earnings last quarter?
Evolent Health released its earnings results on Feb 22, 2024. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.166 by $0.064.
Is Evolent Health overvalued?
According to Wall Street analysts Evolent Health’s price is currently Undervalued.
Does Evolent Health pay dividends?
Evolent Health does not currently pay dividends.
What is Evolent Health’s EPS estimate?
Evolent Health’s EPS estimate is $0.21.
How many shares outstanding does Evolent Health have?
Evolent Health has 115,430,110 shares outstanding.
What happened to Evolent Health’s price movement after its last earnings report?
Evolent Health reported an EPS of $0.23 in its last earnings report, beating expectations of $0.166. Following the earnings report the stock price went up 14.444%.
Which hedge fund is a major shareholder of Evolent Health?
Among the largest hedge funds holding Evolent Health’s share is Engaged Capital LLC. It holds Evolent Health’s shares valued at 108M.
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Evolent Health Stock Smart Score
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$46.56 (57.19% Upside)
$46.56 (57.19% Upside)
Blogger Sentiment
Bullish
EVH Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 544.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.69%
12-Months-Change
Fundamentals
Return on Equity
-11.73%
Trailing 12-Months
Asset Growth
47.49%
Trailing 12-Months
Company Description
Evolent Health
Evolent Health, Inc. engages in the provision of health care delivery and payment services. Its solutions include population health management, health plan administration and third party administration, network performance management, risk adjustment, pharmacy benefit management, analytics and performance improvement, and technology and electronic medical record integration. The firm operates through Services segment and True Health segment. The Services segment includes three types of services designed to help partners manage patient health; value-based care services, specialty care management services and comprehensive health plan administration services. The True Health segment, which operates a health plan in New Mexico, and provides reinsurance to NMHC, takes on certain insurance and underwriting costs in pricing its premiums. The company was founded by Frank J. Williams, Seth B. Blackley, and Tom Peterson in August 2011 and is headquartered in Arlington, VA.
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EVH Company Deck
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EVH Earnings Call
Q4 2024
0:00 / 0:00
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EVH Stock 12 Months Forecast
Average Price Target
$46.56
▲(57.19% Upside)
Technical Analysis
Best Analysts Covering EVH
1 Year
1 Year Success Rate
25/47 ratings generated profit
1 Year Average Return
+23.53%
reiterated a buy rating 24 days ago
Copying Richard Close's trades and holding each position for 1 Year would result in 53.19% of your transactions generating a profit, with an average return of +23.53% per trade.
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