eHealth (NASDAQ:EHTH) Issues Earnings Results, Beats Expectations By $0.20 EPS

eHealth (NASDAQ:EHTH) released its earnings results on Wednesday. The financial services provider reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.20, Zacks reports. eHealth had a negative net margin of 7.58% and a negative return on equity of 5.70%. eHealth updated its FY 2025 guidance to EPS.

eHealth Stock Performance

eHealth stock traded down $0.07 on Wednesday, hitting $9.10. The company’s stock had a trading volume of 294,915 shares, compared to its average volume of 310,346. The company has a fifty day moving average price of $9.66 and a 200-day moving average price of $6.42. The firm has a market cap of $269.52 million, a P/E ratio of -3.19 and a beta of 0.32. eHealth has a one year low of $3.58 and a one year high of $11.36. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 0.14.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Royal Bank of Canada decreased their target price on shares of eHealth from $13.00 to $11.00 and set a “sector perform” rating for the company in a research note on Monday, November 25th. Craig Hallum raised shares of eHealth from a “hold” rating to a “buy” rating and increased their price target for the stock from $5.00 to $7.00 in a research report on Wednesday, November 6th. StockNews.com upgraded eHealth from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. Finally, UBS Group started coverage on shares of eHealth in a report on Wednesday, December 4th. They issued a “neutral” rating and a $5.50 price target for the company. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, eHealth has a consensus rating of “Hold” and an average target price of $6.38.

About eHealth

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.