Cantor Fitzgerald reaffirmed their overweight rating on shares of eHealth, Inc. (NASDAQ:EHTH) in a research report released on Friday morning. The firm currently has a $15.00 price objective on the stock.

Other equities research analysts have also issued reports about the stock. Jefferies Group LLC lifted their price target on shares of eHealth from $9.50 to $11.50 and gave the stock a hold rating in a research note on Friday, February 24th. Craig Hallum upgraded shares of eHealth from a hold rating to a buy rating and set a $15.00 price target on the stock in a research note on Wednesday, January 11th. Finally, Zacks Investment Research lowered shares of eHealth from a hold rating to a strong sell rating in a research note on Friday, February 24th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. eHealth has a consensus rating of Hold and an average target price of $14.90.

Shares of eHealth (NASDAQ:EHTH) traded down 0.59% on Friday, hitting $11.72. 55,936 shares of the company’s stock were exchanged. The stock’s market cap is $214.99 million. The company’s 50-day moving average price is $11.44 and its 200 day moving average price is $10.90. eHealth has a 12-month low of $6.38 and a 12-month high of $15.14.

eHealth (NASDAQ:EHTH) last announced its quarterly earnings results on Friday, February 24th. The company reported ($0.79) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.84) by $0.05. eHealth had a negative net margin of 0.13% and a positive return on equity of 1.16%. The firm had revenue of $43.80 million for the quarter, compared to analyst estimates of $42.18 million. During the same period last year, the business earned ($0.56) EPS. eHealth’s revenue for the quarter was down 12.7% compared to the same quarter last year. On average, equities analysts predict that eHealth will post ($1.52) earnings per share for the current fiscal year.

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A number of large investors have recently made changes to their positions in the company. Comerica Bank increased its position in shares of eHealth by 5.9% in the fourth quarter. Comerica Bank now owns 17,737 shares of the company’s stock valued at $221,000 after buying an additional 989 shares during the last quarter. Orbimed Advisors LLC increased its position in shares of eHealth by 0.3% in the fourth quarter. Orbimed Advisors LLC now owns 1,820,000 shares of the company’s stock valued at $19,383,000 after buying an additional 5,000 shares during the last quarter. California Public Employees Retirement System increased its position in shares of eHealth by 5.6% in the third quarter. California Public Employees Retirement System now owns 104,100 shares of the company’s stock valued at $1,167,000 after buying an additional 5,500 shares during the last quarter. Granite Investment Partners LLC increased its position in shares of eHealth by 6.6% in the third quarter. Granite Investment Partners LLC now owns 107,043 shares of the company’s stock valued at $1,200,000 after buying an additional 6,628 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of eHealth by 48.1% in the second quarter. Royal Bank of Canada now owns 46,206 shares of the company’s stock valued at $648,000 after buying an additional 15,006 shares during the last quarter. Hedge funds and other institutional investors own 88.47% of the company’s stock.

About eHealth

eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.

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