eHealth, Inc. (NASDAQ:EHTH) – Research analysts at SunTrust Banks raised their FY2017 earnings per share (EPS) estimates for shares of eHealth in a report released on Tuesday. SunTrust Banks analyst T. Sommer now forecasts that the financial services provider will post earnings per share of ($1.47) for the year, up from their prior estimate of ($1.98). SunTrust Banks currently has a “Buy” rating and a $30.00 target price on the stock. SunTrust Banks also issued estimates for eHealth’s Q4 2017 earnings at ($1.24) EPS.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings data on Thursday, October 26th. The financial services provider reported ($0.98) EPS for the quarter, missing analysts’ consensus estimates of ($0.73) by ($0.25). eHealth had a negative return on equity of 21.88% and a negative net margin of 11.94%. The firm had revenue of $26.62 million during the quarter, compared to analyst estimates of $25.55 million. During the same quarter in the prior year, the firm earned ($0.23) EPS. The business’s quarterly revenue was down 17.0% compared to the same quarter last year.

A number of other brokerages have also issued reports on EHTH. Zacks Investment Research lowered shares of eHealth from a “hold” rating to a “sell” rating in a research note on Tuesday. Craig Hallum restated a “buy” rating and issued a $28.00 target price on shares of eHealth in a research note on Monday, December 11th. BidaskClub lowered shares of eHealth from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 14th. ValuEngine upgraded shares of eHealth from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Jefferies Group upped their target price on shares of eHealth from $20.00 to $23.00 and gave the company a “hold” rating in a research note on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. eHealth currently has a consensus rating of “Hold” and a consensus target price of $25.33.

Shares of eHealth (NASDAQ:EHTH) opened at $18.67 on Friday. The stock has a market cap of $346.05, a PE ratio of -16.23 and a beta of 1.58. eHealth has a 12 month low of $10.35 and a 12 month high of $28.59.

Institutional investors have recently modified their holdings of the company. Legal & General Group Plc grew its position in shares of eHealth by 10.5% during the 2nd quarter. Legal & General Group Plc now owns 31,016 shares of the financial services provider’s stock valued at $584,000 after buying an additional 2,939 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in shares of eHealth by 92.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,611 shares of the financial services provider’s stock valued at $143,000 after buying an additional 3,650 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of eHealth by 0.6% during the 2nd quarter. Principal Financial Group Inc. now owns 127,571 shares of the financial services provider’s stock valued at $2,398,000 after buying an additional 705 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of eHealth by 112.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 50,752 shares of the financial services provider’s stock valued at $954,000 after buying an additional 26,852 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of eHealth by 30.1% during the 2nd quarter. Wells Fargo & Company MN now owns 18,516 shares of the financial services provider’s stock valued at $348,000 after buying an additional 4,288 shares during the last quarter. Institutional investors and hedge funds own 89.94% of the company’s stock.

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eHealth Company Profile

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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