eHealth (EHTH) Receiving Somewhat Favorable Press Coverage, Analysis Finds
Media coverage about eHealth (NASDAQ:EHTH) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. eHealth earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.9888672909795 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities analysts have commented on EHTH shares. ValuEngine upgraded shares of eHealth from a “hold” rating to a “buy” rating in a report on Friday, July 6th. BidaskClub upgraded shares of eHealth from a “hold” rating to a “buy” rating in a report on Tuesday, June 5th. Chardan Capital started coverage on shares of eHealth in a report on Thursday, August 16th. They issued a “buy” rating and a $40.00 target price for the company. TheStreet upgraded shares of eHealth from a “d” rating to a “c-” rating in a report on Thursday, April 26th. Finally, Zacks Investment Research downgraded shares of eHealth from a “buy” rating to a “hold” rating in a report on Tuesday, May 15th. Three investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $26.86.
EHTH opened at $29.62 on Tuesday. eHealth has a 52-week low of $13.61 and a 52-week high of $32.96. The stock has a market cap of $575.85 million, a PE ratio of -23.14 and a beta of 1.36.
In other news, Director Jack L. Oliver III sold 30,750 shares of the company’s stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $24.82, for a total transaction of $763,215.00. Following the transaction, the director now owns 38,637 shares in the company, valued at $958,970.34. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ellen O. Tauscher sold 31,857 shares of the company’s stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $23.16, for a total transaction of $737,808.12. The disclosure for this sale can be found here. Corporate insiders own 4.14% of the company’s stock.
eHealth, Inc provides private online health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.
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