Shares of eHealth, Inc. (NASDAQ:EHTH) have earned a consensus rating of “Hold” from the seven analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $17.67.

Several research analysts have issued reports on the company. Zacks Investment Research lowered eHealth from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd. BidaskClub lowered eHealth from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd. Cantor Fitzgerald reiterated a “buy” rating and issued a $20.00 price target on shares of eHealth in a report on Thursday, July 27th. TheStreet lowered eHealth from a “c” rating to a “d+” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $18.00 price target on shares of eHealth in a report on Friday, July 14th.

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Shares of eHealth (NASDAQ:EHTH) traded up 0.81% during mid-day trading on Friday, reaching $17.53. The company had a trading volume of 95,069 shares. eHealth has a 52-week low of $6.38 and a 52-week high of $19.53. The company’s market cap is $324.92 million. The firm’s 50-day moving average price is $18.22 and its 200 day moving average price is $14.88.

eHealth (NASDAQ:EHTH) last announced its quarterly earnings results on Thursday, July 27th. The financial services provider reported ($0.92) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.75) by $0.17. The firm had revenue of $28 million during the quarter, compared to the consensus estimate of $29.25 million. eHealth had a negative return on equity of 5.64% and a negative net margin of 3.44%. The firm’s revenue was down 24.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.09 EPS. Equities analysts expect that eHealth will post ($0.94) EPS for the current year.

In other news, Director Jack L. Oliver III sold 14,745 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $16.79, for a total value of $247,568.55. Following the transaction, the director now owns 51,375 shares in the company, valued at $862,586.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.22% of the stock is owned by company insiders.

Hedge funds have recently modified their holdings of the company. BNP Paribas Arbitrage SA raised its stake in shares of eHealth by 92.1% in the second quarter. BNP Paribas Arbitrage SA now owns 7,611 shares of the financial services provider’s stock worth $143,000 after buying an additional 3,650 shares during the period. Thrivent Financial For Lutherans acquired a new stake in shares of eHealth during the second quarter worth approximately $190,000. Hancock Holding Co. acquired a new stake in shares of eHealth during the second quarter worth approximately $198,000. Texas Permanent School Fund raised its stake in shares of eHealth by 1.3% in the second quarter. Texas Permanent School Fund now owns 12,245 shares of the financial services provider’s stock worth $230,000 after buying an additional 160 shares during the period. Finally, OppenheimerFunds Inc. raised its stake in shares of eHealth by 11.1% in the first quarter. OppenheimerFunds Inc. now owns 12,891 shares of the financial services provider’s stock worth $156,000 after buying an additional 1,289 shares during the period. Institutional investors and hedge funds own 93.56% of the company’s stock.

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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