TheStreet downgraded shares of eHealth, Inc. (NASDAQ:EHTH) from a c rating to a d+ rating in a report issued on Thursday morning.

A number of other analysts have also recently commented on the stock. Zacks Investment Research raised shares of eHealth from a hold rating to a strong-buy rating and set a $20.00 price target on the stock in a research report on Tuesday, May 9th. Cantor Fitzgerald reaffirmed a buy rating and set a $20.00 price target on shares of eHealth in a research report on Thursday, May 11th. Jefferies Group LLC reaffirmed a hold rating and set a $11.50 price target on shares of eHealth in a research report on Thursday, March 30th. Finally, BidaskClub raised shares of eHealth from a hold rating to a buy rating in a research report on Wednesday, July 19th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. eHealth has a consensus rating of Buy and an average target price of $18.25.

Shares of eHealth (NASDAQ:EHTH) opened at 17.55 on Thursday. eHealth has a 12-month low of $6.38 and a 12-month high of $19.53. The company’s 50-day moving average price is $18.51 and its 200-day moving average price is $14.54. The firm has a market capitalization of $323.46 million, a PE ratio of 30.84 and a beta of 1.60.

eHealth (NASDAQ:EHTH) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported ($0.92) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.75) by $0.17. The firm had revenue of $28 million for the quarter, compared to the consensus estimate of $29.25 million. eHealth had a negative net margin of 3.44% and a negative return on equity of 5.70%. The business’s revenue was down 24.9% compared to the same quarter last year. During the same period last year, the company posted $0.09 EPS. Analysts anticipate that eHealth will post ($1.01) EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the company. Cannell Capital LLC boosted its position in eHealth by 37.2% in the first quarter. Cannell Capital LLC now owns 916,364 shares of the financial services provider’s stock worth $11,033,000 after buying an additional 248,417 shares during the period. Redmile Group LLC boosted its position in eHealth by 19.4% in the first quarter. Redmile Group LLC now owns 1,191,334 shares of the financial services provider’s stock worth $14,344,000 after buying an additional 193,713 shares during the period. Renaissance Technologies LLC boosted its position in eHealth by 11.3% in the first quarter. Renaissance Technologies LLC now owns 878,900 shares of the financial services provider’s stock worth $10,582,000 after buying an additional 89,400 shares during the period. Dimensional Fund Advisors LP boosted its position in eHealth by 9.6% in the first quarter. Dimensional Fund Advisors LP now owns 645,432 shares of the financial services provider’s stock worth $7,771,000 after buying an additional 56,767 shares during the period. Finally, Vanguard Group Inc. boosted its position in eHealth by 5.9% in the first quarter. Vanguard Group Inc. now owns 932,496 shares of the financial services provider’s stock worth $11,227,000 after buying an additional 52,357 shares during the period. 93.59% of the stock is currently owned by institutional investors.

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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