Cantor Fitzgerald Reaffirms “Overweight” Rating for eHealth (NASDAQ:EHTH)

Share on StockTwits

Cantor Fitzgerald reiterated their overweight rating on shares of eHealth (NASDAQ:EHTH) in a report issued on Friday, BenzingaRatingsTable reports. The brokerage currently has a $150.00 target price on the financial services provider’s stock, up from their previous target price of $120.00.

Several other equities analysts have also recently commented on the company. Evercore ISI set a $125.00 target price on eHealth and gave the company a buy rating in a research note on Friday, September 27th. Zacks Investment Research downgraded shares of eHealth from a strong-buy rating to a hold rating in a research report on Monday, December 30th. Credit Suisse Group upgraded shares of eHealth to an outperform rating in a research note on Friday, September 27th. Royal Bank of Canada set a $111.00 price target on shares of eHealth and gave the company a buy rating in a report on Friday, October 25th. Finally, ValuEngine downgraded shares of eHealth from a buy rating to a hold rating in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. eHealth presently has an average rating of Buy and a consensus target price of $140.70.

Shares of EHTH opened at $121.96 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of 420.57 and a beta of 1.16. eHealth has a one year low of $49.19 and a one year high of $130.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.06 and a current ratio of 2.07. The stock has a 50-day moving average price of $97.24 and a 200 day moving average price of $86.04.

In related news, CEO Scott N. Flanders sold 89,278 shares of the firm’s stock in a transaction on Friday, January 24th. The stock was sold at an average price of $113.37, for a total transaction of $10,121,446.86. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Robert S. Hurley sold 1,500 shares of eHealth stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $92.26, for a total transaction of $138,390.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 124,000 shares of company stock worth $13,545,004. 5.00% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the business. Parametric Portfolio Associates LLC lifted its position in shares of eHealth by 18.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 70,004 shares of the financial services provider’s stock worth $6,027,000 after buying an additional 11,014 shares during the last quarter. US Bancorp DE boosted its holdings in shares of eHealth by 2,002.8% in the 2nd quarter. US Bancorp DE now owns 757 shares of the financial services provider’s stock valued at $65,000 after buying an additional 721 shares during the period. BlackRock Inc. grew its position in shares of eHealth by 1.0% during the 2nd quarter. BlackRock Inc. now owns 2,952,554 shares of the financial services provider’s stock valued at $254,213,000 after buying an additional 29,842 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of eHealth during the 2nd quarter valued at about $278,000. Finally, Vanguard Group Inc. grew its position in shares of eHealth by 11.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,271,657 shares of the financial services provider’s stock valued at $109,490,000 after buying an additional 127,807 shares during the last quarter.

eHealth Company Profile

eHealth, Inc provides private 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.

Recommended Story: What is the Gross Domestic Product (GDP)?

Analyst Recommendations for eHealth (NASDAQ:EHTH)

Receive News & Ratings for eHealth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eHealth and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

HBT Financial  Given Average Rating of “Buy” by Analysts
HBT Financial Given Average Rating of “Buy” by Analysts
Drexel Morgan & Co. Has $1.63 Million Stock Holdings in Caterpillar Inc.
Drexel Morgan & Co. Has $1.63 Million Stock Holdings in Caterpillar Inc.
Medtronic PLC  Shares Sold by Drexel Morgan & Co.
Medtronic PLC Shares Sold by Drexel Morgan & Co.
Drexel Morgan & Co. Reduces Stock Holdings in Walt Disney Co
Drexel Morgan & Co. Reduces Stock Holdings in Walt Disney Co
Drexel Morgan & Co. Reduces Holdings in Deere & Company
Drexel Morgan & Co. Reduces Holdings in Deere & Company
Analysts Anticipate China Yuchai International Limited  to Post $0.32 Earnings Per Share
Analysts Anticipate China Yuchai International Limited to Post $0.32 Earnings Per Share


© 2006-2020 Ticker Report