eHealth (NASDAQ:EHTH) Releases Earnings Results, Beats Expectations By $0.20 EPS

eHealth (NASDAQ:EHTH) issued its earnings results on Wednesday. The financial services provider reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.20, Zacks reports. eHealth had a negative return on equity of 5.70% and a negative net margin of 7.58%. eHealth updated its FY 2025 guidance to EPS.

eHealth Trading Down 0.2 %

Shares of EHTH traded down $0.02 during mid-day trading on Wednesday, reaching $9.14. 313,484 shares of the company’s stock traded hands, compared to its average volume of 310,810. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.10 and a quick ratio of 3.10. The stock’s 50-day moving average is $9.66 and its two-hundred day moving average is $6.42. eHealth has a 12 month low of $3.58 and a 12 month high of $11.36. The stock has a market cap of $270.85 million, a P/E ratio of -3.21 and a beta of 0.32.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. StockNews.com upgraded shares of eHealth from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th. UBS Group initiated coverage on eHealth in a research note on Wednesday, December 4th. They issued a “neutral” rating and a $5.50 price target for the company. Royal Bank of Canada cut their target price on shares of eHealth from $13.00 to $11.00 and set a “sector perform” rating on the stock in a research note on Monday, November 25th. Finally, Craig Hallum raised shares of eHealth from a “hold” rating to a “buy” rating and increased their price target for the stock from $5.00 to $7.00 in a research note on Wednesday, November 6th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, eHealth presently has a consensus rating of “Hold” and an average price target of $6.38.

eHealth Company Profile

eHealth, Inc operates a health insurance marketplace that provides consumer engagement, education, and health insurance enrollment solutions in the United States. The company operates in two segments, Medicare; and Employer and Individual. The Medicare segment offers sale of Medicare-related health insurance plans, which includes Medicare advantage, Medicare Supplement, and Medicare Part D prescription drug plans to Medicare-eligible customers including but not limited to, dental, and vision insurance, as well as advertising program for marketing and other services.