Wall Street analysts forecast that eHealth, Inc. (NASDAQ:EHTH) will announce earnings of ($1.24) per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for eHealth’s earnings, with the lowest EPS estimate coming in at ($1.59) and the highest estimate coming in at ($1.10). eHealth reported earnings of ($0.79) per share in the same quarter last year, which would suggest a negative year over year growth rate of 57%. The business is expected to issue its next earnings results on Monday, February 26th.

According to Zacks, analysts expect that eHealth will report full-year earnings of ($1.01) per share for the current year, with EPS estimates ranging from ($1.41) to ($0.90). For the next financial year, analysts anticipate that the firm will post earnings of ($0.15) per share, with EPS estimates ranging from ($0.68) to $0.18. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow eHealth.

eHealth (NASDAQ:EHTH) last posted its earnings results on Thursday, October 26th. The financial services provider reported ($0.98) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.73) by ($0.25). eHealth had a negative net margin of 11.94% and a negative return on equity of 21.88%. The company had revenue of $26.62 million for the quarter, compared to the consensus estimate of $25.55 million. During the same quarter last year, the business earned ($0.23) earnings per share. eHealth’s quarterly revenue was down 17.0% on a year-over-year basis.

A number of equities analysts have recently commented on the company. ValuEngine upgraded eHealth from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. TheStreet lowered eHealth from a “c-” rating to a “d” rating in a research note on Wednesday, December 13th. BidaskClub lowered eHealth from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 14th. Craig Hallum reiterated a “buy” rating and issued a $28.00 price objective on shares of eHealth in a research note on Monday, December 11th. Finally, Jefferies Group lifted their price objective on eHealth from $20.00 to $23.00 and gave the stock a “hold” rating in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $25.33.

Several institutional investors have recently bought and sold shares of EHTH. Legal & General Group Plc increased its stake in shares of eHealth by 10.5% in the second quarter. Legal & General Group Plc now owns 31,016 shares of the financial services provider’s stock worth $584,000 after purchasing an additional 2,939 shares during the period. BNP Paribas Arbitrage SA increased 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 purchasing an additional 3,650 shares during the period. Principal Financial Group Inc. increased its stake in shares of eHealth by 0.6% in the second quarter. Principal Financial Group Inc. now owns 127,571 shares of the financial services provider’s stock worth $2,398,000 after purchasing an additional 705 shares during the period. JPMorgan Chase & Co. increased its stake in shares of eHealth by 112.4% in the second quarter. JPMorgan Chase & Co. now owns 50,752 shares of the financial services provider’s stock worth $954,000 after purchasing an additional 26,852 shares during the period. Finally, Wells Fargo & Company MN increased its stake in eHealth by 30.1% during the second quarter. Wells Fargo & Company MN now owns 18,516 shares of the financial services provider’s stock valued at $348,000 after acquiring an additional 4,288 shares during the period. Institutional investors and hedge funds own 89.94% of the company’s stock.

eHealth (EHTH) opened at $17.66 on Friday. eHealth has a 1-year low of $10.35 and a 1-year high of $28.59. The firm has a market capitalization of $327.15, a PE ratio of -15.36 and a beta of 1.58.

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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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