In a letter distributed to investors on Wednesday, research analysts at Deutsche Bank Aktiengesellschaft lowered their target price for eHealth’s (NASDAQ: EHTH) stock from $10.00 to $4.00. The Fly reported the news. According to the price at which the stock is anticipated to reach the target price, the potential increase in value of Deutsche Bank Aktiengesellschaft is 5.82%. But, again, this is based on the price at which the stock is expected to reach the target price.

In recent times, several other equity analysts have referenced the company in the writings that they have produced. Evercore ISI stated in a research note released on Monday, August 15, that they had decreased their target price for eHealth to $8.50. Truist Financial stated in a report made available to the public on Tuesday that they have reduced their price target for eHealth from $8.00 to $3.00. In a report made public on Tuesday, August 9, the Royal Bank of Canada suggested a lower price goal for eHealth. The price target was lowered from $17.00 to $16.00, and a “sector perform” rating was assigned to the stock. Credit Suisse Group stated in a research note that was made public on August 15 that they would be downgrading their price objective on eHealth from $13.00 to $10.00 and that they would be rating the company’s performance as “neutral.” Finally, on October 12, StockNews.com published a research note on the subject, marking the beginning of the website’s coverage of the eHealth industry. They suggested that customers “sell” the company to the company. The stock has been recommended to be sold by one of the research analysts, while the other seven analysts have recommended keeping the stock in one’s portfolio. According to Bloomberg.com, the current recommendation for eHealth is “Hold,” and the price target has been set at an average of $10.94. This information comes from a survey that was conducted for the company.
On Wednesday, the cost of purchasing a share of eHealth stock was $3.78 per share. The quick ratio, the current ratio, and the debt-to-equity ratio all come in at 7.67, while the debt-to-equity ratio is at 0.10. With a price-to-earnings ratio of -0.56 and a beta value of 0.41, it is estimated that the company’s value is 103.03 million dollars. Within the past year, eHealth’s share price reached a new all-time low of $2.67 and a new all-time high of $32.40. In addition, the average price paid by customers for the company’s products or services over the past 50 days is $4.03, while the average price paid over the past 200 days is $7.36.

On August 8, the most recent earnings report was made public for eHealth, a company traded on the NASDAQ under the symbol EHTH. The earnings per share for the quarter that the financial services company reported came in at $1.33, which was $0.08 more than the average expectation of $1.41. The actual revenue for the quarter came in at $50.40 million, which is significantly lower than the consensus projection of $74.89 million in revenue for the quarter. eHealth had a return on equity that was negative by 15.24% and a negative net margin of 33.56%. The revenue that EHealth brought in fell by 47.8 percent when compared to the previous fiscal year. The company incurred a loss of $0.70 per share during the same period in the previous year. According to projections made by sell-side analysts, eHealth will finish the current fiscal year with a loss of $3.86 per share.

Many investors were active buyers and sellers of EHTH stock throughout the most recent period. The investment made by Renaissance Technologies LLC in eHealth during the first three months of 2018 was up 269.7%. After making an additional purchase of 471,905 shares during the preceding quarter, Renaissance Technologies LLC now has 646,900 stock held by the financial services provider. Based on the current market price, this gives the company a value of approximately $8,028,000. Federated Hermes Inc. made additional purchases of eHealth common stock during the first three months of 2018, spending approximately $3,200,000. During the second quarter of this fiscal year, Assenagon Asset Management S.A. brought its total ownership of eHealth to a 203.2% higher than before. Assenagon Asset Management S.A. now has 298.155 shares of the company that provides financial services thanks to purchasing an additional 199,810 shares during the most recent quarter. The shares are currently valued at $2,782,000. During the first three months of 2018, Starboard Value L.P. increased its ownership of eHealth by 9.5% through the purchase of additional shares. Starboard Value L.P. now has 2,243,117 of the financial services provider’s shares, worth a combined total of $27,837,000 after purchasing an additional 195,000 shares during the most recent quarter. This brings Starboard Value L.P.’s total number of shares to 2,243,117. And finally, during the second quarter, Aristotle Capital Boston LLC increased its holdings in eHealth by purchasing an additional 34.9% of the company’s shares. Aristotle Capital Boston LLC now holds a total of 598,445 shares of the stock held by the financial services provider. This is a result of the company’s purchase of an additional 154,936 shares during the most recent quarter. The stock currently has an estimated market value of $5,583,000. Institutional investors and hedge funds hold 87.16 percent of the total number of shares in the company. This percentage accounts for the shares held by institutional investors.

In the United States, consumers have access to solutions for interacting with health insurance providers, enrolling in health insurance plans, and receiving information through a marketplace for health insurance that is managed by eHealth, Inc. Medicare and Individual, Family, and Small Businesses are the two distinct sub-divisions that make up the organization. Medicare is the more comprehensive program of the two options. E-commerce platforms allow individuals, families, and small businesses to browse through, analyze, compare, and purchase various health insurance plans. This is made possible by displaying information about health insurance in several ways and arranging it in several different ways.

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