Lazard Capital Analysts Begin Coverage on eHealth (EHTH)
Separately, analysts at Bank of America (NYSE: BAC) downgraded shares of eHealth from a “buy” rating to a “neutral” rating in a research note to investors on Monday, April 2nd. They now have a $18.00 price target on the stock, down previously from $19.00.
eHealth traded down 1.92% on Wednesday, hitting $16.36. eHealth has a 52-week low of $11.60 and a 52-week high of $17.92. The company has a market cap of $320.5 million and a price-to-earnings ratio of 52.29.
eHealth last posted its quarterly earnings results on Thursday, April 26th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.08 by $0.09. eHealth’s revenue was down 1.3% compared to the same quarter last year. Analysts expect that eHealth will post $0.02 EPS next quarter.
eHealth, Inc. (eHealth) is an online source of health insurance for individuals, families and small businesses.