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Evolent Health (EVH) Stock Price, News & Analysis

$30.51
+0.16 (+0.53%)
(As of 09/6/2024 ET)
Today's Range
$30.05
$31.10
50-Day Range
$18.40
$32.96
52-Week Range
$17.98
$35.00
Volume
1.46 million shs
Average Volume
1.62 million shs
Market Capitalization
$3.55 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$40.40

Evolent Health MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.4% Upside
$40.40 Price Target
Short Interest
Bearish
13.66% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.71mentions of Evolent Health in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$9.29 M Sold Last Quarter
Proj. Earnings Growth
24.72%
From $0.89 to $1.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Computer And Technology Sector

236th out of 594 stocks

Management Services Industry

3rd out of 5 stocks

EVH stock logo

About Evolent Health Stock (NYSE:EVH)

Evolent Health, Inc., through its subsidiary, Evolent Health LLC, offers specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company provides platform for health plan administration and value-based business infrastructure. It offers administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides holistic total cost of care management. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia.

EVH Stock Price History

EVH Stock News Headlines

China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
Truist Financial Sticks to Its Buy Rating for Evolent Health (EVH)
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Management services
Sub-Industry
Business Services
Employees
4,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.40
High Stock Price Target
$46.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+32.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$-113,040,000.00
Pretax Margin
-4.01%

Debt

Sales & Book Value

Annual Sales
$2.35 billion
Cash Flow
$1.70 per share
Book Value
$9.06 per share

Miscellaneous

Free Float
114,354,000
Market Cap
$3.55 billion
Optionable
Optionable
Beta
1.54
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Key Executives

  • Mr. Seth Barrie Blackley (Age 45)
    Co-Founder, CEO & Director
    Comp: $2M
  • Mr. Dan McCarthy (Age 39)
    CEO of New Century Health & President
    Comp: $1.4M
  • Mr. John Paul JohnsonMr. John Paul Johnson (Age 40)
    Chief Financial Officer
    Comp: $1.13M
  • Mr. Aammaad Shams (Age 40)
    Chief Accounting Officer
    Comp: $341.78k
  • Mr. Robert Cruz
    Chief Technology Officer
  • Ms. Jessica White
    Chief Information Officer
  • Mr. Seth R. Frank
    Vice President of Investor Relations
  • Ms. Kali Beyah
    Chief People & Brand Officer
  • Dr. John Tam M.D.
    Chief Strategy Officer
  • Mr. Scott Pritchard
    President of Performance Suite

EVH Stock Analysis - Frequently Asked Questions

How have EVH shares performed this year?

Evolent Health's stock was trading at $33.03 on January 1st, 2024. Since then, EVH stock has decreased by 7.6% and is now trading at $30.51.
View the best growth stocks for 2024 here
.

How were Evolent Health's earnings last quarter?

Evolent Health, Inc. (NYSE:EVH) posted its quarterly earnings results on Thursday, August, 8th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.09. The company's revenue for the quarter was up 37.9% compared to the same quarter last year.

What is Seth Blackley's approval rating as Evolent Health's CEO?

12 employees have rated Evolent Health Chief Executive Officer Seth Blackley on Glassdoor.com. Seth Blackley has an approval rating of 100% among the company's employees. This puts Seth Blackley in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Evolent Health IPO?

Evolent Health (EVH) raised $150 million in an initial public offering on Friday, June 5th 2015. The company issued 10,000,000 shares at $14.00-$16.00 per share. J.P. Morgan and Goldman Sachs served as the underwriters for the IPO and Wells Fargo Securities, William Blair, SunTrust Robinson Humphrey and Leerink Partners were co-managers.

Who are Evolent Health's major shareholders?

Evolent Health's top institutional shareholders include William Blair Investment Management LLC (4.32%), Engaged Capital LLC (3.54%), Dimensional Fund Advisors LP (2.04%) and Bank of New York Mellon Corp (1.76%). Insiders that own company stock include Frank J Williams, Seth Blackley, Daniel Joseph Mccarthy, John Paul Johnson, Jonathan Weinberg, Emily Ann Rafferty, Diane Holder, Cheryl Scott, Mary Bridget Duffy and Steve Tutewohl.
View institutional ownership trends
.

How do I buy shares of Evolent Health?

Shares of EVH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Evolent Health own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Evolent Health investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Universal Insurance (UVE), Endologix (ELGX), Advanced Micro Devices (AMD), Energy Transfer (ET) and Chipotle Mexican Grill (CMG).

This page (NYSE:EVH) was last updated on 9/7/2024 by MarketBeat.com Staff

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