#5 - eHealth (NASDAQ:EHTH)
eHealth (NASDAQ: EHTH) - Another hot button issue for investors and politicians is health care, and eHealth has been at the center of this storm. First, the good news. The small-cap company has seen its stock soar to levels it has not seen since late in 2014, including a near 40% rise since the beginning of 2019. In 2014, the company was expected to be one of the larger beneficiaries of the Affordable Care Act (ACA), that didn’t equate to stock price growth. The stock languished down around its original $15 per share figure throughout much of four years. The question for EHTH is whether the current levels are sustainable. While the ACA was struck down in a Federal court, the return of the Democratic party to a ruling position in the House of Representatives may allow a certain sense of "business as usual" to remain. With the next presidential election over a year away, it's likely that there will be a high-risk premium on this stock over the next 18 months.
About eHealth
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.
Read More - Current Price
- $5.45
- Consensus Rating
- Hold
- Ratings Breakdown
- 1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $6.67 (22.3% Upside)
