NASDAQ:INOV - Inovalon Stock Price, News, & Analysis

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$13.05 +0.39 (+3.08 %)
(As of 12/9/2018 04:00 PM ET)
Previous Close$13.05
Today's Range$12.53 - $13.18
52-Week Range$8.90 - $15.55
Volume524,073 shs
Average Volume572,285 shs
Market Capitalization$1.99 billion
P/E Ratio56.74
Dividend YieldN/A
Beta1.15
Inovalon Holdings, Inc., a technology company, provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models in the healthcare industry. The company's platform enables the assessment and enhancement of clinical and quality outcomes and financial performance. It serves health plans and provider organizations, as well as pharmaceutical, medical device, and diagnostics companies. The company provides technology that supports approximately 500 healthcare organizations. Its platforms are informed by data pertaining to approximately 932,000 physicians; 455,000 clinical facilities; and approximately 240 million individuals and 37 billion medical events. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:INOV
Previous Symbol
CUSIPN/A
Phone301-809-4000

Debt

Debt-to-Equity Ratio1.36
Current Ratio2.07
Quick Ratio2.07

Price-To-Earnings

Trailing P/E Ratio56.74
Forward P/E Ratio59.32
P/E Growth4.28

Sales & Book Value

Annual Sales$449.36 million
Price / Sales4.43
Cash Flow$0.6006 per share
Price / Cash Flow21.73
Book Value$4.47 per share
Price / Book2.92

Profitability

EPS (Most Recent Fiscal Year)$0.23
Net Income$34.81 million
Net Margins-2.12%
Return on Equity4.12%
Return on Assets1.90%

Miscellaneous

Employees2,480
Outstanding Shares152,410,000
Market Cap$1.99 billion
OptionableOptionable

Inovalon (NASDAQ:INOV) Frequently Asked Questions

What is Inovalon's stock symbol?

Inovalon trades on the NASDAQ under the ticker symbol "INOV."

How were Inovalon's earnings last quarter?

Inovalon Holdings Inc (NASDAQ:INOV) posted its quarterly earnings data on Wednesday, November, 7th. The technology company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The technology company had revenue of $145.81 million for the quarter, compared to analysts' expectations of $159.53 million. Inovalon had a negative net margin of 2.12% and a positive return on equity of 4.12%. Inovalon's quarterly revenue was up 25.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.09 earnings per share. View Inovalon's Earnings History.

When is Inovalon's next earnings date?

Inovalon is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Inovalon.

What guidance has Inovalon issued on next quarter's earnings?

Inovalon issued an update on its FY19 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $0.41-0.47 for the period, compared to the Thomson Reuters consensus estimate of $0.43. The company issued revenue guidance of $637-657 million, compared to the consensus revenue estimate of $647.06 million.Inovalon also updated its FY 2018 guidance to $0.27-0.34 EPS.

What price target have analysts set for INOV?

2 equities research analysts have issued 1 year price objectives for Inovalon's stock. Their forecasts range from $10.00 to $11.00. On average, they anticipate Inovalon's stock price to reach $10.50 in the next year. This suggests that the stock has a possible downside of 19.5%. View Analyst Price Targets for Inovalon.

What is the consensus analysts' recommendation for Inovalon?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Inovalon.

Has Inovalon been receiving favorable news coverage?

Media coverage about INOV stock has been trending positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Inovalon earned a news impact score of 2.3 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the stock's share price in the near term.

Who are some of Inovalon's key competitors?

Who are Inovalon's key executives?

Inovalon's management team includes the folowing people:
  • Keith R. Dunleavy, Chairman & CEO (Age 49)
  • Mr. Robert A. Wychulis, Pres (Age 63)
  • Mr. John Michael Burgin, Chief Product Officer (Age 44)
  • Mr. Jonathan R. Boldt, Interim Chief Financial Officer (Age 33)
  • Mr. Jason B. Capitel, Chief Operating Officer (Age 46)

When did Inovalon IPO?

(INOV) raised $500 million in an initial public offering on Thursday, February 12th 2015. The company issued 22,200,000 shares at a price of $21.00-$24.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, BofA Merrill Lynch and UBS Investment Bank served as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.

Who are Inovalon's major shareholders?

Inovalon's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.93%), BlackRock Inc. (3.36%), FMR LLC (3.15%), Neuberger Berman Group LLC (2.40%), Riverbridge Partners LLC (0.64%) and Bank of New York Mellon Corp (0.49%). Company insiders that own Inovalon stock include Jason Capitel, Joseph R Rostock, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis, Shauna L Vernal and William D Green. View Institutional Ownership Trends for Inovalon.

Which major investors are selling Inovalon stock?

INOV stock was sold by a variety of institutional investors in the last quarter, including Senvest Management LLC, Neuberger Berman Group LLC, Renaissance Technologies LLC, AQR Capital Management LLC, JPMorgan Chase & Co., Riverbridge Partners LLC, Bank of New York Mellon Corp and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Inovalon.

Which major investors are buying Inovalon stock?

INOV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Tekla Capital Management LLC, Vanguard Group Inc., Citadel Advisors LLC, FMR LLC, MetLife Investment Advisors LLC, Oppenheimer Asset Management Inc. and Swiss National Bank. Company insiders that have bought Inovalon stock in the last two years include Jason Capitel, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis and William D Green. View Insider Buying and Selling for Inovalon.

How do I buy shares of Inovalon?

Shares of INOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Inovalon's stock price today?

One share of INOV stock can currently be purchased for approximately $13.05.

How big of a company is Inovalon?

Inovalon has a market capitalization of $1.99 billion and generates $449.36 million in revenue each year. The technology company earns $34.81 million in net income (profit) each year or $0.23 on an earnings per share basis. Inovalon employs 2,480 workers across the globe.

What is Inovalon's official website?

The official website for Inovalon is http://www.inovalon.com.

How can I contact Inovalon?

Inovalon's mailing address is 4321 COLLINGTON ROAD, BOWIE MD, 20716. The technology company can be reached via phone at 301-809-4000 or via email at [email protected]


MarketBeat Community Rating for Inovalon (NASDAQ INOV)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  498
MarketBeat's community ratings are surveys of what our community members think about Inovalon and other stocks. Vote "Outperform" if you believe INOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INOV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/9/2018 by MarketBeat.com Staff

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