Inovalon Holdings Company Profile (NASDAQ:INOV)

About Inovalon Holdings (NASDAQ:INOV)

Inovalon Holdings logoInovalon Holdings, Inc. (Inovalon) is a technology company. The Company provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models to the healthcare industry. Leveraging large-scale data interconnectivity capabilities, unparalleled proprietary data sets, advanced analytics, data-driven intervention systems, and subject matter expertise, Inovalon enables the assessment and improvement of clinical and quality outcomes and financial performance across the healthcare ecosystem. The Company serves clients across the healthcare industry, which includes health plans and provider organizations, pharmaceutical, medical device, and diagnostics companies. It provides technology that supports approximately 500 healthcare organizations. Inovalon's platforms are informed by data pertaining to more than 856,000 physicians, 375,000 clinical facilities, and more than 158 million Americans.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting
  • Sub-Industry: N/A
  • Symbol: NASDAQ:INOV
  • CUSIP: N/A
  • Web: www.inovalon.com
Capitalization:
  • Market Cap: $2.44 billion
  • Outstanding Shares: 145,811,000
Average Prices:
  • 50 Day Moving Avg: $16.32
  • 200 Day Moving Avg: $16.32
  • 52 Week Range: $8.60 - $17.80
P/E:
  • Trailing P/E Ratio: 139.286
  • Foreward P/E Ratio: 45.14
  • P/E Growth: 6.490
Sales & Book Value:
  • Annual Revenue: $419.99 million
  • Price / Sales: 5.80
  • Book Value: $4.49 per share
  • Price / Book: 3.72
Profitability:
  • EBIDTA: $67.35 million
  • Net Margins: 4.13%
  • Return on Equity: 5.17%
  • Return on Assets: 3.38%
Debt:
  • Debt-to-Equity Ratio: 0.33%
  • Current Ratio: 6.48%
  • Quick Ratio: 6.48%
Misc:
  • Average Volume: 1.26 million shs.
  • Beta: 1.17
  • Short Ratio: 20.13
 

Frequently Asked Questions for Inovalon Holdings (NASDAQ:INOV)

What is Inovalon Holdings' stock symbol?

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

How were Inovalon Holdings' earnings last quarter?

Inovalon Holdings, Inc. (NASDAQ:INOV) posted its earnings results on Wednesday, August, 2nd. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The company earned $110.60 million during the quarter, compared to analysts' expectations of $108.73 million. Inovalon Holdings had a return on equity of 5.17% and a net margin of 4.13%. The firm's quarterly revenue was down 10.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 earnings per share. View Inovalon Holdings' Earnings History.

When will Inovalon Holdings make its next earnings announcement?

Inovalon Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Inovalon Holdings.

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

Inovalon Holdings issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $0.29-$0.32 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.30. The company issued revenue guidance of $447.1-$459.3 million, compared to the consensus revenue estimate of $445.79 million.

Where is Inovalon Holdings' stock going? Where will Inovalon Holdings' stock price be in 2017?

8 equities research analysts have issued 1 year price targets for Inovalon Holdings' stock. Their predictions range from $10.00 to $20.00. On average, they anticipate Inovalon Holdings' stock price to reach $14.00 in the next twelve months. View Analyst Ratings for Inovalon Holdings.

Who are some of Inovalon Holdings' key competitors?

Who are Inovalon Holdings' key executives?

Inovalon Holdings' management team includes the folowing people:

  • Keith R. Dunleavy M.D., Chairman of the Board, Chief Executive Officer
  • Robert A. Wychulis, President
  • Christopher E. Greiner, Chief Financial Officer, Chief Operating Officer
  • Daniel N. Mendelson, President of Avalere Health
  • Christopher Hand, Chief Growth Officer
  • Shauna L. Vernal, Chief Legal Officer, Corporate Secretary
  • Denise K. Fletcher, Independent Director
  • William D. Green, Independent Director
  • Andre S. Hoffmann, Independent Director
  • Lee D. Roberts, Independent Director

When did Inovalon Holdings IPO?

(INOV) raised $500 million in an IPO 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 acted as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.

Who owns Inovalon Holdings stock?

Inovalon Holdings' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Black Creek Investment Management Inc. (17.26%), Vanguard Group Inc. (3.48%), Bamco Inc. NY (5.47%), Riverbridge Partners LLC (4.97%), Neuberger Berman Group LLC (1.33%) and State Street Corp (1.82%). Company insiders that own Inovalon Holdings stock include Daniel L Rizzo, Joseph R Rostock, Keith R Dunleavy, Robert A Wychulis, Shauna L Vernal, Thomas R Kloster, William D Green and William J Teuber Jr. View Institutional Ownership Trends for Inovalon Holdings.

Who sold Inovalon Holdings stock? Who is selling Inovalon Holdings stock?

Inovalon Holdings' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bamco Inc. NY, Parametric Portfolio Associates LLC, First Quadrant L P CA, Adirondack Research & Management Inc., Riverbridge Partners LLC, New York State Common Retirement Fund and Neuberger Berman Group LLC. Company insiders that have sold Inovalon Holdings stock in the last year include Joseph R Rostock, Shauna L Vernal and Thomas R Kloster. View Insider Buying and Selling for Inovalon Holdings.

Who bought Inovalon Holdings stock? Who is buying Inovalon Holdings stock?

Inovalon Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., State Street Corp, Koch Industries Inc., Vanguard Group Inc., Schwab Charles Investment Management Inc., Senvest Management LLC, GSA Capital Partners LLP and Alliancebernstein L.P.. Company insiders that have bought Inovalon Holdings stock in the last two years include Keith R Dunleavy, Robert A Wychulis, William D Green and William J Teuber Jr. View Insider Buying and Selling for Inovalon Holdings.

How do I buy Inovalon Holdings stock?

Shares of Inovalon Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Inovalon Holdings' stock price today?

One share of Inovalon Holdings stock can currently be purchased for approximately $16.70.


MarketBeat Community Rating for Inovalon Holdings (NASDAQ INOV)
Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  252
MarketBeat's community ratings are surveys of what our community members think about Inovalon Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Inovalon Holdings (NASDAQ:INOV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $14.00 (16.17% downside)

Analysts' Ratings History for Inovalon Holdings (NASDAQ:INOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017KeyCorpReiterated RatingHoldHighView Rating Details
9/12/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$9.00 -> $14.00HighView Rating Details
6/16/2017Robert W. BairdReiterated RatingNeutral$11.00 -> $12.00LowView Rating Details
2/23/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
2/13/2017Bank of America CorporationDowngradeNeutral -> Underperform$10.00N/AView Rating Details
12/13/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
12/4/2016Pacific CrestSet Price TargetBuy$20.00N/AView Rating Details
10/24/2016First AnalysisInitiated CoverageEqual -> Equal Weight$14.00N/AView Rating Details
8/4/2016Citigroup Inc.Lower Price TargetNeutral$18.00 -> $17.00N/AView Rating Details
8/4/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$25.00 -> $17.00N/AView Rating Details
8/4/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$14.00 -> $11.00N/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Inovalon Holdings (NASDAQ:INOV)
Earnings by Quarter for Inovalon Holdings (NASDAQ:INOV)
Earnings History by Quarter for Inovalon Holdings (NASDAQ INOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017N/AView Earnings Details
8/2/2017Q2 2017$0.07$0.08$108.73 million$110.60 millionViewListenView Earnings Details
5/3/2017Q1 2017$0.05$0.05$102.05 million$108.31 millionViewListenView Earnings Details
2/22/2017Q4 2016$0.03$0.05$95.10 million$96.09 millionViewListenView Earnings Details
11/2/2016Q316$0.06$0.10$102.38 million$105.01 millionViewListenView Earnings Details
8/3/2016Q2$0.14$0.14$126.86 million$123.80 millionViewListenView Earnings Details
5/4/2016Q116$0.08$0.05$97.96 million$102.70 millionViewN/AView Earnings Details
2/25/2016Q4$0.13$0.13$125.40 million$120.60 millionViewListenView Earnings Details
11/4/2015Q315$0.09$0.09$102.76 million$105.46 millionViewN/AView Earnings Details
8/5/2015Q215$0.18$0.17$122.06 million$117.62 millionViewListenView Earnings Details
5/6/2015Q115$0.09$0.11$91.00 million$93.60 millionViewListenView Earnings Details
3/25/2015Q414$0.11$0.11$89.20 million$89.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Inovalon Holdings (NASDAQ:INOV)
2017 EPS Consensus Estimate: $0.24
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.01$0.04$0.03
Q2 20172$0.06$0.06$0.06
Q3 20173$0.07$0.08$0.08
Q4 20173$0.07$0.08$0.08
Q2 20181$0.10$0.10$0.10
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Inovalon Holdings (NASDAQ:INOV)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Inovalon Holdings (NASDAQ:INOV)
Insider Ownership Percentage: 48.28%
Institutional Ownership Percentage: 28.67%
Insider Trades by Quarter for Inovalon Holdings (NASDAQ:INOV)
Institutional Ownership by Quarter for Inovalon Holdings (NASDAQ:INOV)
Insider Trades by Quarter for Inovalon Holdings (NASDAQ:INOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/13/2017Keith R DunleavyCEOBuy62,000$16.38$1,015,560.00View SEC Filing  
5/24/2017Shauna L VernalInsiderSell19,332$13.60$262,915.20View SEC Filing  
5/8/2017Joseph R RostockInsiderSell104,649$13.07$1,367,762.43View SEC Filing  
5/5/2017Keith R DunleavyCEOBuy40,000$12.98$519,200.00View SEC Filing  
12/16/2016Robert A WychulisPresidentBuy1,675$9.29$15,560.75View SEC Filing  
12/16/2016William D GreenDirectorBuy30,000$9.29$278,700.00View SEC Filing  
12/14/2016Keith R DunleavyCEOBuy100,000$9.21$921,000.00View SEC Filing  
11/11/2016Thomas R KlosterCFOSell109,899$15.53$1,706,731.47View SEC Filing  
9/16/2016William D GreenDirectorBuy30,000$16.22$486,600.00View SEC Filing  
9/8/2016William J Teuber JrDirectorBuy60,000$16.46$987,600.00View SEC Filing  
7/12/2016Daniel L RizzoInsiderSell43,577$20.02$872,411.54View SEC Filing  
5/9/2016Keith R DunleavyCEOBuy30,000$16.68$500,400.00View SEC Filing  
3/4/2016Robert A WychulisPresidentSell33,003$18.17$599,664.51View SEC Filing  
12/9/2015Daniel L RizzoInsiderSell24,000$20.00$480,000.00View SEC Filing  
12/4/2015Shauna L. VernalinsiderSell33,437$18.55$620,256.35View SEC Filing  
8/28/2015Christopher E. GreinerCOOSell124,813$21.20$2,646,035.60View SEC Filing  
8/28/2015Keith R. DunleavyCEOBuy50,000$21.30$1,065,000.00View SEC Filing  
8/27/2015Lee D. RobertsDirectorBuy24,000$21.05$505,200.00View SEC Filing  
2/18/2015Shauna L VernalInsiderBuy10,000$27.00$270,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Inovalon Holdings (NASDAQ:INOV)
Latest Headlines for Inovalon Holdings (NASDAQ:INOV)
Source:
DateHeadline
finance.yahoo.com logoInovalon Announces Agreement with Daiichi Sankyo, Inc. to Support Outcomes-Based Contracting
finance.yahoo.com - September 22 at 1:44 PM
americanbankingnews.com logoInovalon Holdings, Inc. to Post Q3 2017 Earnings of $0.08 Per Share, KeyCorp Forecasts (INOV)
www.americanbankingnews.com - September 15 at 7:20 AM
americanbankingnews.com logo$115.00 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter
www.americanbankingnews.com - September 15 at 7:10 AM
americanbankingnews.com logoInovalon Holdings, Inc. (INOV) CEO Buys $1,015,560.00 in Stock
www.americanbankingnews.com - September 14 at 10:25 AM
finance.yahoo.com logoInovalon Holdings, Inc.: Gathering momentum, can it sustain its performance?
finance.yahoo.com - September 14 at 6:29 AM
americanbankingnews.com logoInovalon Holdings, Inc. (INOV) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 10:36 AM
nasdaq.com logoInovalon Holdings Inc. (INOV) Is Up Sharply On UnitedHealthcare News
www.nasdaq.com - September 13 at 3:13 AM
americanbankingnews.com logoInovalon Holdings' (INOV) Hold Rating Reiterated at KeyCorp
www.americanbankingnews.com - September 12 at 10:39 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Raised to "Hold" at ValuEngine
www.americanbankingnews.com - September 7 at 12:22 AM
nasdaq.com logoInovalon to Participate at Annual Morgan Stanley and Bank of America Merrill Lynch Healthcare Conferences
www.nasdaq.com - September 6 at 7:49 PM
finance.yahoo.com logoInovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : September 1, 2017
finance.yahoo.com - September 1 at 12:56 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : August 28, 2017
finance.yahoo.com - August 28 at 7:29 PM
americanbankingnews.com logoZacks: Analysts Anticipate Inovalon Holdings, Inc. (INOV) Will Announce Quarterly Sales of $115.00 Million
www.americanbankingnews.com - August 27 at 2:50 AM
americanbankingnews.com logo Brokerages Expect Inovalon Holdings, Inc. (INOV) to Post $0.08 EPS
www.americanbankingnews.com - August 25 at 10:04 PM
americanbankingnews.com logoInovalon Holdings, Inc. (INOV) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 19 at 10:50 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : August 15, 2017
finance.yahoo.com - August 16 at 1:30 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Inovalon Holdings Inc.
finance.yahoo.com - August 14 at 10:47 PM
americanbankingnews.com logoInovalon Holdings, Inc. (NASDAQ:INOV) Lowered to Hold at BidaskClub
www.americanbankingnews.com - August 13 at 10:04 AM
finance.yahoo.com logoInovalon Holdings Inc
finance.yahoo.com - August 11 at 4:11 AM
finance.yahoo.com logoIHS Markit Score downgrades Inovalon Holdings Inc to 32 out of 100, ranking negatively in one out of three available IHS Markit categories.
finance.yahoo.com - August 11 at 4:11 AM
americanbankingnews.com logo$114.50 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter
www.americanbankingnews.com - August 9 at 7:24 AM
finance.yahoo.com logoInovalon Certified by CMS, Receiving Fee-For-Service Medicare Data for All 50 States and the District of Columbia
finance.yahoo.com - August 8 at 7:34 PM
americanbankingnews.com logoInovalon Holdings, Inc. Forecasted to Earn Q2 2018 Earnings of $0.10 Per Share (NASDAQ:INOV)
www.americanbankingnews.com - August 8 at 11:08 AM
americanbankingnews.com logo$0.07 Earnings Per Share Expected for Inovalon Holdings, Inc. (NASDAQ:INOV) This Quarter
www.americanbankingnews.com - August 7 at 12:12 PM
americanbankingnews.com logoInovalon Holdings, Inc. Forecasted to Post Q3 2017 Earnings of $0.07 Per Share (NASDAQ:INOV)
www.americanbankingnews.com - August 7 at 7:40 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : August 4, 2017
finance.yahoo.com - August 4 at 8:09 PM
finance.yahoo.com logoEdited Transcript of INOV earnings conference call or presentation 2-Aug-17 9:00pm GMT
finance.yahoo.com - August 3 at 8:03 PM
finance.yahoo.com logoInovalon Holdings beats Street 2Q forecasts
finance.yahoo.com - August 3 at 8:03 PM
americanbankingnews.com logoInovalon Holdings, Inc. (NASDAQ:INOV) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - August 3 at 12:44 AM
reuters.com logoBRIEF-Inovalon Holdings Q2 EPS $0.04
www.reuters.com - August 2 at 11:33 PM
finance.yahoo.com logoInovalon Reports Second Quarter 2017 Results
finance.yahoo.com - August 2 at 11:33 PM
americanbankingnews.com logoInovalon Holdings, Inc. (NASDAQ:INOV) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 2 at 6:46 PM
americanbankingnews.com logoInovalon Holdings, Inc. (NASDAQ:INOV) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - July 25 at 11:11 AM
americanbankingnews.com logoInovalon Holdings, Inc. (NASDAQ:INOV) Expected to Post Quarterly Sales of $109.35 Million
www.americanbankingnews.com - July 20 at 1:28 PM
finance.yahoo.com logoInovalon Announces Second Quarter 2017 Earnings Conference Call
finance.yahoo.com - July 19 at 10:15 PM
finance.yahoo.com logoHarwood Feffer LLP Announces Investigation of Inovalon Holdings, Inc.
finance.yahoo.com - July 18 at 10:35 PM
americanbankingnews.com logoInovalon Holdings, Inc. (INOV) Expected to Announce Earnings of $0.06 Per Share
www.americanbankingnews.com - July 18 at 12:13 PM
finance.yahoo.com logoNational Health Plans Select Inovalon’s Integrated Platform
finance.yahoo.com - July 18 at 2:21 AM
finance.yahoo.com logoInovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : July 7, 2017
finance.yahoo.com - July 8 at 11:46 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : July 6, 2017
finance.yahoo.com - July 7 at 6:28 AM
americanbankingnews.com logoInovalon Holdings, Inc. (INOV) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - June 30 at 12:16 PM
americanbankingnews.com logo$109.35 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter
www.americanbankingnews.com - June 24 at 10:40 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bearish Manner : INOV-US : June 22, 2017
finance.yahoo.com - June 22 at 1:10 PM
americanbankingnews.com logo Analysts Expect Inovalon Holdings, Inc. (INOV) to Post $0.06 EPS
www.americanbankingnews.com - June 22 at 8:16 AM
americanbankingnews.com logoRobert W. Baird Reiterates Neutral Rating for Inovalon Holdings, Inc. (INOV)
www.americanbankingnews.com - June 16 at 7:00 PM
finance.yahoo.com logoETFs with exposure to Inovalon Holdings, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 5:44 PM
finance.yahoo.com logoBowie health tech firm Inovalon to lay off 113 employees
finance.yahoo.com - June 13 at 5:44 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Upgraded by BidaskClub to Strong-Buy
www.americanbankingnews.com - June 10 at 7:58 PM
finance.yahoo.com logoHaeggquist & Eck, LLP Announces Investigation Concerning Inovalon Holdings, Inc. Regarding Potential Breaches of Fiduciary Duty by Executives
finance.yahoo.com - June 9 at 9:38 AM
nasdaq.com logoCommit To Purchase Inovalon Holdings At $12.50, Earn 14.9% Annualized Using Options
www.nasdaq.com - June 8 at 6:52 PM

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Chart

Inovalon Holdings (INOV) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff