Inovalon 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
- Market Cap: $2.44 billion
- Outstanding Shares: 145,811,000
- 50 Day Moving Avg: $16.32
- 200 Day Moving Avg: $16.32
- 52 Week Range: $8.60 - $17.80
Sales & Book Value:
- Trailing P/E Ratio: 139.286
- Foreward P/E Ratio: 45.14
- P/E Growth: 6.490
- Annual Revenue: $419.99 million
- Price / Sales: 5.80
- Book Value: $4.49 per share
- Price / Book: 3.72
- EBIDTA: $67.35 million
- Net Margins: 4.13%
- Return on Equity: 5.17%
- Return on Assets: 3.38%
- Debt-to-Equity Ratio: 0.33%
- Current Ratio: 6.48%
- Quick Ratio: 6.48%
- 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?
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?
Some companies that are related to Inovalon Holdings include Aspen Technology (AZPN), NCR Corporation (NCR), EPAM Systems (EPAM), Medidata Solutions (MDSO), Teradata Corporation (TDC), Proofpoint (PFPT), InterXion Holding N.V. (INXN), CACI International (CACI), DST Systems (DST), Wix.com (WIX), Manhattan Associates (MANH), Black Knight Financial Services (BKFS), NetScout Systems (NTCT), Science Applications International Corporation (SAIC), ACI Worldwide (ACIW), 2U (TWOU), Verint Systems (VRNT) and Sophos Group PLC (SOPH).
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?
MarketBeat Community Rating for Inovalon Holdings (NASDAQ INOV)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.
One share of Inovalon Holdings stock can currently be purchased for approximately $16.70.
Consensus Ratings for Inovalon Holdings (NASDAQ:INOV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
(Data available from 9/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/12/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$9.00 -> $14.00||High|
|6/16/2017||Robert W. Baird||Reiterated Rating||Neutral||$11.00 -> $12.00||Low|
|2/23/2017||William Blair||Reiterated Rating||Market Perform||N/A|
|2/13/2017||Bank of America Corporation||Downgrade||Neutral -> Underperform||$10.00||N/A|
|12/13/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|12/4/2016||Pacific Crest||Set Price Target||Buy||$20.00||N/A|
|10/24/2016||First Analysis||Initiated Coverage||Equal -> Equal Weight||$14.00||N/A|
|8/4/2016||Citigroup Inc.||Lower Price Target||Neutral||$18.00 -> $17.00||N/A|
|8/4/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$25.00 -> $17.00||N/A|
|8/4/2016||Piper Jaffray Companies||Downgrade||Neutral -> Underweight||$14.00 -> $11.00||N/A|
Earnings History for Inovalon Holdings (NASDAQ:INOV)Earnings History by Quarter for Inovalon Holdings (NASDAQ INOV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.07||$0.08||$108.73 million||$110.60 million||View||Listen|
|5/3/2017||Q1 2017||$0.05||$0.05||$102.05 million||$108.31 million||View||Listen|
|2/22/2017||Q4 2016||$0.03||$0.05||$95.10 million||$96.09 million||View||Listen|
|11/2/2016||Q316||$0.06||$0.10||$102.38 million||$105.01 million||View||Listen|
|8/3/2016||Q2||$0.14||$0.14||$126.86 million||$123.80 million||View||Listen|
|5/4/2016||Q116||$0.08||$0.05||$97.96 million||$102.70 million||View||N/A|
|2/25/2016||Q4||$0.13||$0.13||$125.40 million||$120.60 million||View||Listen|
|11/4/2015||Q315||$0.09||$0.09||$102.76 million||$105.46 million||View||N/A|
|8/5/2015||Q215||$0.18||$0.17||$122.06 million||$117.62 million||View||Listen|
|5/6/2015||Q115||$0.09||$0.11||$91.00 million||$93.60 million||View||Listen|
|3/25/2015||Q414||$0.11||$0.11||$89.20 million||$89.90 million||View||N/A|
Earnings Estimates for Inovalon Holdings (NASDAQ:INOV)
2017 EPS Consensus Estimate: $0.24
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Inovalon Holdings (NASDAQ:INOV)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Inovalon Holdings (NASDAQ:INOV)
Insider Ownership Percentage: 48.28%Insider Trades by Quarter for Inovalon Holdings (NASDAQ:INOV)
Institutional Ownership Percentage: 28.67%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/13/2017||Keith R Dunleavy||CEO||Buy||62,000||$16.38||$1,015,560.00|| |
|5/24/2017||Shauna L Vernal||Insider||Sell||19,332||$13.60||$262,915.20|| |
|5/8/2017||Joseph R Rostock||Insider||Sell||104,649||$13.07||$1,367,762.43|| |
|5/5/2017||Keith R Dunleavy||CEO||Buy||40,000||$12.98||$519,200.00|| |
|12/16/2016||Robert A Wychulis||President||Buy||1,675||$9.29||$15,560.75|| |
|12/16/2016||William D Green||Director||Buy||30,000||$9.29||$278,700.00|| |
|12/14/2016||Keith R Dunleavy||CEO||Buy||100,000||$9.21||$921,000.00|| |
|11/11/2016||Thomas R Kloster||CFO||Sell||109,899||$15.53||$1,706,731.47|| |
|9/16/2016||William D Green||Director||Buy||30,000||$16.22||$486,600.00|| |
|9/8/2016||William J Teuber Jr||Director||Buy||60,000||$16.46||$987,600.00|| |
|7/12/2016||Daniel L Rizzo||Insider||Sell||43,577||$20.02||$872,411.54|| |
|5/9/2016||Keith R Dunleavy||CEO||Buy||30,000||$16.68||$500,400.00|| |
|3/4/2016||Robert A Wychulis||President||Sell||33,003||$18.17||$599,664.51|| |
|12/9/2015||Daniel L Rizzo||Insider||Sell||24,000||$20.00||$480,000.00|| |
|12/4/2015||Shauna L. Vernal||insider||Sell||33,437||$18.55||$620,256.35|| |
|8/28/2015||Christopher E. Greiner||COO||Sell||124,813||$21.20||$2,646,035.60|| |
|8/28/2015||Keith R. Dunleavy||CEO||Buy||50,000||$21.30||$1,065,000.00|| |
|8/27/2015||Lee D. Roberts||Director||Buy||24,000||$21.05||$505,200.00|| |
|2/18/2015||Shauna L Vernal||Insider||Buy||10,000||$27.00||$270,000.00|| |
Headline Trends for Inovalon Holdings (NASDAQ:INOV)
Latest Headlines for Inovalon Holdings (NASDAQ:INOV)
|Inovalon Announces Agreement with Daiichi Sankyo, Inc. to Support Outcomes-Based Contracting|
finance.yahoo.com - September 22 at 1:44 PM
|Inovalon Holdings, Inc. to Post Q3 2017 Earnings of $0.08 Per Share, KeyCorp Forecasts (INOV)|
www.americanbankingnews.com - September 15 at 7:20 AM
|$115.00 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter|
www.americanbankingnews.com - September 15 at 7:10 AM
|Inovalon Holdings, Inc. (INOV) CEO Buys $1,015,560.00 in Stock|
www.americanbankingnews.com - September 14 at 10:25 AM
|Inovalon Holdings, Inc.: Gathering momentum, can it sustain its performance?|
finance.yahoo.com - September 14 at 6:29 AM
|Inovalon Holdings, Inc. (INOV) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - September 13 at 10:36 AM
|Inovalon Holdings Inc. (INOV) Is Up Sharply On UnitedHealthcare News|
www.nasdaq.com - September 13 at 3:13 AM
|Inovalon Holdings' (INOV) Hold Rating Reiterated at KeyCorp|
www.americanbankingnews.com - September 12 at 10:39 PM
|Inovalon Holdings Inc (INOV) Raised to "Hold" at ValuEngine|
www.americanbankingnews.com - September 7 at 12:22 AM
|Inovalon to Participate at Annual Morgan Stanley and Bank of America Merrill Lynch Healthcare Conferences|
www.nasdaq.com - September 6 at 7:49 PM
|Inovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : September 1, 2017|
finance.yahoo.com - September 1 at 12:56 AM
|Inovalon 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
|Zacks: Analysts Anticipate Inovalon Holdings, Inc. (INOV) Will Announce Quarterly Sales of $115.00 Million|
www.americanbankingnews.com - August 27 at 2:50 AM
| Brokerages Expect Inovalon Holdings, Inc. (INOV) to Post $0.08 EPS|
www.americanbankingnews.com - August 25 at 10:04 PM
|Inovalon Holdings, Inc. (INOV) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - August 19 at 10:50 AM
|Inovalon 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
|See what the IHS Markit Score report has to say about Inovalon Holdings Inc.|
finance.yahoo.com - August 14 at 10:47 PM
|Inovalon Holdings, Inc. (NASDAQ:INOV) Lowered to Hold at BidaskClub|
www.americanbankingnews.com - August 13 at 10:04 AM
|Inovalon Holdings Inc|
finance.yahoo.com - August 11 at 4:11 AM
|IHS 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
|$114.50 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter|
www.americanbankingnews.com - August 9 at 7:24 AM
|Inovalon 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
|Inovalon Holdings, Inc. Forecasted to Earn Q2 2018 Earnings of $0.10 Per Share (NASDAQ:INOV)|
www.americanbankingnews.com - August 8 at 11:08 AM
|$0.07 Earnings Per Share Expected for Inovalon Holdings, Inc. (NASDAQ:INOV) This Quarter|
www.americanbankingnews.com - August 7 at 12:12 PM
|Inovalon Holdings, Inc. Forecasted to Post Q3 2017 Earnings of $0.07 Per Share (NASDAQ:INOV)|
www.americanbankingnews.com - August 7 at 7:40 AM
|Inovalon 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
|Edited Transcript of INOV earnings conference call or presentation 2-Aug-17 9:00pm GMT|
finance.yahoo.com - August 3 at 8:03 PM
|Inovalon Holdings beats Street 2Q forecasts|
finance.yahoo.com - August 3 at 8:03 PM
|Inovalon Holdings, Inc. (NASDAQ:INOV) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - August 3 at 12:44 AM
|BRIEF-Inovalon Holdings Q2 EPS $0.04|
www.reuters.com - August 2 at 11:33 PM
|Inovalon Reports Second Quarter 2017 Results|
finance.yahoo.com - August 2 at 11:33 PM
|Inovalon Holdings, Inc. (NASDAQ:INOV) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - August 2 at 6:46 PM
|Inovalon Holdings, Inc. (NASDAQ:INOV) Receives Average Rating of "Hold" from Brokerages|
www.americanbankingnews.com - July 25 at 11:11 AM
|Inovalon Holdings, Inc. (NASDAQ:INOV) Expected to Post Quarterly Sales of $109.35 Million|
www.americanbankingnews.com - July 20 at 1:28 PM
|Inovalon Announces Second Quarter 2017 Earnings Conference Call|
finance.yahoo.com - July 19 at 10:15 PM
|Harwood Feffer LLP Announces Investigation of Inovalon Holdings, Inc.|
finance.yahoo.com - July 18 at 10:35 PM
|Inovalon Holdings, Inc. (INOV) Expected to Announce Earnings of $0.06 Per Share|
www.americanbankingnews.com - July 18 at 12:13 PM
|National Health Plans Select Inovalon’s Integrated Platform|
finance.yahoo.com - July 18 at 2:21 AM
|Inovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : July 7, 2017|
finance.yahoo.com - July 8 at 11:46 AM
|Inovalon 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
|Inovalon Holdings, Inc. (INOV) Given Consensus Rating of "Hold" by Analysts|
www.americanbankingnews.com - June 30 at 12:16 PM
|$109.35 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter|
www.americanbankingnews.com - June 24 at 10:40 AM
|Inovalon 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
| Analysts Expect Inovalon Holdings, Inc. (INOV) to Post $0.06 EPS|
www.americanbankingnews.com - June 22 at 8:16 AM
|Robert W. Baird Reiterates Neutral Rating for Inovalon Holdings, Inc. (INOV)|
www.americanbankingnews.com - June 16 at 7:00 PM
|ETFs with exposure to Inovalon Holdings, Inc. : June 13, 2017|
finance.yahoo.com - June 13 at 5:44 PM
|Bowie health tech firm Inovalon to lay off 113 employees|
finance.yahoo.com - June 13 at 5:44 PM
|Inovalon Holdings Inc (INOV) Upgraded by BidaskClub to Strong-Buy|
www.americanbankingnews.com - June 10 at 7:58 PM
|Haeggquist & 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
|Commit To Purchase Inovalon Holdings At $12.50, Earn 14.9% Annualized Using Options|
www.nasdaq.com - June 8 at 6:52 PM
Inovalon Holdings (INOV) Chart for Friday, September, 22, 2017