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 848,000 physicians, 371,000 clinical facilities, and more than 150 million Americans.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Healthcare Information Services
  • Sub-Industry: N/A
  • Symbol: NASDAQ:INOV
  • CUSIP: N/A
  • Web: www.inovalon.com
Capitalization:
  • Market Cap: $1.98 billion
  • Outstanding Shares: 145,988,000
Average Prices:
  • 50 Day Moving Avg: $12.66
  • 200 Day Moving Avg: $12.34
  • 52 Week Range: $8.60 - $20.05
P/E:
  • Trailing P/E Ratio: 74.86
  • Foreward P/E Ratio: 37.64
  • P/E Growth: 5.60
Sales & Book Value:
  • Annual Revenue: $433.24 million
  • Price / Sales: 4.57
  • Book Value: $4.54 per share
  • Price / Book: 2.98
Profitability:
  • EBIDTA: $81.29 million
  • Net Margins: 9.37%
  • Return on Equity: 7.79%
  • Return on Assets: 5.24%
Debt:
  • Debt-to-Equity Ratio: 0.33%
  • Current Ratio: 11.86%
  • Quick Ratio: 11.86%
Misc:
  • Average Volume: 553,036 shs.
  • Beta: 1.14
  • Short Ratio: 11.79
 

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 quarterly earnings data on Wednesday, May, 3rd. The company reported $0.05 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.05. The business earned $108.31 million during the quarter, compared to the consensus estimate of $102.05 million. Inovalon Holdings had a net margin of 9.37% and a return on equity of 7.79%. View Inovalon Holdings' Earnings History.

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

Inovalon Holdings updated its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.29-0.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.30. The company issued revenue guidance of $440.5-455.0 million, compared to the consensus revenue estimate of $444.86 million.

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

10 equities research analysts have issued 1-year target prices for Inovalon Holdings' stock. Their forecasts range from $10.00 to $20.00. On average, they expect Inovalon Holdings' share price to reach $15.38 in the next twelve months. View Analyst Ratings for Inovalon Holdings.

Are investors shorting Inovalon Holdings?

Inovalon Holdings saw a decrease in short interest in the month of April. As of April 28th, there was short interest totalling 9,190,591 shares, a decrease of 1.5% from the April 13th total of 9,334,886 shares. Based on an average daily trading volume, of 391,270 shares, the short-interest ratio is presently 23.5 days.

Who are some of Inovalon Holdings' key competitors?

When did Inovalon Holdings 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 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 shareholders include Black Creek Investment Management Inc. (6.69%), Vanguard Group Inc. (3.25%), Riverbridge Partners LLC (2.17%), FMR LLC (1.73%), Neuberger Berman Group LLC (1.31%) and Parametric Portfolio Associates LLC (0.78%). Company insiders that own Inovalon Holdings stock include Christopher E Greiner, Daniel L Rizzo, Joseph R Rostock, Keith R Dunleavy, Lee D Roberts, 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 Trigran Investments Inc., Menta Capital LLC, Penn Davis Mcfarland Inc., Tocqueville Asset Management L.P., UBS Group AG, Clinton Group Inc., State of Wisconsin Investment Board and Tudor Investment Corp ET AL. Company insiders that have sold Inovalon Holdings stock in the last year include Daniel L Rizzo, 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 Neuberger Berman Group LLC, Black Creek Investment Management Inc., Parametric Portfolio Associates LLC, Prentiss Smith & Co. Inc., First Quadrant L P CA, Cowen Prime Services LLC, Goldman Sachs Group Inc. and PNC Financial Services Group Inc.. Company insiders that have bought Inovalon Holdings stock in the last two years include Keith R Dunleavy, Lee D Roberts, 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.

How much does a share of Inovalon Holdings stock cost?

One share of Inovalon Holdings stock can currently be purchased for approximately $13.55.

Analyst Ratings

Consensus Ratings for Inovalon Holdings (NASDAQ:INOV) (?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $15.38 (13.47% upside)

Analysts' Ratings History for Inovalon Holdings (NASDAQ:INOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/23/2017William BlairReiterated RatingMarket PerformN/AView Rating Details
2/13/2017Bank of America CorpDowngradeNeutral -> Underperform$10.00N/AView Rating Details
12/13/2016Wells Fargo & CoDowngradeOutperform -> 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
9/23/2016Robert W. BairdLower Price TargetNeutral$15.00 -> $14.00N/AView Rating Details
8/16/2016KeyCorpLower Price TargetOverweight$26.00 -> $20.00N/AView Rating Details
8/4/2016Citigroup IncLower Price TargetNeutral$18.00 -> $17.00N/AView Rating Details
8/4/2016Goldman Sachs Group IncDowngradeBuy -> Neutral$25.00 -> $17.00N/AView Rating Details
8/4/2016Piper Jaffray CompaniesDowngradeNeutral -> Underweight$14.00 -> $11.00N/AView Rating Details
5/8/2016Morgan StanleyReiterated RatingSell$16.00N/AView Rating Details
(Data available from 5/25/2015 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
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: $0.31
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.01$0.04$0.03
Q2 20172$0.06$0.06$0.06
Q3 20173$0.08$0.17$0.11
Q4 20173$0.07$0.20$0.12
(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: 50.71%
Institutional Ownership Percentage: 28.75%
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
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
americanbankingnews.com logoInovalon Holdings Inc (INOV) Insider Shauna L. Vernal Sells 19,332 Shares
www.americanbankingnews.com - May 24 at 8:04 PM
nasdaq.com logoVanguard Health Care Fund Buys Abbott Laboratories, Tesaro Inc, Teva Pharmaceutical Industries, ...
www.nasdaq.com - May 17 at 9:57 AM
americanbankingnews.com logoShort Interest in Inovalon Holdings Inc (INOV) Drops By 1.5%
www.americanbankingnews.com - May 12 at 7:22 AM
americanbankingnews.com logoJoseph R. Rostock Sells 104,649 Shares of Inovalon Holdings Inc (INOV) Stock
www.americanbankingnews.com - May 9 at 4:37 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 9 at 9:25 AM
americanbankingnews.com logoKeith R. Dunleavy Buys 40,000 Shares of Inovalon Holdings Inc (INOV) Stock
www.americanbankingnews.com - May 8 at 1:40 PM
americanbankingnews.com logoKeyCorp Weighs in on Inovalon Holdings Inc's FY2018 Earnings (INOV)
www.americanbankingnews.com - May 8 at 11:56 AM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Inovalon Holdings Inc Issued By William Blair (INOV)
www.americanbankingnews.com - May 8 at 8:15 AM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - May 6 at 12:36 AM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - May 6 at 12:32 AM
americanbankingnews.com logo$110.65 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter
www.americanbankingnews.com - May 5 at 3:14 PM
finance.yahoo.com logoEdited Transcript of INOV earnings conference call or presentation 3-May-17 9:00pm GMT
finance.yahoo.com - May 4 at 8:17 AM
finance.yahoo.com logoInovalon Holdings beats Street 1Q forecasts
finance.yahoo.com - May 4 at 8:17 AM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Issues FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 1:12 AM
nasdaq.com logoInvestor Network: Inovalon Holdings, Inc. to Host Earnings Call
www.nasdaq.com - May 4 at 12:46 AM
finance.yahoo.com logoInovalon Reports First Quarter 2017 Results
finance.yahoo.com - May 4 at 12:46 AM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Updates FY17 Earnings Guidance
www.americanbankingnews.com - May 3 at 9:24 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Expected to Announce Earnings of $0.03 Per Share
www.americanbankingnews.com - May 3 at 2:10 PM
americanbankingnews.com logoInovalon Holdings (INOV) Receiving Favorable News Coverage, Report Shows
www.americanbankingnews.com - May 2 at 10:34 PM
finance.yahoo.com logoInovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : April 28, 2017
finance.yahoo.com - April 28 at 6:55 PM
americanbankingnews.com logoInovalon Holdings (INOV) Earns News Sentiment Score of 0.57
www.americanbankingnews.com - April 28 at 7:44 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : April 27, 2017
finance.yahoo.com - April 27 at 6:30 PM
finance.yahoo.com logoInovalon Announces First Quarter 2017 Earnings Conference Call  
finance.yahoo.com - April 19 at 11:23 AM
americanbankingnews.com logoZacks: Brokerages Expect Inovalon Holdings Inc (INOV) Will Post Quarterly Sales of $102.05 Million
www.americanbankingnews.com - April 14 at 1:57 PM
americanbankingnews.com logoInovalon Holdings (INOV) Earns Daily Media Impact Rating of 0.23
www.americanbankingnews.com - April 14 at 12:46 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 14 at 10:41 AM
finance.yahoo.com logoInovalon Holdings, Inc. breached its 50 day moving average in a Bearish Manner : INOV-US : April 14, 2017
finance.yahoo.com - April 14 at 9:23 AM
biz.yahoo.com logoINOVALON HOLDINGS, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement, Change in Directors or Pr
biz.yahoo.com - April 3 at 5:01 PM
reuters.com logoBRIEF-Amgen enters into agreement with Inovalon and Avalere
www.reuters.com - March 29 at 6:26 PM
us.rd.yahoo.com logoAmgen Enters Into Agreement With Inovalon and Avalere to Engage Value-Based Contracting Opportunities
us.rd.yahoo.com - March 29 at 10:33 AM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Upgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - March 26 at 6:00 PM
americanbankingnews.com logoInovalon Holdings Inc (INOV) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 20 at 1:22 PM
finance.yahoo.com logoWhy Inovalon Holdings (INOV) Could Be Positioned for a Surge
finance.yahoo.com - March 15 at 6:14 PM
prnewswire.com logoResearch Reports Initiation on Healthcare Information Services ... - PR Newswire (press release)
www.prnewswire.com - March 14 at 5:06 PM
nasdaq.com logoInovalon Holdings, Inc. Announces Date of Its 2017 Annual Meeting ... - Nasdaq
www.nasdaq.com - March 14 at 5:06 PM
finance.yahoo.com logoInovalon Holdings, Inc. Announces Date of Its 2017 Annual Meeting of Stockholders
finance.yahoo.com - March 14 at 11:51 AM
finance.yahoo.com logoINOVALON HOLDINGS, INC. Financials
finance.yahoo.com - March 1 at 5:36 PM
reuters.com logoBRIEF-Inovalon Q4 non-GAAP earnings per share $0.05
www.reuters.com - February 22 at 6:10 PM
us.rd.yahoo.com logoInovalon Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - February 22 at 6:10 PM
us.rd.yahoo.com logo4:15 pm Inovalon beats by $0.02, beats on revs; guides FY17 EPS slightly below consensus, revs in-line
us.rd.yahoo.com - February 22 at 6:10 PM
biz.yahoo.com logoINOVALON HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure,
us.rd.yahoo.com - February 22 at 6:10 PM
biz.yahoo.com logoInovalon Holdings Inc Earnings Call scheduled for 5:00 pm ET today
us.rd.yahoo.com - February 22 at 6:10 PM
us.rd.yahoo.com logoInovalon downgraded by BofA/Merrill
us.rd.yahoo.com - February 13 at 11:58 PM
streetinsider.com logoForm SC 13G/A Inovalon Holdings, Inc. Filed by: VANGUARD SPECIALIZED FUNDS - StreetInsider.com
www.streetinsider.com - February 13 at 6:57 PM
streetinsider.com logoForm SC 13G/A Inovalon Holdings, Inc. Filed by: VANGUARD SPECIALIZED FUNDS
www.streetinsider.com - February 13 at 11:11 AM
finance.yahoo.com logoInovalon Announces Agreement With Boehringer Ingelheim to Support Outcome-Based Contracting
finance.yahoo.com - January 31 at 4:42 AM
bloomberg.com logoAI Firm Afiniti Said to Weigh IPO at About $2 Billion Value
www.bloomberg.com - January 24 at 6:40 PM
finance.yahoo.com logo7:56 am Inovalon announces agreement with Boehringer Ingelheim Pharmaceuticals, subsidiary of Eli Lilly (LLY)
finance.yahoo.com - January 23 at 10:51 AM

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Chart

Inovalon Holdings (INOV) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff