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

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$11.15 +0.25 (+2.29 %)
(As of 09/21/2018 03:44 AM ET)
Previous Close$10.90
Today's Range$10.90 - $11.30
52-Week Range$8.90 - $17.70
Volume483,100 shs
Average Volume546,072 shs
Market Capitalization$1.63 billion
P/E Ratio48.48
Dividend YieldN/A
Beta1.1
Inovalon logoInovalon 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
SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000

Debt

Debt-to-Equity Ratio1.38
Current Ratio1.95
Quick Ratio1.95

Price-To-Earnings

Trailing P/E Ratio48.48
Forward P/E Ratio39.82
P/E Growth2.7

Sales & Book Value

Annual Sales$449.36 million
Price / Sales3.79
Cash Flow$0.6289 per share
Price / Cash17.73
Book Value$4.47 per share
Price / Book2.49

Profitability

EPS (Most Recent Fiscal Year)$0.23
Net Income$34.81 million
Net Margins-0.40%
Return on Equity3.69%
Return on Assets1.98%

Miscellaneous

Employees2,480
Outstanding Shares152,660,000
Market Cap$1.63 billion

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) announced its earnings results on Wednesday, August, 1st. The technology company reported $0.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.08. The technology company had revenue of $152.80 million for the quarter, compared to the consensus estimate of $147.09 million. Inovalon had a positive return on equity of 3.69% and a negative net margin of 0.40%. The business's quarterly revenue was up 38.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.08 EPS. View Inovalon's Earnings History.

When is Inovalon's next earnings date?

Inovalon is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Inovalon.

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

Inovalon updated its FY18 earnings guidance on Wednesday, August, 1st. The company provided EPS guidance of $0.34-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.33. The company issued revenue guidance of $568-593 million, compared to the consensus revenue estimate of $564.11 million.

What price target have analysts set for INOV?

2 brokerages have issued 1 year target prices for Inovalon's shares. Their predictions range from $10.00 to $14.00. On average, they expect Inovalon's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price. 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.

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 (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 served as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.

Has Inovalon been receiving favorable news coverage?

Media stories about INOV stock have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Inovalon earned a daily sentiment score of 0.18 on Accern's scale. They also gave press coverage about the technology company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Inovalon.

Who are Inovalon's major shareholders?

Inovalon's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (3.13%), BlackRock Inc. (3.10%), Summit Partners L P (2.29%), Riverbridge Partners LLC (0.66%), Northern Trust Corp (0.60%) and Bank of New York Mellon Corp (0.50%). Company insiders that own Inovalon stock include Joseph R Rostock, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis, Shauna L Vernal, Thomas R Kloster 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 Riverbridge Partners LLC, Algert Global LLC, Bank of America Corp DE, Citadel Advisors LLC, Envestnet Asset Management Inc., Bank of New York Mellon Corp, Bank of New York Mellon Corp and Engineers Gate Manager LP. Company insiders that have sold Inovalon company stock in the last year include Robert A Wychulis and Shauna L Vernal. View Insider Buying and Selling for Inovalon.

Which major investors are buying Inovalon stock?

INOV stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Summit Partners L P, BlackRock Inc., HarbourVest Partners LLC, United Services Automobile Association, Cowen Prime Services LLC, Sandy Spring Bank and Northern Trust Corp. Company insiders that have bought Inovalon stock in the last two years include 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 $11.15.

How big of a company is Inovalon?

Inovalon has a market capitalization of $1.63 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.

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:  203 (Vote Outperform)
Underperform Votes:  259 (Vote Underperform)
Total Votes:  462
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 9/21/2018 by MarketBeat.com Staff

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