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 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
- Market Cap: $1.98 billion
- Outstanding Shares: 145,988,000
- 50 Day Moving Avg: $12.66
- 200 Day Moving Avg: $12.34
- 52 Week Range: $8.60 - $20.05
Sales & Book Value:
- Trailing P/E Ratio: 74.86
- Foreward P/E Ratio: 37.64
- P/E Growth: 5.60
- Annual Revenue: $433.24 million
- Price / Sales: 4.57
- Book Value: $4.54 per share
- Price / Book: 2.98
- EBIDTA: $81.29 million
- Net Margins: 9.37%
- Return on Equity: 7.79%
- Return on Assets: 5.24%
- Debt-to-Equity Ratio: 0.33%
- Current Ratio: 11.86%
- Quick Ratio: 11.86%
- 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?
Some companies that are related to Inovalon Holdings include Healthequity (HQY), WebMD Health Corp. (WBMD), Premier (PINC), Teladoc (TDOC), Omnicell (OMCL), Evolent Health (EVH), Quality Systems (QSII), HealthStream (HSTM), Merge Healthcare (MRGE), Computer Programs & Systems (CPSI), Streamline Health Solutions (STRM), Medical Transcription Billing Corp (MTBC), Everyday Health (EVDY), Imprivata (IMPR) and MedAssets (MDAS).
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.
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|
|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: $0.31
(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: 50.71%Insider Trades by Quarter for Inovalon Holdings (NASDAQ:INOV)
Institutional Ownership Percentage: 28.75%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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 Holdings Inc (INOV) Insider Shauna L. Vernal Sells 19,332 Shares|
www.americanbankingnews.com - May 24 at 8:04 PM
|Vanguard Health Care Fund Buys Abbott Laboratories, Tesaro Inc, Teva Pharmaceutical Industries, ...|
www.nasdaq.com - May 17 at 9:57 AM
|Short Interest in Inovalon Holdings Inc (INOV) Drops By 1.5%|
www.americanbankingnews.com - May 12 at 7:22 AM
|Joseph R. Rostock Sells 104,649 Shares of Inovalon Holdings Inc (INOV) Stock|
www.americanbankingnews.com - May 9 at 4:37 PM
|Inovalon Holdings Inc (INOV) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - May 9 at 9:25 AM
|Keith R. Dunleavy Buys 40,000 Shares of Inovalon Holdings Inc (INOV) Stock|
www.americanbankingnews.com - May 8 at 1:40 PM
|KeyCorp Weighs in on Inovalon Holdings Inc's FY2018 Earnings (INOV)|
www.americanbankingnews.com - May 8 at 11:56 AM
|Q2 2017 Earnings Forecast for Inovalon Holdings Inc Issued By William Blair (INOV)|
www.americanbankingnews.com - May 8 at 8:15 AM
|Inovalon Holdings Inc (INOV) Downgraded by Zacks Investment Research to "Hold"|
www.americanbankingnews.com - May 6 at 12:36 AM
|Inovalon Holdings Inc (INOV) Downgraded to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 6 at 12:32 AM
|$110.65 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter|
www.americanbankingnews.com - May 5 at 3:14 PM
|Edited Transcript of INOV earnings conference call or presentation 3-May-17 9:00pm GMT|
finance.yahoo.com - May 4 at 8:17 AM
|Inovalon Holdings beats Street 1Q forecasts|
finance.yahoo.com - May 4 at 8:17 AM
|Inovalon Holdings Inc (INOV) Issues FY17 Earnings Guidance|
www.americanbankingnews.com - May 4 at 1:12 AM
|Investor Network: Inovalon Holdings, Inc. to Host Earnings Call|
www.nasdaq.com - May 4 at 12:46 AM
|Inovalon Reports First Quarter 2017 Results|
finance.yahoo.com - May 4 at 12:46 AM
|Inovalon Holdings Inc (INOV) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - May 3 at 9:24 PM
|Inovalon Holdings Inc (INOV) Expected to Announce Earnings of $0.03 Per Share|
www.americanbankingnews.com - May 3 at 2:10 PM
|Inovalon Holdings (INOV) Receiving Favorable News Coverage, Report Shows|
www.americanbankingnews.com - May 2 at 10:34 PM
|Inovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : April 28, 2017|
finance.yahoo.com - April 28 at 6:55 PM
|Inovalon Holdings (INOV) Earns News Sentiment Score of 0.57|
www.americanbankingnews.com - April 28 at 7:44 AM
|Inovalon 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
|Inovalon Announces First Quarter 2017 Earnings Conference Call |
finance.yahoo.com - April 19 at 11:23 AM
|Zacks: Brokerages Expect Inovalon Holdings Inc (INOV) Will Post Quarterly Sales of $102.05 Million|
www.americanbankingnews.com - April 14 at 1:57 PM
|Inovalon Holdings (INOV) Earns Daily Media Impact Rating of 0.23|
www.americanbankingnews.com - April 14 at 12:46 PM
|Inovalon Holdings Inc (INOV) Given Consensus Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - April 14 at 10:41 AM
|Inovalon 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
|INOVALON 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
|BRIEF-Amgen enters into agreement with Inovalon and Avalere|
www.reuters.com - March 29 at 6:26 PM
|Amgen Enters Into Agreement With Inovalon and Avalere to Engage Value-Based Contracting Opportunities|
us.rd.yahoo.com - March 29 at 10:33 AM
|Inovalon Holdings Inc (INOV) Upgraded by Zacks Investment Research to Hold|
www.americanbankingnews.com - March 26 at 6:00 PM
|Inovalon Holdings Inc (INOV) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - March 20 at 1:22 PM
|Why Inovalon Holdings (INOV) Could Be Positioned for a Surge|
finance.yahoo.com - March 15 at 6:14 PM
|Research Reports Initiation on Healthcare Information Services ... - PR Newswire (press release)|
www.prnewswire.com - March 14 at 5:06 PM
|Inovalon Holdings, Inc. Announces Date of Its 2017 Annual Meeting ... - Nasdaq|
www.nasdaq.com - March 14 at 5:06 PM
|Inovalon Holdings, Inc. Announces Date of Its 2017 Annual Meeting of Stockholders|
finance.yahoo.com - March 14 at 11:51 AM
|INOVALON HOLDINGS, INC. Financials|
finance.yahoo.com - March 1 at 5:36 PM
|BRIEF-Inovalon Q4 non-GAAP earnings per share $0.05|
www.reuters.com - February 22 at 6:10 PM
|Inovalon Reports Fourth Quarter and Full Year 2016 Results|
us.rd.yahoo.com - February 22 at 6:10 PM
|4:15 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
|INOVALON 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
|Inovalon Holdings Inc Earnings Call scheduled for 5:00 pm ET today|
us.rd.yahoo.com - February 22 at 6:10 PM
|Inovalon downgraded by BofA/Merrill|
us.rd.yahoo.com - February 13 at 11:58 PM
|Form SC 13G/A Inovalon Holdings, Inc. Filed by: VANGUARD SPECIALIZED FUNDS - StreetInsider.com|
www.streetinsider.com - February 13 at 6:57 PM
|Form SC 13G/A Inovalon Holdings, Inc. Filed by: VANGUARD SPECIALIZED FUNDS|
www.streetinsider.com - February 13 at 11:11 AM
|Inovalon Announces Agreement With Boehringer Ingelheim to Support Outcome-Based Contracting|
finance.yahoo.com - January 31 at 4:42 AM
|AI Firm Afiniti Said to Weigh IPO at About $2 Billion Value|
www.bloomberg.com - January 24 at 6:40 PM
|7:56 am Inovalon announces agreement with Boehringer Ingelheim Pharmaceuticals, subsidiary of Eli Lilly (LLY)|
finance.yahoo.com - January 23 at 10:51 AM
Inovalon Holdings (INOV) Chart for Thursday, May, 25, 2017