Inovalon Holdings, Inc, a technology company, provides cloud-based platforms empowering data-driven healthcare. It operates the Inovalon ONE Platform, a cloud-based platform that interconnect with the healthcare ecosystem to aggregate and analyze data in real-time, as well as empowers the application in resulting insights. The company also operates myABILITY software platform, an integrated set of cloud-based applications for providers that offers connectivity, administrative, clinical and quality analysis, management, and performance improvement capabilities to acute, post-acute, and ambulatory point-of-care provider facilities.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Phone301-809-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$527.68 million
Profitability
Miscellaneous
Employees2,499
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable
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) posted its quarterly earnings data on Wednesday, October, 30th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.03. The technology company had revenue of $166.50 million for the quarter, compared to analysts' expectations of $164.92 million. Inovalon had a positive return on equity of 7.11% and a negative net margin of 1.37%. The business's revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 earnings per share. View Inovalon's Earnings History.
When is Inovalon's next earnings date?
What guidance has Inovalon issued on next quarter's earnings?
Inovalon updated its FY20 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of $0.57-$0.61 for the period, compared to the Thomson Reuters consensus estimate of $0.56. The company issued revenue guidance of $698-$718 million, compared to the consensus revenue estimate of $697.73 million.
What price target have analysts set for INOV?
4 Wall Street analysts have issued twelve-month target prices for Inovalon's shares. Their forecasts range from $12.00 to $22.00. On average, they anticipate Inovalon's share price to reach $18.25 in the next year. This suggests a possible upside of 4.3% from the stock's current price. View Analyst Price Targets for Inovalon.
What is the consensus analysts' recommendation for Inovalon?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Inovalon.
Has Inovalon been receiving favorable news coverage?
News articles about INOV stock have been trending very negative on Monday, according to InfoTrie. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Inovalon earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Inovalon.
Who are some of Inovalon's key competitors?
Some companies that are related to Inovalon include StoneCo (STNE), DXC Technology (DXC), Autohome (ATHM), Zendesk (ZEN), Proofpoint (PFPT), Zynga (ZNGA), Pegasystems (PEGA), CHURCHILL CAP C/SH (CCC), YY (YY), Bilibili (BILI), CarGurus (CARG), Globant (GLOB), Five9 (FIVN), LiveRamp (RAMP) and Corelogic (CLGX).
What other stocks do shareholders of Inovalon own?
Who are Inovalon's key executives?
Inovalon's management team includes the folowing people:
- Keith R. Dunleavy, CEO & Chairman (Age 50)
- Mr. Robert A. Wychulis, Pres (Age 64)
- Mr. John Michael Burgin, Chief Product Officer (Age 45)
- Mr. Jonathan R. Boldt, Chief Financial Officer (Age 34)
- Mr. Jason B. Capitel, Chief Operating Officer (Age 47)
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 $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.
Who are Inovalon's major shareholders?
Inovalon's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Summit Partners L P (1.13%), Riverbridge Partners LLC (0.50%), Penn Davis Mcfarland Inc. (0.31%), First Trust Advisors LP (0.13%), California Public Employees Retirement System (0.09%) and First Business Financial Services Inc. (0.02%). Company insiders that own Inovalon stock include Jason Capitel, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis and Shauna L Vernal. 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 Summit Partners L P, Sawgrass Asset Management LLC, Riverbridge Partners LLC, SG Americas Securities LLC, Penn Davis Mcfarland Inc., Wakefield Asset Management LLLP, Great West Life Assurance Co. Can and Oppenheimer Asset Management Inc.. 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 California Public Employees Retirement System, First Trust Advisors LP, Dupont Capital Management Corp, Calamos Advisors LLC, Coastal Investment Advisors Inc., Campbell & CO Investment Adviser LLC, Envestnet Asset Management Inc. and NEXT Financial Group Inc. Company insiders that have bought Inovalon stock in the last two years include Jason Capitel, Keith R Dunleavy and Lee D Roberts. 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, Robinhood, Fidelity and Charles Schwab.
What is Inovalon's stock price today?
One share of INOV stock can currently be purchased for approximately $17.49.
How big of a company is Inovalon?
Inovalon has a market capitalization of $2.71 billion and generates $527.68 million in revenue each year. The technology company earns $-39,160,000.00 in net income (profit) each year or $0.18 on an earnings per share basis. Inovalon employs 2,499 workers across the globe.View Additional Information About Inovalon.
What is Inovalon's official website?
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)
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.
