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NASDAQ:INOV - Inovalon Stock Price, Forecast & News

$17.62
+0.09 (+0.51 %)
(As of 12/9/2019 06:42 AM ET)
Today's Range
$17.53
Now: $17.62
$17.75
50-Day Range
$14.04
MA: $16.54
$18.57
52-Week Range
$11.50
Now: $17.62
$18.85
Volume332,706 shs
Average Volume494,466 shs
Market Capitalization$2.73 billion
P/E Ratio97.89
Dividend YieldN/A
Beta0.63
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. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$527.68 million
Cash Flow$0.83 per share
Book Value$4.47 per share

Profitability

Net Income$-39,160,000.00

Miscellaneous

Employees2,499
Market Cap$2.73 billion
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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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) issued its quarterly earnings data on Wednesday, October, 30th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.03. The technology company earned $166.50 million during 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 company's revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.11 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, February 19th 2020. View Earnings Estimates for Inovalon.

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 (EPS) guidance of $0.57-$0.61 for the period, compared to the Thomson Reuters consensus earnings per share 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 12-month price targets for Inovalon's shares. Their forecasts range from $12.00 to $22.00. On average, they expect Inovalon's share price to reach $18.25 in the next twelve months. This suggests a possible upside of 3.6% 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?

Headlines about INOV stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Inovalon earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Inovalon.

Who are some of Inovalon's key competitors?

What other stocks do shareholders of Inovalon own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inovalon investors own include Alibaba Group (BABA), Ford Motor (F), Corbus Pharmaceuticals (CRBP), OncoSec Medical (ONCS), General Electric (GE), Mosaic (MOS), Amarin (AMRN), ConforMIS (CFMS), Corcept Therapeutics (CORT) and FireEye (FEYE).

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 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.

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%), State Street Corp (0.91%), Parametric Portfolio Associates LLC (0.52%), Riverbridge Partners LLC (0.50%), Penn Davis Mcfarland Inc. (0.31%) and California State Teachers Retirement System (0.26%). Company insiders that own Inovalon stock include Jason Capitel, Keith R Dunleavy, Lee D Roberts 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 Voya Investment Management LLC. View Insider Buying and Selling for Inovalon.

Which major investors are buying Inovalon stock?

INOV stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State Street Corp, Parametric Portfolio Associates LLC, First Trust Advisors LP, Voloridge Investment Management LLC, Dupont Capital Management Corp, Squarepoint Ops LLC and Calamos Advisors LLC. 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 $17.62.

How big of a company is Inovalon?

Inovalon has a market capitalization of $2.73 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?

The official website for Inovalon is http://www.inovalon.com/.

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:  289 (Vote Outperform)
Underperform Votes:  354 (Vote Underperform)
Total Votes:  643
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 12/9/2019 by MarketBeat.com Staff

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