About Inovalon Holdings (NASDAQ:INOV)
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 858,000 physicians, 377,000 clinical facilities, and more than 230 million Americans.
Industry, Sector and Symbol
Industry IT Services & Consulting
SectorComputer and Technology
Trailing P/E Ratio75.71
Forward P/E Ratio66.25
Sales & Book Value
Annual Sales$427.59 million
Price / Sales5.42
Cash Flow$0.57 per share
Price / Cash27.95
Book Value$4.47 per share
Price / Book3.56
Net Income$27.10 million
Return on Equity4.63%
Return on Assets2.99%
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) issued its quarterly earnings results on Wednesday, November, 1st. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. The technology company earned $115.90 million during the quarter, compared to the consensus estimate of $114.79 million. Inovalon Holdings had a return on equity of 4.63% and a net margin of 4.07%. Inovalon Holdings's revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. View Inovalon Holdings' Earnings History.
When will Inovalon Holdings make its next earnings announcement?
What guidance has Inovalon Holdings issued on next quarter's earnings?
Inovalon Holdings updated its FY17 earnings guidance on Wednesday, November, 1st. The company provided earnings per share guidance of $0.30-0.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.32. The company issued revenue guidance of $447.1-459.3 million, compared to the consensus revenue estimate of $451.28 million.
Where is Inovalon Holdings' stock going? Where will Inovalon Holdings' stock price be in 2017?
7 brokers have issued twelve-month price targets for Inovalon Holdings' shares. Their predictions range from $10.00 to $20.00. On average, they anticipate Inovalon Holdings' stock price to reach $14.00 in the next twelve months. View Analyst Ratings for Inovalon Holdings.
Who are some of Inovalon Holdings' key competitors?
Some companies that are related to Inovalon Holdings include Teradata Corporation (TDC), InterXion Holding N.V. (INXN), Medidata Solutions (MDSO), Proofpoint (PFPT), IGATE Corp (IGTE), NCR Corporation (NCR), DST Systems (DST), 2U (TWOU), CACI International (CACI), Science Applications International Corporation (SAIC), Manhattan Associates (MANH), Sophos Group plc (SOPH), ACI Worldwide (ACIW), Verint Systems (VRNT), NetScout Systems (NTCT), Wix.com (WIX), Acxiom Corporation (ACXM) and Syntel (SYNT).
Who are Inovalon Holdings' key executives?
Inovalon Holdings' management team includes the folowing people:
- Keith R. Dunleavy M.D., Chairman of the Board, Chief Executive Officer (Age 47)
- Robert A. Wychulis, President (Age 62)
- Christopher E. Greiner, Chief Financial Officer, Chief Operating Officer (Age 41)
- Daniel N. Mendelson, President of Avalere Health (Age 52)
- Christopher Hand, Chief Growth Officer (Age 56)
- Shauna L. Vernal, Chief Legal Officer, Corporate Secretary (Age 47)
- Denise K. Fletcher, Independent Director (Age 68)
- William D. Green, Independent Director (Age 63)
- Andre S. Hoffmann, Independent Director (Age 58)
- Lee D. Roberts, Independent Director (Age 64)
When did Inovalon Holdings IPO?
(INOV) raised $500 million in an 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 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 number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (2.06%), Bamco Inc. NY (1.75%), Neuberger Berman Group LLC (1.34%), Senvest Management LLC (0.69%), Penn Davis Mcfarland Inc. (0.55%) and Point72 Asset Management L.P. (0.32%). Company insiders that own Inovalon Holdings stock include Daniel L Rizzo, Joseph R Rostock, Keith R Dunleavy, 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 Bamco Inc. NY, Riverbridge Partners LLC, Point72 Asset Management L.P., Cowen Prime Services LLC, GSA Capital Partners LLP, Penn Davis Mcfarland Inc., Envestnet Asset Management Inc. and California State Teachers Retirement System. Company insiders that have sold Inovalon Holdings company stock in the last year include Joseph R Rostock and Shauna L Vernal. View Insider Buying and Selling for Inovalon Holdings.
Who bought Inovalon Holdings stock? Who is buying Inovalon Holdings stock?
Inovalon Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Senvest Management LLC, Allianz Asset Management GmbH, Neuberger Berman Group LLC, Tributary Capital Management LLC, Isthmus Partners LLC, Perceptive Advisors LLC, Wells Fargo & Company MN and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Inovalon Holdings stock in the last two years include Keith R Dunleavy, 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Inovalon Holdings' stock price today?
One share of Inovalon Holdings stock can currently be purchased for approximately $15.90.
How big of a company is Inovalon Holdings?
Inovalon Holdings has a market capitalization of $2.32 billion and generates $427.59 million in revenue each year. The technology company earns $27.10 million in net income (profit) each year or $0.12 on an earnings per share basis. Inovalon Holdings employs 2,453 workers across the globe.
How can I contact Inovalon Holdings?
Inovalon Holdings' 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 Holdings (INOV)MarketBeat's community ratings are surveys of what our community members think about Inovalon Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Inovalon Holdings (NASDAQ:INOV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 5 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$14.00 (11.95% downside)|
Consensus Price Target History for Inovalon Holdings (NASDAQ:INOV)
Analysts' Ratings History for Inovalon Holdings (NASDAQ:INOV)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/12/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$9.00 -> $14.00||High|
|6/16/2017||Robert W. Baird||Reiterated Rating||Neutral||$11.00 -> $12.00||Low|
|2/23/2017||William Blair||Reiterated Rating||Market Perform||N/A|
|2/13/2017||Bank of America Corporation||Downgrade||Neutral -> Underperform||$10.00||N/A|
|12/13/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|12/4/2016||Pacific Crest||Set Price Target||Buy||$20.00||N/A|
|10/24/2016||First Analysis||Initiated Coverage||Equal -> Equal Weight||$14.00||N/A|
|8/4/2016||Citigroup Inc.||Lower Price Target||Neutral||$18.00 -> $17.00||N/A|
|8/4/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$25.00 -> $17.00||N/A|
|8/4/2016||Piper Jaffray Companies||Downgrade||Neutral -> Underweight||$14.00 -> $11.00||N/A|
Earnings History and Estimates Chart 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|
|11/1/2017||Q3 2017||$0.08||$0.09||$114.79 million||$115.90 million||View||N/A|
|8/2/2017||Q2 2017||$0.07||$0.08||$108.73 million||$110.60 million||View||Listen|
|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: $0.24
2018 EPS Consensus Estimate: $0.33
(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: 48.28%
Institutional Ownership Percentage: 27.69%
Insider Trades by Quarter for Inovalon Holdings (NASDAQ INOV)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/17/2017||Shauna L Vernal||Insider||Sell||5,908||$16.01||$94,587.08|| |
|9/13/2017||Keith R Dunleavy||CEO||Buy||62,000||$16.38||$1,015,560.00|| |
|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|| |
Latest Headlines for Inovalon Holdings (NASDAQ INOV)
|Form 8-K Inovalon Holdings, Inc. For: Nov 17 - StreetInsider.com|
www.streetinsider.com - November 22 at 1:08 AM
|Form 8-K Inovalon Holdings, Inc. For: Nov 17|
www.streetinsider.com - November 21 at 8:06 PM
|Inovalon Holdings, Inc. (INOV) Insider Sells $94,587.08 in Stock|
www.americanbankingnews.com - November 20 at 4:43 PM
|Industry and Academic Leaders Focus on Deep Learning and Machine Learning Methodologies|
globenewswire.com - November 20 at 4:41 PM
|Inovalon and the University of Maryland Center for Health Information & Decision Systems Collaborate on Machine Learning and Neural Network Applications|
finance.yahoo.com - November 20 at 4:41 PM
|Zacks: Brokerages Expect Inovalon Holdings, Inc. (INOV) Will Post Quarterly Sales of $118.28 Million|
www.americanbankingnews.com - November 11 at 6:14 AM
|Zacks: Analysts Expect Inovalon Holdings, Inc. (INOV) to Post $0.08 EPS|
www.americanbankingnews.com - November 9 at 3:48 PM
|Inovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : November 6, 2017|
finance.yahoo.com - November 7 at 4:33 AM
|Research Analysts Issue Forecasts for Inovalon Holdings, Inc.'s Q1 2018 Earnings (INOV)|
www.americanbankingnews.com - November 6 at 10:22 AM
|Inovalon Holdings, Inc. (INOV) Forecasted to Earn Q4 2017 Earnings of $0.07 Per Share|
www.americanbankingnews.com - November 6 at 8:47 AM
|Inovalon Holdings tops Street 3Q forecasts|
finance.yahoo.com - November 3 at 9:58 AM
|Edited Transcript of INOV earnings conference call or presentation 1-Nov-17 9:00pm GMT|
finance.yahoo.com - November 3 at 9:58 AM
|Inovalon Holdings, Inc. breached its 50 day moving average in a Bearish Manner : INOV-US : November 3, 2017|
finance.yahoo.com - November 3 at 9:58 AM
|Inovalon Holdings, Inc. (INOV) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - November 2 at 12:02 PM
|Inovalon Reports Third Quarter 2017 Results|
finance.yahoo.com - November 2 at 2:27 AM
|Inovalon Holdings, Inc. (INOV) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS|
www.americanbankingnews.com - November 1 at 9:41 PM
|Inovalon Holdings, Inc. (INOV) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - November 1 at 6:38 PM
|Inovalon Clients Realize Over 3x Increase In CMS Star Ratings Compared To National Average|
finance.yahoo.com - October 30 at 10:17 PM
|Head-To-Head Contrast: Inovalon Holdings (INOV) & CSRA (CSRA)|
www.americanbankingnews.com - October 27 at 5:12 AM
|Inovalon Holdings, Inc. (INOV) Set to Announce Quarterly Earnings on Tuesday|
www.americanbankingnews.com - October 24 at 8:56 AM
|$114.55 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter|
www.americanbankingnews.com - October 22 at 5:28 AM
|Inovalon Holdings, Inc. (INOV) Expected to Announce Earnings of $0.08 Per Share|
www.americanbankingnews.com - October 20 at 10:26 PM
|Healthcare Information Services Stock Performance Review -- Inovalon, Medidata Solutions, Cotiviti, and Teladoc - PR Newswire (press release)|
www.prnewswire.com - October 20 at 5:25 AM
|Inovalon Announces Third Quarter 2017 Earnings Conference Call|
finance.yahoo.com - October 19 at 5:31 AM
|Financial Analysis: Inovalon Holdings (INOV) versus Globant (GLOB)|
www.americanbankingnews.com - October 16 at 12:34 PM
|Inovalon Holdings, Inc. (INOV) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - October 8 at 11:02 AM
|Inovalon Holdings, Inc. (INOV) Stock Rating Upgraded by TheStreet|
www.americanbankingnews.com - October 7 at 7:36 AM
|Head-To-Head Comparison: Inovalon Holdings (INOV) versus Its Rivals|
www.americanbankingnews.com - October 5 at 2:14 AM
|ComScore settles a big shareholder lawsuit — by giving them what they want|
www.bizjournals.com - September 29 at 5:06 PM
|Short Interest in Inovalon Holdings, Inc. (INOV) Decreases By 11.5%|
www.americanbankingnews.com - September 29 at 1:56 AM
|BRIEF-Inovalon enters into agreement with Daiichi Sankyo Inc|
www.reuters.com - September 23 at 5:13 AM
|Inovalon Announces Agreement with Daiichi Sankyo, Inc. to Support Outcomes-Based Contracting|
finance.yahoo.com - September 22 at 1:44 PM
|Inovalon Holdings, Inc. to Post Q3 2017 Earnings of $0.08 Per Share, KeyCorp Forecasts (INOV)|
www.americanbankingnews.com - September 15 at 7:20 AM
|$115.00 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter|
www.americanbankingnews.com - September 15 at 7:10 AM
|Inovalon Holdings, Inc. (INOV) CEO Buys $1,015,560.00 in Stock|
www.americanbankingnews.com - September 14 at 10:25 AM
|Inovalon Holdings, Inc.: Gathering momentum, can it sustain its performance?|
finance.yahoo.com - September 14 at 6:29 AM
|Inovalon Holdings, Inc. (INOV) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - September 13 at 10:36 AM
|Inovalon Holdings Inc. (INOV) Is Up Sharply On UnitedHealthcare News|
www.nasdaq.com - September 13 at 3:13 AM
|Inovalon Holdings' (INOV) Hold Rating Reiterated at KeyCorp|
www.americanbankingnews.com - September 12 at 10:39 PM
|Inovalon to Participate at Annual Morgan Stanley and Bank of America Merrill Lynch Healthcare Conferences|
www.nasdaq.com - September 6 at 7:49 PM
|Inovalon Holdings, Inc. – Value Analysis (NASDAQ:INOV) : September 1, 2017|
finance.yahoo.com - September 1 at 12:56 AM
|Inovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : August 28, 2017|
finance.yahoo.com - August 28 at 7:29 PM
| Brokerages Expect Inovalon Holdings, Inc. (INOV) to Post $0.08 EPS|
www.americanbankingnews.com - August 25 at 10:04 PM
|Inovalon Holdings, Inc. (INOV) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - August 19 at 10:50 AM
|Inovalon Holdings, Inc. breached its 50 day moving average in a Bullish Manner : INOV-US : August 15, 2017|
finance.yahoo.com - August 16 at 1:30 AM
|See what the IHS Markit Score report has to say about Inovalon Holdings Inc.|
finance.yahoo.com - August 14 at 10:47 PM
|Inovalon Holdings Inc|
finance.yahoo.com - August 11 at 4:11 AM
|IHS Markit Score downgrades Inovalon Holdings Inc to 32 out of 100, ranking negatively in one out of three available IHS Markit categories.|
finance.yahoo.com - August 11 at 4:11 AM
|$114.50 Million in Sales Expected for Inovalon Holdings, Inc. (INOV) This Quarter|
www.americanbankingnews.com - August 9 at 7:24 AM
|Inovalon Certified by CMS, Receiving Fee-For-Service Medicare Data for All 50 States and the District of Columbia|
finance.yahoo.com - August 8 at 7:34 PM
Inovalon Holdings (NASDAQ INOV) Chart for Friday, November, 24, 2017