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. In addition, it offers advisory, implementation, and support services. The company serves health plans and provider organizations, as well as pharmaceutical, medical device, and diagnostics companies. Its platforms include information of data pertaining to approximately 964,000 physicians; 519,000 clinical facilities; and approximately 264 million individuals and 42 billion medical events. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland.
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
Employees2,104
Next Earnings Date5/1/2019 (Confirmed)
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 results on Wednesday, February, 20th. The technology company reported $0.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.02. The technology company earned $136.30 million during the quarter, compared to the consensus estimate of $145.20 million. Inovalon had a negative net margin of 7.32% and a positive return on equity of 3.88%. Inovalon's quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.06 EPS. View Inovalon's Earnings History.
When is Inovalon's next earnings date?
How can I listen to Inovalon's earnings call?
Inovalon will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8557832604.
What guidance has Inovalon issued on next quarter's earnings?
Inovalon issued an update on its first quarter earnings guidance on Wednesday, February, 20th. The company provided earnings per share guidance of $0.07 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.07. The company issued revenue guidance of $143-146 million, compared to the consensus revenue estimate of $146.84 million.
What price target have analysts set for INOV?
3 Wall Street analysts have issued 1 year price targets for Inovalon's stock. Their predictions range from $11.00 to $22.00. On average, they anticipate Inovalon's share price to reach $15.3333 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View Analyst Price Targets for Inovalon.
What is the consensus analysts' recommendation for Inovalon?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Inovalon.
Has Inovalon been receiving favorable news coverage?
News coverage about INOV stock has been trending neutral on Wednesday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Inovalon earned a media sentiment score of 0.5 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are some of Inovalon's key competitors?
Some companies that are related to Inovalon include StoneCo (STNE), Proofpoint (PFPT), Pegasystems (PEGA), YY (YY), Zynga (ZNGA), Bilibili (BILI), CarGurus (CARG), Corelogic (CLGX), PagSeguro Digital (PAGS), Five9 (FIVN), Globant (GLOB), Evertec (EVTC), Yext (YEXT), Upwork (UPWK) and MINDBODY (MB).
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 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 many different of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (0.54%), Tibra Equities Europe Ltd (0.03%), Isthmus Partners LLC (0.01%) and FNY Investment Advisers LLC (0.00%). Company insiders that own Inovalon stock include Jason Capitel, Joseph R Rostock, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis and Shauna L Vernal. View Institutional Ownership Trends for Inovalon.
Which institutional investors are selling Inovalon stock?
Which institutional investors are buying Inovalon stock?
INOV stock was acquired by a variety of institutional investors in the last quarter, including Tibra Equities Europe Ltd and FNY Investment Advisers 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, Scottrade, Fidelity and Charles Schwab.
What is Inovalon's stock price today?
One share of INOV stock can currently be purchased for approximately $13.14.
How big of a company is Inovalon?
Inovalon has a market capitalization of $2.01 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 2,104 workers across the globe.
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.
