Inovalon Holdings, Inc., a technology company, provides cloud-based platforms empowering a data-driven transformation from volume-based to value-based models in the healthcare industry. The company's platform enables the assessment and enhancement of clinical and quality outcomes and financial performance. It serves health plans and provider organizations, as well as pharmaceutical, medical device, and diagnostics companies. The company provides technology that supports approximately 500 healthcare organizations. Its platforms are informed by data pertaining to approximately 932,000 physicians; 455,000 clinical facilities; and approximately 240 million individuals and 37 billion medical events. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000
Debt
Debt-to-Equity Ratio1.38
Current Ratio1.95
Quick Ratio1.95
Price-To-Earnings
Trailing P/E Ratio50.22
Forward P/E Ratio41.25
P/E Growth2.98
Sales & Book Value
Annual Sales$449.36 million
Price / Sales3.92
Cash Flow$0.5902 per share
Price / Cash19.57
Book Value$4.47 per share
Price / Book2.58
Profitability
EPS (Most Recent Fiscal Year)$0.23
Net Income$34.81 million
Net Margins-0.40%
Return on Equity3.69%
Return on Assets1.98%
Miscellaneous
Employees2,480
Outstanding Shares152,660,000
Market Cap$1.79 billion
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) announced its quarterly earnings data on Wednesday, August, 1st. The technology company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.08. The technology company earned $152.80 million during the quarter, compared to the consensus estimate of $147.09 million. Inovalon had a negative net margin of 0.40% and a positive return on equity of 3.69%. The company's quarterly revenue was up 38.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.08 EPS. View Inovalon's Earnings History.
When is Inovalon's next earnings date?
What guidance has Inovalon issued on next quarter's earnings?
Inovalon issued an update on its FY18 earnings guidance on Wednesday, August, 1st. The company provided earnings per share guidance of $0.34-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.33. The company issued revenue guidance of $568-593 million, compared to the consensus revenue estimate of $564.11 million.
What price target have analysts set for INOV?
3 analysts have issued 1 year target prices for Inovalon's shares. Their forecasts range from $10.00 to $14.00. On average, they expect Inovalon's stock price to reach $12.00 in the next year. This suggests a possible upside of 3.9% 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 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Inovalon.
Who are some of Inovalon's key competitors?
Some companies that are related to Inovalon include RingCentral (RNG), Zendesk (ZEN), Proofpoint (PFPT), YY (YY), CarGurus (CARG), DST Systems (DST), Pegasystems (PEGA), Corelogic (CLGX), PagSeguro Digital (PAGS), Acxiom (ACXM), Zynga (ZNGA), Bilibili (BILI), Smartsheet (SMAR), Five9 (FIVN) and Yext (YEXT).
Who are Inovalon's key executives?
Inovalon's management team includes the folowing people:
- Keith R. Dunleavy, Chairman & CEO (Age 49)
- Mr. Robert A. Wychulis, Pres (Age 63)
- Mr. John Michael Burgin, Chief Product Officer (Age 44)
- Mr. Jonathan R. Boldt, Interim Chief Financial Officer (Age 33)
- Mr. Jason B. Capitel, Chief Operating Officer (Age 46)
When did Inovalon 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.
Has Inovalon been receiving favorable news coverage?
News coverage about INOV stock has trended somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Inovalon earned a news and rumor sentiment score of 0.23 on Accern's scale. They also assigned media stories about the technology company an impact score of 48.16 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Inovalon.
Who are Inovalon's major shareholders?
Inovalon's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (3.13%), BlackRock Inc. (3.10%), Summit Partners L P (2.29%), Riverbridge Partners LLC (0.66%), Bank of New York Mellon Corp (0.50%) and Prescott Group Capital Management L.L.C. (0.45%). Company insiders that own Inovalon stock include 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.
Which institutional investors are selling Inovalon stock?
INOV stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Algert Global LLC, Bank of America Corp DE, Citadel Advisors LLC, Envestnet Asset Management Inc., Bank of New York Mellon Corp, Engineers Gate Manager LP and US Bancorp DE. Company insiders that have sold Inovalon company stock in the last year include Robert A Wychulis and Shauna L Vernal. View Insider Buying and Selling for Inovalon.
Which institutional investors are buying Inovalon stock?
INOV stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Summit Partners L P, BlackRock Inc., HarbourVest Partners LLC, United Services Automobile Association, Cowen Prime Services LLC, Sandy Spring Bank and Prescott Group Capital Management L.L.C.. Company insiders that have bought Inovalon 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.
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 $11.55.
How big of a company is Inovalon?
Inovalon has a market capitalization of $1.79 billion and generates $449.36 million in revenue each year. The technology company earns $34.81 million in net income (profit) each year or $0.23 on an earnings per share basis. Inovalon employs 2,480 workers across the globe.
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.
