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Inovalon Stock Forecast, Price & News

-0.36 (-1.41 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $25.17
50-Day Range
MA: $24.66
52-Week Range
Now: $25.17
Volume1.10 million shs
Average Volume493,417 shs
Market Capitalization$3.91 billion
P/E Ratio359.57
Dividend YieldN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.15 out of 5 stars

Industry, Sector and Symbol

Industry Data processing & preparation
Current SymbolNASDAQ:INOV



Sales & Book Value

Annual Sales$642.41 million
Cash Flow$1.18 per share
Book Value$4.44 per share


Net Income$7.78 million


Market Cap$3.91 billion
Next Earnings Date11/4/2020 (Estimated)
-0.36 (-1.41 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Inovalon (NASDAQ:INOV) Frequently Asked Questions

How has Inovalon's stock been impacted by Coronavirus (COVID-19)?

Inovalon's stock was trading at $17.36 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, INOV stock has increased by 45.0% and is now trading at $25.17.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Inovalon?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Inovalon

When is Inovalon's next earnings date?

Inovalon is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Inovalon

How were Inovalon's earnings last quarter?

Inovalon Holdings Inc (NASDAQ:INOV) posted its quarterly earnings results on Wednesday, July, 29th. The technology company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.04. The technology company had revenue of $162.20 million for the quarter, compared to analysts' expectations of $159.46 million. Inovalon had a net margin of 1.75% and a return on equity of 9.09%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.13 earnings per share.
View Inovalon's earnings history

What guidance has Inovalon issued on next quarter's earnings?

Inovalon issued an update on its FY20 earnings guidance on Wednesday, July, 29th. The company provided 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 $675-698 million, compared to the consensus revenue estimate of $680.69 million.

What price target have analysts set for INOV?

8 equities research analysts have issued 12-month price objectives for Inovalon's shares. Their forecasts range from $12.00 to $29.00. On average, they expect Inovalon's stock price to reach $22.22 in the next year. This suggests that the stock has a possible downside of 11.7%.
View analysts' price targets 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 Advanced Micro Devices (AMD), Pfizer (PFE), Alibaba Group (BABA), NVIDIA (NVDA), Paypal (PYPL), Square (SQ), Taiwan Semiconductor Mfg. (TSM), Digital Turbine (APPS), DexCom (DXCM) and Enphase Energy (ENPH).

Who are Inovalon's key executives?

Inovalon's management team includes the following 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 acted as the underwriters for the IPO and Baird, Piper Jaffray, Wells Fargo Securities and William Blair were co-managers.

What is Inovalon's stock symbol?

Inovalon trades on the NASDAQ under the ticker symbol "INOV."

Who are Inovalon's major shareholders?

Inovalon's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.74%), Black Creek Investment Management Inc. (2.89%), FMR LLC (1.73%), Neuberger Berman Group LLC (1.64%), Bernzott Capital Advisors (1.04%) and Riverbridge Partners LLC (0.97%). Company insiders that own Inovalon stock include Jason Capitel, Jonathan R Boldt, Keith R Dunleavy and Robert A Wychulis.
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 FMR LLC, Marshall Wace LLP, Black Creek Investment Management Inc., Cowen Prime Services LLC, Neuberger Berman Group LLC, Avalon Investment & Advisory, Riverbridge Partners LLC, and Natixis Advisors L.P.. Company insiders that have sold Inovalon company stock in the last year include Jason Capitel, Jonathan R Boldt, and Robert A Wychulis.
View insider buying and selling activity for Inovalon

Which major investors are buying Inovalon stock?

INOV stock was purchased by a variety of institutional investors in the last quarter, including Redwood Investments LLC, Nordea Investment Management AB, Goldman Sachs Group Inc., Bernzott Capital Advisors, Vanguard Group Inc., Prudential Financial Inc., GAM Holding AG, and Nuveen Asset Management LLC. Company insiders that have bought Inovalon stock in the last two years include Jason Capitel, and Keith R Dunleavy.
View insider buying and selling activity 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 $25.17.

How big of a company is Inovalon?

Inovalon has a market capitalization of $3.91 billion and generates $642.41 million in revenue each year. The technology company earns $7.78 million in net income (profit) each year or $0.41 on an earnings per share basis. Inovalon employs 2,662 workers across the globe.

What is Inovalon's official website?

The official website for Inovalon is 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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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