NASDAQ:INOV

Inovalon Stock Forecast, Price & News

$40.40
+0.03 (+0.07 %)
(As of 09/23/2021 03:59 PM ET)
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Today's Range
$40.39
$40.46
50-Day Range
$31.94
$40.85
52-Week Range
$17.56
$40.99
Volume35,298 shs
Average Volume705,696 shs
Market Capitalization$6.32 billion
P/E Ratio149.64
Dividend YieldN/A
Beta0.59
30 days | 90 days | 365 days | Advanced Chart
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Inovalon logo

About Inovalon

Inovalon Holdings, Inc. engages in the development of cloud-based platforms for the healthcare industry. Its products include datasets, integration technologies, predictive analytics, and related services. The company was founded in 1998 and is headquartered in Bowie, MD.

Headlines

Inovalon (NASDAQ:INOV) Sees Large Volume Increase
Inovalon (NASDAQ:INOV) Sees Large Volume Increase
September 22, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.85 out of 5 stars

Computer And Technology Sector

501st out of 858 stocks

Data Processing & Preparation Industry

44th out of 93 stocks

Analyst Opinion: 2.1Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Inovalon (NASDAQ:INOV) Frequently Asked Questions

Is Inovalon a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Inovalon in the last twelve months. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Inovalon stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in INOV, but not buy additional shares or sell existing shares.
View analyst ratings for Inovalon
or view top-rated stocks.

What stocks does MarketBeat like better than Inovalon?

Wall Street analysts have given Inovalon a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Inovalon wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Inovalon?

Inovalon saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,060,000 shares, a decline of 61.5% from the August 15th total of 2,750,000 shares. Based on an average trading volume of 841,100 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.5% of the company's shares are sold short.
View Inovalon's Short Interest
.

When is Inovalon's next earnings date?

Inovalon is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Inovalon
.

How were Inovalon's earnings last quarter?

Inovalon Holdings, Inc. (NASDAQ:INOV) issued its quarterly earnings data on Wednesday, July, 28th. The technology company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The technology company had revenue of $190.44 million for the quarter, compared to analysts' expectations of $183.89 million. Inovalon had a trailing twelve-month return on equity of 11.72% and a net margin of 5.55%.
View Inovalon's earnings history
.

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

Inovalon's stock was trading at $17.36 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, INOV stock has increased by 132.7% and is now trading at $40.40.
View which stocks have been most impacted by COVID-19
.

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

Inovalon updated its third quarter 2021 earnings guidance on Wednesday, August, 4th. The company provided EPS guidance of $0.190-$0.200 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.190. The company issued revenue guidance of $191 million-$197 million, compared to the consensus revenue estimate of $193.05 million.

What price target have analysts set for INOV?

6 brokers have issued 1 year target prices for Inovalon's stock. Their forecasts range from $23.00 to $41.00. On average, they anticipate Inovalon's stock price to reach $32.67 in the next year. This suggests that the stock has a possible downside of 19.1%.
View analysts' price targets for Inovalon
or view top-rated stocks among Wall Street analysts.

Who are Inovalon's key executives?

Inovalon's management team includes the following people:
  • Keith R. Dunleavy, Chairman & Chief Executive Officer
  • Eron S. Kelly, President
  • Jonathan R. Boldt, Chief Financial & Accounting Officer
  • Paige C. Kilian, Chief Medical Officer
  • Monica Keeneth, Chief Information Security Officer & VP

What is Keith R. Dunleavy's approval rating as Inovalon's CEO?

410 employees have rated Inovalon CEO Keith R. Dunleavy on Glassdoor.com. Keith R. Dunleavy has an approval rating of 57% among Inovalon's employees. This puts Keith R. Dunleavy in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), DexCom (DXCM), NVIDIA (NVDA), Digital Turbine (APPS), PayPal (PYPL), Square (SQ), Taiwan Semiconductor Manufacturing (TSM) and Enphase Energy (ENPH).

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 served 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.75%), BlackRock Inc. (4.10%), ArrowMark Colorado Holdings LLC (2.08%), Black Creek Investment Management Inc. (1.87%), Neuberger Berman Group LLC (1.50%) and Invesco Ltd. (1.07%). Company insiders that own Inovalon stock include Bock Peter De, Jason Capitel, Jonathan R Boldt, Keith R Dunleavy, Mark Pulido, Robert A Wychulis 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 Black Creek Investment Management Inc., BlackRock Inc., Bernzott Capital Advisors, Vanguard Group Inc., PEAK6 Investments LLC, Samjo Capital LLC, Wells Fargo & Company MN, and Morgan Stanley. Company insiders that have sold Inovalon company stock in the last year include Jason Capitel, Jonathan R Boldt, and Mark Pulido.
View insider buying and selling activity for Inovalon
or view top insider-selling stocks.

Which institutional investors are buying Inovalon stock?

INOV stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Millennium Management LLC, Federated Hermes Inc., Cowen Prime Advisors LLC, Rhenman & Partners Asset Management AB, Royal Bank of Canada, FMR LLC, and Dimensional Fund Advisors LP. Company insiders that have bought Inovalon stock in the last two years include Bock Peter De, Keith R Dunleavy, and William J Teuber Jr.
View insider buying and selling activity for Inovalon
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Inovalon's stock price today?

One share of INOV stock can currently be purchased for approximately $40.40.

How much money does Inovalon make?

Inovalon has a market capitalization of $6.32 billion and generates $667.52 million in revenue each year. The technology company earns $22.58 million in net income (profit) each year or $0.48 on an earnings per share basis.

How many employees does Inovalon have?

Inovalon employs 1,836 workers across the globe.

What is Inovalon's official website?

The official website for Inovalon is www.inovalon.com.

Where are Inovalon's headquarters?

Inovalon is headquartered at 4321 COLLINGTON ROAD, BOWIE MD, 20716.

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 9/23/2021 by MarketBeat.com Staff
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