About Inovalon (NASDAQ:INOV)

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
Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000
Debt
Debt-to-Equity Ratio0.32%
Current Ratio4.82%
Quick Ratio4.82%
Price-To-Earnings
Trailing P/E Ratio46.30
Forward P/E RatioN/A
P/E Growth3
Sales & Book Value
Annual Sales$449.36 million
Price / Sales3.43
Cash Flow$0.5988 per share
Price / Cash17.82
Book Value$4.47 per share
Price / Book2.39
Profitability
EPS (Most Recent Fiscal Year)$0.23
Net Income$34.81 million
Net Margins7.51%
Return on Equity4.79%
Return on Assets3.09%
Miscellaneous
Employees2,480
Outstanding Shares144,400,000
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 (NASDAQ:INOV) issued its quarterly earnings results on Tuesday, February, 20th. The technology company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.01. The technology company had revenue of $114.60 million for the quarter, compared to analysts' expectations of $116.83 million. Inovalon had a return on equity of 4.79% and a net margin of 7.51%. The company's revenue was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.05 EPS. View Inovalon's Earnings History.
When is Inovalon's next earnings date?
What guidance has Inovalon issued on next quarter's earnings?
Inovalon updated its FY18 earnings guidance on Wednesday, March, 7th. The company provided earnings per share (EPS) guidance of $0.36-0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.34. The company issued revenue guidance of $568-593 million, compared to the consensus revenue estimate of $470.73 million.
What price target have analysts set for INOV?
4 Wall Street analysts have issued 12 month target prices for Inovalon's shares. Their predictions range from $10.00 to $14.00. On average, they expect Inovalon's share price to reach $12.00 in the next year. View Analyst Ratings for Inovalon.
Who are some of Inovalon's key competitors?
Some companies that are related to Inovalon include Trivago (TRVG), Fang (SFUN), Classified Ventures (CARS), Acxiom (ACXM), Mindbody (MB), Shutterstock (SSTK), Five9 (FIVN), Globant (GLOB), CSG Systems International (CSGS), Bitauto (BITA), Sohu.com (SOHU), Evertec (EVTC), Yext (YEXT), Carbonite (CARB), Liberty TripAdvisor (LTRPA), Renren (RENN), Tucows (TCX) and Castlight Health (CSLT).
Who are Inovalon's key executives?
Inovalon's management team includes the folowing people:
- Dr. Keith R. Dunleavy M.D., Chairman and Chief Exec. Officer (Age 49)
- Mr. Robert A. Wychulis, Pres (Age 63)
- Ms. Shauna L. Vernal, Former Chief Legal Officer & Corp. Sec. (Age 49)
- Mr. Jonathan Boldt, Interim Chief Financial Officer
- Ms. June D. Duchesne, Chief Legal Officer & Corp. Sec.
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.
Has Inovalon been receiving favorable news coverage?
Media stories about INOV stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Inovalon earned a coverage optimism score of 0.04 on Accern's scale. They also gave media coverage about the technology company an impact score of 45.65 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
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 $10.65.
How big of a company is Inovalon?
Inovalon has a market capitalization of $1.55 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 (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.
Inovalon (NASDAQ:INOV) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
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(Data available from 1/1/2013 forward)
Inovalon (NASDAQ INOV) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 48.28%
Institutional Ownership Percentage: 27.28%
Inovalon (NASDAQ INOV) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
---|
1/23/2018 | Shauna L. Vernal | Insider | Sell | 44,270 | $14.00 | $619,780.00 | | |
12/5/2017 | Robert A Wychulis | President | Sell | 85,828 | $15.54 | $1,333,767.12 | 466,286 | |
11/17/2017 | Shauna L Vernal | Insider | Sell | 5,908 | $16.01 | $94,587.08 | 47,309 | |
9/13/2017 | Keith R Dunleavy | CEO | Buy | 62,000 | $16.38 | $1,015,560.00 | 270,000 | |
5/24/2017 | Shauna L Vernal | Insider | Sell | 19,332 | $13.60 | $262,915.20 | 66,261 | |
5/8/2017 | Joseph R Rostock | Insider | Sell | 104,649 | $13.07 | $1,367,762.43 | 171,824 | |
5/5/2017 | Keith R Dunleavy | CEO | Buy | 40,000 | $12.98 | $519,200.00 | 220,000 | |
12/16/2016 | Robert A Wychulis | President | Buy | 1,675 | $9.29 | $15,560.75 | 32,942 | |
12/16/2016 | William D Green | Director | Buy | 30,000 | $9.29 | $278,700.00 | 68,351 | |
12/14/2016 | Keith R Dunleavy | CEO | Buy | 100,000 | $9.21 | $921,000.00 | 180,000 | |
11/11/2016 | Thomas R Kloster | CFO | Sell | 109,899 | $15.53 | $1,706,731.47 | 10,050 | |
9/16/2016 | William D Green | Director | Buy | 30,000 | $16.22 | $486,600.00 | 38,351 | |
9/8/2016 | William J Teuber Jr | Director | Buy | 60,000 | $16.46 | $987,600.00 | 69,559 | |
7/12/2016 | Daniel L Rizzo | Insider | Sell | 43,577 | $20.02 | $872,411.54 | 320,385 | |
5/9/2016 | Keith R Dunleavy | CEO | Buy | 30,000 | $16.68 | $500,400.00 | 53,147 | |
3/4/2016 | Robert A Wychulis | President | Sell | 33,003 | $18.17 | $599,664.51 | 63,666 | |
12/9/2015 | Daniel L Rizzo | Insider | Sell | 24,000 | $20.00 | $480,000.00 | 340,000 | |
12/4/2015 | Shauna L. Vernal | insider | Sell | 33,437 | $18.55 | $620,256.35 | 35,642 | |
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 | 50,000 | |
8/27/2015 | Lee D. Roberts | Director | Buy | 24,000 | $21.05 | $505,200.00 | 26,698 | |
2/18/2015 | Shauna L Vernal | Insider | Buy | 10,000 | $27.00 | $270,000.00 | | |
(Data available from 1/1/2013 forward)
Inovalon (NASDAQ INOV) News Headlines
Source: |
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Date | Headline |
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 | BidaskClub Lowers Inovalon (INOV) to Buy www.americanbankingnews.com - April 19 at 9:04 AM |
 | Inovalon (INOV) Upgraded by Zacks Investment Research to "Buy" www.americanbankingnews.com - April 17 at 11:03 AM |
 | $106.88 Million in Sales Expected for Inovalon (INOV) This Quarter www.americanbankingnews.com - April 15 at 2:14 AM |
 | Brokerages Anticipate Inovalon (INOV) Will Post Earnings of $0.06 Per Share www.americanbankingnews.com - April 13 at 9:16 PM |
 | Inovalon Completes Previously Announced Acquisition of ABILITY Network finance.yahoo.com - April 10 at 8:52 AM |
 | Inovalon Launches Clinical Data Extraction as a Service and Natural Language Processing as a Service on the Inovalon ONE™ Platform finance.yahoo.com - April 10 at 8:52 AM |
 | Inovalon (INOV) Lifted to "Equal Weight" at Morgan Stanley www.americanbankingnews.com - April 8 at 10:46 PM |
 | William Blair Research Analysts Decrease Earnings Estimates for Inovalon (INOV) www.americanbankingnews.com - April 5 at 7:38 AM |
 | Inovalon (INOV) Downgraded to Sell at Zacks Investment Research www.americanbankingnews.com - April 1 at 7:00 PM |
 | Inovalon Holdings Inc (INOV) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - April 1 at 9:36 AM |
 | Inovalon (INOV) Upgraded at Zacks Investment Research www.americanbankingnews.com - March 31 at 12:46 AM |
 | Zacks Investment Research Downgrades Inovalon (INOV) to Sell www.americanbankingnews.com - March 29 at 7:58 PM |
 | $106.88 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter www.americanbankingnews.com - March 29 at 4:00 AM |
 | Tech company Ability Network to expand Minneapolis office www.bizjournals.com - March 22 at 5:20 PM |
 | Inovalon Holdings, Inc. -- Moody's assigns B2 CFR to Inovalon Holdings, Inc.; Outlook stable finance.yahoo.com - March 20 at 5:02 PM |
 | Analysis: Positioning to Benefit within AnaptysBio, MoSys, CONMED, Franklin Financial Network, Hersha Hospitality Trust, and Inovalon — Research Highlights Growth, Revenue, and Consolidated Results finance.yahoo.com - March 20 at 8:50 AM |
 | Inovalon (INOV) Stock Rating Lowered by ValuEngine www.americanbankingnews.com - March 18 at 10:28 PM |
 | Inovalon (INOV) Upgraded by TheStreet to "C" www.americanbankingnews.com - March 17 at 12:34 PM |
 | Inovalon (INOV) Downgraded by Morgan Stanley to "Underweight" www.americanbankingnews.com - March 15 at 12:58 AM |
 | Inovalon (INOV) Downgraded by ValuEngine to "Sell" www.americanbankingnews.com - March 14 at 11:22 PM |
 | Core Growth At Inovalon Slackening, Morgan Stanley Says In Downgrade finance.yahoo.com - March 14 at 6:41 PM |
 | Q3 2018 Earnings Estimate for Inovalon Holdings Inc Issued By KeyCorp (INOV) www.americanbankingnews.com - March 14 at 8:16 AM |
 | Inovalon Holdings Inc (INOV) Expected to Announce Quarterly Sales of $106.88 Million www.americanbankingnews.com - March 12 at 4:44 AM |
 | $0.06 Earnings Per Share Expected for Inovalon Holdings Inc (INOV) This Quarter www.americanbankingnews.com - March 10 at 3:22 PM |
 | Active-Investors: Wired News - Inovalon Inked an Agreement to Acquire ABILITY Network www.finanznachrichten.de - March 9 at 8:48 AM |
 | Wired News - Inovalon Inked an Agreement to Acquire ABILITY Network finance.yahoo.com - March 9 at 8:48 AM |
 | Inovalon to buy info tech firm for $1.2 bln, expands client base finance.yahoo.com - March 7 at 6:08 PM |
 | Inovalon to buy info tech firm for $1.2 billion, expands client base www.reuters.com - March 7 at 6:08 PM |
![[$$] Inovalon to Buy Ability Network for $1.2 Billion [$$] Inovalon to Buy Ability Network for $1.2 Billion](/images/news-sites/YahooFinance.jpg) | [$$] Inovalon to Buy Ability Network for $1.2 Billion finance.yahoo.com - March 7 at 6:08 PM |
 | Health IT firm Ability Network to be sold for $1.2B finance.yahoo.com - March 7 at 6:08 PM |
 | Inovalon Holdings Inc (INOV) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - March 7 at 2:02 PM |
 | Inovalon (INOV) Releases FY18 Earnings Guidance www.americanbankingnews.com - March 7 at 9:02 AM |
 | Inovalon to buy info tech firm Ability Network for $1.2 bln finance.yahoo.com - March 7 at 8:43 AM |
 | Inovalon enters $1.2B deal to acquire Minneapolis health IT company finance.yahoo.com - March 7 at 8:43 AM |
 | Baird Financial Group Inc. Invests $1.08 Million in Inovalon Holdings Inc (INOV) Stock www.americanbankingnews.com - March 5 at 4:59 AM |
 | Inovalon Holdings Inc (INOV) Stake Lifted by Citadel Advisors LLC www.americanbankingnews.com - March 1 at 9:00 AM |
 | Inovalon Holdings Inc (INOV) Position Increased by Senvest Management LLC www.americanbankingnews.com - February 26 at 11:36 AM |
 | Zacks Investment Research Upgrades Inovalon (INOV) to Hold www.americanbankingnews.com - February 24 at 3:50 PM |
 | Inovalon Holdings Inc (INOV) to Post Q2 2018 Earnings of $0.05 Per Share, KeyCorp Forecasts www.americanbankingnews.com - February 23 at 12:06 PM |
 | William Blair Weighs in on Inovalon Holdings Inc's Q2 2018 Earnings (INOV) www.americanbankingnews.com - February 23 at 12:06 PM |
 | $118.28 Million in Sales Expected for Inovalon Holdings Inc (INOV) This Quarter www.americanbankingnews.com - February 23 at 3:52 AM |
 | Wells Fargo & Co Trims Inovalon (INOV) Target Price to $14.00 www.americanbankingnews.com - February 21 at 3:46 PM |
 | Inovalon Holdings misses 4Q profit forecasts finance.yahoo.com - February 21 at 8:41 AM |
 | Inovalon (INOV) Issues Earnings Results www.americanbankingnews.com - February 20 at 9:14 PM |
 | Inovalon (INOV) Issues FY18 Earnings Guidance www.americanbankingnews.com - February 20 at 5:22 PM |
 | Inovalon Announces Fourth Quarter and Full Year 2017 Earnings Conference Call finance.yahoo.com - February 14 at 9:41 AM |
 | Inovalon (INOV) Scheduled to Post Earnings on Tuesday www.americanbankingnews.com - February 13 at 2:56 AM |
 | Inovalon Holdings Inc (INOV) Given Consensus Rating of "Hold" by Brokerages www.americanbankingnews.com - February 10 at 11:40 AM |
 | Form 5 Inovalon Holdings, Inc. For: Dec 31 Filed by: Wychulis Robert A www.streetinsider.com - February 10 at 9:35 AM |
 | Head to Head Review: Qihoo 360 Technology (QIHU) & Inovalon (INOV) www.americanbankingnews.com - January 28 at 7:18 AM |
Inovalon (NASDAQ:INOV) SEC Filings
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Inovalon (NASDAQ:INOV) Income Statement, Balance Sheet and Cash Flow Statement
Inovalon (NASDAQ INOV) Stock Chart for Friday, April, 20, 2018
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