NASDAQ:INOV - Inovalon Stock Price, News, & Analysis

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$14.13 +0.28 (+2.02 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$14.13
Today's Range$13.59 - $14.23
52-Week Range$9.19 - $15.57
Volume546,031 shs
Average Volume523,890 shs
Market Capitalization$2.17 billion
P/E Ratio78.50
Dividend YieldN/A
Beta0.71
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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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:INOV
CUSIPN/A
Phone301-809-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$527.68 million
Cash Flow$0.8297 per share
Book Value$4.37 per share

Profitability

Net Income$-39,160,000.00

Miscellaneous

Employees2,499
Market Cap$2.17 billion
Next Earnings Date8/7/2019 (Estimated)
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) issued its quarterly earnings data on Wednesday, May, 1st. The technology company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. The technology company earned $145.50 million during the quarter, compared to the consensus estimate of $143.75 million. Inovalon had a positive return on equity of 6.43% and a negative net margin of 5.28%. The company's quarterly revenue was up 56.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.04) earnings per share. View Inovalon's Earnings History.

When is Inovalon's next earnings date?

Inovalon is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Inovalon.

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

Inovalon issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of $0.42-0.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of $637-657 million, compared to the consensus revenue estimate of $632.95 million.Inovalon also updated its Q2 guidance to $0.09-0.11 EPS.

What price target have analysts set for INOV?

3 analysts have issued 1 year target prices for Inovalon's stock. Their forecasts range from $11.00 to $22.00. On average, they expect Inovalon's share price to reach $15.3333 in the next year. This suggests a possible upside of 8.5% 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?

Media coverage about INOV stock has been trending somewhat positive on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Inovalon earned a news impact score of 1.9 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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 ConforMIS (CFMS), OncoSec Medical (ONCS), Genworth Financial (GNW), AcelRx Pharmaceuticals (ACRX), Inovio Pharmaceuticals (INO), Opko Health (OPK), Alibaba Group (BABA), General Electric (GE), Agenus (AGEN) and Coeur Mining (CDE).

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 a number of of institutional and retail investors. Top institutional investors include FMR LLC (4.00%), BlackRock Inc. (3.30%), Neuberger Berman Group LLC (2.22%), Parametric Portfolio Associates LLC (0.67%), Northern Trust Corp (0.64%) and Geode Capital Management LLC (0.59%). Company insiders that own Inovalon stock include Jason Capitel, Keith R Dunleavy, Lee D Roberts, Robert A Wychulis and Shauna L Vernal. 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, Neuberger Berman Group LLC, Cowen Prime Services LLC, BlackRock Inc., Parametric Portfolio Associates LLC, Riverbridge Partners LLC, Morgan Stanley and Isthmus Partners LLC. View Insider Buying and Selling for Inovalon.

Which major investors are buying Inovalon stock?

INOV stock was purchased by a variety of institutional investors in the last quarter, including Cowen Prime Services LLC, Sawgrass Asset Management LLC, Geode Capital Management LLC, Wade G W & Inc., Penn Davis Mcfarland Inc., Tibra Equities Europe Ltd, JPMorgan Chase & Co. and California Public Employees Retirement System. 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 $14.13.

How big of a company is Inovalon?

Inovalon has a market capitalization of $2.17 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 2,499 workers across the globe.

What is Inovalon's official website?

The official website for Inovalon is http://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]


MarketBeat Community Rating for Inovalon (NASDAQ INOV)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  247 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  551
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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