Evolent Health, Inc., through its subsidiary, Evolent Health LLC, provides health care delivery and payment solutions in the United States. The company operates as a managed services firm that supports health systems and physician organizations in migration toward value-based care and population health management. Its services include providing customers with a population management platform, integrated data and analytics capabilities, pharmacy benefit management services, and comprehensive health plan administration services. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Management services
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:EVH
CUSIPN/A
Phone571-389-6000
Debt
Debt-to-Equity Ratio0.12
Current Ratio2.88
Quick Ratio2.88
Price-To-Earnings
Trailing P/E Ratio-32.57
Forward P/E Ratio-69.09
P/E GrowthN/A
Sales & Book Value
Annual Sales$434.95 million
Price / Sales4.09
Cash FlowN/A
Price / CashN/A
Book Value$13.52 per share
Price / Book1.69
Profitability
EPS (Most Recent Fiscal Year)($0.70)
Net Income$-60,660,000.00
Net Margins-12.11%
Return on Equity-2.16%
Return on Assets-1.73%
Miscellaneous
Employees2,600
Outstanding Shares77,940,000
Market Cap$1,734.28
Evolent Health (NYSE:EVH) Frequently Asked Questions
What is Evolent Health's stock symbol?
Evolent Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVH."
How were Evolent Health's earnings last quarter?
Evolent Health Inc (NYSE:EVH) announced its quarterly earnings results on Wednesday, May, 9th. The technology company reported $0.02 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.04) by $0.06. The technology company had revenue of $139.70 million for the quarter, compared to analysts' expectations of $140.89 million. Evolent Health had a negative return on equity of 2.16% and a negative net margin of 12.11%. The company's revenue was up 31.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.14) earnings per share. View Evolent Health's Earnings History.
What price target have analysts set for EVH?
14 equities research analysts have issued 12 month price objectives for Evolent Health's shares. Their predictions range from $20.00 to $31.00. On average, they anticipate Evolent Health's share price to reach $26.5455 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Ratings for Evolent Health.
What is the consensus analysts' recommendation for Evolent Health?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evolent Health in the last year. There are currently 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Evolent Health stock?
Here are some recent quotes from research analysts about Evolent Health stock:
- 1. According to Zacks Investment Research, "Evolent Health, Inc. is involved in the healthcare delivery and payment markets. The company provides technology-enabled services platform for providers to transition their organization in value-based payment models. Evolent Health, Inc. is based in Arlington, Virginia. " (7/10/2018)
- 2. Cantor Fitzgerald analysts commented, "Health plan acquisitions. Over the past few months, EVH has announced two small health plan acquisitions that should help to grow its platform and operations revenue and add a new line of business. The acquisition of Premier in Dayton, OH, is somewhat more concerning for investors as the regulatory filings show that the plan is in a loss position. However, many provider-owned health plans typically show losses in regulatory filings. The company is expecting to receive better pricing from Premier and that it is not considering additional health plan acquisitions, at least in the near term. However, it will continue to use capital to align the company with customers. Note, our estimates do not yet reflect the health plan acquisitions." (12/3/2017)
Are investors shorting Evolent Health?
Evolent Health saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 10,640,881 shares, a drop of 22.8% from the May 15th total of 13,790,058 shares. Based on an average daily trading volume, of 824,221 shares, the short-interest ratio is currently 12.9 days. Approximately 15.0% of the shares of the stock are sold short. View Evolent Health's Current Options Chain.
Who are some of Evolent Health's key competitors?
Who are Evolent Health's key executives?
Evolent Health's management team includes the folowing people:
- Mr. Frank J. Williams, Co-Founder, CEO & Chairman (Age 51)
- Mr. Seth Blackley, Co-Founder, Pres & Director (Age 39)
- Mr. Thomas Peterson III, Co-Founder & COO (Age 48)
- Mr. Nicholas McGrane, Chief Financial Officer (Age 50)
- Ms. Lydia Stone, VP, Chief Accounting Officer & Controller (Age 42)
When did Evolent Health IPO?
(EVH) raised $150 million in an initial public offering (IPO) on Friday, June 5th 2015. The company issued 10,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and Goldman Sachs acted as the underwriters for the IPO and Wells Fargo Securities, William Blair, SunTrust Robinson Humphrey and Leerink Partners were co-managers.
Has Evolent Health been receiving favorable news coverage?
Media stories about EVH stock have been trending positive recently, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Evolent Health earned a coverage optimism score of 0.32 on Accern's scale. They also assigned news headlines about the technology company an impact score of 46.79 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Evolent Health's major shareholders?
Evolent Health's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (4.54%), Peregrine Capital Management LLC (1.22%), Baillie Gifford & Co. (1.11%), Lenox Wealth Advisors LLC (0.09%), Campbell & CO Investment Adviser LLC (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Evolent Health stock include Board Co Advisory, Chad Pomeroy, Cheryl Scott, Frank J Williams, Jonathan Weinberg, Kenneth A Samet, Michael D'amato, Nicholas Mcgrane, Seth Blackley, Steve Wigginton, Thomas Peterson III, Tpg Growth Ii Advisors, Inc, Unitedhealth Group Inc and Upmc. View Institutional Ownership Trends for Evolent Health.
Which institutional investors are selling Evolent Health stock?
EVH stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. Company insiders that have sold Evolent Health company stock in the last year include Cheryl Scott, Frank J Williams, Jonathan Weinberg, Seth Blackley, Steve Wigginton, Thomas Peterson III and Unitedhealth Group Inc. View Insider Buying and Selling for Evolent Health.
Which institutional investors are buying Evolent Health stock?
EVH stock was acquired by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Riverbridge Partners LLC, Lenox Wealth Advisors LLC, Campbell & CO Investment Adviser LLC and Fox Run Management L.L.C.. View Insider Buying and Selling for Evolent Health.
How do I buy shares of Evolent Health?
Shares of EVH 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 Evolent Health's stock price today?
One share of EVH stock can currently be purchased for approximately $22.80.
How big of a company is Evolent Health?
Evolent Health has a market capitalization of $1.73 billion and generates $434.95 million in revenue each year. The technology company earns $-60,660,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis. Evolent Health employs 2,600 workers across the globe.
How can I contact Evolent Health?
Evolent Health's mailing address is 800 NORTH GLEBE RD SUITE 500, ARLINGTON VA, 22203. The technology company can be reached via phone at 571-389-6000.
MarketBeat Community Rating for Evolent Health (NYSE EVH)
MarketBeat's community ratings are surveys of what our community members think about Evolent Health and other stocks. Vote "Outperform" if you believe EVH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EVH will underperform the S&P 500 over the long term. You may vote once every thirty days.
