NYSE:EVHEvolent Health Stock Price, Forecast & News

Evolent Health's stock was trading at $6.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EVH shares have decreased by 10.5% and is now trading at $6.19. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evolent Health in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Evolent Health.

Evolent Health is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Evolent Health.

Evolent Health Inc (NYSE:EVH) posted its quarterly earnings results on Thursday, May, 7th. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by $0.01. The technology company earned $247.29 million during the quarter, compared to analyst estimates of $239.35 million. Evolent Health had a negative net margin of 37.17% and a negative return on equity of 6.09%. View Evolent Health's earnings history.

Evolent Health updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $236-247 million, compared to the consensus revenue estimate of $240.29 million.

10 Wall Street analysts have issued twelve-month price objectives for Evolent Health's shares. Their forecasts range from $8.00 to $18.00. On average, they anticipate Evolent Health's stock price to reach $13.42 in the next year. This suggests a possible upside of 116.7% from the stock's current price. View analysts' price targets for Evolent Health.

News coverage about EVH stock has trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Evolent Health earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutEvolent Health.

Some companies that are related to Evolent Health include R1 RCM (RCM), Franklin Covey (FC), Jupai (JP), PHI Group (PHIL) and Rainmaker Systems (VCTL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Evolent Health investors own include CA (CA), BlackRock (BLK), Universal Insurance (UVE), Endologix (ELGX), Chipotle Mexican Grill (CMG), Energy Transfer LP Unit (ET), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD) and Aegean Marine Petroleum Network (ANW).

(EVH) raised $150 million in an initial public offering 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.

Evolent Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVH."

Evolent Health's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (7.66%), BlackRock Inc. (6.71%), Eagle Asset Management Inc. (3.70%), Riverbridge Partners LLC (3.01%), Carillon Tower Advisers Inc. (2.94%) and Bank of New York Mellon Corp (2.33%). Company insiders that own Evolent Health stock include Cheryl Scott, Doug S Aron, Frank J Williams, Jonathan Weinberg, Kenneth A Samet, Lydia Stone, Michael D'amato, Seth Blackley and Thomas Peterson III. View institutional ownership trends for Evolent Health.

EVH stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Silvercrest Asset Management Group LLC, Riverbridge Partners LLC, Carillon Tower Advisers Inc., Eagle Asset Management Inc., Granahan Investment Management Inc. MA, and Pictet Asset Management Ltd.. View insider buying and selling activity for Evolent Health.

EVH stock was bought by a variety of institutional investors in the last quarter, including DC Investments Management LLC, Bank of New York Mellon Corp, State Street Corp, Rock Point Advisors LLC, JPMorgan Chase & Co., King Luther Capital Management Corp, Profit Investment Management LLC, and Two Sigma Advisers LP. Company insiders that have bought Evolent Health stock in the last two years include Doug S Aron, Kenneth A Samet, Michael D'amato, and Seth Blackley. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of EVH stock can currently be purchased for approximately $6.19.

Evolent Health has a market capitalization of $529.12 million and generates $846.38 million in revenue each year. The technology company earns $-301,970,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis. Evolent Health employs 3,400 workers across the globe.

The official website for Evolent Health is www.evolenthealth.com.

Evolent Health's mailing address is 800 NORTH GLEBE ROAD SUITE 500, ARLINGTON VA, 22203. The technology company can be reached via phone at 571-389-6000.