Evolent Health Stock Price, News & Analysis (NYSE:EVH)

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

Evolent Health Inc (NYSE:EVH) announced its quarterly earnings results on Tuesday, August, 6th. The technology company reported ($0.26) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.29) by $0.03. The technology company earned $192 million during the quarter, compared to the consensus estimate of $192.51 million. Evolent Health had a negative return on equity of 6.47% and a negative net margin of 14.67%. Evolent Health's revenue for the quarter was up 33.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.03) earnings per share. View Evolent Health's Earnings History.

Evolent Health is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Evolent Health.

6 Wall Street analysts have issued twelve-month target prices for Evolent Health's stock. Their predictions range from $10.00 to $21.50. On average, they expect Evolent Health's share price to reach $16.75 in the next twelve months. This suggests a possible upside of 124.5% from the stock's current price. View Analyst Price Targets for Evolent Health.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evolent Health in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evolent Health.

News stories about EVH stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Evolent Health earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Evolent 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).

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), Aegean Marine Petroleum Network (ANW), Advanced Micro Devices (AMD), Mobileye (MBBYF), Micron Technology (MU) and NVIDIA (NVDA).

(EVH) raised $150 million in an initial public offering on Friday, June 5th 2015. The company issued 10,000,000 shares at $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's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (4.06%), Peregrine Capital Management LLC (1.81%) and Envestnet Asset Management Inc. (0.11%). 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, Thomas Peterson III and Unitedhealth Group Inc. View Institutional Ownership Trends for Evolent Health.

EVH stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View Insider Buying and Selling for Evolent Health.

EVH stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Riverbridge Partners LLC. Company insiders that have bought Evolent Health stock in the last two years include Doug S Aron, Kenneth A Samet and Michael D'amato. View Insider Buying and Selling 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 $7.46.

Evolent Health has a market capitalization of $630.52 million and generates $627.06 million in revenue each year. The technology company earns $-52,660,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis. Evolent Health employs 3,800 workers across the globe.View Additional Information About Evolent Health.

The official website for Evolent Health is http://www.evolenthealth.com/.

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.