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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

Evolent Health (EVH) Competitors

$29.79
-0.15 (-0.50%)
(As of 02/22/2024 ET)

EVH vs. BL, IRDM, AYX, SPT, RPD, ITRI, CAMT, ACLS, SANM, and NCNO

Should you be buying Evolent Health stock or one of its competitors? The main competitors of Evolent Health include BlackLine (BL), Iridium Communications (IRDM), Alteryx (AYX), Sprout Social (SPT), Rapid7 (RPD), Itron (ITRI), Camtek (CAMT), Axcelis Technologies (ACLS), Sanmina (SANM), and nCino (NCNO). These companies are all part of the "computer and technology" sector.

Evolent Health vs.

Evolent Health (NYSE:EVH) and BlackLine (NASDAQ:BL) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, media sentiment, risk, community ranking, profitability, institutional ownership, analyst recommendations, earnings and valuation.

95.1% of BlackLine shares are held by institutional investors. 3.3% of Evolent Health shares are held by company insiders. Comparatively, 9.9% of BlackLine shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, BlackLine had 3 more articles in the media than Evolent Health. MarketBeat recorded 14 mentions for BlackLine and 11 mentions for Evolent Health. Evolent Health's average media sentiment score of 1.08 beat BlackLine's score of 0.58 indicating that Evolent Health is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Evolent Health
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
BlackLine
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

BlackLine has lower revenue, but higher earnings than Evolent Health. BlackLine is trading at a lower price-to-earnings ratio than Evolent Health, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Evolent Health$1.35B2.53-$19.16M-$1.02-29.21
BlackLine$574.22M6.05$52.83M-$0.10-567.20

Evolent Health has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500. Comparatively, BlackLine has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.

Evolent Health presently has a consensus target price of $41.25, indicating a potential upside of 38.47%. BlackLine has a consensus target price of $60.90, indicating a potential upside of 7.37%. Given Evolent Health's stronger consensus rating and higher possible upside, research analysts plainly believe Evolent Health is more favorable than BlackLine.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Evolent Health
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
BlackLine
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

BlackLine has a net margin of -1.50% compared to Evolent Health's net margin of -5.08%. Evolent Health's return on equity of 4.83% beat BlackLine's return on equity.

Company Net Margins Return on Equity Return on Assets
Evolent Health-5.08% 4.83% 2.07%
BlackLine -1.50%2.44%0.21%

Evolent Health received 142 more outperform votes than BlackLine when rated by MarketBeat users. Likewise, 73.59% of users gave Evolent Health an outperform vote while only 63.80% of users gave BlackLine an outperform vote.

CompanyUnderperformOutperform
Evolent HealthOutperform Votes
535
73.59%
Underperform Votes
192
26.41%
BlackLineOutperform Votes
393
63.80%
Underperform Votes
223
36.20%

Summary

Evolent Health beats BlackLine on 11 of the 18 factors compared between the two stocks.


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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding EVH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EVH vs. The Competition

MetricEvolent HealthManagement services IndustryComputer SectorNYSE Exchange
Market Cap$3.42B$7.85B$19.27B$17.40B
Dividend YieldN/A3.06%2.77%3.57%
P/E Ratio-29.2112.29244.9923.20
Price / Sales2.5368.14526.415.28
Price / Cash20.8020.7431.4417.89
Price / Book3.4611.327.516.35
Net Income-$19.16M$228.67M$592.96M$869.26M
7 Day Performance-4.63%-2.05%-1.44%-1.01%
1 Month Performance-3.69%-3.16%2.80%1.78%
1 Year Performance-5.67%-5.00%12.96%76.53%

Evolent Health Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BL
BlackLine
3.0992 of 5 stars
$57.45
-0.3%
$60.90
+6.0%
-20.6%$3.52B$590M-574.501,814Gap Down
IRDM
Iridium Communications
4.1616 of 5 stars
$29.21
-3.1%
$54.40
+86.2%
-53.7%$3.58B$790.72M224.69658
AYX
Alteryx
3.5644 of 5 stars
$48.01
+0.3%
$47.75
-0.5%
-28.3%$3.47B$970M-18.472,300Positive News
SPT
Sprout Social
0.7179 of 5 stars
$64.48
-0.3%
$69.54
+7.8%
+2.0%$3.61B$253.83M-60.831,141Analyst Report
News Coverage
High Trading Volume
RPD
Rapid7
1.8674 of 5 stars
$58.91
-1.5%
$56.20
-4.6%
+13.7%$3.62B$777.71M-23.472,623Positive News
ITRI
Itron
4.1214 of 5 stars
$75.40
-1.4%
$75.27
-0.2%
+36.0%$3.43B$1.80B46.265,477Upcoming Earnings
Insider Selling
Analyst Revision
CAMT
Camtek
1.1795 of 5 stars
$82.07
-6.5%
$66.14
-19.4%
+211.3%$3.66B$320.91M49.74446Earnings Report
Analyst Report
Gap Up
High Trading Volume
ACLS
Axcelis Technologies
4.8297 of 5 stars
$111.91
-4.2%
$176.43
+57.7%
-8.9%$3.67B$1.13B15.061,485Gap Up
SANM
Sanmina
4.0702 of 5 stars
$59.74
-0.4%
$45.00
-24.7%
+0.1%$3.39B$8.94B12.9034,000Positive News
NCNO
nCino
1.4924 of 5 stars
$29.97
+0.1%
$34.60
+15.4%
+5.1%$3.39B$408.32M-51.671,791Gap Down

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This page (NYSE:EVH) was last updated on 2/23/2024 by MarketBeat.com Staff