The stock of Evolent Health Inc (NYSE:EVH) is a huge mover today! About 258,054 shares traded hands. Evolent Health Inc (NYSE:EVH) has risen 148.62% since March 11, 2016 and is uptrending. It has outperformed by 143.17% the S&P500.
The move comes after 9 months negative chart setup for the $1.46B company. It was reported on Oct, 14 by Barchart.com. We have $22.66 PT which if reached, will make NYSE:EVH worth $102.20M less.
Analysts await Evolent Health Inc (NYSE:EVH) to report earnings on November, 3. They expect $-0.13 earnings per share, up 18.75% or $0.03 from last year’s $-0.16 per share. After $-0.25 actual earnings per share reported by Evolent Health Inc for the previous quarter, Wall Street now forecasts -48.00% EPS growth.
Evolent Health Inc (NYSE:EVH) Ratings Coverage
Out of 6 analysts covering Evolent Health (NYSE:EVH), 6 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Evolent Health has been the topic of 7 analyst reports since August 7, 2015 according to StockzIntelligence Inc. Canaccord Genuity initiated the shares of EVH in a report on Wednesday, January 6 with “Buy” rating. The stock of Evolent Health Inc (NYSE:EVH) has “Outperform” rating given on Friday, August 5 by FBR Capital. The stock has “Overweight” rating given by JP Morgan on Monday, March 14. The stock of Evolent Health Inc (NYSE:EVH) earned “Outperform” rating by FBR Capital on Tuesday, March 29. The stock of Evolent Health Inc (NYSE:EVH) earned “Buy” rating by Jefferies on Tuesday, July 26.
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.”
More notable recent Evolent Health Inc (NYSE:EVH) news were published by: Bizjournals.com which released: “Evolent Health completes acquisition of Chicago-based health care IT company …” on October 04, 2016, also Prnewswire.com with their article: “Evolent Health Completes Acquisition of Valence Health” published on October 03, 2016, Prnewswire.com published: “Evolent Health, Inc. Announces Pricing of Upsized Secondary Public Offering of …” on September 09, 2016. More interesting news about Evolent Health Inc (NYSE:EVH) were released by: Prnewswire.com and their article: “Evolent Health to Acquire Valence Health, Extending Breadth and Depth of Value …” published on July 13, 2016 as well as Prnewswire.com‘s news article titled: “Evolent Health, Inc. Announces Launch of Secondary Public Offering of Class A …” with publication date: September 06, 2016.
EVH Company Profile
Evolent Health, Inc., incorporated December 12, 2014, supports integrated health systems in their migration towards value care and population health management. The Company’s services include providing clients with a population management platform, integrated data and analytics capabilities, pharmacy benefit management (PBM) services and health plan administration services. Together these services enable health systems to manage patients’ health.
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