Evolent Health, Inc., through its subsidiary, Evolent Health LLC, offers specialty care management services in oncology, cardiology, and musculoskeletal markets in the United States. The company provides platform for health plan administration and value-based business infrastructure. It offers administrative services, such as health plan services, pharmacy benefits management, risk management, analytics and reporting, and leadership and management; and Identifi, a proprietary technology system that aggregates and analyzes data, manages care workflows, and engages patients. In addition, the company provides holistic total cost of care management. Evolent Health, Inc. was founded in 2011 and is headquartered in Arlington, Virginia.
Revenue Surge | Evolent Health reports impressive 37.9% year-over-year revenue growth, showcasing strong market demand for its healthcare technology solutions |
Strategic Acquisitions | Explore how Evolent's Machinify acquisition enhances AI-driven efficiencies, potentially leading to significant cost savings and improved margins |
Market Challenges | Delve into Evolent's navigation of Medicaid redeterminations and elevated medical costs, and their potential impact on the company's financial outlook |
Analyst Optimism | Learn about the bullish analyst consensus, with price targets ranging from $31 to $45, suggesting significant upside potential for Evolent Health |
Metrics to compare | EVH | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipEVHPeersSector | |
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P/E Ratio | −12.5x | −1.3x | −0.6x | |
PEG Ratio | −1.01 | 0.01 | 0.00 | |
Price/Book | 1.3x | 1.3x | 2.6x | |
Price / LTM Sales | 0.5x | 1.3x | 3.1x | |
Upside (Analyst Target) | 75.1% | 24.1% | 55.2% | |
Fair Value Upside | Unlock | 32.0% | 9.8% | Unlock |