Evolent Health Inc (EVH)

NYSE
Currency in USD
10.82
-0.36(-3.22%)
Real-time Data
EVH Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
10.8211.49
52 wk Range
10.5335.00
Key Statistics
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Prev. Close
11.18
Open
11.44
Day's Range
10.82-11.49
52 wk Range
10.53-35
Volume
1.23M
Average Volume (3m)
2.63M
1-Year Change
-64.49%
Book Value / Share
9.05
Fair Value
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Fair Value Upside
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EVH Scorecardpro icon
Company’s Health
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Fair Value
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Upsidepro lock
Price Target
23.15
Upside
+113.93%
Members' Sentiments
Bearish
Bullish
ProTips
Stock has taken a big hit over the last week
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Evolent Health Inc Company Profile

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.

Evolent Health Inc SWOT Analysis


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
Read full SWOT analysis

Evolent Health Inc Earnings Call Summary for Q2/2024

  • Q2 revenue exceeded expectations; full-year guidance raised to $2.56-$2.6B with adjusted EBITDA of $230-245M
  • Acquired Machinify Technology to enhance efficiency and product offerings; four new revenue agreements adding $70M+ in bookings
  • New rate agreements to add ~$60M in annualized revenue, with benefits starting Q3 2024
  • On track for $300M adjusted EBITDA run rate by end of 2024; cash flow from operations expected to exceed $150M for the year
  • Q3 projections: $615-635M revenue, $60-68M adjusted EBITDA; costs remain elevated but partially offset by rate increases
Last Updated: 2024-08-09, 01:44 p/m
Read Full Transcript

Compare EVH to Peers and Sector

Metrics to compare
EVH
Peers
Sector
Relationship
P/E Ratio
−12.5x−1.3x−0.6x
PEG Ratio
−1.010.010.00
Price/Book
1.3x1.3x2.6x
Price / LTM Sales
0.5x1.3x3.1x
Upside (Analyst Target)
75.1%24.1%55.2%
Fair Value Upside
Unlock32.0%9.8%Unlock

Analyst Ratings

14 Buy
1 Hold
0 Sell
Ratings:
15 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 23.15

(+113.93% Upside)

Earnings

Latest Release
Nov 7, 2024
EPS / Forecast
0.04 / 0.28
Revenue / Forecast
621.40M / 627.17M
EPS Revisions
Last 90 days

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FAQ

What Is the Evolent Health Inc (EVH) Stock Price Today?

The Evolent Health Inc stock price today is 10.82

What Stock Exchange Does Evolent Health Inc Trade On?

Evolent Health Inc is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Evolent Health Inc?

The stock symbol for Evolent Health Inc is "EVH."

What Is the Evolent Health Inc Market Cap?

As of today, Evolent Health Inc market cap is 1.27B.

What is Evolent Health Inc Earnings Per Share?

The Evolent Health Inc EPS is -0.912.

What Is the Next Evolent Health Inc Earnings Date?

Evolent Health Inc will release its next earnings report on Feb 19, 2025.

From a Technical Analysis Perspective, Is EVH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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