What Analysts Are Saying About Evolent Health Stock

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13 analysts have shared their evaluations of Evolent Health EVH during the recent three months, expressing a mix of bullish and bearish perspectives.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 7 1 0 0
Last 30D 0 1 0 0 0
1M Ago 3 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 2 3 1 0 0

Analysts have recently evaluated Evolent Health and provided 12-month price targets. The average target is $21.08, accompanied by a high estimate of $34.00 and a low estimate of $15.00. A decline of 32.39% from the prior average price target is evident in the current average.

price target chart

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Evolent Health is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Sean Dodge RBC Capital Lowers Outperform $17.00 $20.00
Jailendra Singh Truist Securities Lowers Buy $20.00 $24.00
Daniel Grosslight Citigroup Lowers Buy $18.00 $21.00
Constantine Davides JMP Securities Lowers Market Outperform $18.00 $27.00
Matthew Sheerin Needham Announces Buy $15.00 -
Anne Samuel JP Morgan Lowers Overweight $15.00 $45.00
Jeff Jones Oppenheimer Lowers Outperform $28.00 $34.00
Daniel Grosslight Citigroup Lowers Buy $21.00 $33.00
Sean Dodge RBC Capital Maintains Outperform $20.00 $20.00
Stephanie Davis Barclays Lowers Overweight $19.00 $39.00
Jeff Jones Oppenheimer Lowers Outperform $34.00 $45.00
Jeff Garro Stephens & Co. Announces Equal-Weight $16.00 -
Daniel Grosslight Citigroup Lowers Buy $33.00 $35.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Evolent Health. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Evolent Health compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Evolent Health's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Evolent Health's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Evolent Health analyst ratings.

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About Evolent Health

Evolent Health Inc is engaged in healthcare delivery and payment. The company supports health systems and physician organizations in their migration toward value-based care and population health management. It provides specialty care management services in oncology, cardiology, musculoskeletal markets and holistic total cost of care management along with an integrated platform for health plan administration and value-based business infrastructure under one go to market package. The primary solutions provided by the company include specialty care management services, total cost of care management, and administrative services.

Evolent Health's Economic Impact: An Analysis

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Over the 3 months period, Evolent Health showcased positive performance, achieving a revenue growth rate of 21.6% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.

Net Margin: Evolent Health's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -5.03% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Evolent Health's ROE stands out, surpassing industry averages. With an impressive ROE of -2.99%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Evolent Health's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -1.26% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: With a below-average debt-to-equity ratio of 0.61, Evolent Health adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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