Shares of eHealth, Inc. (NASDAQ:EHTH) currently have an average target price of $114.67. This is the consensus number using estimates provided by polled analysts. Street analysts often give price target projections on stocks that they track. Price target projections can be calculated using a variety of methods. Many investors will follow stock target prices, especially when analysts make revisions. A thorough research report will typically provide detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the information to assist with their own stock analysis.
Although the investing process is fairly straightforward, securing consistent returns in the stock market is not easy. Throwing hard earned money at un-researched investments can eventually lead the investor down the road to ruin. Every individual investor may have different goals when starting out. Aligning these goals with a specific plan can create a solid foundation for the future. Nobody can predict what the future will hold, but being aware of market conditions can be a great asset when attempting to navigate the terrain while mitigating risk. Once the vision of the individual investor is clear, the road to sustaining profits may be much easier to travel.
Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of eHealth, Inc. (NASDAQ:EHTH) is presently 1.71. Out of the covering analysts polled by Zacks Research, 5 have put a Strong Buy or Buy rating on the stock.
As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at -0.6 for shares of eHealth, Inc. (NASDAQ:EHTH). The number consists of estimates provided by 4 contributing analysts. For the last reporting period, the company posted a quarterly EPS of 0.1. The consensus estimate for last quarter before the earnings report was -0.41. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 1.99. This consensus estimate includes 4 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 1.32. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 1.92.
Checking in on stock price activity for eHealth, Inc. (NASDAQ:EHTH), we have recently seen shares trading near the $73.63 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $110.32, and the 52-week low is presently $26.83. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of -3.89%. Going back to the start of the calendar year, we can see that shares have moved 87.77%. Pulling the focus closer to the past 4 weeks, shares have seen a change of -34.39%. Over the past 5 trading days, the stock has moved -7.97%.
As company earnings reports continue to roll in, investors will be watching to see which companies hit their numbers for the last reporting period. Investors will also be watching which sectors are reporting the best earnings numbers. A positive overall earnings season could mean that the stock market could keep climbing. Many investors may be cautious with the market trading at current levels. Even though the gloom and doom prognosticators are out in full force, investors have to do the research and decide for themselves which way they believe the market will move in the next couple of months.
