U.S. Markets closed

eHealth (EHTH) in Focus: Stock Tumbles 13.1%

Zacks Equity Research

eHealth, Inc. (EHTH) saw a big move last session, as the company’s shares fell by over 13% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for EHTH as the stock is now up around 1.7% in the past one-month time frame.

This insurance broking company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. There has been no upward or downward revision and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

EHTH currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.

Some better-ranked stocks in the Insurance sector include Aon plc (AON), Blue Capital Reinsurance Holdings Ltd. (BCRH) and Cninsure Inc. (CISG). All the above stocks currently carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


EHEALTH INC (EHTH): Free Stock Analysis Report

Zacks Investment Research