Analyst Ratings for Inovalon Holdings Inc. Cl A (INOV)

Updated: 2017-07-28

An average rating of Underweight has been given to Inovalon Holdings Inc. Cl A (NASDAQ:INOV) by analysts covering the stock. About 30 days ago, INOV was issued an average rating of Underweight.

9 analysts issued ratings on the stock, where 0 gave INOV a buy rating, 0 issued an overweight rating, 6 issued a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

INOV was given price targets by several analysts. The most optimistic analyst gave a price target of 13, which equates to a potential upside of 0 percent. The most pessimistic price target was 7, implying potential capital losses of -46.15 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -6.25 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

INOV has an estimated earnings growth rate of 43.32 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. INOV has a PEG ratio of 1.63.

INOV has traded between a high of 19.40 and a low of 8.60 over the past year. Currently the stock is 51.16 percent higher than its low, and 32.99 percent below the high. INOV has a P/E ratio of 70.54. Investors typically compare the P/E ratio to a company's peers in the industry. The INOV value stock report compares INOV to some of its peers using value stock charts. The market cap of INOV is $1.85 billion. INOV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.