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.

Several price targets were given for INOV by the analysts covering the stock. The most optimistic analyst gave a price target of 13, implying potential capital gains of 0 percent. The most pessimistic price target was 7, implying potential capital losses of -46.15 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -6.25 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of INOV's earnings is estimated by analysts to be 43.32 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of INOV is 1.63.

In the trailing 52-weeks, INOV hit 19.40 at the highest peak, while it's lowest trading point was 8.60. 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 stock has a market capitalization of $1.85 billion. INOV's next earnings release will be on 0000-00-00, which is days away.