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 maximum price target given was 13, which equates to a potential upside of 0 percent. The most pessimistic analyst gave a price target of 7, implying a possible loss of -46.15 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.25 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Another thing investors often look at is the level of agreement among analysts' 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. INOV has a PEG ratio of 1.63.

In the trailing 52-weeks, INOV hit 19.40 at the highest peak, while it's lowest trading point was 8.60. The current market price is above the trailing year's low by 51.16 percent, and below the high by 32.99 percent. 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.