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.

Many analysts weighed in on price targets for INOV. The maximum price target given was 13, which equates to a potential upside of 0 percent. The minimum price target given was 7, which equates to a potential downside 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -6.25 percent if we expand the time horizon to include the past 3 months instead of just one. 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 made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

INOV has an estimated earnings growth rate of 43.32 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of INOV is 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 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.