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 highest price target 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of INOV is 1.63.

In the last 52-weeks, INOV has achieved a high of 19.40 and a low of 8.60. 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.