How to Buy Evolent Health Stock
Evolent Health Inc
Evolent Health is a health information service company located in Virginia, United States, which is part of the Healthcare sector, and is traded under the ticker EVH on the NYSE exchange.
Evolent Health stock last closed at $29.64, down 1.72% from the previous day, and has decreased 12.7% in one year. It has overperformed other stocks in the Health Information Services industry by 0.15 percentage points. Evolent Health stock is currently +27.05% from its 52-week low of $23.33, and -19.24% from its 52-week high of $36.70.
There are currently 115.43M shares of EVH outstanding. The market cap of EVH is $3.42B. In the last 24 hours, 710,339 EVH shares were traded.
How to Buy Evolent Health Stock
Wondering how to invest in Evolent Health stock? Here's how.
- Choose where to buy Evolent Health stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Evolent Health stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your details.
- Research Evolent Health stock: The Evolent Health ticker symbol is EVH. Is Evolent Health stock a good investment? Should you buy shares of EVH? How do EVH's underlying business fundamentals look? Do top analysts think Evolent Health is a good buy? Why has EVH's stock price moved recently? (Hint: Our stock market analysis website can help you understand if EVH is a good stock to buy).
- Place your EVH trade: Decide if you will purchase EVH shares at the current market price or use a limit order to buy EVH shares at a given price.
- Get notifications regarding your EVH position: Create a watchlist to key updates about your position in Evolent Health stock.
Step 1: Choose where to buy Evolent Health stock
You need an online brokerage account to access the NYSE market and buy EVH stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal info so you can invest in EVH stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on one of the most highly reviewed stock trading apps, you need to deposit funds:
Check out this video walkthrough to see the process of transferring money into your brokerage account.
Step 4: Research Evolent Health stock
After you have decided on the best place to buy Evolent Health stock, it's very important to research their stock prior to buying, so you truly comprehend the risk as well as the upside.
Evolent Health Metrics
EVH Zen Score
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on EVH's stock page.
Is EVH stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge EVH's fair value.
Using relative valuations methods:
- EVH could be undervalued based on its P/B ratio of 3.2x, relative to Health Information Services industry P/B ratio of 3.37x
You can access additional valuation research on EVH's stock here.
EVH Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the EVH balance sheet.
- EVH's operating cash flow of $142.58M allows it to safely service it's debt of $644.80M.
Negative Financial Indicators:
- EVH profit margin has gone down from -1.4% to -7.2% in the past year.
- Total EVH debt is higher than 5 years ago, relative to shareholder equity.
- EVH has a relatively high debt to equity ratio of 1.34.
- There are more long-term liabilities than short-term assets on the EVH balance sheet.
- EVH earnings of -$148.20M is not enough to cover its interest payments.
Is it a good time to buy Evolent Health stock, according to Wall Street analysts?
Out of 6 Equities analysts who monitor EVH, the consensus analyst rating on EVH is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest EVH Analyst Upgrades/Downgrades
Sandy Draper, a top 9% analyst from Truist Securities maintains EVH with a hold rating and lowers their EVH price target from $36.00 to $34.00, on Nov 14, 2023.
You can dive deeper into what analysts are projecting on the Evolent Health stock forecast page.
EVH Technical Indicators
How is EVH performing as a company?
Last year, EVH revenue was $1.96B. In the past five year, EVH's revenue has increased by 25.65% per year. This was faster than the Health Information Services industry average of 19.83%.
Dig into EVH's earnings and revenue performance here.
Who is buying/selling EVH?
In the past year, executives and large shareholders at EVH have sold more shares than they have bought.
John Paul Johnson, Chief Financial Officer of EVH, was the latest EVH insider to sell. They sold $310,378.20 worth of EVH shares on Mar 2, 2024.
Get more info about who owns EVH stock here.
Can I get consistent income from EVH stock?
No, Evolent Health doesn't provide an income stream by paying out dividends.
What others are saying about EVH
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your EVH trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open Trade button and your broker will place your order.
If you require more help with buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your EVH position
Now that you own some EVH shares, you'll want to stay up-to-date on your stock purchase.
Add EVH to a watchlist to keep track of your EVH stock.
EVH Feed
How to Buy Stock in Evolent Health
To reiterate, here are the 6 steps to buy Evolent Health stock:
- Choose where to buy Evolent Health stock
- Open a brokerage account
- Deposit money your investment account
- Research Evolent Health stock
- Place your EVH trade
- Get notifications regarding your EVH position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Evolent Health, get started below.
Other "How To" Guides You May Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.