WallStreetZenWallStreetZen

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 $34.07, up 14.44% from the previous day, and has decreased 2.43% in one year. It has overperformed other stocks in the Health Information Services industry by 0.17 percentage points. Evolent Health stock is currently +46.04% from its 52-week low of $23.33, and -7.17% from its 52-week high of $36.70.

There are currently 115.43M shares of EVH outstanding. The market cap of EVH is $3.93B. In the last 24 hours, 3.8M EVH shares were traded.

How to Buy Evolent Health Stock

Wondering how to invest in Evolent Health stock? Here's how.
  1. 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.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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 Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. 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.
  2. Enter your personal info to start your new trading account.
  1. Submit your application by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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 Price
$34.07
1w %
10.08%
1y %
-2.43%
5y %
133.68%
P/E
-26.62x
P/B
3.68x
P/S
1.93x
PEG
N/A
Revenue
$1.96B
Earnings
-$142.26M
Fore. Rev. Growth
14.47%
Fore. Earn. Growth
N/A
Market Cap
$3.93B
Next Earnings
N/A
Next Dividend
N/A

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 overvalued based on its P/B ratio of 3.68x, relative to Health Information Services industry P/B ratio of 3.56x

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 5 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.

You can dig deeper into what analysts are saying on the Evolent Health stock forecast page.

EVH Trading Indicators

SMA10
31.01
SMA20
30.48
SMA50
31.08
SMA100
29.29
SMA200
29.2
MACD
0.21
MACD Signal
-0.01
MACD Histogram
0.22
RSI
67.36
Stochastic %K
51.95
Stochastic %D
47.89
StochRSI %K
46.05
StochRSI %D
43.33

How is EVH performing as a company?

Last year, EVH revenue was $1.96B. In the past 5 year, EVH's revenue has grown by 25.65% per year. This was faster than the Health Information Services industry average of 21.97%.

You can analyze EVH's earnings and revenue performance here.

Who is buying/selling EVH?

In the last 12 months, insiders at EVH have sold more shares than they have bought.

Seth Blackley, Chief Executive Officer of EVH, was the latest EVH insider to sell. They sold $569,525.00 worth of EVH shares on Dec 5, 2023.

Dig into more about who owns EVH stock here.

Can I rely on EVH as an income stream?

No, Evolent Health doesn't provide an income stream by paying out dividends.

What do other traders have to say about EVH?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your EVH trade

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.

Press the Open button and eToro will execute your order.

If you want more info about buying stocks on eToro, watch the how to video below:

Open eToro Account

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 investment.

Put EVH on a watchlist to track your EVH stock.

EVH Feed

How to Buy Stock in Evolent Health

To summarize, here are the 6 steps you need to take to buy Evolent Health stock right now:

  1. Choose where to buy Evolent Health stock
  2. Open a brokerage account
  3. Deposit money your investment account
  4. Research Evolent Health stock
  5. Place your EVH trade
  6. Get notifications regarding your EVH position

If you are looking for a online brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Evolent Health, create a watchlist today.

NYSE: EVH
$34.07+4.30 (+14.44%)
Updated Feb 23, 2024
Open eToro Account
NYSE: EVH
$34.07+4.30 (+14.44%)
Updated Feb 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Evolent Health share?

As of Feb 23, 2024, it costs $34.07 to buy one share of Evolent Health stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.294 shares of EVH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Evolent Health stock?

According to 5 Wall Street analysts who monitor Evolent Health, their consensus recommendation is to buy Evolent Health stock.

What is the best way to buy Evolent Health stock?

One way to place an order for Evolent Health stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.