EHTH

eHealth, Inc.

Healthcare, Consumer


Presented:11/06/2013
Price:$40.44
Cap:$0.75B
Current Price:$4.50
Cap:$0.13B

Presented

Date11/06/2013
Price$40.44
Market Cap$0.75B
Ent Value$0.65B
P/E RatioN/A
Book Value$4.12
Div YieldN/A
Shares O/S18.42M
Ave Daily Vol210,000
Short Int5.65%

Current

Price$4.50
Market Cap$0.13B
eHealth, Inc. provides online private health insurance services for individuals, families, and small businesses in the United States. The company’s ecommerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase various health insurance plans. It offers a range of medical health insurance coverage plans, such as preferred provider organization, health maintenance organization and indemnity plans, Medicare plans, short-term medical insurance, student health insurance, and health savings account eligible health insurance plans, as well as ancillary plans comprising dental and vision insurance. The company’s customers access its ecommerce platforms through its Websites, including eHealth.com, eHealthInsurance.com, PlanPrescriber.com, and eHealthMedicare.com, as well as through a network of marketing partners. It also licenses its health insurance ecommerce technology, which enables health insurance carriers and agents to market and distribute health insurance plans online; and provides online sponsorship and advertising services. The company distributes its health insurance plans in 50 states and the District of Columbia. eHealth, Inc. was incorporated in 1997 and is headquartered in Mountain View, California.

Highlights

eHealth’s shares (EHTH) had a rough start to 2013, dropping from the mid-$20s to the mid-teens; since March, the stock is up 180%. The presenter attributed the dramatic advance to a transition from a highly shorted, value trap with depressed cash flow story to a high growth with huge total addressable market (TAM) opportunity. With the roll-out of health exchanges underway across the US, the TAM for EHTH could potentially triple, he said.

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