NantHealth Inc. (NH): Analysis on the Earning Per Share

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NantHealth Inc. (NASDAQ:NH) changes shares on Monday trading session, with a change of 35.79% or $1.02 shares. The trading starts at $2.89 and closed at $2.85 throughout the day. The trading session low price was $2.80 and day high was $5.10 on Monday, June 15. After the session, the Healthcare sector daily volume shifted to 8.95 million while its average volume is 360.76K. In other hand, the NH market cap reached to $396.52M. While, its current target price is $3.87 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 37.72% and up 96.45% for month. Its quarterly performance was 182.48% above, while its half year performance is up 344.52%. NH yearly performance stood at positive 565.41% and rise 275.73% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NH EPS (TTM) for 12-month is -0.47. EPS for this year is 67.50%, while for the next year its value is -0.19. Its EPS Q/Q reached 54.80%. It has an EPS of 4.10% up for past five years.

Let’s take a look on the analyst recommendations on NH for the current month and previous month. For the current month, 2 of 2 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 1 analysts participate in stock recommendation. Out of 1, 0 rated it sell, 1 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $3.10-$3.50. Average target price for NH was reached at $3.30.

DG Capital Management, LLC, Vanguard Group, Inc. (The) and Renaissance Technologies, LLC are the top three holders in NantHealth Inc. (NH) stock. On Mar 30, 2020, DG Capital Management, LLC has 13.81 million shares which valued 21.97 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 1.31 million shares which valued at 2.08 million. On Mar 30, 2020, Renaissance Technologies, LLC has a total of 0.65 million shares which valued at 1.03 million. In the end, Renaissance Technologies, LLC have 0.59% shares outstanding of NantHealth Inc. (NH) on Mar 30, 2020. The insider ownership moved to 0.40% and institutional holding shifted to 15.90%.

The company posted an EPS (TTM) of -0.47. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.05, while -0.04 EPS posted a year ago period. Analyst Estimated EPS for NH published in the report was -0.06–0.05 during the same period. Comparing with last year, the average estimated EPS was -0.04 which is higher than -0.06 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NH rise 166.53% for period of 200 days. SMA for 50 days was 64.09% which is showing green signal, while SMA-20 was 45.42%. The moving average value for NantHealth Inc. (NH) is 1.8029 and 2.6419 for 200 and 50 days respectively.