Published on 7 Apr 2024 on Simply Wall St. via Yahoo Finance
Evolent Health, Inc. (NYSE:EVH) shareholders might be concerned after seeing the share price drop 12% in the last month. But that scarcely detracts from the really solid long term returns generated by the company over five years. Indeed, the share price is up an impressive 134% in that time. To some, the recent pullback wouldn't be surprising after such a fast rise. The more important question is whether the stock is too cheap or too expensive today.
Since the long term performance has been good but there's been a recent pullback of 7.4%, let's check if the fundamentals match the share price.
See our latest analysis for Evolent Health