Free Trial
NASDAQ:CHNG

Change Healthcare (CHNG) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$27.49
$27.49
50-Day Range
$24.57
$27.49
52-Week Range
$18.97
$27.59
Volume
3 shs
Average Volume
3.70 million shs
Market Capitalization
$9.03 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Change Healthcare MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.60
Upright™ Environmental Score
News Sentiment
0.00mentions of Change Healthcare in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.10%
From $1.05 to $1.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.75 out of 5 stars

Medical Sector

837th out of 917 stocks

Data Processing & Preparation Industry

56th out of 60 stocks

CHNG stock logo

About Change Healthcare Stock (NASDAQ:CHNG)

Change Healthcare Inc., an independent healthcare technology company, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system. It operates through three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment offers software and analytics solutions for revenue cycle management, provider network management, payment accuracy, clinical decision support, value-based payment, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. The Network Solutions segment provides solutions for financial, administrative, and clinical and pharmacy transactions; connected consumer health; network; electronic payments; data; pharmacy; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment offers solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company serves commercial insurers, private insurers, BlueCross Blue Shield plans, Medicare/Medicaid plans, provider-sponsored payers, third party administrators, emerging technology and data-driven health plans, and other specialty health benefits insurers, as well as hospitals and health systems, physician practices, dentists, pharmacies, skilled nursing facilities, home health agencies, telehealth providers, senior care facilities, laboratories, and other healthcare providers. Change Healthcare Inc. was incorporated in 2016 and is headquartered in Nashville, Tennessee.

CHNG Stock News Headlines

Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication
See More Headlines
Receive CHNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Change Healthcare and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/02/2021
Today
5/25/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Data Processing & Preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:CHNG
Fax
N/A
Employees
14,000
Year Founded
N/A

Profitability

Net Income
$-57,390,000.00
Pretax Margin
-3.61%

Debt

Sales & Book Value

Annual Sales
$3.48 billion
Cash Flow
$3.64 per share
Book Value
$10.50 per share

Miscellaneous

Free Float
321,283,000
Market Cap
$9.03 billion
Optionable
Not Optionable
Beta
0.85
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives


CHNG Stock Analysis - Frequently Asked Questions

How were Change Healthcare's earnings last quarter?

Change Healthcare Inc. (NASDAQ:CHNG) issued its earnings results on Tuesday, November, 2nd. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.03. The company had revenue of $826.80 million for the quarter, compared to analyst estimates of $833.09 million. Change Healthcare had a negative net margin of 2.20% and a positive trailing twelve-month return on equity of 12.02%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.28 earnings per share.

What is Neil de Crescenzo's approval rating as Change Healthcare's CEO?

404 employees have rated Change Healthcare Chief Executive Officer Neil de Crescenzo on Glassdoor.com. Neil de Crescenzo has an approval rating of 56% among the company's employees. This puts Neil de Crescenzo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Change Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Change Healthcare investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Pfizer (PFE), CrowdStrike (CRWD), DocuSign (DOCU), Advanced Micro Devices (AMD), CVS Health (CVS), Intel (INTC) and Roku (ROKU).

When did Change Healthcare IPO?

Change Healthcare (CHNG) raised $751 million in an IPO on Thursday, June 27th 2019. The company issued 42,900,000 shares at $16.00-$19.00 per share. Barclays, Goldman Sachs, J.P. Morgan, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank Securities, Morgan Stanley and RBC Capital Markets served as the underwriters for the IPO and Blackstone Capital Markets, Baird, Cantor, Cowen, First Liberties Financial, Guggenheim Securities, Piper Jaffray, SunTrust Robinson Humphrey, SVB Leerink, Wells Fargo Securities, William Blair, Drexel Hamilton and Siebert Cisneros Shank & Co. were co-managers.

This page (NASDAQ:CHNG) was last updated on 5/25/2024 by MarketBeat.com Staff

From Our Partners