Change Healthcare (CHNG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $27.49 to $27.49
• 50-Day Range: $24.57 to $27.49
• 52-Week Range: $18.97 to $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
• Consensus Rating: N/A

CHNG Stock Analysis - Frequently Asked Questions

How were Change Healthcare's earnings last quarter?

Change Healthcare Inc. (NASDAQ:CHNG) posted its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.03. The firm's quarterly revenue was up 6.8% compared to the same quarter last year.

When did Change Healthcare IPO?

Change Healthcare (CHNG) raised $751 million in an initial public offering (IPO) on Thursday, June 27th 2019. The company issued 42,900,000 shares at a price of $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 acted 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.

What other stocks do shareholders of Change Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Change Healthcare investors own include NVIDIA (NVDA), Meta Platforms (META), Alibaba Group (BABA), Micron Technology (MU), Roku (ROKU) and Docusign (DOCU).

Company Calendar

• Last Earnings: 11/02/2021
• Today: 7/19/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Data Processing & Preparation
• Sub-Industry: N/A
• Current Symbol: NASDAQ:CHNG
• CIK: 1756497
• Web: www.changehealthcare.com
• Phone: (615) 932-3000
• Fax: N/A
• Employees: 14,000
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 26.18
• P/E Growth: 3.26
• Net Income: -$57.39 million
• Net Margins: -2.20%
• Pretax Margin: -3.61%
• Return on Equity: 12.02%
• Return on Assets: 4.00%

Debt

• Debt-to-Equity Ratio: 1.36
• Current Ratio: 1.23
• Quick Ratio: 1.23

Sales & Book Value

• Annual Sales: $3.48 billion
• Price / Sales: 2.59
• Cash Flow: $3.64 per share
• Price / Cash Flow: 7.55
• Book Value: $10.50 per share
• Price / Book: 2.62

Miscellaneous

• Outstanding Shares: 328,309,000
• Free Float: 321,283,000
• Market Cap: $9.03 billion
• Optionable: Not Optionable
• Beta: 0.85