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NASDAQ:MDRX - Allscripts Healthcare Solutions Stock Price, Forecast & News

$10.06
+0.04 (+0.40 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$9.98
Now: $10.06
$10.11
50-Day Range
$10.00
MA: $10.90
$11.62
52-Week Range
$8.54
Now: $10.06
$12.40
Volume2.23 million shs
Average Volume1.94 million shs
Market Capitalization$1.63 billion
P/E Ratio18.29
Dividend YieldN/A
Beta1.41
Allscripts Healthcare Solutions, Inc provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), connectivity, private cloud hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions. Read More…

Industry, Sector and Symbol

Industry Computer integrated systems design
Sub-IndustryHealth Care Technology
SectorMedical
Current SymbolNASDAQ:MDRX
CUSIP01988P10
Phone800-334-8534

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$1.62 per share
Book Value$9.05 per share

Profitability

Net Income$412.33 million

Miscellaneous

Employees9,500
Market Cap$1.63 billion
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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Allscripts Healthcare Solutions (NASDAQ:MDRX) Frequently Asked Questions

What is Allscripts Healthcare Solutions' stock symbol?

Allscripts Healthcare Solutions trades on the NASDAQ under the ticker symbol "MDRX."

How will Allscripts Healthcare Solutions' stock buyback program work?

Allscripts Healthcare Solutions declared that its board has authorized a share buyback program on Thursday, August 2nd 2018, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 11.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Allscripts Healthcare Solutions' earnings last quarter?

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) released its quarterly earnings results on Monday, November, 4th. The software maker reported $0.17 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.17. The software maker earned $445 million during the quarter, compared to analyst estimates of $450.04 million. Allscripts Healthcare Solutions had a net margin of 12.00% and a return on equity of 5.98%. The company's revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.18 earnings per share. View Allscripts Healthcare Solutions' Earnings History.

When is Allscripts Healthcare Solutions' next earnings date?

Allscripts Healthcare Solutions is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Allscripts Healthcare Solutions.

What guidance has Allscripts Healthcare Solutions issued on next quarter's earnings?

Allscripts Healthcare Solutions issued an update on its FY19 earnings guidance on Monday, November, 4th. The company provided earnings per share guidance of $0.67-$0.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68.

What price target have analysts set for MDRX?

7 Wall Street analysts have issued 1 year price targets for Allscripts Healthcare Solutions' stock. Their forecasts range from $10.00 to $13.00. On average, they anticipate Allscripts Healthcare Solutions' stock price to reach $11.71 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Allscripts Healthcare Solutions.

What is the consensus analysts' recommendation for Allscripts Healthcare Solutions?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allscripts Healthcare Solutions in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Allscripts Healthcare Solutions.

What are Wall Street analysts saying about Allscripts Healthcare Solutions stock?

Here are some recent quotes from research analysts about Allscripts Healthcare Solutions stock:
  • 1. According to Zacks Investment Research, "Allscripts ended the third quarter on a mixed note. The company continues to gain from the core Client Services unit, which displayed an improved performance in the quarter. Significant growth in third-quarter bookings also buoys optimism. The company continues to maintain momentum in its Provider business on the back of key client wins across solution set. The company is confident about its near and long-term outlook as it anticipates to benefit from a number of differentiated growth opportunities in both Provider and Veradigm businesses. However, the company witnessed a contraction in both gross and operating margins in the third quarter. It is also exposed to integration risks. Intense competition in the niche space is an added concern. Over the past year, Allscripts has underperformed its industry." (12/3/2019)
  • 2. Cantor Fitzgerald analysts commented, ". We reiterate our Neutral rating on MDRX shares and maintain our price target at $10, After the market close on Thursday, May 2, MDRX reported 1Q19 results, with revenue slightly below our estimate. 1Q19 bookings increased 9% y/y. MDRX reiterated its 2019 guidance for non-GAAP EPS and bookings. The company continues its policy of not providing full year revenue guidance, but provided 2Q19 revenue guidance, which was below our estimate but in line with FactSet consensus. We note the company had previously provided a modest three-year CAGR outlook." (5/2/2019)

Has Allscripts Healthcare Solutions been receiving favorable news coverage?

News headlines about MDRX stock have been trending very negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Allscripts Healthcare Solutions earned a coverage optimism score of -3.6 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Allscripts Healthcare Solutions.

Who are some of Allscripts Healthcare Solutions' key competitors?

What other stocks do shareholders of Allscripts Healthcare Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Allscripts Healthcare Solutions investors own include Advanced Micro Devices (AMD), Netflix (NFLX), Starbucks (SBUX), Walgreens Boots Alliance (WBA), Activision Blizzard (ATVI), AK Steel (AKS), Ford Motor (F), Oasis Petroleum (OAS), American Airlines Group (AAL) and Autodesk (ADSK).

Who are Allscripts Healthcare Solutions' key executives?

Allscripts Healthcare Solutions' management team includes the folowing people:
  • Mr. Paul M. Black, CEO & Director (Age 61)
  • Mr. Richard J. Poulton, Pres (Age 54)
  • Mr. Dennis M. Olis, Chief Financial Officer (Age 56)
  • Mr. Brian P. Farley, Exec. VP, Gen. Counsel, Corp. Sec. & Chief Admin. Officer (Age 49)
  • Ms. Lisa Khorey, Exec. VP & Chief Client Delivery Officer (Age 52)

Who are Allscripts Healthcare Solutions' major shareholders?

Allscripts Healthcare Solutions' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (3.31%), Fisher Asset Management LLC (2.79%), Tamarack Advisers LP (2.54%), Peregrine Capital Management LLC (0.83%), Russell Investments Group Ltd. (0.65%) and Hennessy Advisors Inc. (0.58%). Company insiders that own Allscripts Healthcare Solutions stock include Brian Farley, Dennis Olis, Mara G Aspinall, Michael Klayko, Paul Black, Richard J Poulton and Yancey L Spruill. View Institutional Ownership Trends for Allscripts Healthcare Solutions.

Which major investors are selling Allscripts Healthcare Solutions stock?

MDRX stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, State Street Corp, Hennessy Advisors Inc., Systematic Financial Management LP, First Quadrant L P CA, First Trust Advisors LP, Adirondack Research & Management Inc. and Prentiss Smith & Co. Inc.. Company insiders that have sold Allscripts Healthcare Solutions company stock in the last year include Brian Farley and Richard J Poulton. View Insider Buying and Selling for Allscripts Healthcare Solutions.

Which major investors are buying Allscripts Healthcare Solutions stock?

MDRX stock was acquired by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Tamarack Advisers LP, Fisher Asset Management LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Public Employees Retirement System of Ohio, North Star Asset Management Inc. and Zeke Capital Advisors LLC. Company insiders that have bought Allscripts Healthcare Solutions stock in the last two years include Mara G Aspinall, Michael Klayko, Paul Black and Yancey L Spruill. View Insider Buying and Selling for Allscripts Healthcare Solutions.

How do I buy shares of Allscripts Healthcare Solutions?

Shares of MDRX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Allscripts Healthcare Solutions' stock price today?

One share of MDRX stock can currently be purchased for approximately $10.06.

How big of a company is Allscripts Healthcare Solutions?

Allscripts Healthcare Solutions has a market capitalization of $1.63 billion and generates $1.75 billion in revenue each year. The software maker earns $412.33 million in net income (profit) each year or $0.55 on an earnings per share basis. Allscripts Healthcare Solutions employs 9,500 workers across the globe.View Additional Information About Allscripts Healthcare Solutions.

What is Allscripts Healthcare Solutions' official website?

The official website for Allscripts Healthcare Solutions is http://www.allscripts.com/.

How can I contact Allscripts Healthcare Solutions?

Allscripts Healthcare Solutions' mailing address is 222 MERCHANDISE MART PLAZA SUITE 2024, CHICAGO IL, 60654. The software maker can be reached via phone at 800-334-8534 or via email at [email protected]


MarketBeat Community Rating for Allscripts Healthcare Solutions (NASDAQ MDRX)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  593 (Vote Outperform)
Underperform Votes:  628 (Vote Underperform)
Total Votes:  1,221
MarketBeat's community ratings are surveys of what our community members think about Allscripts Healthcare Solutions and other stocks. Vote "Outperform" if you believe MDRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/7/2019 by MarketBeat.com Staff

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