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

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

Allscripts Healthcare Solutions announced that its board has initiated a share repurchase plan on Thursday, August 2nd 2018, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 11.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

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

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

Allscripts Healthcare Solutions issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, January, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $450-455 million, compared to the consensus revenue estimate of $463.08 million.

7 equities research analysts have issued 12 month target prices for Allscripts Healthcare Solutions' stock. Their forecasts range from $10.00 to $13.00. On average, they expect Allscripts Healthcare Solutions' stock price to reach $11.71 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets 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.

Media stories about MDRX stock have trended somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Allscripts Healthcare Solutions earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Allscripts Healthcare Solutions.

Allscripts Healthcare Solutions saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 26,550,000 shares, an increase of 16.8% from the November 28th total of 22,730,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is currently 14.7 days. Currently, 16.7% of the company's stock are short sold. View Allscripts Healthcare Solutions' Current Options Chain.

Some companies that are related to Allscripts Healthcare Solutions include Cerner (CERN), Omnicell (OMCL), HMS (HMSY), Cortexyme (CRTX), HealthStream (HSTM), Vocera Communications (VCRA) and Computer Programs & Systems (CPSI).

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

Allscripts Healthcare Solutions' stock is owned by a number of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.84%), Smith Graham & Co. Investment Advisors LP (0.59%), Campbell & CO Investment Adviser LLC (0.02%), State of Alaska Department of Revenue (0.02%), Janney Montgomery Scott LLC (0.01%) and Carroll Financial Associates Inc. (0.00%). 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.

MDRX stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Janney Montgomery Scott LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Allscripts Healthcare Solutions.

MDRX stock was purchased by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Campbell & CO Investment Adviser LLC and Carroll Financial Associates Inc.. 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.

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.

One share of MDRX stock can currently be purchased for approximately $9.16.

Allscripts Healthcare Solutions has a market capitalization of $1.49 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.

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

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]