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 of Directors has initiated a stock buyback plan on Thursday, August 2nd 2018, which permits the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 11.3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

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 analysts' expectations of $450.04 million. Allscripts Healthcare Solutions had a net margin of 12.00% and a return on equity of 5.98%. The business's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS. 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 updated its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, January, 14th. The company provided earnings per share (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 Wall Street analysts have issued 12 month price objectives for Allscripts Healthcare Solutions' stock. Their forecasts range from $10.00 to $13.00. On average, they anticipate Allscripts Healthcare Solutions' share price to reach $11.71 in the next twelve months. This suggests a possible upside of 30.4% 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.

Headlines about MDRX stock have been trending extremely positive this week, according to InfoTrie Sentiment Analysis. The research group 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 5.0 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Allscripts Healthcare Solutions.

Allscripts Healthcare Solutions saw a increase in short interest in 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 daily trading volume, of 1,810,000 shares, the short-interest ratio is currently 14.7 days. Currently, 16.7% of the shares of the company 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 variety of of institutional and retail investors. Top institutional shareholders 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%), Eqis Capital Management Inc. (0.01%) and Janney Montgomery Scott LLC (0.01%). 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 acquired by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP, Campbell & CO Investment Adviser LLC, Eqis Capital Management Inc. 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 $8.98.

Allscripts Healthcare Solutions has a market capitalization of $1.46 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]