NASDAQ:MDRXAllscripts Healthcare Solutions Stock Price, Forecast & News

Allscripts Healthcare Solutions' stock was trading at $6.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MDRX stock has increased by 1.7% and is now trading at $6.42. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Allscripts Healthcare Solutions in the last year. There are currently 2 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Allscripts Healthcare Solutions.

Allscripts Healthcare Solutions is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Allscripts Healthcare Solutions.

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) announced its earnings results on Thursday, May, 7th. The software maker reported $0.09 EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.06. The software maker earned $416.70 million during the quarter, compared to analyst estimates of $421.14 million. Allscripts Healthcare Solutions had a negative net margin of 11.10% and a positive return on equity of 4.98%. The business's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. View Allscripts Healthcare Solutions' earnings history.

Allscripts Healthcare Solutions announced that its board has authorized a stock repurchase program 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 repurchase up to 11.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its stock is undervalued.

Allscripts Healthcare Solutions updated its first quarter 2020 After-Hours earnings guidance on Monday, March, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $420-430 million, compared to the consensus revenue estimate of $450.84 million.

13 brokers have issued 12-month price objectives for Allscripts Healthcare Solutions' shares. Their forecasts range from $6.00 to $13.00. On average, they anticipate Allscripts Healthcare Solutions' stock price to reach $8.65 in the next twelve months. This suggests a possible upside of 34.8% from the stock's current price. View analysts' price targets for Allscripts Healthcare Solutions.

Headlines about MDRX stock have trended extremely negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Allscripts Healthcare Solutions earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutAllscripts Healthcare Solutions.

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). View all competitors.

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), CVS Health (CVS), Ford Motor (F), Intel (INTC), Nuance Communications (NUAN) and Oasis Petroleum (OAS).

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

Allscripts Healthcare Solutions' stock is owned by many different institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (4.49%), State Street Corp (3.38%), Fisher Asset Management LLC (3.29%), Silvercrest Asset Management Group LLC (2.78%), Geode Capital Management LLC (1.79%) and Invesco Ltd. (1.27%). 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 New York State Common Retirement Fund, Penn Capital Management Co. Inc., Fuller & Thaler Asset Management Inc., Balyasny Asset Management LLC, AXA, Principal Financial Group Inc., Rothschild & Co. Asset Management US Inc., and UBS Group AG. Company insiders that have sold Allscripts Healthcare Solutions company stock in the last year include Brian Farley, and Dennis Olis. View insider buying and selling activity for Allscripts Healthcare Solutions.

MDRX stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Invesco Ltd., Two Sigma Investments LP, Deutsche Bank AG, State Street Corp, Creative Planning, Paradigm Capital Management Inc. NY, and AJO LP. Company insiders that have bought Allscripts Healthcare Solutions stock in the last two years include Mara G Aspinall, Michael Klayko, Paul Black, Richard J Poulton, and Yancey L Spruill. View insider buying and selling activity 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 $6.42.

Allscripts Healthcare Solutions has a market capitalization of $1.04 billion and generates $1.77 billion in revenue each year. The software maker earns $-182,180,000.00 in net income (profit) each year or $0.47 on an earnings per share basis. Allscripts Healthcare Solutions employs 9,600 workers across the globe.

The official website for Allscripts Healthcare Solutions is 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]