S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NASDAQ:NXGN

NextGen Healthcare - NXGN Stock Forecast, Price & News

$17.49
+0.46 (+2.70%)
(As of 08/5/2022 08:49 PM ET)
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Compare
Today's Range
$16.74
$17.52
50-Day Range
$16.28
$18.71
52-Week Range
$13.64
$21.87
Volume
253,200 shs
Average Volume
383,592 shs
Market Capitalization
$1.19 billion
P/E Ratio
1,750.75
Dividend Yield
N/A
Price Target
$24.00

NextGen Healthcare MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
37.2% Upside
$24.00 Price Target
Short Interest
Healthy
1.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of NextGen Healthcare in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$185,185 Sold Last Quarter
Proj. Earnings Growth
14.52%
From $0.62 to $0.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Medical Sector

336th out of 1,283 stocks

Computer Integrated Systems Design Industry

15th out of 45 stocks

NXGN stock logo

About NextGen Healthcare (NASDAQ:NXGN) Stock

NextGen Healthcare, Inc. provides healthcare technology solutions in the United States. The company offers clinical care solutions, including NextGen Enterprise EHR; financial solutions, such as NextGen Enterprise PM; patient engagement solutions comprising NextGen Virtual Visits; integrated clinical care and financial solutions consisting of NextGen Office; interoperability solutions that include NextGen Share and Mirth Connect; data and analytics solutions, which comprise NextGen Health Data Hub; and value based care solutions, including NextGen Population Health Solutions. It also provides managed services, such as revenue cycle management services comprising billing and collections, electronic claims submission and denials management, electronic remittance and payment posting, and accounts receivable follow-up; and client and support services. Further, the company offers professional services consisting of training, project management, installation services, and application managed services; and consulting services that include physician, professional, and technical consulting; assisting clients to optimize their staffing and software solutions; enhancing financial and clinical outcomes; achieving regulatory requirements; and meeting the requirements of healthcare reform. It serves accountable care organizations, independent physician associations, managed service organizations, veterans service organizations, dental service organizations, ambulatory care centers, and community health centers through a direct sales force and reseller channel. The company was formerly known as Quality Systems, Inc. and changed its name to NextGen Healthcare, Inc. in September 2018. NextGen Healthcare, Inc. was incorporated in 1974 and is headquartered in Atlanta, Georgia.

Wall Street Analysts Forecast Growth

Separately, Guggenheim upgraded shares of NextGen Healthcare from a "neutral" rating to a "buy" rating and set a $26.00 price target on the stock in a report on Friday, May 6th.

NextGen Healthcare Stock Performance

NextGen Healthcare stock opened at $17.49 on Monday. The firm's 50 day moving average price is $17.58 and its two-hundred day moving average price is $18.90. NextGen Healthcare has a twelve month low of $13.64 and a twelve month high of $21.87. The firm has a market cap of $1.19 billion, a PE ratio of 1,750.75 and a beta of 1.07.

NextGen Healthcare (NASDAQ:NXGN - Get Rating) last posted its quarterly earnings data on Tuesday, May 17th. The company reported $0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.10. The business had revenue of $151.26 million during the quarter, compared to the consensus estimate of $150.07 million. NextGen Healthcare had a negative net margin of 0.01% and a positive return on equity of 8.20%. NextGen Healthcare's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. Equities analysts anticipate that NextGen Healthcare will post 0.62 EPS for the current fiscal year.

Insider Buying and Selling at NextGen Healthcare

In other NextGen Healthcare news, Director Craig A. Barbarosh sold 3,500 shares of the stock in a transaction on Friday, July 1st. The shares were sold at an average price of $17.39, for a total value of $60,865.00. Following the completion of the sale, the director now directly owns 64,183 shares of the company's stock, valued at approximately $1,116,142.37. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders sold a total of 10,500 shares of company stock valued at $185,185 in the last ninety days. Company insiders own 4.50% of the company's stock.

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NXGN Stock News Headlines

NextGen Needs To Live Up To Its Name
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NXGN Company Calendar

Last Earnings
5/17/2022
Today
8/07/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:NXGN
Employees
2,655
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$24.00
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+37.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$1.62 million
Pretax Margin
0.45%

Debt

Sales & Book Value

Annual Sales
$596.35 million
Cash Flow
$1.32 per share
Book Value
$6.33 per share

Miscellaneous

Free Float
64,958,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.07














NXGN Stock - Frequently Asked Questions

Should I buy or sell NextGen Healthcare stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NextGen Healthcare stock.
View analyst ratings for NextGen Healthcare
or view top-rated stocks.

What is NextGen Healthcare's stock price forecast for 2022?

2 brokers have issued twelve-month price targets for NextGen Healthcare's stock. Their NXGN stock forecasts range from $22.00 to $26.00. On average, they expect NextGen Healthcare's share price to reach $24.00 in the next year. This suggests a possible upside of 37.2% from the stock's current price.
View analysts' price targets for NextGen Healthcare
or view top-rated stocks among Wall Street analysts.

How has NextGen Healthcare's stock price performed in 2022?

NextGen Healthcare's stock was trading at $17.79 at the start of the year. Since then, NXGN shares have decreased by 1.7% and is now trading at $17.49.
View the best growth stocks for 2022 here
.

When is NextGen Healthcare's next earnings date?

NextGen Healthcare is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for NextGen Healthcare
.

How were NextGen Healthcare's earnings last quarter?

NextGen Healthcare, Inc. (NASDAQ:NXGN) announced its quarterly earnings results on Tuesday, May, 17th. The company reported $0.10 EPS for the quarter, meeting analysts' consensus estimates of $0.10. The business earned $151.26 million during the quarter, compared to the consensus estimate of $150.07 million. NextGen Healthcare had a positive trailing twelve-month return on equity of 8.20% and a negative net margin of 0.01%. The business's revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.13 earnings per share.

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

NextGen Healthcare updated its FY 2023 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $0.92-$0.98 for the period, compared to the consensus EPS estimate of $0.98. The company issued revenue guidance of $621.00 million-$633.00 million, compared to the consensus revenue estimate of $634.04 million.

What is Rusty Frantz's approval rating as NextGen Healthcare's CEO?

248 employees have rated NextGen Healthcare CEO Rusty Frantz on Glassdoor.com. Rusty Frantz has an approval rating of 72% among NextGen Healthcare's employees.

What other stocks do shareholders of NextGen Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NextGen Healthcare investors own include Altria Group (MO), Verizon Communications (VZ), Exxon Mobil (XOM), Best Buy (BBY), Enbridge (ENB), Enterprise Products Partners (EPD), Huntington Bancshares (HBAN), Netflix (NFLX), Tapestry (TPR) and Twitter (TWTR).

What is NextGen Healthcare's stock symbol?

NextGen Healthcare trades on the NASDAQ under the ticker symbol "NXGN."

Who are NextGen Healthcare's major shareholders?

NextGen Healthcare's stock is owned by many different retail and institutional investors. Top institutional investors include Smith Graham & Co. Investment Advisors LP (1.00%), Assenagon Asset Management S.A. (0.74%), Seizert Capital Partners LLC (0.35%), State Board of Administration of Florida Retirement System (0.21%), New York State Teachers Retirement System (0.19%) and Russell Investments Group Ltd. (0.18%). Company insiders that own NextGen Healthcare stock include Craig A Barbarosh, David A Metcalfe, David Ahmadzai, David William Sides, Donna Cullen Greene, George H Bristol, James Robert Jr Arnold, Jeffrey D Linton, Jeffrey H Margolis, John R Frantz, Lance Rosenzweig, Mitchell Waters, Sean Brynjelsen and Srinivas S Velamoor.
View institutional ownership trends for NextGen Healthcare
.

How do I buy shares of NextGen Healthcare?

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

What is NextGen Healthcare's stock price today?

One share of NXGN stock can currently be purchased for approximately $17.49.

How much money does NextGen Healthcare make?

NextGen Healthcare (NASDAQ:NXGN) has a market capitalization of $1.19 billion and generates $596.35 million in revenue each year. The company earns $1.62 million in net income (profit) each year or $0.01 on an earnings per share basis.

How many employees does NextGen Healthcare have?

NextGen Healthcare employs 2,655 workers across the globe.

How can I contact NextGen Healthcare?

NextGen Healthcare's mailing address is 18111 Von Karman Avenue Suite 800, Irvine CA, 92612. The official website for NextGen Healthcare is www.nextgen.com. The company can be reached via phone at (404) 467-1500, via email at ir@nextgen.com, or via fax at 949-255-2605.

This page (NASDAQ:NXGN) was last updated on 8/8/2022 by MarketBeat.com Staff

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