NASDAQ:NXGN NextGen Healthcare (NXGN) Stock Forecast, Price & News $23.74 +0.01 (+0.04%) (As of 01:33 PM ET) Add Compare Share Share Today's Range$23.73▼$23.7550-Day Range$16.15▼$23.7552-Week Range$15.23▼$23.85Volume303,380 shsAverage Volume630,440 shsMarket Capitalization$1.59 billionP/E Ratio791.33Dividend YieldN/APrice Target$22.41 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media NextGen Healthcare MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside5.6% Downside$22.41 Price TargetShort InterestBearish7.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth20.29%From $0.69 to $0.83 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 starsMedical Sector830th out of 969 stocksComputer Integrated Systems Design Industry33rd out of 37 stocks 2.1 Analyst's Opinion Consensus RatingNextGen Healthcare has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.41, NextGen Healthcare has a forecasted downside of 5.6% from its current price of $23.74.Amount of Analyst CoverageNextGen Healthcare has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.88% of the float of NextGen Healthcare has been sold short.Short Interest Ratio / Days to CoverNextGen Healthcare has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in NextGen Healthcare has recently increased by 34.38%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNextGen Healthcare does not currently pay a dividend.Dividend GrowthNextGen Healthcare does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NXGN. Previous Next 3.1 News and Social Media Coverage News SentimentNextGen Healthcare has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 8 news articles for NextGen Healthcare this week, compared to 4 articles on an average week.Search Interest4 people have searched for NXGN on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows5 people have added NextGen Healthcare to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextGen Healthcare insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.60% of the stock of NextGen Healthcare is held by insiders.Percentage Held by Institutions76.65% of the stock of NextGen Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for NextGen Healthcare are expected to grow by 20.29% in the coming year, from $0.69 to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextGen Healthcare is 791.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.60.Price to Earnings Ratio vs. SectorThe P/E ratio of NextGen Healthcare is 791.33, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 100.60.Price to Book Value per Share RatioNextGen Healthcare has a P/B Ratio of 3.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextGen Healthcare (NASDAQ:NXGN) StockNextGen 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 based in Atlanta, Georgia.Read More NXGN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NXGN Stock News HeadlinesOctober 2, 2023 | americanbankingnews.comNextGen Healthcare (NASDAQ:NXGN) Now Covered by StockNews.comSeptember 28, 2023 | markets.businessinsider.comNextGen Healthcare (NXGN) Receives a Hold from Truist FinancialOctober 2, 2023 | Goldco (Ad)Biden's Digital Dollar NightmareOn July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late! September 26, 2023 | msn.comTriveni Digital to Share Strategies for Efficient NextGen TV DeliverySeptember 26, 2023 | finance.yahoo.comNextGen (NXGN) Extends Agreement to Boost Athletico's FootprintSeptember 25, 2023 | finance.yahoo.comNextGen Healthcare Supports Athletico Physical Therapy’s Growing FootprintSeptember 24, 2023 | americanbankingnews.comNextGen Healthcare (NASDAQ:NXGN) Now Covered by Analysts at StockNews.comSeptember 15, 2023 | benzinga.comMoore Kuehn Encourages AGE, ACER, NXGN, and SUM Investors to Contact Law FirmOctober 2, 2023 | Goldco (Ad)Biden's Digital Dollar NightmareOn July 20th, 2023, the Federal Reserve launched FedNow, which could spark the fuse for a Digital Dollar. If a Digital Dollar happens, the government could: Monitor every transaction, keep track of your spending habits, and potentially control your individual choices… Which MAY steal your freedoms in one way or another. And if you don’t plan for this now... Your retirement savings could be at risk of being frozen, hacked, or deleted. You’ll want to act fast... Because with Biden’s long history of voting against Americans... Who knows how much longer until Biden strikes again! Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late! September 12, 2023 | finance.yahoo.comClearwater CFO Baxter Lee Named to Tennessee HIMSS BoardSeptember 8, 2023 | finance.yahoo.comThoma Bravo Weighs $1 Billion Private Credit Loan for NextGen AcquisitionSeptember 8, 2023 | finance.yahoo.comWhy NextGen Healthcare Stock Was Zooming Higher This WeekSeptember 7, 2023 | markets.businessinsider.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NXGN, SUM, TCPC, BKCCSeptember 7, 2023 | benzinga.comALERT: Rowley Law PLLC is Investigating Proposed Acquisition of NextGen Healthcare, Inc.September 6, 2023 | benzinga.comShareholder Alert: Ademi LLP investigates whether NextGen Healthcare, Inc. has obtained a Fair Price in its transaction with Thoma BravoSeptember 6, 2023 | msn.comWhy Is Healthcare Tech Firm NextGen Healthcare's Stock Trading Higher Today?September 6, 2023 | marketwatch.comNextGen Healthcare to agrees to be bought by Thoma Bravo for $1.6 billion in cashSeptember 6, 2023 | markets.businessinsider.comNextGen Healthcare To Be Taken Private By Thoma Bravo For $23.95/share CashSeptember 6, 2023 | seekingalpha.comThoma Bravo confirms deal to buy NextGen Healthcare for $23.95 a shareSeptember 6, 2023 | msn.comWhy Shares of NextGen Healthcare Are Rising WednesdaySeptember 6, 2023 | seekingalpha.comNextGen: Potential Thoma Bravo Deal Inching Closer - A Look At The Moving PartsSeptember 6, 2023 | investing.comNextGen Healthcare taken private by Thoma Bravo, key facts about the dealSeptember 6, 2023 | finance.yahoo.comNextGen Healthcare Enters into Definitive Agreement to Be Acquired by Thoma BravoSeptember 5, 2023 | finance.yahoo.comUnveiling NextGen Healthcare's Value: Is It Really Priced Right? A Comprehensive GuideSeptember 5, 2023 | msn.comThoma Bravo in advanced talks to purchase NextGen Healthcare - reportSeptember 5, 2023 | finance.yahoo.comThoma Bravo Nears Deal for NextGen HealthcareSeptember 4, 2023 | finance.yahoo.comNextgen Healthcare (NXGN) Surges 6.2%: Is This an Indication of Further Gains?See More Headlines Receive NXGN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextGen Healthcare and its competitors with MarketBeat's FREE daily newsletter. Email Address NXGN Company Calendar Last Earnings7/24/2023Today10/02/2023Next Earnings (Estimated)10/24/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer integrated systems design Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:NXGN CUSIPN/A CIK708818 Webwww.nextgen.com Phone(949) 255-2600Fax949-255-2605Employees2,783Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.41 High Stock Price Forecast$25.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside-5.5%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.03 Trailing P/E Ratio791.00 Forward P/E Ratio34.39 P/E GrowthN/ANet Income$-2,650,000.00 Net Margins0.35% Pretax Margin1.76% Return on Equity10.09% Return on Assets5.17% Debt Debt-to-Equity Ratio0.65 Current Ratio2.23 Quick Ratio2.23 Sales & Book Value Annual Sales$653.17 million Price / Sales2.43 Cash Flow$1.16 per share Price / Cash Flow20.39 Book Value$6.07 per share Price / Book3.91Miscellaneous Outstanding Shares67,020,000Free Float63,935,000Market Cap$1.59 billion OptionableOptionable Beta0.87 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. David William Sides (Age 52)CEO, Pres & Director Comp: $1.3MMr. James Robert Arnold Jr. (Age 67)Exec. VP & CFO Comp: $918.19kMr. Jeffrey D. Linton (Age 60)Exec. VP, Gen. Counsel & Sec. Comp: $653.27kMr. Mitchell L. Waters (Age 59)Exec. VP of Commercial Growth Comp: $778kMr. Srinivas S. Velamoor (Age 48)Exec. VP and Chief Growth & Strategy Officer Comp: $849.85kMr. David AhmadzaiSr. VP, Corp. Controller & Chief Accounting OfficerMr. Steven KilbyChief Technology OfficerMr. David SlazykChief Information & Security OfficerMs. Colleen EdwardsSr. VP of MarketingMs. Donna Cullen Greene (Age 60)Exec. VP of HR More ExecutivesKey CompetitorsSupernus PharmaceuticalsNASDAQ:SUPNVericelNASDAQ:VCELNeoGenomicsNASDAQ:NEOCrinetics PharmaceuticalsNASDAQ:CRNXPacira BioSciencesNASDAQ:PCRXView All CompetitorsInsiders & InstitutionsDean Capital ManagementBought 37,451 shares on 8/23/2023Ownership: 0.084%Virginia Retirement Systems ET ALBought 30,700 shares on 8/22/2023Ownership: 0.046%California State Teachers Retirement SystemSold 6,432 shares on 8/21/2023Ownership: 0.096%Teachers Retirement System of The State of KentuckyBought 967 shares on 8/21/2023Ownership: 0.027%Legato Capital Management LLCBought 37,690 shares on 8/18/2023Ownership: 0.101%View All Insider TransactionsView All Institutional Transactions NXGN Stock - Frequently Asked Questions Should I buy or sell NextGen Healthcare stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NXGN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NXGN, but not buy additional shares or sell existing shares. View NXGN analyst ratings or view top-rated stocks. What is NextGen Healthcare's stock price forecast for 2023? 7 Wall Street analysts have issued twelve-month price objectives for NextGen Healthcare's stock. Their NXGN share price forecasts range from $17.00 to $25.00. On average, they expect the company's share price to reach $22.41 in the next twelve months. This suggests that the stock has a possible downside of 5.5%. View analysts price targets for NXGN or view top-rated stocks among Wall Street analysts. How have NXGN shares performed in 2023? NextGen Healthcare's stock was trading at $18.78 on January 1st, 2023. Since then, NXGN shares have increased by 26.4% and is now trading at $23.73. View the best growth stocks for 2023 here. Are investors shorting NextGen Healthcare? NextGen Healthcare saw a increase in short interest in September. As of September 15th, there was short interest totaling 4,300,000 shares, an increase of 34.4% from the August 31st total of 3,200,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 7.9% of the company's shares are short sold. View NextGen Healthcare's Short Interest. When is NextGen Healthcare's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our NXGN earnings forecast. How were NextGen Healthcare's earnings last quarter? NextGen Healthcare, Inc. (NASDAQ:NXGN) announced its quarterly earnings results on Monday, July, 24th. The company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.22 by $0.02. The business had revenue of $178.21 million for the quarter, compared to analysts' expectations of $173.45 million. NextGen Healthcare had a trailing twelve-month return on equity of 10.09% and a net margin of 0.35%. NextGen Healthcare's revenue was up 16.2% on a year-over-year basis. During the same period last year, the company posted $0.06 EPS. What ETFs hold NextGen Healthcare's stock? ETFs with the largest weight of NextGen Healthcare (NASDAQ:NXGN) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC) and Fidelity Digital Health ETF (FDHT).Invesco S&P SmallCap Health Care ETF (PSCH). What guidance has NextGen Healthcare issued on next quarter's earnings? NextGen Healthcare updated its FY 2024 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $1.04-$1.11 for the period, compared to the consensus estimate of $1.08. The company issued revenue guidance of $714.00 million-$722.00 million, compared to the consensus revenue estimate of $717.95 million. What is Rusty Frantz's approval rating as NextGen Healthcare's CEO? 248 employees have rated NextGen Healthcare Chief Executive Officer Rusty Frantz on Glassdoor.com. Rusty Frantz has an approval rating of 72% among the company'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." 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 $23.73. How much money does NextGen Healthcare make? NextGen Healthcare (NASDAQ:NXGN) has a market capitalization of $1.59 billion and generates $653.17 million in revenue each year. The company earns $-2,650,000.00 in net income (profit) each year or $0.03 on an earnings per share basis. How many employees does NextGen Healthcare have? The company employs 2,783 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 the company is www.nextgen.com. The company can be reached via phone at (949) 255-2600, via email at ir@nextgen.com, or via fax at 949-255-2605. This page (NASDAQ:NXGN) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NextGen Healthcare, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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