Should I buy or sell NextGen Healthcare stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street 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 target for 2024?

5 brokers have issued 1 year price targets for NextGen Healthcare's shares. Their NXGN share price targets range from $17.00 to $24.00. On average, they anticipate the company's share price to reach $21.98 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. 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 at the beginning of 2023. Since then, NXGN stock has increased by 27.5% and is now trading at $23.94. View the best growth stocks for 2023 here .

When is NextGen Healthcare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our NXGN earnings forecast .

How were NextGen Healthcare's earnings last quarter?

NextGen Healthcare, Inc. (NASDAQ:NXGN) posted its quarterly earnings data on Tuesday, October, 24th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. The company earned $176.42 million during the quarter, compared to analysts' expectations of $176.08 million. NextGen Healthcare had a negative net margin of 0.89% and a positive trailing twelve-month return on equity of 11.37%.

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 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) .

Who are NextGen Healthcare's major shareholders?

NextGen Healthcare's stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (2.31%), William Blair Investment Management LLC (2.03%), Kennedy Capital Management LLC (1.17%), Northern Trust Corp (1.12%), Paradigm Capital Management Inc. NY (1.08%) and Charles Schwab Investment Management Inc. (0.94%). Insiders that own company stock include Craig A Barbarosh , David A Metcalfe, David Ahmadzai, David William Sides , Donna Cullen Greene, James Robert Jr Arnold , John R Frantz , Lance Rosenzweig, Mitchell Waters , Sean Brynjelsen and Srinivas S Velamoor . View institutional ownership trends .

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 .

NextGen Healthcare Stock Price, News & Analysis (NASDAQ:NXGN)

$23.94

+0.03 (+0.13%)

(As of 11/9/2023)

Compare

Today's Range: $23.92
▼
$23.95
50-Day Range: $23.64
▼
$23.94
52-Week Range: $15.23
▼
$23.98

Volume: 3.50 million shs
Average Volume: 659,586 shs
Market Capitalization: $1.61 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $21.98

NextGen Healthcare MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 8.2% Downside
$21.98 Price Target
Short Interest: Bearish
9.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.21
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 24.29%
From $0.70 to $0.87 Per Share

Overall MarketRank^™

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

1.63 out of 5 stars

Medical Sector

848th out of 951 stocks

Health Information Services Industry

3rd out of 4 stocks

2.0

Analyst's Opinion

Consensus Rating
NextGen Healthcare has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.98, NextGen Healthcare has a forecasted downside of 8.2% from its current price of $23.94.
Amount of Analyst Coverage
NextGen Healthcare has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
9.12% of the float of NextGen Healthcare has been sold short.
Short Interest Ratio / Days to Cover
NextGen Healthcare has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NextGen Healthcare has recently increased by 3.10%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
NextGen Healthcare does not currently pay a dividend.
Dividend Growth
NextGen Healthcare does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NXGN.

1.2

News and Social Media Coverage

News Sentiment
NextGen Healthcare has a news sentiment score of 0.21. 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 0.76 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for NextGen Healthcare this week, compared to 4 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NextGen Healthcare insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.60% of the stock of NextGen Healthcare is held by insiders.
Percentage Held by Institutions
76.65% of the stock of NextGen Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for NextGen Healthcare are expected to grow by 24.29% in the coming year, from $0.70 to $0.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NextGen Healthcare is -239.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NextGen Healthcare is -239.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
NextGen Healthcare has a P/B Ratio of 3.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About NextGen Healthcare Stock (NASDAQ:NXGN)

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 based in Atlanta, Georgia.

NXGN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NXGN Stock News Headlines

December 2, 2023 | americanbankingnews.com

NextGen Healthcare, Inc. (NASDAQ:NXGN) Given Average Recommendation of "Hold" by Analysts

December 1, 2023 | americanbankingnews.com

NextGen Healthcare (NASDAQ:NXGN) vs. WELL Health Technologies (OTCMKTS:WLYYF) Head to Head Survey

December 4, 2023 | DTI Trader (Ad)

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November 28, 2023 | msn.com

Inside NextGen: The FAA's $35bn Air Traffic Modernization Program

November 28, 2023 | tmcnet.com

Nabla Copilot powers NextGen Healthcare's new Ambient Assist to generate clinical documentation in real-time

November 27, 2023 | americanbankingnews.com

NextGen Healthcare (NASDAQ:NXGN) Now Covered by Analysts at StockNews.com

November 22, 2023 | bizjournals.com

Health care technology company to lay off 99 employees in Hunt Valley

November 20, 2023 | bizjournals.com

Health care software firm NextGen enacting layoffs at its Horsham office after being acquired

December 4, 2023 | DTI Trader (Ad)

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November 16, 2023 | ca.finance.yahoo.com

NextGen Healthcare Value-Based Care Solutions Help Unlock $82 Million in Medicare Savings

November 16, 2023 | markets.businessinsider.com

Densitas Unveils intelliMaven™ at RSNA: Your NextGen AI Solution for Mammography Quality Assurance

November 10, 2023 | markets.businessinsider.com

Thoma Bravo Completes Acquisition of NextGen Healthcare

October 25, 2023 | markets.businessinsider.com

Analysts’ Opinions Are Mixed on These Healthcare Stocks: Thermo Fisher (TMO) and NextGen Healthcare (NXGN)

October 24, 2023 | finance.yahoo.com

Nextgen Healthcare (NXGN) Surpasses Q2 Earnings and Revenue Estimates

October 24, 2023 | finance.yahoo.com

NextGen Healthcare Inc (NXGN) Reports 10.6% Increase in Total Revenue for Fiscal 2024 Second Quarter

October 24, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Nextgen Healthcare (NXGN) Q2 Earnings

October 24, 2023 | finance.yahoo.com

NextGen Healthcare to Feature AI Advancements and Showcase Client Innovators at UGM23

October 18, 2023 | msn.com

Pearl TV: NextGen TV Devices to Top 10M by Year’s End

October 17, 2023 | msn.com

Atlanta DTH Restocks Supplies of NextGen TV Receivers

October 17, 2023 | finance.yahoo.com

Nextgen Healthcare (NXGN) to Report Q2 Results: What You Should Expect

October 9, 2023 | finance.yahoo.com

NextGen Healthcare Unveils NextGen Ambient Assist, an AI Solution Designed to Boost Provider Efficiency

October 4, 2023 | msn.com

NextGen Healthcare (NXGN) Price Target Increased by 15.37% to 24.44

October 4, 2023 | finanznachrichten.de

Quark Software, Inc.: Quark Amplifies Content Consumption and Component Reuse Analytics with Newest Release of Quark Publishing Platform NextGen

September 28, 2023 | markets.businessinsider.com

NextGen Healthcare (NXGN) Receives a Hold from Truist Financial

September 26, 2023 | msn.com

Triveni Digital to Share Strategies for Efficient NextGen TV Delivery

September 26, 2023 | finance.yahoo.com

NextGen (NXGN) Extends Agreement to Boost Athletico's Footprint

September 25, 2023 | finance.yahoo.com

NextGen Healthcare Supports Athletico Physical Therapy’s Growing Footprint

See More Headlines

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Company Calendar

Last Earnings: 10/24/2023
Today: 12/04/2023
Next Earnings (Estimated): 1/23/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Health Information Services
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:NXGN
CUSIP: N/A
CIK: 708818
Web: www.nextgen.com
Phone: (949) 255-2600
Fax: 949-255-2605
Employees: 2,783
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $21.98
High Stock Price Target: $24.00
Low Stock Price Target: $17.00
Potential Upside/Downside: -8.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 34.20
P/E Growth: N/A
Net Income: $-2,650,000.00
Net Margins: -0.89%
Pretax Margin: -0.10%
Return on Equity: 11.37%
Return on Assets: 5.38%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 2.52
Quick Ratio: 2.52

Sales & Book Value

Annual Sales: $653.17 million
Price / Sales: 2.46
Cash Flow: $1.16 per share
Price / Cash Flow: 20.57
Book Value: $6.31 per share
Price / Book: 3.79

Miscellaneous

Outstanding Shares: 67,100,000
Free Float: 64,011,000
Market Cap: $1.61 billion
Optionable: Optionable
Beta: 0.77

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Key Executives

Mr. David William Sides (Age 52)
CEO, President & Director
Comp: $1.3M
Mr. James Robert Arnold Jr. (Age 67)
Executive VP & CFO
Comp: $918.19k
Mr. Jeffrey D. Linton (Age 60)
Executive VP, General Counsel & Secretary
Comp: $653.27k
Mr. Mitchell L. Waters (Age 59)
Executive Vice President of Commercial Growth
Comp: $778k
Mr. Srinivas S. Velamoor (Age 48)
Executive VP and Chief Growth & Strategy Officer
Comp: $849.85k
Mr. David Ahmadzai
Senior VP, Corporate Controller & Chief Accounting Officer
Mr. Steven Kilby
Chief Technology Officer
Mr. David Slazyk
Chief Information & Security Officer
Ms. Colleen Edwards
Senior Vice President of Marketing
Ms. Donna Cullen Greene (Age 60)
Executive Vice President of Human Resources

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NXGN Stock Analysis - Frequently Asked Questions

Should I buy or sell NextGen Healthcare stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street 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 target for 2024?: 5 brokers have issued 1 year price targets for NextGen Healthcare's shares. Their NXGN share price targets range from $17.00 to $24.00. On average, they anticipate the company's share price to reach $21.98 in the next twelve months. This suggests that the stock has a possible downside of 8.2%.
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 at the beginning of 2023. Since then, NXGN stock has increased by 27.5% and is now trading at $23.94.
View the best growth stocks for 2023 here.
When is NextGen Healthcare's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our NXGN earnings forecast.
How were NextGen Healthcare's earnings last quarter?: NextGen Healthcare, Inc. (NASDAQ:NXGN) posted its quarterly earnings data on Tuesday, October, 24th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. The company earned $176.42 million during the quarter, compared to analysts' expectations of $176.08 million. NextGen Healthcare had a negative net margin of 0.89% and a positive trailing twelve-month return on equity of 11.37%.
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 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).
Who are NextGen Healthcare's major shareholders?: NextGen Healthcare's stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (2.31%), William Blair Investment Management LLC (2.03%), Kennedy Capital Management LLC (1.17%), Northern Trust Corp (1.12%), Paradigm Capital Management Inc. NY (1.08%) and Charles Schwab Investment Management Inc. (0.94%). Insiders that own company stock include Craig A Barbarosh, David A Metcalfe, David Ahmadzai, David William Sides, Donna Cullen Greene, James Robert Jr Arnold, John R Frantz, Lance Rosenzweig, Mitchell Waters, Sean Brynjelsen and Srinivas S Velamoor.
View institutional ownership trends.
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.

This page (NASDAQ:NXGN) was last updated on 12/4/2023 by MarketBeat.com Staff

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NextGen Healthcare Stock Price, News & Analysis (NASDAQ:NXGN)

NextGen Healthcare MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About NextGen Healthcare Stock (NASDAQ:NXGN)

NXGN Stock Price History

NXGN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

NXGN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™