NextGen Healthcare - NXGN Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NXGN shares.
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4 equities research analysts have issued 12-month price objectives for NextGen Healthcare's shares. Their NXGN share price forecasts range from $20.00 to $26.00. On average, they predict the company's stock price to reach $22.75 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price.
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NextGen Healthcare's stock was trading at $17.79 on January 1st, 2022. Since then, NXGN shares have increased by 14.3% and is now trading at $20.33.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
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NextGen Healthcare, Inc. (NASDAQ:NXGN) released its quarterly earnings data on Thursday, October, 28th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.23 by $0.06. The business earned $149.29 million during the quarter, compared to analyst estimates of $143.47 million. NextGen Healthcare had a net margin of 3.31% and a trailing twelve-month return on equity of 6.50%. The firm's revenue was up 6.6% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS.

NextGen Healthcare updated its FY 2023 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of $0.93-$0.99 for the period, compared to the consensus estimate of $0.95. The company issued revenue guidance of $630.00 million-$640.00 million, compared to the consensus revenue estimate of $626.68 million.

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.

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).

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

NextGen Healthcare's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.91%), Vanguard Group Inc. (9.62%), Dimensional Fund Advisors LP (3.51%), State Street Corp (3.05%), Lazard Asset Management LLC (1.58%) and Smith Graham & Co. Investment Advisors LP (1.01%). Insiders that own company 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.
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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.
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One share of NXGN stock can currently be purchased for approximately $20.33.

NextGen Healthcare (NASDAQ:NXGN) has a market capitalization of $1.37 billion and generates $596.35 million in revenue each year. The company earns $1.62 million in net income (profit) each year or $0.31 on an earnings per share basis.

The company employs 2,655 workers across the globe.

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 (404) 467-1500, via email at ir@nextgen.com, or via fax at 949-255-2605.