NASDAQ:NXGN

NextGen Healthcare - NXGN Stock Forecast, Price & News

$17.70

-0.15 (-0.84%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $17.55
▼
$18.12
50-Day Range: $16.54
▼
$18.60
52-Week Range: $13.64
▼
$21.87

Volume: 644,578 shs
Average Volume: 304,562 shs
Market Capitalization: $1.20 billion

P/E Ratio: 1,771.77
Dividend Yield: N/A
Price Target: $23.00

NextGen Healthcare MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 29.9% Upside
$23.00 Price Target
Short Interest: Healthy
2.02% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.85
Based on 4 Articles This Week
Insider Trading: Selling Shares
$60,725 Sold Last Quarter
Proj. Earnings Growth: 15.00%
From $0.60 to $0.69 Per Share

Overall MarketRank^™

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

2.36 out of 5 stars

Medical Sector

320th out of 1,095 stocks

Computer Integrated Systems Design Industry

13th out of 40 stocks

3.3

Analyst's Opinion

Consensus Rating
NextGen Healthcare has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.00, NextGen Healthcare has a forecasted upside of 29.9% from its current price of $17.70.
Amount of Analyst Coverage
NextGen Healthcare has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.02% 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 3.3, 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 8.82%, indicating that investor sentiment is decreasing significantly.

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.

3.2

News and Social Media Coverage

News Sentiment
NextGen Healthcare has a news sentiment score of 1.85. 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 higher news sentiment than the 0.83 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for NextGen Healthcare this week, compared to 2 articles on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NextGen Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,725.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of NextGen Healthcare is held by insiders.
Percentage Held by Institutions
73.80% of the stock of NextGen Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for NextGen Healthcare are expected to grow by 15.00% in the coming year, from $0.60 to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NextGen Healthcare is 1,771.77, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 117.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of NextGen Healthcare is 1,771.77, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 89.60.
Price to Book Value per Share Ratio
NextGen Healthcare has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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NXGN Stock News Headlines

September 28, 2022 | finance.yahoo.com

NextGen Healthcare Chosen by Oak Orchard Health to Enable Whole Person Care

September 22, 2022 | finance.yahoo.com

3 Reasons to Retain NextGen (NXGN) Stock in Your Portfolio

September 21, 2022 | tmcnet.com

NIRI NY Appoints New NextGen Committee for 2022-2023 Season

September 20, 2022 | nasdaq.com

NextGen Healthcare's (NASDAQ:NXGN) Returns On Capital Tell Us There Is Reason To Feel Uneasy

September 14, 2022 | seekingalpha.com

NXGN NextGen Healthcare, Inc.

September 14, 2022 | finance.yahoo.com

NextGen Healthcare Announces New Foster Care Functionality in Behavioral Health Suite

September 9, 2022 | morningstar.com

NextGen Healthcare Inc NXGN Executive

August 26, 2022 | nasdaq.com

NextGen Healthcare Rings the Closing Bell

August 12, 2022 | nasdaq.com

Quite a few insiders invested in NextGen Healthcare, Inc. (NASDAQ:NXGN) last year which is positive news for shareholders

August 9, 2022 | finance.yahoo.com

NextGen Healthcare Expands Virtual Visits Solution to Enable Team-Based Care and Include Family Members

August 2, 2022 | finance.yahoo.com

At US$17.27, Is It Time To Put NextGen Healthcare, Inc. (NASDAQ:NXGN) On Your Watch List?

July 28, 2022 | seekingalpha.com

NextGen Needs To Live Up To Its Name

July 27, 2022 | finance.yahoo.com

NextGen Healthcare to Showcase Integrated Solution at American Podiatric Medical Association Conference

July 27, 2022 | finance.yahoo.com

NextGen Healthcare (NXGN) Beats on Q1 Earnings, Cuts FY23 View

July 27, 2022 | seekingalpha.com

NextGen Healthcare, Inc. (NXGN) CEO David Sides on Q1 2023 Results - Earnings Call Transcript

July 25, 2022 | msn.com

A Preview Of NextGen Healthcare's Earnings

July 21, 2022 | apnews.com

Southwest Networks Ranked Among Elite Managed Service Providers on Channel Futures 2022 NextGen 101 List

July 19, 2022 | finance.yahoo.com

Earnings Preview: Nextgen Healthcare (NXGN) Q1 Earnings Expected to Decline

July 19, 2022 | msn.com

India footballing legend IM Vijayan believes playing in NextGen Cup will give youngsters a lot of confidence

July 18, 2022 | finance.yahoo.com

NextGen Healthcare Expands Relationship with InstaMed to Simplify Payment Processing for Patients and Providers

July 12, 2022 | finance.yahoo.com

NextGen Healthcare to Host Fiscal 2023 First Quarter Results Conference Call on July 26

July 7, 2022 | forbes.com

NextGen Review 2022: Features, Pricing & More

June 30, 2022 | cnet.com

NextGen TV: Everything You Need to Get Free TV

June 28, 2022 | finance.yahoo.com

Shareholders 12% loss in NextGen Healthcare (NASDAQ:NXGN) partly attributable to the company's decline in earnings over past three years

June 27, 2022 | finance.yahoo.com

iRhythm Technologies (IRTC) Moves 5.1% Higher: Will This Strength Last?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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NXGN Company Calendar

Last Earnings: 7/26/2022
Today: 10/02/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:NXGN
CUSIP: N/A
CIK: 708818
Web: www.nextgen.com
Phone: (404) 467-1500
Fax: 949-255-2605
Employees: 2,655
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $23.00
High Stock Price Forecast: $26.00
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +29.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.01
Trailing P/E Ratio: 1,771.77
Forward P/E Ratio: 29.50
P/E Growth: N/A
Net Income: $1.62 million
Net Margins: -0.01%
Pretax Margin: 0.45%
Return on Equity: 8.20%
Return on Assets: 5.62%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.22
Quick Ratio: 1.22

Sales & Book Value

Annual Sales: $596.35 million
Price / Sales: 2.02
Cash Flow: $1.31 per share
Price / Cash Flow: 13.48
Book Value: $6.33 per share
Price / Book: 2.80

Miscellaneous

Outstanding Shares: 68,020,000
Free Float: 64,958,000
Market Cap: $1.20 billion
Optionable: Optionable
Beta: 1.05

Key Executives

Mr. David William Sides (Age 51)
CEO, Pres & Director
Comp: $1.48M

Mr. James Robert Arnold Jr. (Age 66)
Exec. VP & CFO
Comp: $1.17M

Mr. David A. Metcalfe (Age 59)
Exec. VP & CTO
Comp: $1.06M

Mr. Mitchell L. Waters (Age 57)
Exec. VP of Commercial Growth
Comp: $863.51k

Mr. Srinivas S. Velamoor (Age 47)
Exec. VP, Chief Growth & Strategy Officer
Comp: $1.08M

Mr. David Ahmadzai
Sr. VP, Corp. Controller & Chief Accounting Officer

Mr. David Slazyk
Chief Information & Security Officer

Mr. Matthew Scalo
VP of Investor Relations

Mr. Jeffrey D. Linton (Age 59)
Exec. VP, Gen. Counsel & Sec.

Ms. Colleen Edwards
Sr. VP of Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NXGN Stock - Frequently Asked Questions

Should I buy or sell NextGen Healthcare stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NXGN shares.
View NXGN analyst ratings or view top-rated stocks.
What is NextGen Healthcare's stock price forecast for 2022?: 3 brokerages have issued 1-year price targets for NextGen Healthcare's stock. Their NXGN share price forecasts range from $20.00 to $26.00. On average, they expect the company's share price to reach $23.00 in the next year. This suggests a possible upside of 29.9% from the stock's current price.
View analysts price targets for NXGN or view top-rated stocks among Wall Street analysts.
How have NXGN shares performed in 2022?: NextGen Healthcare's stock was trading at $17.79 on January 1st, 2022. Since then, NXGN shares have decreased by 0.5% and is now trading at $17.70.
View the best growth stocks for 2022 here.
When is NextGen Healthcare's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our NXGN earnings forecast.
How were NextGen Healthcare's earnings last quarter?: NextGen Healthcare, Inc. (NASDAQ:NXGN) announced its earnings results on Tuesday, July, 26th. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The business had revenue of $153.30 million for the quarter, compared to analyst estimates of $153.28 million. NextGen Healthcare had a positive trailing twelve-month return on equity of 8.20% and a negative net margin of 0.01%.
What guidance has NextGen Healthcare issued on next quarter's earnings?: NextGen Healthcare issued an update on its FY 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $0.92-$0.98 for the period, compared to the consensus earnings per share 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 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 $17.70.
How much money does NextGen Healthcare make?: NextGen Healthcare (NASDAQ:NXGN) has a market capitalization of $1.20 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?: The company 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 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.

This page (NASDAQ:NXGN) was last updated on 10/2/2022 by MarketBeat.com Staff

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NextGen Healthcare - NXGN Stock Forecast, Price & News

NextGen Healthcare MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month