NASDAQ:NXGN

NextGen Healthcare Stock Forecast, Price & News

$21.18

-0.45 (-2.08 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$20.56

Now: $21.18▼

$22.01

50-Day Range

$17.30

MA: $18.51▼

$21.62

52-Week Range

$5.10

Now: $21.18▼

$22.46

Volume242,244 shs

Average Volume256,612 shs

Market Capitalization$1.41 billion

P/E Ratio132.35

Dividend YieldN/A

Beta1.23

NextGen Healthcare, Inc. provides ambulatory-focused healthcare software and services solutions in the United States. The company offers NextGen Enterprise electronic health record (EHR), which stores and maintains clinical patient information; and a workflow module, prescription management, automatic document and letter generation, patient education, referral tracking, interfaces to billing and lab systems, physician alerts and reminders, and reporting and data analysis tools. Its products also comprise NextGen Enterprise PM, a practice management (PM) solution; NextGen Office, a cloud-based EHR and PM solution; NextGen Mobile; and NextGen Electronic Healthcare Transactions. In addition, it provides population health solutions, such as NextGen Population Health Analytics, NextGen Population Health Patient Care Management, and NextGen Population Health Performance Management; and patient engagement solutions comprising NextGen Patient Portal, NextGen Self Scheduling, NextGen Patient Pay, and NextGen Virtual Visits solutions. Further, the company offers NextGen Connect Integration Engine, NextGen Health Data Hub, and NextGen Share interoperability solutions; managed services, including NextGen Managed Cloud and NextGen Revenue Cycle Management Services; professional services; and client service and support. It serves managed service organizations, independent physician associations, accountable care organizations, ambulatory care centers, and community health centers through a 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 founded in 1974 and is headquartered in Irvine, California.

Overall MarketRank^™

1.43 out of 5 stars

Medical Sector

452nd out of 1,558 stocks

Computer Integrated Systems Design Industry

15th out of 41 stocks

2.1 Analyst's Opinion

Consensus Rating
NextGen Healthcare has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $13.86, NextGen Healthcare has a forecasted downside of 34.5% from its current price of $21.18.
Amount of Analyst Coverage
NextGen Healthcare has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
NextGen Healthcare has received 119 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NextGen Healthcare has received 168 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NextGen Healthcare has received 58.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NextGen Healthcare and other stocks. Vote “Outperform” if you believe NXGN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NXGN will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.7 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 $84,096.00 in company stock.
Percentage Held by Insiders
Only 18.50% of the stock of NextGen Healthcare is held by insiders.
Percentage Held by Institutions
71.31% 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 7.46% in the coming year, from $0.67 to $0.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of NextGen Healthcare is 132.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of NextGen Healthcare is 132.35, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 28.74.
Price to Earnings Growth Ratio
NextGen Healthcare has a PEG Ratio of 4.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
NextGen Healthcare has a P/B Ratio of 3.47. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Computer integrated systems design

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:NXGN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.nextgen.com

Phone949-255-2600

Employees2,754

Debt

Debt-to-Equity Ratio0.15

Current Ratio1.64

Quick Ratio1.64

Price-To-Earnings

Trailing P/E Ratio132.35

Forward P/E Ratio31.60

P/E Growth4.06

Sales & Book Value

Annual Sales$540.24 million

Price / Sales2.62

Cash Flow$1.52 per share

Price / Cash Flow13.94

Book Value$6.10 per share

Price / Book3.47

Profitability

EPS (Most Recent Fiscal Year)$0.59

Net Income$7.50 million

Net Margins1.80%

Return on Equity11.28%

Return on Assets6.57%

Miscellaneous

Outstanding Shares66,730,000

Market Cap$1.41 billion

Next Earnings Date1/27/2021 (Confirmed)

OptionableOptionable

$21.18

-0.45 (-2.08 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive NXGN News and Ratings via Email

Sign-up to receive the latest news and ratings for NXGN and its competitors with MarketBeat's FREE daily newsletter.

NextGen Healthcare (NASDAQ:NXGN) Frequently Asked Questions

How has NextGen Healthcare's stock been impacted by COVID-19 (Coronavirus)?

NextGen Healthcare's stock was trading at $11.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NXGN shares have increased by 92.3% and is now trading at $21.1750.
View which stocks have been most impacted by COVID-19.

Is NextGen Healthcare a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextGen Healthcare in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NextGen Healthcare stock. 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 analyst ratings for NextGen Healthcare or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than NextGen Healthcare?

Wall Street analysts have given NextGen Healthcare a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NextGen Healthcare wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is NextGen Healthcare's next earnings date?

NextGen Healthcare is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for NextGen Healthcare.

How can I listen to NextGen Healthcare's earnings call?

NextGen Healthcare will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were NextGen Healthcare's earnings last quarter?

NextGen Healthcare, Inc. (NASDAQ:NXGN) issued its quarterly earnings results on Thursday, October, 22nd. The company reported $0.30 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.10. The firm earned $140 million during the quarter, compared to the consensus estimate of $133.04 million. NextGen Healthcare had a net margin of 1.80% and a return on equity of 11.28%. The firm's revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 EPS.
View NextGen Healthcare's earnings history.

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

NextGen Healthcare issued an update on its FY 2021 Pre-Market earnings guidance on Wednesday, January, 13th. The company provided earnings per share (EPS) guidance of 0.92-0.98 for the period, compared to the Thomson Reuters consensus estimate of $0.89. The company issued revenue guidance of $547-555 million, compared to the consensus revenue estimate of $546.8 million.

What price target have analysts set for NXGN?

12 equities research analysts have issued 12 month price objectives for NextGen Healthcare's stock. Their forecasts range from $10.00 to $21.00. On average, they anticipate NextGen Healthcare's share price to reach $13.86 in the next twelve months. This suggests that the stock has a possible downside of 34.5%.
View analysts' price targets for NextGen Healthcare or view Wall Street analyst' top-rated stocks.

Who are some of NextGen Healthcare's key competitors?

Some companies that are related to NextGen Healthcare include Verint Systems (VRNT), Scientific Games (SGMS), Parsons (PSN), Allscripts Healthcare Solutions (MDRX), NetScout Systems (NTCT), Sykes Enterprises (SYKE), Unisys (UIS), Simulations Plus (SLP), Ebix (EBIX), Agilysys (AGYS), Ribbon Communications (RBBN), OneSpan (OSPN), Digimarc (DMRC), Tufin Software Technologies (TUFN) and Asure Software (ASUR).
View all of NXGN's competitors.

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 key executives?

NextGen Healthcare's management team includes the following people:

Mr. John R. Frantz, Pres, CEO & Director (Age 53, Pay $1.05M)
Mr. James Robert Arnold Jr., Exec. VP & CFO (Age 64, Pay $753.73k)
Mr. David A. Metcalfe, Exec. VP & CTO (Age 57, Pay $667.79k)
Mr. Jeffrey D. Linton, Exec. VP, Gen. Counsel & Sec. (Age 57, Pay $526.62k)
Mr. David Ahmadzai, Sr. VP, Corp. Controller & Chief Accounting Officer
Ms. Donna Greene, Sr. VP of HR
Mr. John S. Beck, Chief Solutions Officer & Exec. VP
Dr. Betty Rabinowitz, Chief Medical Officer
Mr. Graham Brown, Principal & Sr. VP
Dr. Martin Lustick, Principal & Sr. VP

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 a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%). Company insiders that own NextGen Healthcare stock include George H Bristol, James Robert Jr Arnold, Jeffrey D Linton, Jeffrey H Margolis, Lance Rosenzweig and Sheldon Razin.
View institutional ownership trends for NextGen Healthcare.

Which institutional investors are selling NextGen Healthcare stock?

NXGN stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold NextGen Healthcare company stock in the last year include George H Bristol, and Lance Rosenzweig.
View insider buying and selling activity for NextGen Healthcare or view top insider-selling stocks.

How do I buy shares of NextGen Healthcare?

Shares of NXGN 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.

What is NextGen Healthcare's stock price today?

One share of NXGN stock can currently be purchased for approximately $21.18.

How big of a company is NextGen Healthcare?

NextGen Healthcare has a market capitalization of $1.41 billion and generates $540.24 million in revenue each year. The company earns $7.50 million in net income (profit) each year or $0.59 on an earnings per share basis. NextGen Healthcare employs 2,754 workers across the globe.

What is NextGen Healthcare's official website?

The official website for NextGen Healthcare is www.nextgen.com.

How can I contact NextGen Healthcare?

NextGen Healthcare's mailing address is 18111 Von Karman Avenue Suite 800, Irvine CA, 92612. The company can be reached via phone at 949-255-2600 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here