NASDAQ:TRHC - Tabula Rasa HealthCare Stock Price, Forecast & News

Tabula Rasa HealthCare trades on the NASDAQ under the ticker symbol "TRHC."

Tabula Rasa HealthCare Inc (NASDAQ:TRHC) released its quarterly earnings results on Thursday, November, 7th. The company reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.01. The business had revenue of $74.27 million for the quarter, compared to analysts' expectations of $75.37 million. Tabula Rasa HealthCare had a negative net margin of 13.46% and a positive return on equity of 0.50%. View Tabula Rasa HealthCare's Earnings History.

Tabula Rasa HealthCare is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Tabula Rasa HealthCare.

Tabula Rasa HealthCare updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$282-285 million, compared to the consensus revenue estimate of $$289.21 million.

8 equities research analysts have issued 1 year price objectives for Tabula Rasa HealthCare's shares. Their forecasts range from $50.00 to $88.00. On average, they anticipate Tabula Rasa HealthCare's share price to reach $68.62 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Price Targets for Tabula Rasa HealthCare.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tabula Rasa HealthCare in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tabula Rasa HealthCare.

Headlines about TRHC stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tabula Rasa HealthCare earned a coverage optimism score of 2.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Tabula Rasa HealthCare.

Tabula Rasa HealthCare saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 7,360,000 shares, an increase of 9.4% from the December 31st total of 6,730,000 shares. Based on an average daily trading volume, of 318,100 shares, the short-interest ratio is currently 23.1 days. Approximately 36.4% of the shares of the company are sold short. View Tabula Rasa HealthCare's Current Options Chain.

Some companies that are related to Tabula Rasa HealthCare include MAXIMUS (MMS), CIELO S A/S (CIOXY), TriNet Group (TNET), Envestnet (ENV), WNS (WNS), Farfetch (FTCH), Sothebys (BID), ExlService (EXLS), HMS (HMSY), EVO Payments (EVOP), Wageworks (WAGE), Cardtronics (CATM), GreenSky (GSKY), CBIZ (CBZ) and Stamps.com (STMP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Tabula Rasa HealthCare investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Canopy Growth (CGC), Adobe (ADBE), Netflix (NFLX), QUALCOMM (QCOM), VMware (VMW), Micron Technology (MU), salesforce.com (CRM) and Paypal (PYPL).

(TRHC) raised $60 million in an initial public offering on Thursday, September 29th 2016. The company issued 4,300,000 shares at $13.00-$15.00 per share. Wells Fargo Securities, UBS Investment Bank and Piper Jaffray served as the underwriters for the IPO and Baird and Stifel were co-managers.

Tabula Rasa HealthCare's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (1.51%), Artemis Investment Management LLP (1.26%), Summit Creek Advisors LLC (1.02%), CWM LLC (0.95%), Mirador Capital Partners LP (0.24%) and California Public Employees Retirement System (0.18%). Company insiders that own Tabula Rasa HealthCare stock include Andrea Carolan Speers, Brian W Adams, Bruce Luehrs, Calvin H Knowlton, Dennis Helling, Gordon Tunstall, Orsula V Knowlton and Samira Beckwith. View Institutional Ownership Trends for Tabula Rasa HealthCare.

TRHC stock was sold by a variety of institutional investors in the last quarter, including Arizona State Retirement System, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. Company insiders that have sold Tabula Rasa HealthCare company stock in the last year include Andrea Carolan Speers, Brian W Adams, Calvin H Knowlton, Dennis Helling, Gordon Tunstall and Orsula V Knowlton. View Insider Buying and Selling for Tabula Rasa HealthCare.

TRHC stock was purchased by a variety of institutional investors in the last quarter, including CWM LLC, Summit Creek Advisors LLC, Artemis Investment Management LLP, Peregrine Capital Management LLC, Mirador Capital Partners LP, California Public Employees Retirement System, New York State Teachers Retirement System and Exchange Traded Concepts LLC. View Insider Buying and Selling for Tabula Rasa HealthCare.

Shares of TRHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TRHC stock can currently be purchased for approximately $54.89.

Tabula Rasa HealthCare has a market capitalization of $1.22 billion and generates $204.27 million in revenue each year. The company earns $-47,270,000.00 in net income (profit) each year or $0.34 on an earnings per share basis. Tabula Rasa HealthCare employs 952 workers across the globe.View Additional Information About Tabula Rasa HealthCare.

The official website for Tabula Rasa HealthCare is http://www.tabularasahealthcare.com/.

Tabula Rasa HealthCare's mailing address is 228 STRAWBRIDGE DRIVE SUITE 100, MOORESTOWN NJ, 08057. The company can be reached via phone at 866-648-2767 or via email at [email protected]