Logo image of CHNG

CHANGE HEALTHCARE INC (CHNG) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:CHNG - US15912K1007 - Common Stock

27.49 USD
+0.07 (+0.26%)
Last: 9/30/2022, 8:12:24 PM
27.45 USD
-0.04 (-0.15%)
After Hours: 9/30/2022, 8:12:24 PM

CHNG Key Statistics, Chart & Performance

Key Statistics
Market Cap9.03B
Revenue(TTM)3.50B
Net Income(TTM)-76.95M
Shares328.31M
Float264.40M
52 Week High27.59
52 Week Low18.97
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)1.48
PE18.57
Fwd PE15.89
Earnings (Next)11-02 2022-11-02/amc
IPO2019-06-27
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryHealth Care Technology


CHNG short term performance overview.The bars show the price performance of CHNG in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15 20 25

CHNG long term performance overview.The bars show the price performance of CHNG in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30

The current stock price of CHNG is 27.49 USD. In the past month the price increased by 11.07%. In the past year, price increased by 30.16%.

CHANGE HEALTHCARE INC / CHNG Daily stock chart

CHNG Latest News, Press Relases and Analysis

CHNG Competitors/Peers

The largest stocks on the US markets in the "Health Care Technology" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
VEEV VEEVA SYSTEMS INC-CLASS A 31 39.33B
DOCS DOXIMITY INC-CLASS A 31.14 9.57B
WAY WAYSTAR HOLDING CORP 27.6 7.06B
HTFL HEARTFLOW INC N/A 2.71B
CERT CERTARA INC 18.24 1.45B
TDOC TELADOC HEALTH INC N/A 1.32B
SDGR SCHRODINGER INC N/A 1.28B
PHR PHREESIA INC N/A 1.24B
LFMDP LIFEMD INC - LFMD 8 7/8 PERP N/A 1.10B
CCLDO CARECLOUD INC - CCLD 8 3/4 PERP 634.34 1.07B
GDRX GOODRX HOLDINGS INC-CLASS A 8.03 953.80M
CTEV CLARITEV CORP N/A 863.03M

About CHNG

Company Profile

CHNG logo image Change Healthcare, Inc. engages in the development of a healthcare technology platform that offers data and analytics-driven solutions. The company is headquartered in Nashville, Tennessee and currently employs 14,000 full-time employees. The company went IPO on 2019-06-27. The firm is focused on the transformation of the healthcare system through its Change Healthcare platform. The firm operates through three business segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. Its Software and Analytics segment provide solutions for revenue cycle management, provider network management, payment accuracy, value-based payments, clinical decision support, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. Its Network Solutions segment provide solutions for financial, administrative, and clinical and pharmacy transactions, electronic payments and aggregation and analytics of clinical and financial data. Its Technology-Enabled Services segment provides solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration and healthcare consulting.

Company Info

CHANGE HEALTHCARE INC

424 Church Street, Suite 1400

Nashville TENNESSEE 37219 US

CEO: Neil E. de Crescenzo

Employees: 14000

CHNG Company Website

Phone: 16159323000.0

CHANGE HEALTHCARE INC / CHNG FAQ

What does CHANGE HEALTHCARE INC do?

Change Healthcare, Inc. engages in the development of a healthcare technology platform that offers data and analytics-driven solutions. The company is headquartered in Nashville, Tennessee and currently employs 14,000 full-time employees. The company went IPO on 2019-06-27. The firm is focused on the transformation of the healthcare system through its Change Healthcare platform. The firm operates through three business segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. Its Software and Analytics segment provide solutions for revenue cycle management, provider network management, payment accuracy, value-based payments, clinical decision support, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. Its Network Solutions segment provide solutions for financial, administrative, and clinical and pharmacy transactions, electronic payments and aggregation and analytics of clinical and financial data. Its Technology-Enabled Services segment provides solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration and healthcare consulting.


What is the current price of CHNG stock?

The current stock price of CHNG is 27.49 USD. The price increased by 0.26% in the last trading session.


Does CHNG stock pay dividends?

CHNG does not pay a dividend.


What is the ChartMill rating of CHANGE HEALTHCARE INC stock?

CHNG has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 4 out of 10.


Where is CHANGE HEALTHCARE INC (CHNG) stock traded?

CHNG stock is listed on the Nasdaq exchange.


Can you provide the PE ratio for CHNG stock?

The PE ratio for CHANGE HEALTHCARE INC (CHNG) is 18.57. This is based on the reported non-GAAP earnings per share of 1.48 and the current share price of 27.49 USD.


CHNG Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to CHNG. When comparing the yearly performance of all stocks, CHNG is one of the better performing stocks in the market, outperforming 95.77% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CHNG Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to CHNG. While CHNG is still in line with the averages on profitability rating, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CHNG Financial Highlights

Over the last trailing twelve months CHNG reported a non-GAAP Earnings per Share(EPS) of 1.48. The EPS decreased by -0.67% compared to the year before.


Industry RankSector Rank
PM (TTM) -2.2%
ROA -0.8%
ROE N/A
Debt/Equity 1.36
Chartmill High Growth Momentum
EPS Q2Q%-7.32%
Sales Q2Q%1.91%
EPS 1Y (TTM)-0.67%
Revenue 1Y (TTM)7.15%

CHNG Forecast & Estimates

17 analysts have analysed CHNG and the average price target is 27.85 USD. This implies a price increase of 1.32% is expected in the next year compared to the current price of 27.49.

For the next year, analysts expect an EPS growth of -1.57% and a revenue growth 3.51% for CHNG


Analysts
Analysts71.76
Price Target27.85 (1.31%)
EPS Next Y-1.57%
Revenue Next Year3.51%

CHNG Ownership

Ownership
Inst Owners0.07%
Ins Owners0.04%
Short Float %N/A
Short RatioN/A