CHANGE HEALTHCARE INC (CHNG) Stock Price & Overview

NASDAQ:CHNG • US15912K1007

Current stock price

27.49 USD
+0.07 (+0.26%)
At close:
27.45 USD
-0.04 (-0.15%)
After Hours:

The current stock price of CHNG is 27.49 USD. Today CHNG is up by 0.26%. In the past month the price increased by 11.07%. In the past year, price increased by 30.16%.

CHNG Key Statistics

52-Week Range18.97 - 27.59
Current CHNG stock price positioned within its 52-week range.
1-Month Range24.7 - 27.59
Current CHNG stock price positioned within its 1-month range.
Market Cap
9.025B
P/E
18.57
Fwd P/E
15.89
EPS (TTM)
1.48
Dividend Yield
N/A

CHNG Stock Performance

Today
+0.26%
1 Week
+0.62%
1 Month
+11.07%
3 Months
+15.89%
Longer-term
6 Months +26.10%
1 Year +30.16%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

CHNG Stock Chart

CHANGE HEALTHCARE INC / CHNG Daily stock chart

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. CHNG has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CHNG Earnings

Next Earnings DateNov 2, 2022
Last Earnings DateAug 3, 2022
PeriodQ1 / 2023
EPS Reported$0.38
Revenue Reported
EPS Surprise -18.66%
Revenue Surprise -8.98%

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 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.


Income Statements
Revenue(TTM)3.50B
Net Income(TTM)-76.95M
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 Ownership

Ownership
Inst Owners0.07%
Shares328.31M
Float264.40M
Ins Owners0.04%
Short Float %N/A
Short RatioN/A

CHNG Industry Overview

CHNG operates in the Health Care Technology sub-industry within the Health Care sector. This group contains 31 stocks and is scored by ChartMill on both price strength and growth momentum.

Industry Strength Score

1/100
Composite price performance score based on 3, 6, and 12-month returns, with more weight on recent trends.

Industry Growth Score

47/100
Composite growth score based on earnings growth, revenue growth, and profitability across the sub-industry.

Relative Performance

Each rank shows how many other sub-industries were outperformed over that timeframe.

1 Month Rank
37%
Outperformed 37% of sub-industries
3 Month Rank
22%
Outperformed 22% of sub-industries
6 Month Rank
1%
Outperformed 1% of sub-industries

Industry Fundamentals & Breadth

Members
31
New Highs
3.2%
New Lows
9.7%
Average ROE
13.4%
Average Profit Margin
24.1%
Average Operating Margin
27.1%
Average P/E
31.3
Average Fwd P/E
20.4
Average Debt/Equity
0.5

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

IPO: 2019-06-27

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 stock price of CHANGE HEALTHCARE INC today?

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


Does CHANGE HEALTHCARE INC 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.


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.


Is CHANGE HEALTHCARE INC (CHNG) expected to grow?

The Revenue of CHANGE HEALTHCARE INC (CHNG) is expected to grow by 3.51% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.


What is the market capitalization of CHNG stock?

CHANGE HEALTHCARE INC (CHNG) has a market capitalization of 9.03B USD. This makes CHNG a Mid Cap stock.