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Change Healthcare, Inc. (CHNG)

Stock Price: $15.41 USD 0.33 (2.16%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
After-hours: $15.30 -0.11 (-0.68%) Oct 23, 4:43 PM

Stock Price Chart

Key Info

Market Cap 4.69B
Revenue (ttm) 890.98M
Net Income (ttm) -968.78M
Shares Out 304.30M
EPS (ttm) -0.77
PE Ratio n/a
Forward PE 14.27
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 23, 2020
Last Price $15.41
Previous Close $15.08
Change ($) 0.33
Change (%) 2.16%
Day's Open 15.14
Day's Range 14.94 - 15.43
Day's Volume 1,807,519
52-Week Range 6.18 - 17.57

More Stats

Market Cap 4.69B
Enterprise Value 9.69B
Earnings Date (est) Nov 4, 2020
Ex-Dividend Date n/a
Shares Outstanding 304.30M
Float 228.03M
EPS (basic) -6.74
EPS (diluted) -0.77
FCF / Share -0.20
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 12.49M
Short Ratio 4.47
Short % of Float 5.48%
Beta n/a
PE Ratio n/a
Forward PE 14.27
P/FCF Ratio n/a
PS Ratio 5.26
PB Ratio 1.42
Revenue 890.98M
Operating Income -718.61M
Net Income -968.78M
Free Cash Flow -64.60M
Net Cash -5.01B
Net Cash / Share -16.45
Gross Margin 12.65%
Operating Margin -80.65%
Profit Margin -108.70%
FCF Margin -7.25%
ROA -1.77%
ROE -44.33%
ROIC -26.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (20)

Buy 18
Overweight 1
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$18.00*
(16.85% upside)
Low
14.0
Current: $15.41
High
22.0
Target: 18.00
*Average 12-month price target from 18 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017
Revenue197--
Gross Profit125--
Operating Income-711-1.16-0.18
Net Income-948-52.0160.96
Shares Outstanding13775.5175.59
Earnings Per Share-6.92-0.690.78
Operating Cash Flow-1543.41-
Capital Expenditures-13.00--
Free Cash Flow-1673.41-
Cash & Equivalents4103.4150.01
Total Debt4,989-5,921
Net Cash / Debt-4,5793.41-5,871
Assets10,1071,2996,201
Liabilities6,8221667,267
Book Value3,2851,132-1,066
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Change Healthcare, Inc.
Country United States
Employees 15,000
CEO Neil E. de Crescenzo

Stock Information

Ticker Symbol CHNG
Stock Exchange NASDAQ
Sector Healthcare
Industry Health Information Services
Unique Identifier NASDAQ: CHNG
IPO Date June 27, 2019

Description

Change Healthcare, an independent healthcare technology platform, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system. It operates through three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment offers software and analytics solutions for financial performance, payment accuracy, clinical decision management, value-based payment, provider and consumer engagement, and imaging and clinical workflow. The Network Solutions segment enables financial, administrative, and clinical transactions; electronic business-to-business and consumer-to-business payments; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment provides solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company was founded in 2016 and is headquartered in Nashville, Tennessee.