Change Healthcare, Inc. (CHNG)

NASDAQ: CHNG · IEX Real-Time Price · USD
27.49
+0.07 (0.26%)
At close: Sep 30, 2022 4:00 PM
27.45
-0.04 (-0.15%)
After-hours: Sep 30, 2022 7:08 PM EDT
0.26%
Market Cap 9.03B
Revenue (ttm) 3.50B
Net Income (ttm) -76.95M
Shares Out 328.31M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 17.76
Dividend n/a
Ex-Dividend Date n/a
Volume 28,984,942
Open 27.47
Previous Close 27.42
Day's Range 27.42 - 27.55
52-Week Range 18.97 - 27.59
Beta 1.02
Analysts Buy
Price Target 27.85 (+1.3%)
Earnings Date Nov 1, 2022

About CHNG

Change Healthcare Inc., an independent healthcare technology company, 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 revenue cycle management, provider network management, payment accuracy, clinical decision support, value-based payment, con... [Read more...]

Industry Health Care Technology
IPO Date Jun 27, 2019
Employees 14,000
Stock Exchange NASDAQ
Ticker Symbol CHNG
Full Company Profile

Financial Performance

In 2021, CHNG's revenue was $3.48 billion, an increase of 12.63% compared to the previous year's $3.09 billion. Losses were -$57.39 million, -48.85% less than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for CHNG stock is "Buy." The 12-month stock price forecast is 27.85, which is an increase of 1.31% from the latest price.

Price Target
$27.85
(1.31% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Change Healthcare (CHNG) Soars 6.4%: Is Further Upside Left in the Stock?

Change Healthcare (CHNG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...

1 week ago - Zacks Investment Research

Court rejects DOJ's request to halt UnitedHealth's merger with Change Healthcare

A district court judge on Monday denied the Department of Justice's request to stop the planned merger of UnitedHealth Group and Change Healthcare.

Other symbols: UNH
1 week ago - Fox Business

District Court Denies Request to Enjoin Acquisition of Change Healthcare Inc. by UnitedHealth Group Incorporated: Cha...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Yesterday, the U.S. District Court for the District of Columbia issued an opinion and final appealable order denying the request made by the U.S. Department of Justice...

Other symbols: UNH
1 week ago - Business Wire

Why Is Change Healthcare (CHNG) Stock Soaring Today?

One of the few bright spots in the market this year has been Change Healthcare (NASDAQ: CHNG ). On a year-to-date basis, CHNG stock is up approximately 29%.

1 week ago - InvestorPlace

How These 2 Nasdaq Stocks Are Bucking Tuesday's Tumble

Even in challenging times, there's good news for some companies.

Other symbols: WYNN
1 week ago - The Motley Fool

UnitedHealth's $13B Change Acquisition Paves Path to Connected Care

A judicial green light, of sorts, for a multi-billion dollar merger looks poised to cement healthcare's place in the connected economy — especially when it comes to paying for it all. To that end, the r...

Other symbols: UNH
1 week ago - PYMNTS

Judge denies DOJ request to block UnitedHealth-Change acquisition

A U.S. judge has denied the Justice Department's effort to block UnitedHealth's bid to buy Change Healthcare. CNBC's David Faber breaks down the details.

Other symbols: UNH
1 week ago - CNBC Television

Change Healthcare's stock is up after judge rules in favor of UnitedHealth acquisition

Shares of Change Healthcare Inc. CHNG, +7.05% jumped 7.0% in premarket trading on Tuesday, the day after a federal judge ruled in favor of UnitedHealth Group's UNH, -1.41% acquisition of the company, ac...

Other symbols: UNH
1 week ago - Market Watch

Change Healthcare Stock Surges After UnitedHealth Merger Challenge Blocked

Citi downgrades Change Healthcare in wake of the news, saying the trial played out as it expected.

Other symbols: UNH
1 week ago - Barrons

UnitedHealth Sees Court Win In Change Healthcare Acquisition Case

A federal judge has ruled against a Justice Department antitrust challenge to UnitedHealth Group's $13 billion acquisition of Change Healthcare, a health tech firm, The Wall Street Journal reported Mond...

Other symbols: UNH
1 week ago - PYMNTS

Judge denies DOJ's request to block UnitedHealth's acquisition of Change Healthcare

WASHINGTON — A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.'s UNH, +0.49%  $13 billion acquisition of health-technology firm Change Healthcare I...

Other symbols: UNH
1 week ago - Market Watch

Judge denies U.S. bid to stop UnitedHealth plan to buy Change

A U.S. judge on Monday denied the Justice Department's bid to stop UnitedHealth Group from buying Change Healthcare , a court filing showed, in a blow to the U.S. administration's tougher enforcement of...

Other symbols: UNH
1 week ago - Reuters

Here's Why You Should Retain Change Healthcare (CHNG) Stock

Change Healthcare (CHNG) continues to benefit from strategic deals. However, intense competition remains a woe.

3 weeks ago - Zacks Investment Research

Change Healthcare (CHNG) Q1 Earnings & Revenues Miss Estimates

Change Healthcare's (CHNG) fiscal first-quarter 2023 results benefit from solid performance across Software and Analytics, Network Solutions and Enterprise Imaging segments.

1 month ago - Zacks Investment Research

Change Healthcare (CHNG) Q1 Earnings and Revenues Miss Estimates

Change Healthcare (CHNG) delivered earnings and revenue surprises of -2.56% and 0.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Change Healthcare Inc. Reports First Quarter Fiscal 2023 Financial Results

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare Inc. Reports First Quarter Fiscal 2023 Financial Results

1 month ago - Business Wire

Change Healthcare Inc. Announces Date for First Quarter Fiscal 2023 Earnings Release and Earnings Call

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare Inc. Announces Date for First Quarter Fiscal 2023 Earnings Release and Earnings Call

2 months ago - Business Wire

Why Is Change Healthcare (CHNG) Up 0.5% Since Last Earnings Report?

Change Healthcare (CHNG) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Change Healthcare (CHNG)-Luma Launch Patient Engagement Suite

Change Healthcare's (CHNG) latest launch is expected to significantly improve patients' healthcare journey and create a more streamlined patient experience.

3 months ago - Zacks Investment Research

Change Healthcare, in Collaboration with Luma Health, Launches Patient Engagement, a Suite of Technology Solutions to...

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare, in Collaboration with Luma Health, Launches Patient Engagement, a Suite of Technology Solutions to Unify the Patient Journey

3 months ago - Business Wire

Change Healthcare (CHNG) Q4 Earnings Miss Estimates, Revenues Top

Change Healthcare's (CHNG) fiscal fourth-quarter results benefit from solid performance across Software and Analytics, Network Solutions and Technology-Enabled segments.

4 months ago - Zacks Investment Research

Change Healthcare (CHNG) Q4 Earnings Miss Estimates

Change Healthcare (CHNG) delivered earnings and revenue surprises of -9.30% and 1.78%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Change Healthcare Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare Inc. Reports Fourth Quarter and Full Year Fiscal 2022 Financial Results

4 months ago - Business Wire

Change Healthcare (CHNG) Earnings Expected to Grow: Should You Buy?

Change Healthcare (CHNG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Change Healthcare Inc. Announces Date for Fourth Quarter and Full Year Fiscal 2022 Earnings Release and Earnings Call

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare Inc. Announces Date for Fourth Quarter and Full Year Fiscal 2022 Earnings Release and Earnings Call

4 months ago - Business Wire