Tabula Rasa HealthCare, Inc. (TRHC)

NASDAQ: TRHC · IEX Real-Time Price · USD
6.20
+0.30 (5.08%)
At close: Feb 3, 2023, 4:00 PM
5.80
-0.40 (-6.45%)
After-hours: Feb 3, 2023, 7:38 PM EST
5.08%
Market Cap 168.17M
Revenue (ttm) 302.49M
Net Income (ttm) -139.24M
Shares Out 27.12M
EPS (ttm) -5.81
PE Ratio n/a
Forward PE 217.39
Dividend n/a
Ex-Dividend Date n/a
Volume 77,661
Open 5.88
Previous Close 5.90
Day's Range 5.66 - 6.21
52-Week Range 2.09 - 10.34
Beta 1.52
Analysts Buy
Price Target 6.04 (-2.58%)
Earnings Date Feb 23, 2023

About TRHC

Tabula Rasa HealthCare, Inc. operates as a healthcare technology company in the United States. The company operates in two segments, CareVention HealthCare and MedWise HealthCare. It offers EireneRx, a cloud-based medication decision-support and e-prescribing platform to access patient medication-related information; and MedWise medication therapy management software, a cloud-based platform designed to aid in the identification and resolution of medication and health-related problems. The company also provides TruChart that offers electronic he... [Read more]

Sector Healthcare
IPO Date Sep 29, 2016
Employees 1,602
Stock Exchange NASDAQ
Ticker Symbol TRHC
Full Company Profile

Financial Performance

In 2021, TRHC's revenue was $331.26 million, an increase of 11.45% compared to the previous year's $297.22 million. Losses were -$79.06 million, -2.36% less than in 2020.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for TRHC stock is "Buy." The 12-month stock price forecast is $6.04, which is a decrease of -2.58% from the latest price.

Price Target
$6.04
(-2.58% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Newsweek Names Tabula Rasa HealthCare Among America's Greatest Workplaces for Diversity

MOORESTOWN, N.J. , Jan. 19, 2023 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, was named among Ame...

2 weeks ago - PRNewsWire

Tabula Rasa HealthCare Announces Preliminary Estimated Fourth Quarter 2022 Revenues From Continuing Operations

Reports Preliminary Estimated Revenue from Continuing Operations of $82.0 - $83.0 Million for the Fourth Quarter of 2022, Continuing Strong 2022 Revenue Performance as Company Focuses on Core Business...

2 weeks ago - PRNewsWire

Center for Elders' Independence Signs with TRHC for Key PACE Services

Agreement with one of the nation's largest PACE programs underscores TRHC's momentum delivering PACE-specific products and services into this crucial market  MOORESTOWN, N.J. , Nov. 8, 2022 /PRNewswir...

3 months ago - PRNewsWire

Tabula Rasa Healthcare (TRHC) Reports Q3 Loss, Tops Revenue Estimates

Tabula Rasa Healthcare (TRHC) delivered earnings and revenue surprises of -1,366.67% and 4.64%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the...

3 months ago - Zacks Investment Research

Tabula Rasa HealthCare Reports Third Quarter 2022 Results

Revenue from continuing operations of $77.1 million increased 14% vs. a year ago GAAP net loss from continuing operations of $25.9 million vs.

3 months ago - PRNewsWire

Tabula Rasa HealthCare Names April Gill Chief Commercial Officer

MOORESTOWN, N.J. , Nov. 1, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced the ...

3 months ago - PRNewsWire

Tabula Rasa HealthCare Named a 2022 Champion of Board Diversity

MOORESTOWN, N.J. , Oct. 26, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, was named a Champio...

3 months ago - PRNewsWire

Tabula Rasa HealthCare Schedules Third Quarter 2022 Earnings Conference Call

MOORESTOWN, N.J. , Oct. 20, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (NASDAQ:TRHC), will hold a conference call and webcast to discuss its third quarter 2022 operating results Friday, Novemb...

3 months ago - PRNewsWire

TRHC Adds Ron Mitchell to its Board of Directors

Ron Mitchell, Co-Founder and CEO of Humanity Health, joins Board of Directors   MOORESTOWN, N.J. , Oct. 11, 2022 /PRNewswire/ --  Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthc...

4 months ago - PRNewsWire

TRHC's Clinical Advisory Panel Meeting Provides Insights on PACE Pharmacy

MOORESTOWN, N.J. , Sept. 21, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.®  (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, hosted its 2022 C...

4 months ago - PRNewsWire

IRobot and Tabula Rasa See Activist Action

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities.

Other symbols: IRBT
5 months ago - Market Watch

Tabula Rasa HealthCare Announces Cooperation Agreement with Indaba Capital Management to Refresh the Company's Leadership and Board of Directors

Agreement Also Provides for Enhancements to the Company's Corporate Governance, Including a Commitment to Propose a De-Classification of the Board at the 2023 Annual Meeting MOORESTOWN, N.J. , Sept. 1...

5 months ago - PRNewsWire

Tabula Rasa HealthCare Announces Leadership Transition

Drs. Calvin H. Knowlton  and Orsula V.

5 months ago - PRNewsWire

Here Is Why Bargain Hunters Would Love Fast-paced Mover Tabula Rasa Healthcare (TRHC)

Tabula Rasa Healthcare (TRHC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several...

5 months ago - Zacks Investment Research

New Study Demonstrates Benefit of Advanced Decision Support in Driving Pharmacist Recommendations to Reduce Medication Risk

Medication decision support helps identify potentially inappropriate medication MOORESTOWN, N.J. , Aug. 16, 2022 /PRNewswire/ -- A new peer-reviewed study from Tabula Rasa HealthCare, Inc.® (TRHC) (NA...

6 months ago - PRNewsWire

Indaba Issues Letter to Tabula Rasa's Independent Directors Regarding Their Apparent Prioritization of the Knowltons' Interests Over Shareholders' Interests

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest shareholder of Tabula Rasa HealthCare Inc. (NASDAQ: TRHC) (“Tabula...

6 months ago - Business Wire

Does Tabula Rasa Healthcare (TRHC) Have the Potential to Rally 80% as Wall Street Analysts Expect?

The mean of analysts' price targets for Tabula Rasa Healthcare (TRHC) points to a 79.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement...

6 months ago - Zacks Investment Research

Tabula Rasa Healthcare (TRHC) Reports Q2 Loss, Tops Revenue Estimates

Tabula Rasa Healthcare (TRHC) delivered earnings and revenue surprises of -3,300% and 5.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Tabula Rasa HealthCare Reports Second Quarter 2022 Results

Revenue from continuing operations of $72.6 million increased 13% vs. a year ago, driven by CareVention HealthCare revenue growth of 17%.

6 months ago - PRNewsWire

Here's Why Tabula Rasa Healthcare (TRHC) Is a Great 'Buy the Bottom' Stock Now

After losing some value lately, a hammer chart pattern has been formed for Tabula Rasa Healthcare (TRHC), indicating that the stock has found support. This, combined with an upward trend in earnings e...

6 months ago - Zacks Investment Research

Transaction Data Systems Completes Acquisition of PrescribeWellness

ORLANDO, Fla.--(BUSINESS WIRE)--Transaction Data Systems (TDS), the leader in pharmacy software solutions, today announced the successful completion of its acquisition of PrescribeWellness from Tabula...

6 months ago - Business Wire

Tabula Rasa HealthCare Completes Sale of PrescribeWellness to Transaction Data Systems for $140 Million

MOORESTOWN, N.J. , Aug. 1, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® ("TRHC" or the "Company") (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, a...

6 months ago - PRNewsWire

Tabula Rasa Healthcare (TRHC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Tabula Rasa Healthcare (TRHC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Indaba Capital Delivers Demand for Inspection of Books and Records of Tabula Rasa HealthCare, Pursuant to Section 220 of Delaware Law

SAN FRANCISCO--(BUSINESS WIRE)--Indaba Capital Management L.P. (together with its affiliates, “Indaba” or “we”), which is the largest shareholder of Tabula Rasa HealthCare Inc. (NASDAQ: TRHC) (“Tabula...

6 months ago - Business Wire

Tabula Rasa HealthCare Announces Five-Year Contract Extension with Trinity Health PACE

MOORESTOWN, N.J. , July 27, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc.® (TRHC) (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced a f...

6 months ago - PRNewsWire