Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) (TREND ANALYSIS), announced that it will report its financial results for the three months and year ended December 31, 2014, after the close of regular stock market hours on Thursday, February 26, 2015. Allscripts management plans to host a conference call and webcast to discuss the company’s earnings and other information at 4:30 p.m. Eastern Standard Time that same day.
More Details on the Fourth Quarter and Full Year 2014 Financial Results Call
The Allscripts earnings announcement will be distributed immediately after the close of regular stock market hours on February 26, 2015. The announcement will also be available at Allscripts investor relations website: http://investor.allscripts.com..
Stock Performance: Click here for a free comprehensive Trend Analysis Report
Taking a look at the company’s recent performance, Allscripts Healthcare Solutions Inc (MDRX) reported Third quarter earnings for fiscal year 2014 on November 06th. The company reported actual earnings per share of $0.06 against the consensus Street estimate of $0.10. This represents year over year growth of 16.67%. Allscripts Healthcare Solutions Inc (MDRX) posted revenue of $348.00 billion against estimates of $353.00 billion.
Allscripts Healthcare Solutions Inc (MDRX) is currently valued at $2.22 billion and closed the last trading session at $ 12.34. The stock has a 50-day moving average of $12.43 and a 200-day moving average of $13.87.
There are currently twenty three analysts that we track that cover the stock. Of those twenty three, ten have a Buy rating, twelve have a Hold rating and one has a sell rating. On a consensus basis this yields a score of 2.39 and a Hold. The combined price objective of these covering analysts is $17.10, which represents a 38.57% upside difference to the last closing price.
The most recent analyst activity consisted of RBC Capital downgrading their Sector Perform stance on the company. RBC Capital has decreased price target from $17.00 to $13.00. On the date of the report, the stock closed at $12.17.
Another research firm weighing in recently was Citigroup Inc. who reiterated their rating on the stock. On November 11th Citigroup Inc. downgraded their price target on the stock of $17.00 to $13.00, or a 5.34% upside to the current price. On the day of the report, MDRX shares closed at $11.23.
Company Profile
Allscripts Healthcare Solutions Inc (NASDAQ:MDRX) provides clinical, financial, connectivity, hosting, outsourcing, analytics, patient engagement, and population health solutions and services to consumers, physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, and post-acute organizations primarily in the United States and Canada. The company operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services. It provides integrated clinical software applications, financial and information solutions, and related installation and maintenance services to physician practices, hospitals, and health systems of various sizes, including electronic health record (EHR)-related software, financial and practice management software, related installation and training services, and electronic claims administration services.
