How to buy NextGen Healthcare stock | 15.8

NextGen Healthcare, Inc is a health information services business based in the US. NextGen Healthcare shares (NXGN) are listed on the NASDAQ and all prices are listed in US Dollars. NextGen Healthcare employs 2,754 staff and has a trailing 12-month revenue of around USD$545 million.

How to buy shares in NextGen Healthcare

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for NextGen Healthcare. Find the stock by name or ticker symbol: NXGN. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NextGen Healthcare reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$15.8, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NextGen Healthcare, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of NextGen Healthcare. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted NextGen Healthcare's share price?

Since the stock market crash in March caused by coronavirus, NextGen Healthcare's share price has had significant positive movement.

Its last market close was USD$15.8, which is 13.67% up on its pre-crash value of USD$13.64 and 209.80% up on the lowest point reached during the March crash when the shares fell as low as USD$5.1.

If you had bought USD$1,000 worth of NextGen Healthcare shares at the start of February 2020, those shares would have been worth USD$594.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,129.38.

NextGen Healthcare share price

Use our graph to track the performance of NXGN stocks over time.

NextGen Healthcare shares at a glance

• Key figures

Information last updated 2020-11-20.

Latest market close	USD$15.8
52-week range	USD$5.1 - USD$18.49
50-day moving average	USD$14.2994
200-day moving average	USD$12.4692
Wall St. target price	USD$15.17
PE ratio	111.7857
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$0.141

Buy NextGen Healthcare shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.

Is it a good time to buy NextGen Healthcare stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of NextGen Healthcare, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NextGen Healthcare price performance over time

Historical closes compared with the close of $15.8 from 2020-11-16

1 week (2020-11-17)	-0.63%
1 month (2020-10-27)	11.82%
3 months (2020-08-25)	16.78%
6 months (2020-05-23)	N/A

1 year (2019-11-25)	-11.41%
2 years (2018-11-23)	-1.37%
3 years (2017-11-24)	8.74%
5 years (2015-11-25)	-0.88%

Is NextGen Healthcare under- or over-valued?

Valuing NextGen Healthcare stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NextGen Healthcare's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NextGen Healthcare's P/E ratio

NextGen Healthcare's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 112x. In other words, NextGen Healthcare shares trade at around 112x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

NextGen Healthcare's PEG ratio

NextGen Healthcare's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.6998. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NextGen Healthcare's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

NextGen Healthcare's EBITDA

NextGen Healthcare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$34.2 million.

The EBITDA is a measure of a NextGen Healthcare's overall financial performance and is widely used to measure a its profitability.

NextGen Healthcare financials

Revenue TTM	USD$545 million
Operating margin TTM	3.96%
Gross profit TTM	USD$308.3 million
Return on assets TTM	2.17%
Return on equity TTM	2.42%
Profit margin	1.8%
Book value	$6.288
Market capitalisation	USD$1.1 billion

TTM: trailing 12 months

Shorting NextGen Healthcare shares

There are currently 1.6 million NextGen Healthcare shares held short by investors – that's known as NextGen Healthcare's "short interest". This figure is 8.2% up from 1.5 million last month.

There are a few different ways that this level of interest in shorting NextGen Healthcare shares can be evaluated.

NextGen Healthcare's "short interest ratio" (SIR)

NextGen Healthcare's "short interest ratio" (SIR) is the quantity of NextGen Healthcare shares currently shorted divided by the average quantity of NextGen Healthcare shares traded daily (recently around 291542.62589928). NextGen Healthcare's SIR currently stands at 5.56. In other words for every 100,000 NextGen Healthcare shares traded daily on the market, roughly 5560 shares are currently held short.

However NextGen Healthcare's short interest can also be evaluated against the total number of NextGen Healthcare shares, or, against the total number of tradable NextGen Healthcare shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NextGen Healthcare's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 NextGen Healthcare shares in existence, roughly 20 shares are currently held short) or 0.0423% of the tradable shares (for every 100,000 tradable NextGen Healthcare shares, roughly 42 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NextGen Healthcare.

Find out more about how you can short NextGen Healthcare stock.

NextGen Healthcare share dividends

We're not expecting NextGen Healthcare to pay a dividend over the next 12 months.

Have NextGen Healthcare's shares ever split?

NextGen Healthcare's shares were split on a 2:1 basis on 27 October 2011. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your NextGen Healthcare shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for NextGen Healthcare shares which in turn could have impacted NextGen Healthcare's share price.

NextGen Healthcare share price volatility

Over the last 12 months, NextGen Healthcare's shares have ranged in value from as little as $5.1 up to $18.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NextGen Healthcare's is 1.0609. This would suggest that NextGen Healthcare's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

NextGen Healthcare overview

NextGen Healthcare, Inc. provides ambulatory-focused healthcare software and services solutions in the United States. The company offers NextGen Enterprise electronic health record (EHR), which stores and maintains clinical patient information; and a workflow module, prescription management, automatic document and letter generation, patient education, referral tracking, interfaces to billing and lab systems, physician alerts and reminders, and reporting and data analysis tools. Its products also comprise NextGen Enterprise PM, a practice management (PM) solution; NextGen Office, a cloud-based EHR and PM solution; NextGen Mobile; and NextGen Electronic Healthcare Transactions. In addition, it provides population health solutions, such as NextGen Population Health Analytics, NextGen Population Health Patient Care Management, and NextGen Population Health Performance Management; and patient engagement solutions comprising NextGen Patient Portal, NextGen Self Scheduling, NextGen Patient Pay, and NextGen Virtual Visits solutions. Further, the company offers NextGen Connect Integration Engine, NextGen Health Data Hub, and NextGen Share interoperability solutions; managed services, including NextGen Managed Cloud and NextGen Revenue Cycle Management Services; professional services; and client service and support. It serves managed service organizations, independent physician associations, accountable care organizations, ambulatory care centers, and community health centers through a sales force and reseller channel. The company was formerly known as Quality Systems, Inc. and changed its name to NextGen Healthcare, Inc. in September 2018. NextGen Healthcare, Inc. was founded in 1974 and is headquartered in Irvine, California.

Frequently asked questions

• What percentage of NextGen Healthcare is owned by insiders or institutions?

  Currently 19.126% of NextGen Healthcare shares are held by insiders and 79.696% by institutions.

• How many people work for NextGen Healthcare?

  Latest data suggests 2,754 work at NextGen Healthcare.

• When does the fiscal year end for NextGen Healthcare?

  NextGen Healthcare's fiscal year ends in March.

• Where is NextGen Healthcare based?

  NextGen Healthcare's address is: 18111 Von Karman Avenue, Irvine, CA, United States, 92612

• What is NextGen Healthcare's ISIN number?

  NextGen Healthcare's international securities identification number is: US65343C1027

• What is NextGen Healthcare's CUSIP number?

  NextGen Healthcare's Committee on Uniform Securities Identification Procedures number is: 65343C102