Change Healthcare is a health information services business based in the US. Change Healthcare shares (CHNG) are listed on the NASDAQ and all prices are listed in US Dollars. Change Healthcare employs 14,000 staff and has a trailing 12-month revenue of around $3.5 billion.
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| Latest market close | $27.49 |
|---|---|
| 52-week range | $0.00 - $0.00 |
| 50-day moving average | $25.26 |
| 200-day moving average | $22.97 |
| Wall St. target price | $25.75 |
| PE ratio | N/A |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $-0.18 |
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.
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.
Historical closes compared with the close of $27.49 from 2022-10-03
| 1 week (2024-07-15) | N/A |
|---|---|
| 1 month (2024-06-22) | N/A |
| 3 months (2024-04-22) | N/A |
| 6 months (2024-01-22) | N/A |
| 1 year (2023-07-22) | N/A |
|---|---|
| 2 years (2022-07-25) | 13.13% |
| 3 years (2021-07-26) | 24.95% |
| 5 years (2019-07-26) | 89.85% |
Valuing Change Healthcare stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Change Healthcare's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Change Healthcare's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8807. 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 Change 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.
Change Healthcare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $694 million.
The EBITDA is a measure of a Change Healthcare's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $3.5 billion |
|---|---|
| Operating margin TTM | 3.86% |
| Gross profit TTM | $1.8 billion |
| Return on assets TTM | 0.86% |
| Return on equity TTM | -2.35% |
| Profit margin | -2.2% |
| Book value | $10.07 |
| Market Capitalization | $9 billion |
TTM: trailing 12 months
Dividend payout ratio: 1.77% of net profits
Recently Change Healthcare has paid out, on average, around 1.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Change Healthcare shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Change Healthcare's case, that would currently equate to about $0 per share.
While Change Healthcare's payout ratio might seem low, this can signify that Change Healthcare is investing more in its future growth.
Over the last 12 months, Change Healthcare's shares have ranged in value from as little as $0 up to $0. 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 Change Healthcare's is 1.0158. This would suggest that Change 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).
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, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. The Network Solutions segment provides solutions for financial, administrative, and clinical and pharmacy transactions; connected consumer health; network; electronic payments; data; pharmacy; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment offers solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company serves commercial insurers, private insurers, BlueCross Blue Shield plans, Medicare/Medicaid plans, provider-sponsored payers, third party administrators, emerging technology and data-driven health plans, and other specialty health benefits insurers, as well as hospitals and health systems, physician practices, dentists, pharmacies, skilled nursing facilities, home health agencies, telehealth providers, senior care facilities, laboratories, and other healthcare providers.
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