Logo image of CHNG

CHANGE HEALTHCARE INC (CHNG) Stock Price, Quote, News and Overview

NASDAQ:CHNG - Nasdaq - US15912K1007 - Common Stock - Currency: USD

27.49  +0.07 (+0.26%)

After market: 27.45 -0.04 (-0.15%)

CHNG Quote, Performance and Key Statistics

CHANGE HEALTHCARE INC

NASDAQ:CHNG (9/30/2022, 8:12:24 PM)

After market: 27.45 -0.04 (-0.15%)

27.49

+0.07 (+0.26%)

Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryHealth Care Technology
Statistics
52 Week High27.59
52 Week Low18.97
Market Cap9.03B
Shares328.31M
Float264.40M
Yearly DividendN/A
Dividend YieldN/A
PE18.57
Fwd PE15.89
Earnings (Next)11-02 2022-11-02/amc
IPO06-27 2019-06-27


CHNG short term performance overview.The bars show the price performance of CHNG in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15 20 25

CHNG long term performance overview.The bars show the price performance of CHNG in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30

The current stock price of CHNG is 27.49 USD. In the past month the price increased by 11.07%. In the past year, price increased by 30.16%.

CHANGE HEALTHCARE INC / CHNG Daily stock chart

CHNG Competitors/Peers

The largest stocks on the US markets in the "Health Care Technology" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
VEEV VEEVA SYSTEMS INC-CLASS A 36.13 36.66B
DOCS DOXIMITY INC-CLASS A 56.54 13.58B
WAY WAYSTAR HOLDING CORP N/A 7.26B
CERT CERTARA INC 33.77 2.12B
TDOC TELADOC HEALTH INC N/A 1.98B
GDRX GOODRX HOLDINGS INC-CLASS A 15.03 1.83B
SDGR SCHRODINGER INC N/A 1.65B
PHR PHREESIA INC N/A 1.64B
EVH EVOLENT HEALTH INC - A 15.8 1.22B
HSTM HEALTHSTREAM INC 50.58 999.88M
LFMDP LIFEMD INC - LFMD 8 7/8 PERP N/A 966.46M
DH DEFINITIVE HEALTHCARE CORP 14.47 762.50M

About CHNG

Company Profile

CHNG logo image Change Healthcare, Inc. engages in the development of a healthcare technology platform that offers data and analytics-driven solutions. The company is headquartered in Nashville, Tennessee and currently employs 14,000 full-time employees. The company went IPO on 2019-06-27. The firm is focused on the transformation of the healthcare system through its Change Healthcare platform. The firm operates through three business segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. Its Software and Analytics segment provide solutions for revenue cycle management, provider network management, payment accuracy, value-based payments, clinical decision support, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. Its Network Solutions segment provide solutions for financial, administrative, and clinical and pharmacy transactions, electronic payments and aggregation and analytics of clinical and financial data. Its Technology-Enabled Services segment provides solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration and healthcare consulting.

Company Info

CHANGE HEALTHCARE INC

424 Church Street, Suite 1400

Nashville TENNESSEE 37219 US

CEO: Neil E. de Crescenzo

Employees: 14000

Company Website: https://www.changehealthcare.com/

Phone: 16159323000.0

CHANGE HEALTHCARE INC / CHNG FAQ

What is the stock price of CHANGE HEALTHCARE INC today?

The current stock price of CHNG is 27.49 USD. The price increased by 0.26% in the last trading session.


What is the ticker symbol for CHANGE HEALTHCARE INC stock?

The exchange symbol of CHANGE HEALTHCARE INC is CHNG and it is listed on the Nasdaq exchange.


On which exchange is CHNG stock listed?

CHNG stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for CHANGE HEALTHCARE INC stock?

17 analysts have analysed CHNG and the average price target is 27.85 USD. This implies a price increase of 1.32% is expected in the next year compared to the current price of 27.49. Check the CHANGE HEALTHCARE INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CHANGE HEALTHCARE INC worth?

CHANGE HEALTHCARE INC (CHNG) has a market capitalization of 9.03B USD. This makes CHNG a Mid Cap stock.


How many employees does CHANGE HEALTHCARE INC have?

CHANGE HEALTHCARE INC (CHNG) currently has 14000 employees.


What are the support and resistance levels for CHANGE HEALTHCARE INC (CHNG) stock?

CHANGE HEALTHCARE INC (CHNG) has a support level at 25.72 and a resistance level at 27.5. Check the full technical report for a detailed analysis of CHNG support and resistance levels.


Is CHANGE HEALTHCARE INC (CHNG) expected to grow?

The Revenue of CHANGE HEALTHCARE INC (CHNG) is expected to grow by 3.51% in the next year. Check the estimates tab for more information on the CHNG EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CHANGE HEALTHCARE INC (CHNG) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CHANGE HEALTHCARE INC (CHNG) stock pay dividends?

CHNG does not pay a dividend.


When does CHANGE HEALTHCARE INC (CHNG) report earnings?

CHANGE HEALTHCARE INC (CHNG) will report earnings on 2022-11-02, after the market close.


What is the Price/Earnings (PE) ratio of CHANGE HEALTHCARE INC (CHNG)?

The PE ratio for CHANGE HEALTHCARE INC (CHNG) is 18.57. This is based on the reported non-GAAP earnings per share of 1.48 and the current share price of 27.49 USD. Check the full fundamental report for a full analysis of the valuation metrics for CHNG.


CHNG Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to CHNG. When comparing the yearly performance of all stocks, CHNG is one of the better performing stocks in the market, outperforming 95.77% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CHNG Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to CHNG. CHNG has a medium profitability rating, but doesn't score so well on its financial health evaluation.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CHNG Financial Highlights

Over the last trailing twelve months CHNG reported a non-GAAP Earnings per Share(EPS) of 1.48. The EPS decreased by -0.67% compared to the year before.


Industry RankSector Rank
PM (TTM) -2.2%
ROA -0.8%
ROE N/A
Debt/Equity 1.36
Chartmill High Growth Momentum
EPS Q2Q%-7.32%
Sales Q2Q%1.91%
EPS 1Y (TTM)-0.67%
Revenue 1Y (TTM)7.15%

CHNG Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 72% to CHNG. The Buy consensus is the average rating of analysts ratings from 17 analysts.

For the next year, analysts expect an EPS growth of -1.57% and a revenue growth 3.51% for CHNG


Ownership
Inst Owners0.07%
Ins Owners0.04%
Short Float %N/A
Short RatioN/A
Analysts
Analysts71.76
Price Target27.85 (1.31%)
EPS Next Y-1.57%
Revenue Next Year3.51%