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Change Healthcare Inc. CHNG

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Price alert · CHNG

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27.49 +27.49 —

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Open
—
Prev close
0.00
Mkt cap
9.03B
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
—
High
—
Forward P/E
16.97
Beta
1.02
Short ratio
6.71
Inst. own
94.74%
Dividend
0.00
Ex-div date
Earnings
Nov 2, 2022
50-d avg
25.26
200-d avg
22.97
1y target
26.42

2Y chart

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Key statistics

Market cap
9.03B
Enterprise value
13.47B
Trailing P/E
0.00
Forward P/E
16.97
PEG ratio
1.45
Price / sales
2.58
Price / book
2.73
EPS (TTM)
-0.18
Beta
1.02
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-2.20%
Revenue (TTM)
3.50B
Revenue growth
1.90%
Free cash flow
445.79M
Total cash
113.30M
Total debt
4.56B
Return on equity
-2.35%
Shares outstanding
328.31M
Short % of float
6.35%
50-day average
25.26
200-day average
22.97

Analyst view

Consensus: buy

Buy
Price target (mean) 26.42 -3.9% downside
Target (low)
25.75
Target (mean)
26.42
Target (high)
27.75

Next earnings

Nov 2, 2022

Expected Nov 2, 2022. Consensus EPS estimate 0.22.

Earnings history

Financials — quick view

All financials
CHNG Revenue — quarterly 884.47M
2019-Q2 20182019-Q3 20182019-Q4 20192020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 2022
CHNG Net income — quarterly -23.17M
2019-Q2 20182019-Q3 20182019-Q4 20192020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 2022
CHNG EPS — quarterly -0.07
2019-Q2 20182019-Q3 20182019-Q4 20192020-Q1 20192020-Q2 20192020-Q3 20192020-Q4 20202021-Q1 20202021-Q2 20202021-Q3 20202021-Q4 20212022-Q1 20212022-Q2 20212022-Q3 20212022-Q4 20222023-Q1 2022

Earnings

CHNG recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 2, 2022Sep 1, 20220.24———
Aug 3, 2022Jun 1, 20220.39———
May 25, 2022Mar 1, 20220.43———
Feb 2, 2022Dec 1, 20210.36———
Nov 3, 2021Sep 1, 20210.34———
Aug 4, 2021Jun 1, 20210.46———

Upgrades / downgrades

CHNG analyst upgrades and downgrades
DateFirmActionFromTo
Sep 20, 2022CitigroupdownBuyNeutral
Sep 20, 2022Piper SandlerdownOverweightNeutral
Sep 7, 2022Truist Securitiesinit—Hold
Jun 1, 2022Citigroupmain—Buy
May 31, 2022Credit Suissemain—Neutral
Jan 11, 2021BerenbergdownBuyHold

About Change Healthcare Inc.

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. Change Healthcare Inc. was incorporated in 2016 and is headquartered in Nashville, Tennessee.

Sector
Healthcare
Industry
Health Information Services
Country
United States

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Insider holders

CHNG insider holders
InsiderRelationLatest transactionDateShares held
CALHOUN AUGUSTOfficerStock Award(Grant)May 31, 2022260,417
CECIL LORETTA ARLENEGeneral CounselStock Award(Grant)May 31, 2022205,107
DE CRESCENZO NEIL E.Chief Executive OfficerStock Award(Grant)May 31, 20221,424,120
ELIASSON FREDRIK JChief Financial OfficerStock Award(Grant)May 31, 2022735,795
JOSHI KRITENOfficerConversion of Exercise of derivative securityJul 31, 2022523,112
LAUR THOMASOfficerStock Award(Grant)May 31, 2022230,553

Institution ownership

CHNG institution ownership
Holder% heldSharesValueReported
Blackstone Inc18.16%59,620,2531.64BJun 29, 2022
Vanguard Group, Inc. (The)6.72%22,061,619606.47MJun 29, 2022
Clarkston Capital Partners LLC5.58%18,328,712503.86MJun 29, 2022
Abrams Capital Management, L.P.5.17%16,978,220466.73MJun 29, 2022
AllianceBernstein, L.P.4.62%15,158,581416.71MJun 29, 2022
Blackrock Inc.3.35%11,001,381302.43MJun 29, 2022

Fund ownership

CHNG fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.09%6,875,122189.00MJun 29, 2022
Alps Ser Tr-Clarkston Partners Fd1.80%5,920,000162.74MJun 29, 2022
Vanguard Small-Cap Index Fund1.80%5,907,794162.41MJun 29, 2022
Vanguard Small Cap Value Index Fund1.19%3,905,099107.35MJun 29, 2022
Vanguard Extended Market Index Fund1.04%3,401,71393.51MJun 29, 2022
Fidelity Select Portfolios - Medical Technology & Devices Port0.64%2,100,00057.73MAug 30, 2022
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