TruBridge (TBRG) Scheduled to Post Quarterly Earnings on Thursday

TruBridge (NASDAQ:TBRG - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

TruBridge (NASDAQ:TBRG - Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.07). TruBridge had a positive return on equity of 6.57% and a negative net margin of 15.93%. The firm had revenue of $84.73 million for the quarter, compared to analysts' expectations of $80.71 million. On average, analysts expect TruBridge to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TruBridge Stock Up 0.2 %

Shares of TBRG traded up $0.02 during midday trading on Thursday, reaching $12.83. 59,709 shares of the stock were exchanged, compared to its average volume of 152,631. The company has a current ratio of 1.77, a quick ratio of 1.76 and a debt-to-equity ratio of 0.98. The company's 50 day moving average is $12.41 and its two-hundred day moving average is $10.87. The company has a market capitalization of $191.94 million, a P/E ratio of -3.50, a PEG ratio of 2.98 and a beta of 0.62. TruBridge has a 52 week low of $7.55 and a 52 week high of $14.43.

Analysts Set New Price Targets

TBRG has been the topic of several recent research reports. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $13.00 target price on shares of TruBridge in a research report on Friday, October 4th. Royal Bank of Canada reiterated an "outperform" rating and issued a $14.00 target price on shares of TruBridge in a report on Tuesday, September 17th.

Insider Activity at TruBridge

In other TruBridge news, major shareholder Pinetree Capital Ltd. bought 3,997 shares of the firm's stock in a transaction that occurred on Wednesday, October 2nd. The stock was bought at an average cost of $11.93 per share, for a total transaction of $47,684.21. Following the completion of the transaction, the insider now directly owns 603,997 shares of the company's stock, valued at approximately $7,205,684.21. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.60% of the stock is owned by insiders.

TruBridge Company Profile

TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.