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NASDAQ:TBRG

TruBridge (TBRG) Stock Price, News & Analysis

TruBridge logo
$16.40 -0.12 (-0.73%)
(As of 09:48 AM ET)

About TruBridge Stock (NASDAQ:TBRG)

Key Stats

Today's Range
$16.40
$16.40
50-Day Range
$11.86
$16.52
52-Week Range
$7.55
$16.62
Volume
1,048 shs
Average Volume
146,229 shs
Market Capitalization
$244.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.50
Consensus Rating
Moderate Buy

Company Overview

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. The company provides acute care solutions and related services for community hospitals, and physician clinics; and patient engagement and empowerment technology solutions to improve patient outcomes and engagement strategies with care providers. In addition, it offers patient liability estimates eligibility verification, claim scrubbing and submission, remittance management, denial/audit management, and contract management; and offers RCM services, such as accounts receivable management, private pay service, medical coding, revenue cycle consulting, and other additional insurance and patient billing services. Further, it offers consulting and business management services; managed IT services; encoder solutions; patient management; financial accounting; clinical; patient care; and enterprise applications. Additionally, it offers TruBridge HER platform, including total system support, national client conference, continuing education, software releases, hardware replacement, cloud electronic health record, forms and supplies, and public cloud infrastructure services; post-acute care software systems, and support and maintenance services; and InstantPHR, an interactive portal and CHBase which funnels data from multiple sources into one platform. The company was formerly known as Computer Programs and Systems, Inc. and changed its name to TruBridge, Inc. in March 2024. TruBridge, Inc. was founded in 1979 and is headquartered in Mobile, Alabama.

TruBridge Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
37th Percentile Overall Score

TBRG MarketRank™: 

TruBridge scored higher than 37% of companies evaluated by MarketBeat, and ranked 788th out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TruBridge has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TruBridge has only been the subject of 4 research reports in the past 90 days.

  • Read more about TruBridge's stock forecast and price target.
  • Earnings Growth

    Earnings for TruBridge are expected to grow by 666.67% in the coming year, from $0.12 to $0.92 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TruBridge is -4.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TruBridge is -4.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    TruBridge has a PEG Ratio of 36.40. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TruBridge has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about TruBridge's valuation and earnings.
  • Percentage of Shares Shorted

    2.33% of the float of TruBridge has been sold short.
  • Short Interest Ratio / Days to Cover

    TruBridge has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in TruBridge has recently decreased by 4.48%, indicating that investor sentiment is improving.
  • Dividend Yield

    TruBridge does not currently pay a dividend.

  • Dividend Growth

    TruBridge does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.33% of the float of TruBridge has been sold short.
  • Short Interest Ratio / Days to Cover

    TruBridge has a short interest ratio ("days to cover") of 5.8.
  • Change versus previous month

    Short interest in TruBridge has recently decreased by 4.48%, indicating that investor sentiment is improving.
  • News Sentiment

    TruBridge has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for TruBridge this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, TruBridge insiders have bought more of their company's stock than they have sold. Specifically, they have bought $47,684.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 3.60% of the stock of TruBridge is held by insiders.

  • Percentage Held by Institutions

    88.64% of the stock of TruBridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TruBridge's insider trading history.
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TBRG Stock News Headlines

RBC Capital Remains a Buy on TruBridge (TBRG)
TruBridge Gains 21%, Insider Trades Reap Benefit
My #1 Pre IPO Trade for 2025 – NAME and TICKER
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Barclays Reaffirms Their Hold Rating on TruBridge (TBRG)
TruBridge reports Q3 adjusted EPS (21c), consensus 27c
TruBridge Reports Q3 2024 Financial Growth and Leadership Change
See More Headlines

TBRG Stock Analysis - Frequently Asked Questions

TruBridge's stock was trading at $7.97 at the start of the year. Since then, TBRG stock has increased by 107.3% and is now trading at $16.52.
View the best growth stocks for 2024 here
.

Top institutional shareholders of TruBridge include Hotchkis & Wiley Capital Management LLC (3.32%), CacheTech Inc. (1.60%), Invenomic Capital Management LP (1.32%) and Geode Capital Management LLC (0.98%). Insiders that own company stock include L6 Holdings Inc, Pinetree Capital Ltd and Glenn Tobin.
View institutional ownership trends
.

Shares of TBRG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TruBridge investors own include AbbVie (ABBV), Ford Motor (F), Faraday Future Intelligent Electric (FFIE), General Motors (GM), Intel (INTC), 3M (MMM) and NVIDIA (NVDA).

Company Calendar

Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Sector
Medical
Industry
Custom computer programming services
Sub-Industry
Computer Software
Current Symbol
NASDAQ:TBRG
Previous Symbol
NASDAQ:TBRG
Employees
3,219
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.50
High Stock Price Target
$17.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-44,760,000.00
Pretax Margin
-17.61%

Debt

Sales & Book Value

Annual Sales
$339.43 million
Cash Flow
$6.03 per share
Book Value
$11.57 per share

Miscellaneous

Free Float
14,388,000
Market Cap
$244.85 million
Optionable
Optionable
Beta
0.61
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This page (NASDAQ:TBRG) was last updated on 11/21/2024 by MarketBeat.com Staff
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