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NASDAQ:MDRX

Veradigm (MDRX) Stock Price, News & Analysis

Veradigm logo
$10.66 -0.15 (-1.39%)
(As of 11/15/2024 ET)

About Veradigm Stock (NASDAQ:MDRX)

Key Stats

Today's Range
$10.00
$11.50
50-Day Range
$9.00
$11.30
52-Week Range
$5.01
$12.86
Volume
70,633 shs
Average Volume
463,594 shs
Market Capitalization
$1.15 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.75
Consensus Rating
Moderate Buy

Company Overview

Veradigm Inc., a healthcare technology company, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), information connectivity, private cloud hosting, outsourcing, analytics, patient access, and population health management solutions. The company operates through two segments, Hospitals and Large Physician Practices, and Veradigm. The Hospitals and Large Physician Practices segment provides integrated clinical and financial management solutions, which primarily include EHR-related software; and related installation, support and maintenance, outsourcing, private cloud hosting, and revenue cycle management services. The Veradigm segment offers payer and life sciences solutions, which are primarily targeted at payers, life sciences companies, and other healthcare stakeholders; and software applications for patient engagement and EHR software to single-specialty, and small and mid-sized physician practices, including related clinical, financial, administrative, and operational solutions. Its solutions enable clients to transition, analyze, and coordinate care, and enhance the healthcare delivery across the care community. The company serves physicians, hospitals, governments and militaries, health systems, health plans, life-sciences companies, retail clinics, surgery centers, retail pharmacies, pharmacy benefit managers, insurance companies, employer wellness clinics, consumers, lab companies, urgent care facilities, and venture capital firms, as well as post-acute organizations, such as home health and hospice agencies. The company was formerly known as Allscripts Healthcare Solutions, Inc. and changed its name to Veradigm Inc. in January 2023. Veradigm Inc. was founded in 1986 and is headquartered in Chicago, Illinois.

Veradigm Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

MDRX MarketRank™: 

Veradigm scored higher than 41% of companies evaluated by MarketBeat, and ranked 225th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Veradigm 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

    Veradigm has received no research coverage in the past 90 days.

  • Read more about Veradigm's stock forecast and price target.
    • Short Interest

      There is no current short interest data available for MDRX.
    • Dividend Yield

      Veradigm does not currently pay a dividend.

    • Dividend Growth

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

    • Short Interest

      There is no current short interest data available for MDRX.
    • News Sentiment

      Veradigm has a news sentiment score of 0.11. 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 lower news sentiment than the 0.63 average news sentiment score of Business Services companies.
    • News Coverage This Week

      MarketBeat has tracked 6 news articles for Veradigm this week, compared to 3 articles on an average week.
    • Search Interest

      2 people have searched for MDRX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
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    MDRX Stock News Headlines

    Veradigm Inc. Reports Financial Details in Recent 8-K Filing
    Veradigm (MDRX) Earnings Dates & Reports
    There is a little known company that is changing warfare
    With geo - political instability around the world investors are flocking to defense contract stocks. There is a little known company that is changing warfare. With the backing of U.S. government contracts, this startup is reshaping the future of the U.S. military.
    Veradigm And The 2025 M&A Boom
    Veradigm Ranked Top Vendor by KLAS
    See More Headlines

    MDRX Stock Analysis - Frequently Asked Questions

    Veradigm's stock was trading at $10.49 on January 1st, 2024. Since then, MDRX shares have increased by 1.6% and is now trading at $10.66.
    View the best growth stocks for 2024 here
    .

    Veradigm Inc. (NASDAQ:MDRX) issued its quarterly earnings results on Thursday, November, 4th. The software maker reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.09. The business's revenue for the quarter was down 8.2% on a year-over-year basis.

    The following companies are subsidiaries of Veradigm: ZappRx, HealthGrid, and Practice Fusion.

    Shares of MDRX 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 Veradigm investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), General Electric (GE) and ServiceNow (NOW).

    Company Calendar

    Last Earnings
    11/04/2021
    Today
    11/17/2024
    Fiscal Year End
    12/31/2024

    Industry, Sector and Symbol

    Industry
    Computer integrated systems design
    Sub-Industry
    Health Care Technology
    Current Symbol
    NASDAQ:MDRX
    CUSIP
    01988P10
    Employees
    8,000
    Year Founded
    1986

    Price Target and Rating

    Average Stock Price Target
    $11.75
    High Stock Price Target
    $15.00
    Low Stock Price Target
    $10.00
    Potential Upside/Downside
    +10.2%
    Consensus Rating
    Moderate Buy
    Rating Score (0-4)
    2.50
    Research Coverage
    4 Analysts

    Profitability

    Pretax Margin
    N/A

    Debt

    Sales & Book Value

    Annual Sales
    $1.50 billion
    Cash Flow
    $2.75 per share

    Miscellaneous

    Free Float
    105,175,000
    Market Cap
    $1.15 billion
    Optionable
    No Data
    Beta
    0.60

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    This page (NASDAQ:MDRX) was last updated on 11/17/2024 by MarketBeat.com Staff
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