NasdaqGS:CHNG.U

Stock Analysis Report

Executive Summary

Change Healthcare Inc., an independent healthcare technology platform, provides data and analytics-driven solutions to improve clinical, financial, and patient engagement outcomes in the United States healthcare system.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • Change Healthcare is not covered by any analysts.

Similar Companies

Share Price & News

How has Change Healthcare's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

CHNG.U

0.9%

US Healthcare Services

-0.2%

US Market


1 Year Return

n/a

CHNG.U

8.7%

US Healthcare Services

1.1%

US Market

No trading data on CHNG.U.

No trading data on CHNG.U.


Share holder returns

CHNG.UIndustryMarket
7 Day0.7%0.9%-0.2%
30 Dayn/a-5.2%2.5%
90 Dayn/a-5.5%1.6%
1 Yearn/a8.8%8.7%3.4%1.1%
3 Yearn/a49.7%49.4%45.2%35.8%
5 Yearn/a50.3%49.4%62.6%44.8%

Price Volatility Vs. Market

How volatile is Change Healthcare's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Change Healthcare undervalued based on future cash flows and its price relative to the stock market?

0.0078x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Change Healthcare to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Change Healthcare to establish if it is available at substantial discount.


Price Based on Earnings

Change Healthcare is loss making, we can't compare its value to the US Healthcare Services industry average.

Change Healthcare is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Change Healthcare, we can't assess if its growth is good value.


Price Based on Value of Assets

Change Healthcare is good value based on assets compared to the US Healthcare Services industry average.


Next Steps

Future Growth

How is Change Healthcare expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Change Healthcare is high growth as no revenue estimate data is available.

Change Healthcare's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Change Healthcare's revenue growth to the United States of America market average as no estimate data is available.

Change Healthcare's earnings growth is expected to exceed the United States of America market average.

Change Healthcare's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Change Healthcare will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Change Healthcare performed over the past 5 years?

-185.3%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Change Healthcare does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare Change Healthcare's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Change Healthcare's 1-year growth to the US Healthcare Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Change Healthcare has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Change Healthcare has efficiently used its assets last year compared to the US Healthcare Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Change Healthcare improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Change Healthcare's financial position?


Financial Position Analysis

Change Healthcare's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Change Healthcare's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Change Healthcare has no debt.

Change Healthcare has not taken on any debt in the past 5 years.

Change Healthcare has no debt, it does not need to be covered by operating cash flow.

Change Healthcare has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Change Healthcare has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Change Healthcare's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Change Healthcare's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Change Healthcare's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Change Healthcare has not reported any payouts.

Unable to verify if Change Healthcare's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Change Healthcare has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Change Healthcare's salary, the management and board of directors tenure and is there insider trading?

0.08yrs

Average board tenure


CEO

Neil de Crescenzo (58yo)

0yrs

Tenure

0

Mr. Neil E. de Crescenzo, IV serves as President and Chief Executive Officer at Change Healthcare, Inc. Mr. de Crescenzo has been a Director of Change Healthcare Inc. since June 26, 2019. He has been the C ...


Board Age and Tenure

0.08yrs

Average Tenure

58yo

Average Age

The average tenure for the Change Healthcare board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Management Team

  • Neil de Crescenzo (58yo)

    President

    • Tenure: 0yrs
  • Alex Choy (57yo)

    Executive VP of Research & Development

    • Tenure: 0yrs
  • Linda Whitley-Taylor (55yo)

    Chief People Officer & Executive VP

    • Tenure: 0yrs
  • Kris Joshi (47yo)

    Executive VP & President of Network Solutions

    • Tenure: 0yrs
  • Loretta Cecil (61yo)

    Executive VP & General Counsel

    • Tenure: 0yrs

Board Members

  • Neil Simpkins (53yo)

    Director

    • Tenure: 0.08yrs
  • Philip Pead (66yo)

    Director

    • Tenure: 0.08yrs
  • Neil de Crescenzo (58yo)

    President

    • Tenure: 0yrs
  • Bob Zollars (62yo)

    Director

    • Tenure: 0.08yrs
  • John Hammergren (60yo)

    Chairman of the Board

    • Tenure: 0yrs
  • Howard Lance (63yo)

    Director

    • Tenure: 0.08yrs
  • Phil Roe (58yo)

    Director

    • Tenure: 0.08yrs
  • Bansi Nagji (54yo)

    Director

    • Tenure: 0.08yrs
  • Nicholas Kuhar (33yo)

    Director

    • Tenure: 0.08yrs
  • Britt Vitalone (50yo)

    Director

    • Tenure: 0.08yrs

Company Information

Change Healthcare Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Change Healthcare Inc.
  • Ticker: CHNG.U
  • Exchange: NasdaqGS
  • Founded: 2016
  • Industry: Health Care Technology
  • Sector: Healthcare
  • Market Cap: US$1.761b
  • Shares outstanding: 118.33m
  • Website: https://www.changehealthcare.com

Location

  • Change Healthcare Inc.
  • 3055 Lebanon Pike
  • Suite 1000
  • Nashville
  • Tennessee
  • 37214
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CHNG.UNasdaqGS (Nasdaq Global Select)TAGBL EQT UNITUSUSDJun 2019
CHNGNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJun 2019
1CBDB (Deutsche Boerse AG)YesCommon StockDEEURJun 2019

Biography

Change Healthcare Inc., an independent healthcare technology platform, provides data and analytics-driven solutions to improve clinical, financial, and patient engagement outcomes in the United States heal ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/05 01:07
End of Day Share Price2019/07/03 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.