This company has been acquired
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CHNG Stock Overview
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.
Change Healthcare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$27.49 |
| 52 Week High | US$27.59 |
| 52 Week Low | US$18.97 |
| Beta | 1.02 |
| 1 Month Change | 10.94% |
| 3 Month Change | 16.83% |
| 1 Year Change | 30.66% |
| 3 Year Change | 127.38% |
| 5 Year Change | n/a |
| Change since IPO | 83.27% |
Recent News & Updates
UnitedHealth completes acquisition of Change Healthcare
Oct 03Change Healthcare jumps after judge denies DOJ request to block UnitedHealth deal
Sep 19Recent updates
Shareholder Returns
| CHNG | US Healthcare Services | US Market | |
|---|---|---|---|
| 7D | 0.8% | 1.6% | 1.5% |
| 1Y | 30.7% | -42.3% | -14.9% |
Return vs Industry: CHNG exceeded the US Healthcare Services industry which returned -51.8% over the past year.
Return vs Market: CHNG exceeded the US Market which returned -20% over the past year.
Price Volatility
| CHNG volatility | |
|---|---|
| CHNG Average Weekly Movement | 2.5% |
| Healthcare Services Industry Average Movement | 10.6% |
| Market Average Movement | 7.4% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: CHNG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: CHNG's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 14,000 | Neil de Crescenzo | https://www.changehealthcare.com |
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.
Change Healthcare Inc. Fundamentals Summary
| CHNG fundamental statistics | |
|---|---|
| Market Cap | US$9.03b |
| Earnings (TTM) | -US$76.95m |
| Revenue (TTM) | US$3.50b |
2.6x
P/S Ratio-117.3x
P/E RatioIs CHNG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CHNG income statement (TTM) | |
|---|---|
| Revenue | US$3.50b |
| Cost of Revenue | US$1.64b |
| Gross Profit | US$1.86b |
| Other Expenses | US$1.93b |
| Earnings | -US$76.95m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.23 |
| Gross Margin | 53.06% |
| Net Profit Margin | -2.20% |
| Debt/Equity Ratio | 136.5% |
How did CHNG perform over the long term?
See historical performance and comparison