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CHNG

Change Healthcare NasdaqGS:CHNG Stock Report

Last Price

US$27.49

Market Cap

US$9.0b

7D

0.8%

1Y

30.7%

Updated

03 Oct, 2022

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.
CHNG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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

Summary of all time highs, changes and price drops for Change Healthcare
Historical stock prices
Current Share PriceUS$27.49
52 Week HighUS$27.59
52 Week LowUS$18.97
Beta1.02
1 Month Change10.94%
3 Month Change16.83%
1 Year Change30.66%
3 Year Change127.38%
5 Year Changen/a
Change since IPO83.27%

Recent News & Updates

UnitedHealth completes acquisition of Change Healthcare

Oct 03

Change Healthcare jumps after judge denies DOJ request to block UnitedHealth deal

Sep 19

Recent updates

Is Change Healthcare (NASDAQ:CHNG) A Risky Investment?

Mar 21
Is Change Healthcare (NASDAQ:CHNG) A Risky Investment?

How Many Change Healthcare Inc. (NASDAQ:CHNG) Shares Do Institutions Own?

Feb 16
How Many Change Healthcare Inc. (NASDAQ:CHNG) Shares Do Institutions Own?

Did You Miss Change Healthcare's (NASDAQ:CHNG) 16% Share Price Gain?

Dec 28
Did You Miss Change Healthcare's (NASDAQ:CHNG) 16% Share Price Gain?

Change Healthcare (NASDAQ:CHNG) Has Debt But No Earnings; Should You Worry?

Dec 02
Change Healthcare (NASDAQ:CHNG) Has Debt But No Earnings; Should You Worry?

Shareholder Returns

CHNGUS Healthcare ServicesUS Market
7D0.8%1.6%1.5%
1Y30.7%-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

Is CHNG's price volatile compared to industry and market?
CHNG volatility
CHNG Average Weekly Movement2.5%
Healthcare Services Industry Average Movement10.6%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

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

FoundedEmployeesCEOWebsite
201614,000Neil de Crescenzohttps://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

How do Change Healthcare's earnings and revenue compare to its market cap?
CHNG fundamental statistics
Market CapUS$9.03b
Earnings (TTM)-US$76.95m
Revenue (TTM)US$3.50b

2.6x

P/S Ratio

-117.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHNG income statement (TTM)
RevenueUS$3.50b
Cost of RevenueUS$1.64b
Gross ProfitUS$1.86b
Other ExpensesUS$1.93b
Earnings-US$76.95m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin53.06%
Net Profit Margin-2.20%
Debt/Equity Ratio136.5%

How did CHNG perform over the long term?

See historical performance and comparison