Change Healthcare Inc. (CHNG): Price and Financial Metrics


Change Healthcare Inc. (CHNG): $23.06

-0.09 (-0.39%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CHNG POWR Grades


  • CHNG scores best on the Growth dimension, with a Growth rank ahead of 97.87% of US stocks.
  • The strongest trend for CHNG is in Growth, which has been heading up over the past 31 weeks.
  • CHNG ranks lowest in Quality; there it ranks in the 2nd percentile.

CHNG Stock Summary

  • Change Healthcare Inc's stock had its IPO on June 27, 2019, making it an older stock than merely 3.45% of US equities in our set.
  • Over the past twelve months, CHNG has reported earnings growth of -109.11%, putting it ahead of only 18.19% of US stocks in our set.
  • Revenue growth over the past 12 months for Change Healthcare Inc comes in at 1,470.4%, a number that bests 99.33% of the US stocks we're tracking.
  • Stocks that are quantitatively similar to CHNG, based on their financial statements, market capitalization, and price volatility, are RDHL, GLG, CHMA, ADXS, and PTGX.
  • CHNG's SEC filings can be seen here. And to visit Change Healthcare Inc's official web site, go to www.changehealthcare.com.

CHNG Valuation Summary

  • In comparison to the median Technology stock, CHNG's EV/EBIT ratio is 272.87% higher, now standing at 122.3.
  • CHNG's EV/EBIT ratio has moved up $107.2 over the prior 24 months.
  • CHNG's price/earnings ratio has moved down $74.3 over the prior 24 months.

Below are key valuation metrics over time for CHNG.

Stock Date P/S P/B P/E EV/EBIT
CHNG 2020-10-30 4.8 1.3 -4.4 -8.9
CHNG 2020-07-27 18.4 1.1 -3.8 -7.6
CHNG 2020-07-21 16.8 1.0 -3.5 -7.3
CHNG 2020-05-27 0.5 0.8 8.9 3.2
CHNG 2020-04-17 0.4 0.7 7.4 2.7
CHNG 2020-03-25 0.4 0.6 7.1 2.6

CHNG Price Target

For more insight on analysts targets of CHNG, see our CHNG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $25.44 Average Broker Recommendation 1.87 (Hold)

CHNG Stock Price Chart Interactive Chart >

Price chart for CHNG

CHNG Price/Volume Stats

Current price $23.06 52-week high $24.21
Prev. close $23.15 52-week low $9.76
Day low $23.03 Volume 823,900
Day high $23.27 Avg. volume 3,801,351
50-day MA $23.08 Dividend yield N/A
200-day MA $20.20 Market Cap 7.15B

Change Healthcare Inc. (CHNG) Company Bio


Change Healthcare Holdings, Inc. provides revenue and payment cycle management and clinical information exchange solutions. The firm operates through four reportable segments: Payer Services, Provider Revenue Cycle Solutions, Ambulatory Provider Services and Pharmacy Services. The company was founded in September 2006 and is headquartered in Nashville, TN.

CHNG Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$23.06$60.51 163%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Change Healthcare Inc. To summarize, we found that Change Healthcare Inc ranked in the 74th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 164.5%. As for the metrics that stood out in our discounted cash flow analysis of Change Healthcare Inc, consider:

  • 60% of the company's capital comes from equity, which is greater than just 23.4% of stocks in our cash flow based forecasting set.
  • Change Healthcare Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -4.67. This coverage rate is greater than that of only 11.09% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • The weighted average cost of capital for the company is 14. This value is greater than 96.39% stocks in the Technology sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%158%
1%161%
2%163%
3%166%
4%168%
5%171%

Want more companies with a valuation profile/forecast similar to that of Change Healthcare Inc? See QCCO, JBL, SAIC, IIVI, and NEWR.


CHNG Latest News Stream


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Latest CHNG News From Around the Web

Below are the latest news stories about Change Healthcare Inc that investors may wish to consider to help them evaluate CHNG as an investment opportunity.

AON likely to offer more divestitures to get DOJ approval for Willis Towers, analyst says

JL Images/iStock Editorial via Getty Images Aon (AON) is likely to offer more divestitures to get U.S. antitrust approval for the Willis Towers (WLTW) deal after the DOJ sued to block the deal yesterday, according to Citi. Citi said the firm spoke to AON last night and they are working as...

Seeking Alpha | June 17, 2021

Where Do Hedge Funds Stand On Change Healthcare Inc. (CHNG)?

Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

Yahoo | June 16, 2021

Here's Why You Should Retain Change Healthcare (CHNG) Stock

Change Healthcare (CHNG) continues to benefit from robust payment accuracy business. However, intense competition remains a woe.

Yahoo | June 16, 2021

Health Care Operations Software Market Is Booming Worldwide With Cerner, EClinicalWorks, Change Healthcare, TigerConnect, Dynafios

No summary available.

AB Newswire | June 3, 2021

Change Healthcare Enhances Developers Ability to Scale API Use and Comply with Pending CMS Interoperability Rule

NASHVILLE, Tenn.--(BUSINESS WIRE)--Change Healthcare expands the self-service resources it offers developers to use APIs at scale to bring new healthcare innovations to market.

Business Wire | June 3, 2021

Read More 'CHNG' Stories Here

CHNG Price Returns

1-mo 0.87%
3-mo 1.86%
6-mo N/A
1-year 102.28%
3-year N/A
5-year N/A
YTD 23.65%
2020 13.79%
2019 N/A
2018 N/A
2017 N/A
2016 N/A

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