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


Change Healthcare Inc. (CHNG)

Today's Latest Price: $24.05 USD

0.02 (-0.08%)

Updated Jan 21 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 60 in Software - Business

See all "A" rated Strong Buy stocks

CHNG Stock Summary

  • Change Healthcare Inc's stock had its IPO on June 27, 2019, making it an older stock than just 2% of US equities in our set.
  • With a year-over-year growth in debt of 11,970.44%, Change Healthcare Inc's debt growth rate surpasses 99.64% of about US stocks.
  • Revenue growth over the past 12 months for Change Healthcare Inc comes in at 736.88%, a number that bests 98.9% of the US stocks we're tracking.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Change Healthcare Inc are AA, ATO, TEVA, MRO, and VST.
  • Visit CHNG's SEC page to see the company's official filings. To visit the company's web site, go to www.changehealthcare.com.

CHNG Stock Price Chart Interactive Chart >

Price chart for CHNG

CHNG Price/Volume Stats

Current price $24.05 52-week high $24.21
Prev. close $24.07 52-week low $6.18
Day low $23.99 Volume 3,381,615
Day high $24.08 Avg. volume 13,279,321
50-day MA $19.03 Dividend yield N/A
200-day MA $14.18 Market Cap 7.32B

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:
$24.05$0 -100%

Below please find a table outlining a discounted cash flow forecast for CHNG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Change Healthcare Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. In terms of the factors that were most noteworthy in this DCF analysis for CHNG, they are:

  • Its compound free cash flow growth rate, as measured over the past 1.4 years, is -0.84% -- higher than merely 0.47% of stocks in our DCF forecasting set.
  • The company has produced more trailing twelve month cash flow than merely 8.64% of its sector Technology.
  • Change Healthcare Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -6.64. This coverage rate is greater than that of only 10.53% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

Want more companies with a valuation profile/forecast similar to that of Change Healthcare Inc? See CHWY, CRNC, CSPI, CVET, and EVOP.


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.

INVESTIGATION ALERT: Halper Sadeh LLP Investigates CHNG, RP, MDCA, NK; Shareholders Are Encouraged to Contact the Firm

NEW YORK, NY / ACCESSWIRE / January 20, 2021 / Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies:Change Healthcare Inc. (NASDAQ:CHNG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Optum, a company that is part of UnitedHealth Group.

Yahoo | January 20, 2021

SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Change Healthcare Inc. (NASDAQ:CHNG)

BALA CYNWYD, PA / ACCESSWIRE / January 19, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Change Healthcare Inc. ("Change Healthcare" or the "Company") (NASDAQ:CHNG) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by United Health Group Incorporated.

Yahoo | January 20, 2021

Political Risk Makes UnitedHealth Group Cheap

Thesis I own UnitedHealth Group (UNH) stock because it is a vertically integrated oligopoly benefiting from the increase in spending on healthcare due to demographics (aging US population). Furthermore, it will benefit from long term growth in the use of data analytics to improve patient outcomes and lower costs. Finally,...

Alex Pitti on Seeking Alpha | January 19, 2021

UnitedHealth Group Reports Earnings Tomorrow. Here’s What to Expect.

The results come weeks after the insurer disclosed plans to buy Change Healthcare, a health care technology company.

Yahoo | January 19, 2021

Change Healthcare Research: AI to Become Widespread in Hospital Revenue Cycle by 2023

Change Healthcare Research: AI to Become Widespread in Hospital Revenue Cycle by 2023

Yahoo | January 19, 2021

Read More 'CHNG' Stories Here

CHNG Price Returns

1-mo 27.72%
3-mo 56.12%
6-mo 110.60%
1-year 40.97%
3-year N/A
5-year N/A
YTD 28.95%
2020 13.79%
2019 N/A
2018 N/A
2017 N/A
2016 N/A

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