Quality Systems Director Russell Pflueger Sells 15,250 Shares (QSII)
Quality Systems (NASDAQ:QSII) Director Russell Pflueger sold 15,250 shares of Quality Systems stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $17.92, for a total value of $273,280.00. Following the completion of the sale, the director now directly owns 23,186 shares of the company’s stock, valued at approximately $415,493. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Quality Systems (NASDAQ:QSII) traded up 0.55% during mid-day trading on Thursday, hitting $18.25. 73,847 shares of the company’s stock traded hands. Quality Systems has a 52 week low of $17.01 and a 52 week high of $24.15. The stock’s 50-day moving average is $19.36 and its 200-day moving average is $21.48. The company has a market cap of $1.099 billion and a price-to-earnings ratio of 179.70.
Quality Systems (NASDAQ:QSII) last released its earnings data on Wednesday, January 22nd. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.10. The company had revenue of $108.90 million for the quarter, compared to the consensus estimate of $113.97 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was down 4.9% on a year-over-year basis. Analysts expect that Quality Systems will post $0.74 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, April 4th. Investors of record on Friday, March 14th will be given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date of this dividend is Wednesday, March 12th.
QSII has been the subject of a number of recent research reports. Analysts at RBC Capital initiated coverage on shares of Quality Systems in a research note on Thursday. They set a “sector perform” rating on the stock. Separately, analysts at KeyCorp cut their price target on shares of Quality Systems from $19.00 to $16.00 in a research note on Wednesday, February 5th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Quality Systems in a research note on Monday, January 27th. They now have a $19.00 price target on the stock. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $20.95.
Quality Systems, Inc develops and markets healthcare information systems that automate certain aspects of medical and dental practices, networks of practices, such as physician hospital organizations (NASDAQ:QSII) and management service organizations (MSOs), ambulatory care centers, and dental schools.
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