athenahealth Given Average Rating of “Hold” by Brokerages (NASDAQ:ATHN)
athenahealth (NASDAQ:ATHN) has earned a consensus rating of “Hold” from the twenty-five analysts that are covering the stock, American Banking News.com reports. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $167.84.
Shares of athenahealth (NASDAQ:ATHN) traded up 1.83% on Thursday, hitting $115.30. 213,217 shares of the company’s stock traded hands. athenahealth has a one year low of $82.01 and a one year high of $206.70. The stock’s 50-day moving average is $130.1 and its 200-day moving average is $146.2. The company’s market cap is $4.363 billion.
athenahealth (NASDAQ:ATHN) last issued its quarterly earnings data on Thursday, April 17th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.05. The company had revenue of $163.00 million for the quarter, compared to the consensus estimate of $170.03 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 29.8% on a year-over-year basis. Analysts expect that athenahealth will post $1.04 EPS for the current fiscal year.
A number of research firms have recently commented on ATHN. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of athenahealth in a research note on Monday, May 12th. They now have a $192.00 price target on the stock. Separately, analysts at Oppenheimer cut their price target on shares of athenahealth from $120.00 to $90.00 in a research note on Wednesday, May 7th. They now have an “underperform” rating on the stock. Finally, analysts at ISI Group cut their price target on shares of athenahealth from $159.00 to $138.00 in a research note on Friday, May 2nd. They now have a “neutral” rating on the stock.
athenahealth, Inc (NASDAQ:ATHN), is a business services company, which provides ongoing billing, clinical-related, and other related services to its customers.
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