Share on StockTwits

Quality Systems (NASDAQ:QSII) announced a quarterly dividend on Friday, May 30th, Analyst RN reports. Investors of record on Friday, June 13th will be paid a dividend of 0.175 per share on Thursday, July 3rd. This represents a $0.70 annualized dividend and a dividend yield of 4.50%. The ex-dividend date is Wednesday, June 11th.

A number of analysts have recently weighed in on QSII shares. Analysts at Cowen and Company reiterated a “market perform” rating on shares of Quality Systems in a research note on Friday. They now have a $19.00 price target on the stock, down previously from $20.00. On a related note, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Quality Systems in a research note on Friday. They now have a $15.00 price target on the stock, down previously from $18.00. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Quality Systems in a research note on Friday. They now have a $17.00 price target on the stock, down previously from $20.00. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $19.00.

Shares of Quality Systems (NASDAQ:QSII) traded down 5.35% on Friday, hitting $15.57. 2,071,652 shares of the company’s stock traded hands. Quality Systems has a 1-year low of $14.10 and a 1-year high of $24.15. The stock’s 50-day moving average is $15.49 and its 200-day moving average is $18.39. The company has a market cap of $937.5 million and a price-to-earnings ratio of 162.87.

Quality Systems (NASDAQ:QSII) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.04. The company had revenue of $115.20 million for the quarter, compared to the consensus estimate of $112.22 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. Analysts expect that Quality Systems will post $0.73 EPS for the current fiscal year.

Quality Systems, Inc operates as four business divisions which: the QSI Dental Division, the NextGen Division, the Hospital Solutions Division and the RCM Services Division.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.