athenahealth Given Consensus Rating of “Hold” by Analysts (NASDAQ:ATHN)
athenahealth (NASDAQ:ATHN) has been given an average recommendation of “Hold” by the twenty-seven ratings firms that are covering the company, Analyst Ratings.Net reports. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $167.90.
athenahealth (NASDAQ:ATHN) opened at 127.58 on Monday. athenahealth has a one year low of $83.57 and a one year high of $206.70. The stock has a 50-day moving average of $123.9 and a 200-day moving average of $145.1. The company’s market cap is $4.828 billion.
athenahealth (NASDAQ:ATHN) last posted its quarterly earnings results on Thursday, April 17th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters 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 prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue 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 Stifel Nicolaus initiated coverage on shares of athenahealth in a research note on Wednesday, June 25th. They set an “overweight” rating and a $192.00 price target 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.