Share on StockTwits

Shares of athenahealth (NASDAQ:ATHN) have earned a consensus recommendation of “Hold” from the twenty-five analysts that are presently covering the company, Analyst Ratings Net reports. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $165.10.

In other athenahealth news, CEO Jonathan Bush unloaded 1,000 shares of the stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $121.58, for a total transaction of $121,580.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

ATHN has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “equal weight” rating on shares of athenahealth in a research note on Monday, July 21st. They now have a $128.00 price target on the stock, up previously from $125.00. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of athenahealth in a research note on Monday, July 21st. They now have a $170.00 price target on the stock, down previously from $185.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of athenahealth in a research note on Monday, July 21st. They now have a $180.00 price target on the stock, down previously from $200.00.

athenahealth (NASDAQ:ATHN) traded up 1.25% during mid-day trading on Tuesday, hitting $132.95. 25,543 shares of the company’s stock traded hands. athenahealth has a 1-year low of $97.30 and a 1-year high of $206.70. The stock has a 50-day moving average of $127.3 and a 200-day moving average of $143.7. The company has a market cap of $5.047 billion and a P/E ratio of 1204.68.

athenahealth (NASDAQ:ATHN) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.10. The company had revenue of $185.90 million for the quarter, compared to the consensus estimate of $182.14 million. During the same quarter last year, the company posted ($0.08) earnings per share. athenahealth’s revenue was up 27.1% compared to the same quarter last year. On average, analysts predict that athenahealth will post $1.09 earnings per share for the current fiscal year.

athenahealth, Inc (NASDAQ:ATHN), is a business services company, which provides ongoing billing, clinical-related, and other related services to its customers.

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.