Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) Projected EPS At $0.17 For Next Quarter


Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) has a mean price target of $16.22 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.17 a share for the very next quarter and $0.59 for this year.

Technical View

The technical study of Allscripts Healthcare Solutions demonstrates that the 50-day moving average of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) stock is $13.30, and is trading $-0.27 points away or -2.01% from 50-day moving average of $13.30. It is trading $-0.21 or -1.57% away 200-day moving average of $13.24.

The 52-week high of Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) was $15.78 while $11.47 is the low mark in the same period. It state Allscripts Healthcare Solutions share price has to surge more than $-2.75 to hit 52-week high or drop +13.60% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Allscripts Healthcare Solutions, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) ratio came in at 814.37, after dividing current equity price by yearly earnings. Allscripts Healthcare Solutions stock recorded a close of $13.03 in last trading session, registering a market cap of $2.43B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) PEG ratio is at 1.37.

1 Chart Pattern Every Investor Should Know

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