TruBridge (TBRG) Scheduled to Post Earnings on Thursday

TruBridge (NASDAQ:TBRG) will be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

TruBridge (NASDAQ:TBRG) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.07). The company had revenue of $84.73 million during the quarter, compared to analyst estimates of $80.71 million. TruBridge had a negative net margin of 15.93% and a positive return on equity of 6.57%. On average, analysts expect TruBridge to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TruBridge Trading Up 2.1 %

Shares of NASDAQ:TBRG opened at $12.97 on Wednesday. The firm has a fifty day moving average of $12.46 and a two-hundred day moving average of $11.01. The company has a quick ratio of 1.76, a current ratio of 1.77 and a debt-to-equity ratio of 0.98. TruBridge has a 12-month low of $7.55 and a 12-month high of $14.11. The firm has a market capitalization of $194.03 million, a P/E ratio of -3.53, a price-to-earnings-growth ratio of 2.98 and a beta of 0.61.

Insider Transactions at TruBridge

In other TruBridge news, major shareholder Pinetree Capital Ltd. purchased 3,997 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The shares were acquired at an average price of $11.93 per share, for a total transaction of $47,684.21. Following the acquisition, the insider now owns 603,997 shares of the company’s stock, valued at $7,205,684.21. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.60% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TBRG has been the subject of a number of research reports. Royal Bank of Canada reissued an “outperform” rating and set a $14.00 price objective on shares of TruBridge in a research report on Tuesday, September 17th. Cantor Fitzgerald reiterated an “overweight” rating and set a $13.00 price target on shares of TruBridge in a report on Friday, October 4th.

TruBridge Company Profile

TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.