Allscripts Hlthcare Profitability Analysis

MDRX
 Stock
  

USD 17.50  0.39  2.28%   

For Allscripts Hlthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Allscripts Hlthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Allscripts Hlthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Allscripts Hlthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Allscripts Hlthcare over time as well as its relative position and ranking within its peers. Additionally, see Stocks Correlation.
  
Price to Sales Ratio is likely to drop to 1.46 in 2022. Return on Sales is likely to drop to 0.09 in 2022. Allscripts Hlthcare Net Income is fairly stable at the moment as compared to the past year. Allscripts Hlthcare reported Net Income of 134.44 Million in 2021. Net Income Common Stock is likely to rise to about 145.1 M in 2022, whereas Accumulated Other Comprehensive Income is likely to drop (3 M) in 2022.

Allscripts Hlthcare Revenues

1.38 Billion

Is Allscripts Hlthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allscripts Hlthcare. If investors know Allscripts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allscripts Hlthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.72
Market Capitalization
1.9 B
Quarterly Revenue Growth YOY
0.069
Return On Assets
0.0192
Return On Equity
0.0967
The market value of Allscripts Hlthcare is measured differently than its book value, which is the value of Allscripts that is recorded on the company's balance sheet. Investors also form their own opinion of Allscripts Hlthcare's value that differs from its market value or its book value, called intrinsic value, which is Allscripts Hlthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allscripts Hlthcare's market value can be influenced by many factors that don't directly affect Allscripts Hlthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allscripts Hlthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Allscripts Hlthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allscripts Hlthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Allscripts Hlthcare Short Ratio vs. Number of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Allscripts Hlthcare's current stock value. Our valuation model uses many indicators to compare Allscripts Hlthcare value to that of its competitors to determine the firm's financial worth.
Allscripts Hlthcare is considered to be number one stock in number of shares shorted category among related companies. It is considered to be number one stock in short ratio category among related companies . The ratio of Number of Shares Shorted to Short Ratio for Allscripts Hlthcare is about  1,605,263 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Allscripts Hlthcare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allscripts Hlthcare's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Allscripts Hlthcare's earnings, one of the primary drivers of an investment's value.

Allscripts Short Ratio vs. Number of Shares Shorted

Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Allscripts Hlthcare 
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
10.98 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Allscripts Hlthcare 
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
6.84 X
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Allscripts Short Ratio Comparison

Allscripts Hlthcare is currently under evaluation in short ratio category among related companies.

Allscripts Hlthcare Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Allscripts Hlthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Allscripts Hlthcare will eventually generate negative long term returns. The profitability progress is the general direction of Allscripts Hlthcare's change in net profit over the period of time. It can combine multiple indicators of Allscripts Hlthcare, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2022
Accumulated Other Comprehensive Income-2.8 M-3 M
Consolidated Income134.4 M113.3 M
Net Income134.4 M145.1 M
Net Income Common Stock134.4 M145.1 M
Net Loss Income from Discontinued Operations-463 K-499.6 K
Net Income to Non Controlling Interests-381.6 K-411.7 K
Operating Income77.2 M83.3 M
Preferred Dividends Income Statement Impact55.9 M52.8 M
Income Tax Expense27.9 M30 M
Net Income Per Employee16.8 K18.1 K
Allscripts Healthcare Solutions, Inc., together with its subsidiaries, provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. Allscripts Healthcare Solutions, Inc. was founded in 1986 and is headquartered in Chicago, Illinois. Allscripts Hlthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 8000 people.

Allscripts Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Allscripts Hlthcare. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Allscripts Hlthcare position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Allscripts Hlthcare's important profitability drivers and their relationship over time.

Allscripts Hlthcare Profitability Trends

Allscripts Hlthcare profitability trend refers to the progression of profit or loss within a business. An upward trend means that Allscripts Hlthcare's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Allscripts Hlthcare's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Allscripts Hlthcare Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Allscripts Hlthcare different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Allscripts Hlthcare in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Allscripts Hlthcare's future profitability.

Use Allscripts Hlthcare in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allscripts Hlthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allscripts Hlthcare will appreciate offsetting losses from the drop in the long position's value.

Allscripts Hlthcare Pair Trading

Allscripts Hlthcare Pair Trading Analysis

The ability to find closely correlated positions to Allscripts Hlthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allscripts Hlthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allscripts Hlthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allscripts Hlthcare to buy it.
The correlation of Allscripts Hlthcare is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allscripts Hlthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allscripts Hlthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allscripts Hlthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Allscripts Hlthcare position

In addition to having Allscripts Hlthcare in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Machinery
Machinery Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Machinery Theme or any other thematic opportunities.
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Additionally, see Stocks Correlation. Note that the Allscripts Hlthcare information on this page should be used as a complementary analysis to other Allscripts Hlthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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To fully project Allscripts Hlthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Allscripts Hlthcare at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Allscripts Hlthcare's income statement, its balance sheet, and the statement of cash flows.
Potential Allscripts Hlthcare investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Allscripts Hlthcare investors may work on each financial statement separately, they are all related. The changes in Allscripts Hlthcare's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Allscripts Hlthcare's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.