Change Stock Analysis

CHNG
 Stock
  

USD 27.32  0.06  0.22%   

The latest bullish price patterns experienced by current Change Healthcare shareholders could raise concerns from shareholders as the firm is trading at a share price of 27.32 on 8,903,700 in volume. The company directors and management have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in August. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.17. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Change Healthcare stock analysis report makes it easy to digest most publicly released information about Change Healthcare and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Change Stock analysis module also helps to analyze the Change Healthcare price relationship with some important fundamental indicators such as market cap and management efficiency.

Change Stock Analysis Notes

About 100.0% of the company shares are held by institutions such as insurance companies. The book value of Change Healthcare was currently reported as 10.42. The company has Price/Earnings To Growth (PEG) ratio of 1.19. Change Healthcare recorded a loss per share of 0.16. The entity had not issued any dividends in recent years. The firm had 1:2 split on the May 13, 2009. Change Healthcare Inc., an independent healthcare technology company, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system. Change Healthcare Inc. was incorporated in 2016 and is headquartered in Nashville, Tennessee. Change Healthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people. For more info on Change Healthcare please contact the company at 615 932 3000 or go to https://www.changehealthcare.com.

Change Healthcare Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Change Healthcare's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Change Healthcare or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Change Healthcare is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 3.48 B. Net Loss for the year was (57.39 M) with profit before overhead, payroll, taxes, and interest of 1.85 B.
Latest headline from www.benzinga.com: Change Healthcare shares are trading higher after a U.S. judge denied the Justice Departments request to - Benzinga

Change Healthcare Upcoming and Recent Events

Earnings reports are used by Change Healthcare to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Change Healthcare previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2022
Next Financial Report25th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End25th of May 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Change Healthcare SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Change Healthcare prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Change Healthcare investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Change Healthcare specific information freely available to individual and institutional investors to make a timely investment decision.
3rd of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
19th of July 2022
Other Events
View
7th of June 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
25th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
4th of May 2022
Other Events
View
25th of April 2022
Other Events
View
21st of April 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
11th of April 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View

Change Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Change Healthcare is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Change Healthcare backward and forwards among themselves. Change Healthcare's institutional investor refers to the entity that pools money to purchase Change Healthcare's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackstone IncCommon Shares59.6 M1.4 B
Vanguard Group IncCommon Shares22.1 M508.7 M
Clarkston Capital Partners LlcCommon Shares18.3 M422.7 M
Abrams Capital Management LpCommon Shares17 M391.5 M
Alliancebernstein LpCommon Shares15.2 M349.6 M
Blackrock IncCommon Shares11 M253.7 M
Magnetar Financial LlcCommon Shares7.3 M167.4 M
Note, although Change Healthcare's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Change Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 7.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Change Healthcare's market, we take the total number of its shares issued and multiply it by Change Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Change Profitablity

Change Healthcare's profitability indicators refer to fundamental financial ratios that showcase Change Healthcare's ability to generate income relative to its revenue or operating costs. If, let's say, Change Healthcare is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Change Healthcare's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Change Healthcare's profitability requires more research than a typical breakdown of Change Healthcare's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.65) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 4.36 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.04.

Management Efficiency

The entity has return on total asset (ROA) of 0.95 % which means that it generated profit of $0.95 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (1.76) %, meaning that it created substantial loss on money invested by shareholders. Change Healthcare management efficiency ratios could be used to measure how well change healthcare manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 24th of September, Change Healthcare shows the mean deviation of 0.7653, and Risk Adjusted Performance of 0.254. Change Healthcare technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Change Healthcare, which can be compared to its rivals. Please confirm Change Healthcare information ratio, and the relationship between the downside deviation and value at risk to decide if Change Healthcare is priced correctly, providing market reflects its regular price of 27.32 per share. Given that Change Healthcare has jensen alpha of 0.2575, we suggest you to validate Change Healthcare's prevailing market performance to make sure the company can sustain itself at a future point.

Change Healthcare Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Kaufman Adaptive Moving Average allows the user to define Change Healthcare range across which they want the smoothing.
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Change Healthcare Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Change Healthcare insiders, such as employees or executives, is commonly permitted as long as it does not rely on Change Healthcare's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Change Healthcare insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Eliasson Fredrik J over a week ago via Macroaxis 
Acquisition by Eliasson Fredrik J of 190159 shares of Change Healthcare subject to Rule 16b-3
Martin Steven B over two months ago via Macroaxis 
Payment of 7995 shares by Martin Steven B of Change Healthcare subject to Rule 16b-3
De Crescenzo Neil E over two months ago via Macroaxis 
Payment of 74634 shares by De Crescenzo Neil E of Change Healthcare subject to Rule 16b-3
Byers Tracy over three months ago via Macroaxis 
Payment of 882 shares by Byers Tracy of Change Healthcare subject to Rule 16b-3
Rareshide Paul over three months ago via Macroaxis 
Acquisition by Rareshide Paul of 7617 shares of Change Healthcare subject to Rule 16b-3
De Crescenzo Neil E over three months ago via Macroaxis 
Acquisition by De Crescenzo Neil E of 199099 shares of Change Healthcare subject to Rule 16b-3
Byers Tracy over three months ago via Macroaxis 
Change Healthcare exotic insider transaction detected
Pead Philip M over three months ago via Macroaxis 
Acquisition by Pead Philip M of 7658 shares of Change Healthcare subject to Rule 16b-3
Domenici Nella over three months ago via Macroaxis 
Acquisition by Domenici Nella of 7658 shares of Change Healthcare subject to Rule 16b-3
Martin Steven B over three months ago via Macroaxis 
Acquisition by Martin Steven B of 243794 shares of Change Healthcare subject to Rule 16b-3
Martin Steven B over three months ago via Macroaxis 
Payment of 10899 shares by Martin Steven B of Change Healthcare subject to Rule 16b-3
De Crescenzo Neil E over six months ago via Macroaxis 
Payment of 73976 shares by De Crescenzo Neil E of Change Healthcare subject to Rule 16b-3

Change Healthcare Predictive Daily Indicators

Change Healthcare intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Change Healthcare stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Change Healthcare Forecast Models

Change Healthcare time-series forecasting models is one of many Change Healthcare's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Change Healthcare's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Change Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Change Healthcare prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Change shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Change Healthcare. By using and applying Change Stock analysis, traders can create a robust methodology for identifying Change entry and exit points for their positions.
Change Healthcare Inc., an independent healthcare technology company, provides data and analytics-driven solutions to enhance clinical, financial, administrative, and patient engagement outcomes in the United States healthcare system. Change Healthcare Inc. was incorporated in 2016 and is headquartered in Nashville, Tennessee. Change Healthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 14000 people.

Current Change Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Change analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Change analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
25.81Hold4Odds
Change Healthcare current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Change analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Change stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Change Healthcare, talking to its executives and customers, or listening to Change conference calls.
Change Analyst Advice Details

Change Stock Analysis Indicators

Change Healthcare stock analysis indicators help investors evaluate how Change Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Change Healthcare shares will generate the highest return on investment. By understating and applying Change Healthcare stock analysis, traders can identify Change Healthcare position entry and exit signals to maximize returns.
Quick Ratio1.05
Fifty Two Week Low18.97
Revenue Growth7.60%
Shares Short Prior Month12.85M
Average Daily Volume Last 10 Day3.12M
Average Daily Volume In Three Month2.57M
Shares Percent Shares Out4.76%
Gross Margins53.03%
Short Percent Of Float5.89%
Forward Price Earnings14.81
Float Shares239.82M
Fifty Two Week High25.71
Enterprise Value To Ebitda17.17
Fifty Day Average24.41
Two Hundred Day Average22.55
Enterprise Value To Revenue3.49
Continue to Trending Equities. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Change Healthcare price analysis, check to measure Change Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Change Healthcare is operating at the current time. Most of Change Healthcare's value examination focuses on studying past and present price action to predict the probability of Change Healthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Change Healthcare's price. Additionally, you may evaluate how the addition of Change Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Change Healthcare'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 Change Healthcare. If investors know Change 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 Change Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Change Healthcare is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Change Healthcare'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 Change Healthcare's market value can be influenced by many factors that don't directly affect Change Healthcare'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 Change Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Change Healthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Healthcare'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.