Allscripts Stock Today

MDRX
 Stock
  

USD 14.85  0.41  2.69%   

Market Performance
0 of 100
Odds Of Distress
Less than 35
Allscripts Hlthcare is trading at 14.85 as of the 30th of June 2022; that is -2.69% down since the beginning of the trading day. The stock's open price was 15.26. Allscripts Hlthcare has about a 35 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Allscripts Hlthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of May 2022 and ending today, the 30th of June 2022. Click here to learn more.
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. The company has 122.57 M outstanding shares of which 13.01 M shares are now shorted by private and institutional investors with about 10.54 trading days to cover. More on Allscripts Hlthcare

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Allscripts Hlthcare Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Allscripts Hlthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Allscripts Hlthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Allscripts Hlthcare generated a negative expected return over the last 90 days
Allscripts Hlthcare currently holds about 188.35 M in cash with (75.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Allscripts Hlthcare has a frail financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Patient Engagement Solutions Global Market Report 2022-2028 Increasing Interest in Improving Quality of Care Presents Opportunities - Yahoo Finance
CEO and DirectorPaul Black
Thematic IdeaComputers (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Allscripts Hlthcare report their recommendations after researching Allscripts Hlthcare's financial statements, talking to executives and customers, or listening in on Allscripts Hlthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Allscripts Hlthcare. The Allscripts consensus assessment is calculated by taking the average forecast from all of the analysts covering Allscripts Hlthcare.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Allscripts Hlthcare based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Allscripts Hlthcare financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares137 M122.6 M
Moderately Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted167.8 M130.1 M
Significantly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations(77.4 M)(75.4 M)
Fairly Down
Decreasing
Slightly volatile
Total AssetsB2.4 B
Fairly Up
Increasing
Slightly volatile
Total Liabilities1.4 BB
Significantly Up
Increasing
Stable
Current Assets1.3 B1.6 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities718.1 M598 M
Fairly Up
Increasing
Slightly volatile
Total Debt574.6 M372.9 M
Way Up
Increasing
Stable
Return on Average Assets0.05610.052
Significantly Up
Increasing
Slightly volatile
Gross Margin0.390.412
Notably Down
Decreasing
Slightly volatile
Asset Turnover0.520.583
Fairly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Allscripts Hlthcare's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Allscripts Hlthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Allscripts Hlthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Allscripts Hlthcare's financial leverage. It provides some insight into what part of Allscripts Hlthcare's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Allscripts Hlthcare's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Allscripts Hlthcare deploys its capital and how much of that capital is borrowed.
Liquidity
Allscripts Hlthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 434.48 M in liabilities with Debt to Equity (D/E) ratio of 0.31, which is about average as compared to similar companies. Allscripts Hlthcare has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Allscripts Hlthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Allscripts Hlthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allscripts Hlthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allscripts to invest in growth at high rates of return. When we think about Allscripts Hlthcare's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(77.41 Million)Share
Allscripts Hlthcare (MDRX) is traded on NASDAQ Exchange in USA. It is located in 222 Merchandise Mart Plaza, Suite 2024, Chicago, IL 60654, United States and employs 8,000 people. Allscripts Hlthcare is listed under Computers category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allscripts Hlthcare's market, we take the total number of its shares issued and multiply it by Allscripts Hlthcare'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. Allscripts Hlthcare conducts business under Healthcare sector and is part of Health Information Services industry. The entity has 122.57 M outstanding shares of which 13.01 M shares are now shorted by private and institutional investors with about 10.54 trading days to cover. Allscripts Hlthcare currently holds about 188.35 M in cash with (75.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.62.
Check Allscripts Hlthcare Probability Of Bankruptcy
Ownership
Allscripts Hlthcare holds a total of one hundred twenty-two million five hundred seventy thousand outstanding shares. The majority of Allscripts Hlthcare outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Allscripts Hlthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Allscripts Hlthcare. Please pay attention to any change in the institutional holdings of Allscripts Hlthcare as this could imply that something significant has changed or about to change at the company. Also note that nearly eleven million thirty-one thousand three hundred invesors are currently shorting Allscripts Hlthcare expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Allscripts Ownership Details

Allscripts Stock Price Odds Analysis

What are Allscripts Hlthcare's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Allscripts Hlthcare jumping above the current price in 90 days from now is more than 93.0%. The Allscripts Hlthcare probability density function shows the probability of Allscripts Hlthcare stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.033. This indicates Allscripts Hlthcare market returns are sensitive to returns on the market. As the market goes up or down, Allscripts Hlthcare is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Allscripts Hlthcare is significantly underperforming DOW.
  Odds Below 14.85HorizonTargetOdds Above 14.85
6.72%90 days
 14.85 
93.25%
Based on a normal probability distribution, the odds of Allscripts Hlthcare to move above the current price in 90 days from now is more than 93.0 (This Allscripts Hlthcare probability density function shows the probability of Allscripts Stock to fall within a particular range of prices over 90 days) .

Allscripts Hlthcare Historical Income Statement

Allscripts Hlthcare Income Statement is one of the three primary financial statements used for reporting Allscripts's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Allscripts Hlthcare revenue and expense. Allscripts Hlthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Allscripts Hlthcare Weighted Average Shares Diluted is fairly stable at the moment as compared to the past year. Allscripts Hlthcare reported Weighted Average Shares Diluted of 130.14 Million in 2021. Income Tax Expense is likely to rise to about 30 M in 2022, whereas Direct Expenses is likely to drop slightly above 806.1 M in 2022. View More Fundamentals

Allscripts Stock Against Markets

Picking the right benchmark for Allscripts Hlthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Allscripts Hlthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Allscripts Hlthcare is critical whether you are bullish or bearish towards Allscripts Hlthcare at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Allscripts Hlthcare without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Allscripts Hlthcare Corporate Directors

Allscripts Hlthcare corporate directors refer to members of an Allscripts Hlthcare board of directors. The board of directors generally takes responsibility for the Allscripts Hlthcare's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Allscripts Hlthcare's board members must vote for the resolution. The Allscripts Hlthcare board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Anita Pramoda - DirectorProfile
Greg Garrison - DirectorProfile
P Garrison - Independent DirectorProfile
Stuart Bascomb - Independent DirectorProfile

Investing Allscripts Hlthcare

You need to understand the risk of investing before taking a position in Allscripts Hlthcare. The danger of trading Allscripts Hlthcare is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Allscripts Hlthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Allscripts Hlthcare. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allscripts Hlthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Allscripts Hlthcare price analysis, check to measure Allscripts Hlthcare'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 Allscripts Hlthcare is operating at the current time. Most of Allscripts Hlthcare's value examination focuses on studying past and present price action to predict the probability of Allscripts Hlthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allscripts Hlthcare's price. Additionally, you may evaluate how the addition of Allscripts Hlthcare to your portfolios can decrease your overall portfolio volatility.
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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.
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.