Change Healthcare is a health information services business based in the US. Change Healthcare shares (CHNG) are listed on the NASDAQ and all prices are listed in US Dollars. Change Healthcare employs 14,000 staff and has a trailing 12-month revenue of around $3.5 billion.
Our top picks for where to buy Change Healthcare stock
How to buy Change Healthcare stock
- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – CHNG. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
Buy Change Healthcare stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Change Healthcare stock price (NASDAQ: CHNG)
Use our graph to track the performance of CHNG stocks over time.Change Healthcare shares at a glance
Latest market close | $27.49 |
---|---|
52-week range | $0.00 - $0.00 |
50-day moving average | $25.26 |
200-day moving average | $22.97 |
Wall St. target price | $25.75 |
PE ratio | N/A |
Dividend yield | $0 (0%) |
Earnings per share (TTM) | $-0.18 |
Is it a good time to buy Change Healthcare stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Change Healthcare price performance over time
Historical closes compared with the close of $27.49 from 2022-10-03
1 week (2024-08-25) | N/A |
---|---|
1 month (2024-08-01) | N/A |
3 months (2024-06-01) | N/A |
6 months (2024-03-01) | N/A |
1 year (2023-09-01) | N/A |
---|---|
2 years (2022-09-01) | 11.07% |
3 years (2021-09-03) | 24.28% |
5 years (2019-09-05) | 99.93% |
Is Change Healthcare stock undervalued or overvalued?
Valuing Change Healthcare stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Change Healthcare's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Change Healthcare's PEG ratio
Change Healthcare's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8807. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Change Healthcare's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Change Healthcare's EBITDA
Change Healthcare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $694 million.
The EBITDA is a measure of a Change Healthcare's overall financial performance and is widely used to measure a its profitability.
Change Healthcare financials
Revenue TTM | $3.5 billion |
---|---|
Operating margin TTM | 3.86% |
Gross profit TTM | $1.8 billion |
Return on assets TTM | 0.86% |
Return on equity TTM | -2.35% |
Profit margin | -2.2% |
Book value | $10.07 |
Market Capitalization | $9 billion |
TTM: trailing 12 months
Change Healthcare share dividends
Dividend payout ratio: 1.77% of net profits
Recently Change Healthcare has paid out, on average, around 1.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Change Healthcare shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Change Healthcare's case, that would currently equate to about $0 per share.
While Change Healthcare's payout ratio might seem low, this can signify that Change Healthcare is investing more in its future growth.
Change Healthcare share price volatility
Over the last 12 months, Change Healthcare's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Change Healthcare's is 1.0158. This would suggest that Change Healthcare's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Change Healthcare overview
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. It operates through three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services. The Software and Analytics segment offers software and analytics solutions for revenue cycle management, provider network management, payment accuracy, clinical decision support, value-based payment, consumer engagement, risk adjustment and quality performance, and imaging and clinical workflow. The Network Solutions segment provides solutions for financial, administrative, and clinical and pharmacy transactions; connected consumer health; network; electronic payments; data; pharmacy; and aggregation and analytics of clinical and financial data. The Technology-Enabled Services segment offers solutions for financial and administrative management, value-based care, communication and payment, pharmacy benefits administration, and healthcare consulting. The company serves commercial insurers, private insurers, BlueCross Blue Shield plans, Medicare/Medicaid plans, provider-sponsored payers, third party administrators, emerging technology and data-driven health plans, and other specialty health benefits insurers, as well as hospitals and health systems, physician practices, dentists, pharmacies, skilled nursing facilities, home health agencies, telehealth providers, senior care facilities, laboratories, and other healthcare providers.
Frequently asked questions
nullWhat percentage of Change Healthcare is owned by insiders or institutions?
Currently 0.459% of Change Healthcare shares are held by insiders and 94.736% by institutions. How many people work for Change Healthcare?
Latest data suggests 14,000 work at Change Healthcare. When does the fiscal year end for Change Healthcare?
Change Healthcare's fiscal year ends in March. Where is Change Healthcare based?
Change Healthcare's address is: 424 Church Street, Nashville, TN, United States, 37219 What is Change Healthcare's ISIN number?
Change Healthcare's international securities identification number is: US15912K1007 What is Change Healthcare's CUSIP number?
Change Healthcare's Committee on Uniform Securities Identification Procedures number is: 15912K209
More guides on Finder
-
Options profit calculator
Use this calculator to quickly see potential outcomes of your options trades.
-
Best options trading platforms of 2024
SoFi, Robinhood, Tastytrade, Webull, Interactive Brokers, E*TRADE, eToro and others top our list for the best options trading platforms.
-
What is a covered call?
A covered call is an options trading strategy that allows you to generate income from stocks you already own.
-
GSD Capital review 2024
A look at GSD Capital’s highlights, limitations, fees and investment strategies.
-
Today’s best brokerage account bonuses [Signup and transfer promos]
Explore the best bonuses for opening a new brokerage account.
-
10 E*TRADE competitors worth your time
Looking for a discount broker like E*TRADE that offers something different? Here are some of the top alternatives to consider.
-
Charles Schwab vs. Fidelity
Charles Schwab and Fidelity are two powerhouse trading platforms for beginner and advanced investors.
-
Interactive Brokers review 2024: Tailored trading and investing
Interactive Brokers has advanced charting tools but a high net requirement to qualify.
-
Top 15 tech stocks to invest in for 2024
Discover the top tech stocks poised to lead innovation and offer substantial growth opportunities.
-
Wealthfront review: Low-cost automated and DIY investing
Learn about Wealthfront’s automated investing tools and services to see if it’s the right platform for you.
Ask a question