Piper Sandler lowered shares of Well being Catalyst (NASDAQ:HCAT – Get Ranking) from an chubby ranking to a impartial ranking in a analysis notice launched on Tuesday, MarketBeat Rankings reviews. Piper Sandler presently has $11.00 worth goal on the inventory, down from their earlier worth goal of $21.00.
A number of different analysts have additionally weighed in on HCAT. Stifel Nicolaus lowered shares of Well being Catalyst from a purchase ranking to a maintain ranking and lowered their worth goal for the corporate from $27.00 to $16.00 in a analysis notice on Friday, August fifth. JPMorgan Chase & Co. lower shares of Well being Catalyst from an chubby ranking to a impartial ranking and decreased their worth goal for the inventory from $20.00 to $16.00 in a analysis report on Friday, August fifth. BTIG Analysis dropped their worth goal on Well being Catalyst from $35.00 to $25.00 in a analysis notice on Wednesday, July twenty seventh. Lastly, The Goldman Sachs Group decreased their worth goal on Well being Catalyst from $29.00 to $18.00 and set a purchase ranking for the corporate in a report on Wednesday, August tenth. Three analysts have rated the inventory with a maintain ranking, eight have assigned a purchase ranking and one has assigned a robust purchase ranking to the corporate. In line with knowledge from MarketBeat.com, Well being Catalyst presently has a median ranking of Average Purchase and a consensus worth goal of $25.92.
Well being Catalyst Worth Efficiency
Shares of HCAT opened at $10.72 on Tuesday. The corporate’s fifty day shifting common worth is $13.91 and its 200 day shifting common worth is $17.32. Well being Catalyst has a one 12 months low of $10.21 and a one 12 months excessive of $57.19. The corporate has a market capitalization of $586.63 million, a PE ratio of -3.67 and a beta of 1.23.
Well being Catalyst (NASDAQ:HCAT – Get Ranking) final issued its earnings outcomes on Thursday, August 4th. The corporate reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.45) by $0.09. The agency had income of $70.63 million throughout the quarter, in comparison with the consensus estimate of $69.78 million. Well being Catalyst had a adverse web margin of 54.64% and a adverse return on fairness of 18.31%. Analysts anticipate that Well being Catalyst will submit -1.82 earnings per share for the present 12 months.
Insiders Place Their Bets
In different information, Director Duncan Gallagher acquired 8,400 shares of Well being Catalyst inventory in a transaction on Thursday, August 18th. The shares have been acquired at a median worth of $11.69 per share, with a complete worth of $98,196.00. Following the acquisition, the director now straight owns 28,805 shares within the firm, valued at roughly $336,730.45. The transaction was disclosed in a authorized submitting with the SEC, which is on the market by the SEC web site. Company insiders personal 1.50% of the corporate’s inventory.
Hedge Funds Weigh In On Well being Catalyst
Massive traders have lately modified their holdings of the inventory. Rhumbline Advisers boosted its holdings in Well being Catalyst by 0.8% throughout the 4th quarter. Rhumbline Advisers now owns 49.095 shares of the corporate’s inventory valued at $1,945,000 after buying a further 409 shares throughout the interval. Investnet Asset Administration Inc. lifted its holdings in shares of Well being Catalyst by 2.4% within the 4th quarter. Investnet Asset Administration Inc. now owns 22,519 shares of the corporate’s inventory value $892,000 after shopping for a further 525 shares throughout the interval. Arizona State Retirement System lifted its holdings in shares of Well being Catalyst by 6.1% within the 2nd quarter. Arizona State Retirement System now owns 12,696 shares of the corporate’s inventory value $184,000 after shopping for a further 735 shares throughout the interval. UMB Financial institution NA MO bought a brand new stake in shares of Well being Catalyst throughout the 4th quarter value $30,000. Lastly, Fairfield Bush & CO. bought a brand new stake in shares of Well being Catalyst throughout the 1st quarter value $25,000. Institutional traders personal 96.58% of the corporate’s inventory.
About Well being Catalyst
(Get Ranking)
Well being Catalyst, Inc. supplies knowledge and analytics expertise and companies to healthcare organizations. Its choices embody an information and analytics platform, a commercial-grade knowledge and analytics platform for the healthcare sector; AI and knowledge science, offering integration of AI into current enterprise intelligence instruments, rising analytics accuracy; inhabitants well being administration identifies enhancements throughout the care continuum in addition to actionable steerage for fulfillment and automatic workflows; monetary transformation offering costing and labor productiveness insights and income seize; high quality and security enchancment utilizing scientific high quality and affected person security knowledge, analytics, and skilled companies; and nationwide knowledge ecosystem for thought management and mutual data trade to rework care supply by next-gen insights.
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