KeyCorp initiated protection on shares of Well being Catalyst (NASDAQ:HCAT – Get Ranking) in a analysis word issued to traders on Thursday, The Fly experiences. The agency issued a sector weight ranking on the inventory.
Different fairness analysts have additionally issued experiences in regards to the inventory. Piper Sandler lowered shares of Well being Catalyst from an chubby ranking to a impartial ranking and lowered their worth goal for the inventory from $21.00 to $11.00 in a analysis report on Tuesday. JPMorgan Chase & Co. lowered shares of Well being Catalyst from an chubby ranking to a impartial ranking and lowered their worth goal for the inventory from $20.00 to $16.00 in a analysis report on Friday, August fifth. The Goldman Sachs Group lowered their worth goal on shares of Well being Catalyst from $29.00 to $18.00 and set a purchase ranking on the inventory in a analysis report on Wednesday, August tenth. Stifel Nicolaus lowered shares of Well being Catalyst from a purchase ranking to a maintain ranking and decreased their goal worth for the corporate from $27.00 to $16.00 in a report on Friday, August fifth. Lastly, BTIG Analysis decreased their goal worth on shares of Well being Catalyst from $35.00 to $25.00 in a report on Wednesday, July twenty seventh. 4 funding analysts have rated the inventory with a maintain ranking, eight have given a purchase ranking and one has issued a robust purchase ranking to the inventory. In keeping with MarketBeat, the inventory at present has a consensus ranking of Average Purchase and a consensus worth goal of $25.92.
Well being Catalyst Inventory Efficiency
NASDAQ HCAT opened at $10.93 on Thursday. The agency has a 50-day transferring common of $13.81 and a 200-day transferring common of $17.28. The inventory has a market cap of $598.12 million, a PE ratio of -3.74 and a beta of 1.23. Well being Catalyst has a 52-week low of $10.21 and a 52-week excessive of $57.19.
Well being Catalyst (NASDAQ:HCAT – Get Ranking) final posted its earnings outcomes on Thursday, August 4th. The corporate reported ($0.36) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.45) by $0.09. Well being Catalyst had a unfavorable web margin of 54.64{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} and a unfavorable return on fairness of 18.31{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043}. The corporate had income of $70.63 million in the course of the quarter, in comparison with analysts’ expectations of $69.78 million. As a bunch, analysts predict that Well being Catalyst will publish -1.82 EPS for the present fiscal yr.
Insider Shopping for and Promoting
In different Well being Catalyst information, Director Duncan Gallagher purchased 8,400 shares of the enterprise’s inventory in a transaction that occurred on Thursday, August 18th. The shares have been acquired at a mean value of $11.69 per share, for a complete transaction of $98,196.00. Following the transaction, the director now instantly owns 28,805 shares within the firm, valued at $336,730.45. The acquisition was disclosed in a authorized submitting with the Securities & Alternate Fee, which is obtainable by means of this hyperlink. 1.50{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} of the inventory is owned by company insiders.
Institutional Buyers Weigh In On Well being Catalyst
Hedge funds have just lately added to or decreased their stakes within the enterprise. Advisor Group Holdings Inc. lifted its place in shares of Well being Catalyst by 94.9{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} within the 4th quarter. Advisor Group Holdings Inc. now owns 2,857 shares of the corporate’s inventory price $113,000 after buying an extra 1,391 shares in the course of the interval. Dimensional Fund Advisors LP lifted its place in shares of Well being Catalyst by 41.7{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} within the 4th quarter. Dimensional Fund Advisors LP now owns 406.241 shares of the corporate’s inventory price $16,095,000 after buying an extra 119,481 shares in the course of the interval. Instructor Retirement System of Texas lifted its place in shares of Well being Catalyst by 42.3{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} within the 4th quarter. Instructor Retirement System of Texas now owns 8,593 shares of the corporate’s inventory price $340,000 after buying an extra 2,556 shares in the course of the interval. Rhumbline Advisers lifted its place in shares of Well being Catalyst by 0.8{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} within the 4th quarter. Rhumbline Advisers now owns 49,095 shares of the corporate’s inventory price $1,945,000 after buying an extra 409 shares in the course of the interval. Lastly, Charles Schwab Funding Administration Inc. lifted its place in shares of Well being Catalyst by 4.5{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} within the 4th quarter. Charles Schwab Funding Administration Inc. now owns 369,000 shares of the corporate’s inventory price $14,620,000 after buying an extra 15,839 shares in the course of the interval. 96.58{9e7233bf7b7729ee6783eef1329458e75931885cc41cee97cb0e460d545f2043} of the inventory is at present owned by institutional traders and hedge funds.
About Well being Catalyst
(Get Ranking)
Well being Catalyst, Inc. offers knowledge and analytics expertise and providers to healthcare organizations. Its choices embrace 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 present enterprise intelligence instruments, growing analytics accuracy; inhabitants well being administration identifies enhancements throughout the care continuum in addition to actionable steering for achievement and automatic workflows; monetary transformation offering costing and labor productiveness insights and income seize; high quality and security enchancment utilizing medical high quality and affected person security knowledge, analytics, and knowledgeable providers; and nationwide knowledge ecosystem for thought management and mutual information alternate to remodel care supply by means of next-gen insights.
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