Well being Catalyst (NASDAQ:HCAT – Get Score) posted its quarterly earnings outcomes on Tuesday. The corporate reported ($0.19) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.02, MarketWatch Earnings stories. Well being Catalyst had a damaging return on fairness of twenty-two.56% and a damaging internet margin of 63.88%. The enterprise had income of $64.72 million for the quarter, in comparison with analysts’ expectations of $63.17 million. Throughout the identical quarter within the prior yr, the enterprise earned ($0.41) EPS. The agency’s income for the quarter was up 21.5% on a year-over-year foundation. Well being Catalyst up to date its FY 2022 steering to EPS and its Q1 2022 steering to EPS.
Shares of NASDAQ HCAT traded down $0.56 throughout mid-day buying and selling on Tuesday, reaching $26.56. The corporate had a buying and selling quantity of 730,714 shares, in comparison with its common quantity of 560,225. Well being Catalyst has a one yr low of $23.78 and a one yr excessive of $59.50. The agency has a market cap of $1.38 billion, a price-to-earnings ratio of -8.10 and a beta of 0.88. The enterprise’s 50-day easy shifting common is $31.77 and its 200 day easy shifting common is $42.78.
Plenty of equities analysis analysts lately weighed in on the corporate. Jefferies Monetary Group assumed protection on Well being Catalyst in a analysis be aware on Wednesday, December 1st. They issued a “maintain” score and a $48.00 worth goal on the inventory. Zacks Funding Analysis reduce Well being Catalyst from a “purchase” score to a “maintain” score in a analysis be aware on Tuesday, January eleventh. The Goldman Sachs Group initiated protection on Well being Catalyst in a analysis report on Friday, February eleventh. They set a “purchase” score and a $48.00 worth goal on the inventory. Lastly, Citigroup lowered their worth goal on Well being Catalyst from $68.00 to $55.00 and set a “purchase” score on the inventory in a analysis report on Monday, December twentieth. Two analysts have rated the inventory with a maintain score, 9 have assigned a purchase score and one has assigned a powerful purchase score to the corporate’s inventory. In keeping with MarketBeat.com, Well being Catalyst at the moment has a mean score of “Purchase” and a mean goal worth of $58.73.
In associated information, insider Linda Llewelyn offered 2,200 shares of the agency’s inventory in a transaction dated Friday, December third. The inventory was offered at a mean worth of $41.50, for a complete worth of $91,300.00. The transaction was disclosed in a doc filed with the SEC, which may be accessed via the SEC web site. Additionally, COO Paul Horstmeier offered 10,750 shares of the agency’s inventory in a transaction dated Monday, February seventh. The shares have been offered at a mean worth of $29.10, for a complete worth of $312,825.00. The disclosure for this sale may be discovered right here. Insiders offered 107,729 shares of firm inventory value $4,156,359 within the final 90 days. 2.00% of the inventory is owned by firm insiders.
Plenty of giant buyers have lately added to or lowered their stakes within the inventory. BlackRock Inc. boosted its stake in Well being Catalyst by 0.5% within the fourth quarter. BlackRock Inc. now owns 4,699,392 shares of the corporate’s inventory valued at $186,189,000 after shopping for an extra 23,211 shares within the final quarter. State Road Corp boosted its stake in shares of Well being Catalyst by 4.6% throughout the fourth quarter. State Road Corp now owns 959,292 shares of the corporate’s inventory valued at $38,007,000 after buying an extra 41,865 shares within the final quarter. William Blair Funding Administration LLC boosted its stake in shares of Well being Catalyst by 1.1% throughout the fourth quarter. William Blair Funding Administration LLC now owns 802,270 shares of the corporate’s inventory valued at $31,786,000 after buying an extra 8,571 shares within the final quarter. Millennium Administration LLC boosted its stake in shares of Well being Catalyst by 145.8% throughout the fourth quarter. Millennium Administration LLC now owns 332,967 shares of the corporate’s inventory valued at $13,192,000 after buying an extra 197,509 shares within the final quarter. Lastly, Authorized & Normal Group Plc boosted its stake in shares of Well being Catalyst by 16.0% throughout the fourth quarter. Authorized & Normal Group Plc now owns 84,065 shares of the corporate’s inventory valued at $3,331,000 after buying an extra 11,581 shares within the final quarter.
About Well being Catalyst (Get Score)
Well being Catalyst, Inc engages within the provision of knowledge and analytics know-how and providers to healthcare organizations. It operates via the Expertise, and Skilled Providers segments. The Expertise section consists of its information platform, analytics purposes, and help providers. The Skilled Providers section combines analytics, implementation, strategic advisory, outsource, and enchancment providers to ship experience to its clients.
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