$0.62 EPS Expected for athenahealth, Inc. (ATHN)

June 15, 2018 - By Samual Williams

athenahealth, Inc. (NASDAQ:ATHN) LogoInvestors sentiment increased to 1.3 in 2018 Q1. Its up 0.30, from 1 in 2017Q4. It improved, as 23 investors sold athenahealth, Inc. shares while 65 reduced holdings. 53 funds opened positions while 61 raised stakes. 44.45 million shares or 1.74% less from 45.24 million shares in 2017Q4 were reported.
Pub Employees Retirement System Of Ohio, a Ohio-based fund reported 16,398 shares. Pub Employees Retirement Association Of Colorado has invested 0.05% in athenahealth, Inc. (NASDAQ:ATHN). Carroll Fincl Assocs holds 92 shares. Alps Advsr Incorporated accumulated 3,863 shares or 0% of the stock. The West Virginia-based Wesbanco Comml Bank has invested 0.07% in athenahealth, Inc. (NASDAQ:ATHN). The Texas-based Dimensional Fund Advisors L P has invested 0.01% in athenahealth, Inc. (NASDAQ:ATHN). Citigroup Inc holds 2,376 shares or 0% of its portfolio. Great West Life Assurance Can owns 4,278 shares for 0% of their portfolio. The Michigan-based Bluestein R H has invested 0.02% in athenahealth, Inc. (NASDAQ:ATHN). Gilder Gagnon Howe Com owns 2,782 shares. Boston Private Wealth has 0.01% invested in athenahealth, Inc. (NASDAQ:ATHN). Federated Pa reported 0.03% stake. Td Asset Inc has 0.01% invested in athenahealth, Inc. (NASDAQ:ATHN) for 52,532 shares. Wealthtrust reported 143 shares stake. Voya Mgmt Ltd Liability Corporation holds 0% of its portfolio in athenahealth, Inc. (NASDAQ:ATHN) for 14,306 shares.

Since January 2, 2018, it had 2 insider buys, and 23 insider sales for $12.40 million activity. The insider Bush Jonathan sold $670,274. O’Brien Timothy John sold 3,064 shares worth $420,596. Another trade for 150 shares valued at $19,239 was made by Porter Jonathan D. on Friday, January 26. ROBINSON DAVID ERIC had sold 5,000 shares worth $669,698. On Tuesday, January 2 the insider Hull Brandon H sold $107,896. Another trade for 3,600 shares valued at $507,744 was made by IMMELT JEFFREY R on Tuesday, February 27.

Analysts expect athenahealth, Inc. (NASDAQ:ATHN) to report $0.62 EPS on July, 19.They anticipate $0.34 EPS change or 121.43 % from last quarter’s $0.28 EPS. ATHN’s profit would be $25.06M giving it 63.57 P/E if the $0.62 EPS is correct. After having $0.99 EPS previously, athenahealth, Inc.’s analysts see -37.37 % EPS growth. The stock increased 0.43% or $0.68 during the last trading session, reaching $157.65. About 367,139 shares traded. athenahealth, Inc. (NASDAQ:ATHN) has risen 14.89% since June 15, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

athenahealth, Inc. (NASDAQ:ATHN) Ratings Coverage

Among 18 analysts covering Athenahealth (NASDAQ:ATHN), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Athenahealth had 32 analyst reports since January 11, 2018 according to SRatingsIntel. The rating was maintained by Leerink Swann with “Hold” on Tuesday, May 8. Citigroup maintained athenahealth, Inc. (NASDAQ:ATHN) rating on Monday, April 30. Citigroup has “Neutral” rating and $140 target. The firm has “Neutral” rating by JP Morgan given on Tuesday, April 24. The stock of athenahealth, Inc. (NASDAQ:ATHN) has “Hold” rating given on Tuesday, May 15 by Berenberg. Canaccord Genuity maintained athenahealth, Inc. (NASDAQ:ATHN) on Monday, February 5 with “Hold” rating. The stock has “Market Perform” rating by Leerink Swann on Thursday, June 7. Stifel Nicolaus maintained athenahealth, Inc. (NASDAQ:ATHN) on Friday, February 2 with “Hold” rating. Oppenheimer maintained athenahealth, Inc. (NASDAQ:ATHN) on Wednesday, April 18 with “Buy” rating. KeyBanc Capital Markets maintained athenahealth, Inc. (NASDAQ:ATHN) on Thursday, January 11 with “Buy” rating. On Friday, February 2 the stock rating was maintained by Piper Jaffray with “Buy”.

athenahealth, Inc., together with its subsidiaries, provides network medical record, revenue cycle, patient engagement, care coordination, and population health services for medical groups and health systems. The company has market cap of $6.37 billion. It offers athenaCollector, a network-enabled billing and practice management solution; athenaClinicals, an electronic health record for electronic health record management to help manage patientÂ’s clinical documentation; athenaCommunicator, an engagement and communication solution that provides an automated communication service between patients and well-known provider practices for interactions outside the exam room; and athenaCoordinator for order transmission and care coordination services. It has a 120.34 P/E ratio. The firm also provides athenahealth Population Health, a cloud population health service; and Epocrates service that include clinical information and decision support services in the areas of drug and disease information, medical calculator and tools, clinical guidelines, clinical messaging, and market research.

More notable recent athenahealth, Inc. (NASDAQ:ATHN) news were published by: Benzinga.com which released: “Athenahealth Notches Price Target Increase After CEO Departure, Strategic Alternative Announcement” on June 06, 2018, also Seekingalpha.com with their article: “The Art Of The M&A Deal – athenahealth” published on June 04, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on June 07, 2018. More interesting news about athenahealth, Inc. (NASDAQ:ATHN) were released by: Seekingalpha.com and their article: “Athenahealth could fetch $170/share – Deutsche Bank” published on May 22, 2018 as well as Fool.com‘s news article titled: “Better Buy: Veeva Systems Inc. vs. athenahealth, Inc.” with publication date: June 07, 2018.

athenahealth, Inc. (NASDAQ:ATHN) Ratings Chart

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