|Bid||129.39 x 800|
|Ask||145.60 x 800|
|Day's Range||135.82 - 138.80|
|52 Week Range||111.61 - 163.94|
|PE Ratio (TTM)||49.96|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||160.14|
Shares of the Watertown health IT company fell following a New York Post report that the activist investor has "backed away" from the $160-per-share offer it publicly made earlier this year.
Athenahealth Inc. has pushed out a bid deadline for potential acquirers by a few weeks as it talks with at least two suitors, including Elliott Management Corp., that remain interested in the health records technology company, according to people familiar with the matter. Elliott has partnered up with private equity firm Bain Capital, and is actively evaluating a potential deal, as is at least one other strategic bidder, the people said. Athenahealth shares fell as much as 11 percent on Tuesday after the New York Post cited sources saying that Elliott was backing away from a May proposal to pay $160 a share for Athenahealth and that it might reduce its offer.
athenahealth (ATHN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
On Tuesday, Athenahealth was down 5% to around $135 a share in morning trading. The bid for a total sum of $6.9 billion was first made in May. The Post reported that Elliott while backing away from the initial bid, may be interested in lowering the price. Elliott has taken an activist role in Athenahealth, forcing CEO Jonathan Bush out in June.
Paul Singer of Elliott Management could be mulling a bid at a lower price, according to the The New York Post.
Zacks.com highlights: athenahealth, Medifast, Commvault Systems, Molina Healthcare and Fortinet
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Liquidity indicates a company’s capability of meeting debt obligations by converting assets into liquid cash and equivalents. It considers inventory excluding current assets relative to current liabilities.
The former chief executive of Watertown health care software company athenahealth, who stepped down in June amid sexual misconduct allegations, will be paid a lump sum of $4.83 million if he participates in successful efforts to sell the company over the next nine months.
Athenahealth Inc. will pay former Chief Executive Officer Jonathan Bush $4.83 million if the company is sold with his help in coming months. Bush, who stepped down in June after being accused of sexual misconduct, will receive an additional $2 million in early 2020 if he upholds a non-compete agreement with the health-technology firm, according to a regulatory filing Wednesday. Athenahealth, based in Watertown, Massachusetts, has said it plans to explore a sale or merger.
Zacks.com featured highlights include: Columbia Sportswear, Illumina, WellCare, athenahealth and Caterpillar
athenahealth (ATHN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectation. Why Is a Positive Earnings Surprise So Important? Historically, stocks of companies with solid quarterly earnings (on a nominal basis) tank if they miss or merely meet market expectations.
The former GE executive and current athenahealth executive chairman served on the board of a think tank named after the longtime U.S. Senator, who died Saturday.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Healthcare sector is rising.
NEW YORK, Aug. 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of athenahealth, ...
Ex-GE CEO Jeff Immelt has joined the board of San Francisco digital health company Collective Health as part of his new business efforts in the health care industry. In a LinkedIn post announcing the move, Immelt pointed to a joint venture from Amazon, Berkshire Hathaway, and JP Morgan as a sign that employers are taking the reins of health care reform. New technologies have enabled this, and it’s time for employers to accept the challenge,” Immelt wrote.
“There's tremendous goodwill for the company, tremendous support for athenahealth," Executive Director Jeff Immelt said during the company's second quarter earnings call Monday.
An upbeat 2018 guidance instills investor's optimism for athenahealth (ATHN). However, lackluster performance in the Implementation and other segment is a persistent headwind.
LONDON, UK / ACCESSWIRE / July 31, 2018/ If you want a free Stock Review on VEEV sign up now at www.wallstequities.com/registration. This Tuesday, WallStEquities.com has initiated reports coverage on the following Healthcare Information Services equities: Premier Inc. (NASDAQ: PINC), R1 RCM Inc. (NASDAQ: RCM), Veeva Systems Inc. (NYSE: VEEV), and athenahealth Inc. (NASDAQ: ATHN).