TruBridge (NASDAQ:TBRG) Issues Earnings Results, Misses Estimates By $0.34 EPS

TruBridge (NASDAQ:TBRG) posted its quarterly earnings results on Monday. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.34), Zacks reports. TruBridge had a positive return on equity of 1.78% and a negative net margin of 17.72%. TruBridge updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

TruBridge Stock Performance

NASDAQ TBRG traded down $0.94 during trading hours on Monday, reaching $27.37. 355,140 shares of the company were exchanged, compared to its average volume of 126,478. The company has a quick ratio of 1.78, a current ratio of 1.80 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $408.50 million, a P/E ratio of -6.69, a P/E/G ratio of 5.38 and a beta of 0.71. TruBridge has a 1 year low of $7.61 and a 1 year high of $31.67. The business’s 50 day simple moving average is $24.92 and its 200-day simple moving average is $18.11.

Analyst Ratings Changes

TBRG has been the subject of several research reports. Barclays lifted their price target on TruBridge from $10.00 to $14.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. Stephens raised their target price on TruBridge from $13.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th.

Insider Activity

In other news, major shareholder Pinetree Capital Ltd. purchased 6,795 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of $28.16 per share, for a total transaction of $191,347.20. Following the purchase, the insider now owns 729,176 shares of the company’s stock, valued at $20,533,596.16. The trade was a 0.94 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased 116,728 shares of company stock valued at $3,239,879 in the last three months. Company insiders own 3.60% of the company’s stock.

TruBridge Company Profile

TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.