TruBridge (NASDAQ:TBRG – Get Free Report) issued its earnings results on Thursday. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.48, FiscalAI reports. TruBridge had a negative net margin of 3.63% and a positive return on equity of 3.30%. The company had revenue of $86.11 million during the quarter, compared to the consensus estimate of $85.56 million. TruBridge updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.
TruBridge Price Performance
Shares of TBRG traded up $0.18 during midday trading on Friday, hitting $19.42. 136,077 shares of the company traded hands, compared to its average volume of 148,536. The stock has a market cap of $291.53 million, a price-to-earnings ratio of -23.12 and a beta of 0.57. The firm has a 50 day moving average of $20.11 and a 200-day moving average of $21.92. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.79 and a current ratio of 1.80. TruBridge has a 52 week low of $13.18 and a 52 week high of $32.00.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of TruBridge in a research report on Friday, October 31st. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $23.67.
Hedge Funds Weigh In On TruBridge
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TBRG. Legal & General Group Plc bought a new stake in TruBridge in the 2nd quarter worth approximately $26,000. New York State Common Retirement Fund purchased a new position in shares of TruBridge in the second quarter valued at $101,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of TruBridge in the second quarter valued at $128,000. State of Wyoming bought a new stake in TruBridge in the second quarter worth $161,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in TruBridge during the first quarter valued at $221,000. 88.64% of the stock is owned by institutional investors.
About TruBridge
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.
Recommended Stories
- Five stocks we like better than TruBridge
- 3 Small Caps With Big Return Potential
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- Financial Services Stocks Investing
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- ETF Screener: Uses and Step-by-Step Guide
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for TruBridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TruBridge and related companies with MarketBeat.com's FREE daily email newsletter.
