The price of TBRG is predicted to go up 8.23%, based on the high correlation periods with ALV. The similarity of these two price pattern on the periods is 99.18%.
TBRG
ALV
Up: 8.23%Similarity: 99.18%
TBRG Revenue Forecast
TBRG EPS Forecast
TBRG FAQs
What is bull’s view on TBRG?
TBRG stock has a bullish outlook with a price target of $17, reflecting a 6.18% upside from its current price of $24.88. This optimism is driven by positive insider activity, including significant share purchases, and the company's strong position in healthcare IT solutions. Additionally, the Moderate Buy consensus among analysts supports the bullish sentiment.
What is bear's view on TBRG?
TBRG stock currently trades at $24.88, above the average analyst price target of $13.00. Bears argue the stock is overvalued due to its negative P/E ratio (-3.29) and weak earnings performance, with Q3 adjusted EPS missing consensus by 48%. Additionally, its valuation appears stretched compared to peers in the healthcare IT sector.
What is TBRG revenue forecast for next quarter?
The market consensus for TBRG's revenue in the upcoming quarter is projected to be approximately $88.123M USD.
What is TBRG eps forecast for next quarter?
The market consensus for TBRG's eps in the upcoming quarter is projected to be approximately $0.286 USD.
Stephens raised the firm's price target on TruBridge to $17 from $13 and keeps an Equal Weight rating on the shares. The firm is updating its model following "favorable" Q3 results that included a fourth straight quarter of greater than $20M in bookings, revenue slightly above consensus driving material earnings upside and "favorable" FY24 guidance that implies a return to organic revenue growth.