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

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

TruBridge Price Performance

Shares of NASDAQ TBRG traded down $0.94 during trading hours on Monday, reaching $27.37. 355,140 shares of the stock traded hands, compared to its average volume of 126,478. TruBridge has a 52-week low of $7.61 and a 52-week high of $31.67. 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 company’s 50-day simple moving average is $24.92 and its two-hundred day simple moving average is $18.11. The company has a market capitalization of $408.50 million, a P/E ratio of -6.69, a price-to-earnings-growth ratio of 5.38 and a beta of 0.71.

Insiders Place Their Bets

In related news, major shareholder Pinetree Capital Ltd. acquired 34,952 shares of the firm’s stock in a transaction dated Thursday, February 20th. The shares were purchased at an average price of $27.99 per share, for a total transaction of $978,306.48. Following the completion of the acquisition, the insider now owns 768,250 shares in the company, valued at approximately $21,503,317.50. This represents a 4.77 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Over the last ninety days, insiders have acquired 116,728 shares of company stock valued at $3,239,879. 3.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TBRG shares. Barclays upped their price target on TruBridge from $10.00 to $14.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. Stephens boosted their price target on shares of TruBridge from $13.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th.

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.