Quality Systems (QSII) is Reiterated by Topeka Capital Markets to Buy, Lowers Price Target to $ 17

Quality Systems (QSII) was Reiterated by Topeka Capital Markets to “Buy” while Lowering the Price Target of the company shares to $ 17 from a previous price target of $18 . Topeka Capital Markets advised their investors in a research report released on May 20, 2016.

On the company’s financial health, Quality Systems reported $0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 19, 2016. Analyst had a consensus of $0.18. The company had revenue of $127.91 million for the quarter, compared to analysts expectations of $127.64 million. The company’s revenue was down -.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.

Quality Systems closed down -0.21 points or -1.44% at $14.42 with 2,97,456 shares getting traded on Thursday. Post opening the session at $14.56, the shares hit an intraday low of $14.09 and an intraday high of $14.61 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Dec 9, 2015, John R Frantz (CEO) purchased 2,500 shares at $15.45 per share price.

Quality Systems Inc. is engaged in developing and marketing healthcare information systems that automate certain aspects of medical and dental practices networks of practices such as physician hospital organizations (PHOs) and management service organizations (MSOs) accountable care organizations ambulatory care centers community health centers and medical and dental schools along with systems implementation maintenance and support and add-on complementary services such as revenue cycle management (RCM) and electronic data interchange (EDI). The Company operates in four segments: QSI Dental Division NextGen Division Hospital Solutions Division and RCM Services Division. The QSI Dental Division NextGen Division and Hospital Solutions Division develop and market software that is designed to automate and streamline a number of the administrative functions required for operating a medical dental or hospital practice such as patient scheduling and billing.

Quality Systems

Leave a Reply

Quality Systems - Is it time to Sell?

Top Brokerage Firms are advising their investors on Quality Systems. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.