TruBridge Inc [TBRG] stock prices are up 7.49% to $29.42 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TBRG shares have gain 4.47% over the last week, with a monthly amount glided 16.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TruBridge Inc [NASDAQ: TBRG] stock has seen the most recent analyst activity on March 28, 2024, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $13. Previously, Barclays started tracking the stock with Equal Weight rating on January 03, 2024, and set its price target to $12. On August 15, 2023, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $24 on the stock. Stephens started tracking the stock assigning a Equal-Weight rating and suggested a price target of $30 on April 12, 2023. KeyBanc Capital Markets upgraded its rating to a Sector Weight. Cantor Fitzgerald upgraded its rating to Overweight for this stock on May 08, 2020, but kept the price target unchanged to $27. In a note dated April 13, 2020, SVB Leerink initiated an Outperform rating.
The stock price of TruBridge Inc [TBRG] has been fluctuating between $7.61 and $31.67 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. TruBridge Inc [NASDAQ: TBRG] shares were valued at $29.42 at the most recent close of the market. An investor can expect a potential drop of -59.21% based on the average TBRG price forecast.
Analyzing the TBRG fundamentals
The TruBridge Inc [NASDAQ:TBRG] reported sales of 339.17M for trailing twelve months, representing a surge of 6.45%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -43.34, Equity is -0.13 and Total Capital is 17.29. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.10 points at the first support level, and at 26.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.37, and for the 2nd resistance point, it is at 33.32.
Ratios To Look Out For
It’s worth pointing out that TruBridge Inc [NASDAQ:TBRG]’s Current Ratio is 1.70. In addition, the Quick Ratio stands at 1.69 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 2.60.
Transactions by insiders
Recent insider trading involved L6 Holdings Inc., 10% Owner, that happened on Feb 25 ’25 when 87232.0 shares were purchased. 10% Owner, L6 Holdings Inc. completed a deal on Feb 24 ’25 to buy 30377.0 shares. Meanwhile, 10% Owner Pinetree Capital Ltd. bought 85784.0 shares on Feb 21 ’25.
