Profile
Sector:
HealthcareIndustry:
Health Information ServicesCountry:
United StatesIPO:
25 July 2019Website:
http://www.healthcatalyst.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:49:44 GMTDividend
Analysts recommendations
Institutional Ownership
HCAT Latest News
SALT LAKE CITY , June 6, 2024 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has successfully completed its acquisition of Carevive Systems ("Carevive"), a leading oncology-focused health technology company centered on understanding and improving the experience of patients with cancer. Oncology providers and life science researchers use Carevive's flagship platform and/or Carevive data in routine clinical practice for treatment care planning, clinical trial screening, care coordination, remote patient monitoring, and/or post-treatment care.
SALT LAKE CITY, May 30, 2024 (GLOBE NEWSWIRE) -- Health Catalyst, Inc. ("Health Catalyst", Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that Jason Alger, Chief Financial Officer, and Jack Knight, Vice President of Investor Relations, will participate in the following upcoming investor conferences:
Health Catalyst (HCAT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 75.2% in Health Catalyst (HCAT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
The mean of analysts' price targets for Health Catalyst (HCAT) points to a 53.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
A few Zacks Medical Info Systems industry stocks like Inspire Medical Systems (INSP), Talkspace (TALK) and Health Catalyst (HCAT) are expected to gain from the new normal trends.
Health Catalyst reported strong Q4 results, meeting guidance and showing growth in technology and professional services revenue. The drop in HCAT's share price presents a buying opportunity, as the company's growth initiatives, such as its TEMS offering and next-gen data platform, are expected to drive growth and margin expansion. HCAT's long-term guidance of exceeding $100 million in EBITDA by FY28 is achievable, and its valuation should improve as it demonstrates execution and margin expansion.
The heavy selling pressure might have exhausted for Health Catalyst (HCAT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Health Catalyst, Inc. (HCAT) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for Health Catalyst (HCAT) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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What type of business is Health Catalyst?
Health Catalyst develops software for healthcare facilities so they can effectively store and manage operational, financial, clinical, and research data. The company was founded in 2008, with its headquarters located in Salt Lake City, Utah.
What sector is Health Catalyst in?
Health Catalyst is in the Healthcare sector
What industry is Health Catalyst in?
Health Catalyst is in the Health Information Services industry
What country is Health Catalyst from?
Health Catalyst is headquartered in United States
When did Health Catalyst go public?
Health Catalyst initial public offering (IPO) was on 25 July 2019
What is Health Catalyst website?
https://www.healthcatalyst.com
Is Health Catalyst in the S&P 500?
No, Health Catalyst is not included in the S&P 500 index
Is Health Catalyst in the NASDAQ 100?
No, Health Catalyst is not included in the NASDAQ 100 index
Is Health Catalyst in the Dow Jones?
No, Health Catalyst is not included in the Dow Jones index
When does Health Catalyst report earnings?
The next expected earnings date for Health Catalyst is 08 August 2024