Posts for Ticker ‘MDRX’

Top 10 Analyst Upgrades and Downgrades (CME, DRI, ICE, MYGN, NVS, ALXN, MDRX, NNI, NOK)

There were many analyst calls this morning, but the problem is that most were on smaller companies or were by second and third tier boutiques.  These were the top call from Wall Street this Friday morning.

CME Group (CME) Started as Outperform at JMP Securities.
Darden Restaurants (DRI) Started as Buy at Jefferies.
IntercontinentalExchange (ICE) Started as Outperform at JMP.
Myriad Genetics (MYGN) Started as Buy at Soleil.
Novartis (NVS) Raised to Overweight at JPMorgan.
Alexion (ALXN) Started as Sell at Think Equity.
Allscripts (MDRX) Cut to Hold at Auriga.
NelNet (NNI) Cut to Market Perform at KBW.
Nokia (NOK) Cut to Neutral at UBS.

JON C. OGG

JULY 17, 2009

Posted on: July 17, 2009 – 7:14 am in Analyst Calls, , , , , , , , ,

Top Analyst Upgrades (ARLP, MDRX, FDO, GFI, LOW, MSSR, MDR, TASR)

These are the top upgrades and positive calls we have seen from analysts on Wall Street this Friday morning:

  • Alliance Resource (ARLP) Raised to Buy at Citigroup.
  • Allscripts-Misys Healthcare (MDRX) Started as Outperform at Morgan Keegan.
  • Family Dollar (FDO) Raised to Neutral at JPMorgan.
  • Gold Fields (GFI) Raised to Overweight at JPMorgan.
  • Lowe’s (LOW) Raised To Outperform at FBR.
  • McCormick & Schmick’s (MSSR) Raised to Outperform at Oppenheimer.
  • McDermott (MDR) Raised to Buy at Jefferies.
  • TASER (TASR) Raised to Buy at Merriman Curhan Ford.

JON C. OGG

Posted on: March 6, 2009 – 7:39 am in Analyst Calls, , , , , , , ,

Top Pre-Market Anlyst Upgrades & Downgrades (IHG, MRVL, VAL, VSAT, MDRX, AAPL, COF, CHRW, NHY, TSON)

These are some of the top pre-market analyst upgrades and downgrades we have seen on Wall Street early this Tuesday morning:

  • Intercontinental Hotels Group plc (IHG) Raised to Buy at Jefferies.
  • Marvell Tech (MRVL) Raised to Outperform at Barclays.
  • Valspar (VAL) Raised to Neutral from Underweight at JPMorgan.
  • ViaSat (VSAT) Started as Buy at SunTrust Robinson Humphrey.
  • Allscripts-Misys Healthcare (MDRX) Cut to Sell at Deutsche Bank.
  • Apple (AAPL) Cut to Underperform from Outperform at Calyon.
  • Capital One (COF) Cut to Neutral at JPMorgan.
  • CH Robinson Worldwide (CHRW) Cut to Underperform at Wachovia.
  • Norsk Hydro (NHY) Cut to Underweight at JPMorgan.
  • Trans1 (TSON) Cut to Market Performn at Wachovia.

Jon C. Ogg
February 24, 2009

Posted on: February 24, 2009 – 7:23 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (MDRX, AAUK, EBAY, HNZ, SOLR, ITG, NVO, SI, SCR, PCU, STP, VISN)

Burning_money_pic_3These are most of the general analyst calls we have seen with downgrades or negative implications this Wednesday morning in the early pre-market trading hours:

  • Allscripts-Misys (NASDAQ: MDRX) Cut to Neutral at UBS.
  • Anglo American (NASDAQ: AAUK) Cut to Hold at Citigroup.
  • eBay (NASDAQ: EBAY) Started as Sell at Collins Stewart.
  • HJ Heinz (NYSE: HNZ) Cut to Market Perform at Bernstein.
  • GT Solar (NASDAQ: SOLR) Started as Buy at Kaufman Brothers.
  • Investment Tech (NYSE: ITG) Cut to Sell at Goldman Sachs.
  • Novo-Nordisk (NYSE: NVO) Cut to Sell at Citigroup.
  • Siemens (NYSE: SI) Cut to Neutral at Merrill Lynch.
  • Simcere Pharmaceutical Group. (NYSE: SCR) Cut to Neutral at Goldman Sachs.
  • Southern Copper (NYSE: PCU) Cut to Sell at UBS.
  • Suntech Power (NYSE: STP) Cut to Underperform at FBR.
  • VisionChina Media (NASDAQ: VISN) Cut to Perform at Oppenheimer.

There were also many financial downgrades and some downgrades specific to the oil patch this morning as well.  As you can see by the few upgrades noted earlier, the pace of downgrades is still greatly exceeding upgrades.

Jon C. Ogg
January 14, 2009

Posted on: January 14, 2009 – 8:03 am in Analyst Calls, , , , , , , , , , , ,

Top Pre-Market Analyst Upgrades (MDRX, BDX, ED, CRXL, CSX, RTN, SGR, SNN)

Money_stack_picThese are the early bird upgrades and positive analyst calls we have seen from Wall Street this Friday morning:

  • Allscripts-Misys (NASDAQ: MDRX) Raised to Outperform at William Blair.
  • Becton Dickinson (NYSE: BDX) Raised to Overweight at Morgan Stanley.
  • Consolidated Edison (NYSE: ED) Raised to Buy at Citigroup.
  • Crucell (NASDAQ: CRXL) Raised to Buy at RBS.
  • CSX (NYSE: CSX) Raised to Buy at Deutsche Bank.
  • Raytheon (NYSE: RTN) Raised to Buy at Goldman Sachs.
  • Shaw Group (NYSE: SGR) Cut to Hold at Citigroup.
  • Smith & Nephew (NYSE: SNN) Raised to Neutral at JPMorgan.

Jon C. Ogg
January 9, 2009

Posted on: January 9, 2009 – 7:23 am in Analyst Calls, , , , , , , ,

Calgon Carbon Heads Into S&P Small Cap 600 Index (CCC, MDRX)

S&P’s Index Group has announced that  Calgon Carbon Corp. (NYSE: CCC) will replace Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) in the S&P Small Cap 600 after the close of trading on Friday.

Read More »

Posted on: October 6, 2008 – 5:37 pm in Index, Water, ,

Top Pre-Market Analyst Downgrades (ADLR, MDRX, CRDN, CAG, IFF, MFE, TWX, VRTX, VOD, WWWW)

These are some of the top analyst downgrades and negative calls we are seeing this Wednesday morning:

  • Adolor (ADLR) Cut to Neutral at Piper Jaffray.
  • Allscripts (MDRX) Cut to Neutral at Piper Jaffray.
  • Ceradyne (CRDN) Cut to Underperform at Wachovia.
  • ConAgra (CAG) Cut to Neutral at JPMorgan.
  • International Flavors (IFF) Started as Underweight at Lehman.
  • McAfee (MFE) Cut to Underperform at FBR.
  • Time Warner Inc. (TWX) Cut to Market Perform at Bernstein.
  • Vertex (VRTX) Cut to Perform at Oppenheimer.
  • Vodafone plc (VOD) Cut to Neutral at Credit Suisse.
  • Web.com (WWWW) Cut to Market Perform at FBR.

Jon C. Ogg
September 3, 2008

Posted on: September 3, 2008 – 7:06 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AEM, MDRX, BP, CSCO, ENR, GRMN, SHW, STI, TGT, RIG)

These are the early bird analyst calls we are focusing on this Thursday morning at 247WallSt.com:

  • Agnico-Eagle Mines Ltd. (NYSE: AEM) cut to Neutral at UBS.
  • Allscripts (NASDAQ: MDRX) raised to Buy from Neutral at UBS.
  • BP (NYSE: BP) downgraded to Sell from Hold at Citigroup.
  • Cisco Systems (NASDAQ: CSCO) raised to Buy from Hold at Citigroup.
  • Energizer (NYSE: ENR) raised to Buy from Hold at Citigroup.
  • Garmin (NASDAQ: GRMN) raised to Outperform at Baird.
  • Sherwin Williams (NYSE: SHW) raised to Overweight from Neutral at JPMorgan.
  • SunTrust (NYSE: STI) cut to Underperform at Oppenheimer.
  • Target (NYSE: TGT) downgraded to Sell from Hold at Citigroup.
  • Transocean (NYSE: RIG) raised to Buy at Goldman Sachs.

Jon C. Ogg
February 21, 2008

Posted on: February 21, 2008 – 7:01 am in Analyst Calls, , , , , , , , , ,

The 52-Week Low Club (UBS)(BX)(REDE)

UBS Ag (UBS) Swiss bank gets pounded on big write-off. Drops to $33.60 from 52-week high of $66.26.

Blackstone (BX) Today is CEO Steve Schwarzman’s birthday. Happy birthday, Steve. Shares slide to $16.63 from 52-week high of $38.

RedEnvelope (REDE) Quarterly loss takes shares down 50%. Makes new 52-week low of $1.63 compared to period high of $8.49.

Allscripts (MDRX) Bad quarter and downgrades. Falls to $10.76 from 52-week high of $29.31.

Netgear (NTGR) Ugly guidance. Sells off to $21.52 from 52-week high of $41.33.

Nighthawk Radiology (NHWK) Some of company’s top management leave. Sells down to $11.52 from 52-week high of $25.95.

Douglas A. McIntyre

Posted on: February 14, 2008 – 4:00 pm in HI/LOW, , , , , ,

The 52-Week Low Club

Citadel Broadcasting  (CDL) Big charge in last quarter on write-down of radio assets. Down to $2.31 from 52-week high of $11.01.

Metropcs Communications (PCS) Potential merger candidate Leap has bad quarter. Down to $15.83 from 52-week high of $40.87.

Circuit City Stores (CC) Retail sales weak at almost every chain. Falls to $6.59 from 52-week high of $25.76.

Leap Wireless (LEAP) Restatements, bad earnings. Drops to $36.55 from 52-week high of $99.04.

Clearwire (CLWR) WiMax partnership with Sprint (S) tanks. Falls to $13.03 from 52-week high of $35.41.

Allscripts Healthcare (MDRX) Outlook misses forecasts. Drops to $16.26 from 52-week high of $31.38.

Douglas A. McIntyre

Posted on: November 9, 2007 – 4:18 pm in HI/LOW, , , , , ,

Pre-Market Stock News (November 9, 2007)

  • Allscripts (MDRX) traded down 25% after missing earnings estimates and after lower guidance for 2007 and 2008.
  • American Tower (AMT) replacing Alltel (AT) in S&P.
  • ARM Holdings plc (ARMHY) trading down about 4% pre-market.
  • Barclays (BCS) trading down 4% over rumors of credit losses and rumors of excutive departures.
  • Clearwire’s (CLWR) WiMAX offering with Sprint is being called off; shares down 15%.
  • Estee Lauder (EL) named new head from P&G; raised dividend and announced a share buyback.
  • IMAX (IMAX) -$0.19 EPS vs -$0.07 est.
  • JA Solar (JASO) traded up 5% after earnings.
  • Jones Soda (JSDA) traded down 15% after earnings
  • Manitowoc (MTW) being added to S&P.
  • Merck (MRK) settling about 1/3 of outstanding lawsuits on Vioxx for some $4.5 Billion.
  • Mirants (MIR) $1.14 EPS vs $0.84 est.; announced a $1 Billion share buyback.
  • NVIDIA (NVDA) traded up 6% after earnings and guidance, but shares were initially down in after-hours trading.
  • Priceline (PCLN) trading up over 10% after beating earnings.
  • Qualcomm (QCOM) trading down 7% after guidance disappointed.
  • Siemens (SI) announced a multi-billion Euro buyback in shares.
  • Starwood (HOT) raised dividend to rate of $0.90/year and added $1 Billion to share buybacks.
  • Wachovia (WB) taking a $1.1 Billion writedown on CDO’s; stock down 3%.

Jon C. Ogg
November 9, 2007

Posted on: November 9, 2007 – 8:29 am in Pre-Market Activity, , , , , , , , , , , , , , , , , ,

Allscripts… Just When You Thought It Was Safe (MDRX)

Allscripts Healthcare Solutions Inc. (NASDAQ:MDRX) is trading at a new 52-week low after a disaster earnings report this afternoon.  Non-GAAP adjusted earnings for the quarter ended September 30, were $6.7 million, or $0.11 per diluted share, quarterly revenues were $73.4 million, and gross margin percentage was 50.1%.  Unfortunately, First Call had estimates at $0.15 EPS and $77.6 million in revenues.

Allscripts updated 2007 targets of Non-GAAP adjusted earnings per diluted share outlook to a range of $0.48 to $0.49 and revenue to a range of $286 million to $288 million, but First Call had estimates at $0.58 EPS and $298.9 million in revenues.

Its new 2008 targets are for annualized growth in Non-GAAP EPS is expected to be 40% to 45%, which is an interpolated $0.679 to $0.703.  First Call has estimates at $0.79.  Its 2008 forecast for revenue is 20% to 25% growth, which at the mid-points generates a target of $344.4 million to $358.75 million.  Unfortunately First Call has estimates at $375.6 million.

Sometimes being a growth stock in healthcare isn’t quite what investors think.  Shares closed down over 2% today at $23.00, and the 52-week trading range was $22.21 to $31.38.  But shares in after-hours have lost almost 1/4 of their value and trading at a new 52-week low of $17.40.  Ouch.

The company provides clinical software and connectivity/IT solutions for doctors: Software and Related Services, Information Services, and Prepackaged Medications.  It sure sounds like some of the salespeople aren’t hitting their targets.  Or maybe their IT solutions just aren’t up to task.

Why does it feel like the company will need to seek to become part of a larger company to please shareholders after this trainwreck?

Jon C. Ogg
November 8, 2007

Posted on: November 8, 2007 – 4:57 pm in Earnings, Earnings Warning, Healthcare, Software,

Cramer’s Overlooked Medical Billing Solutions IPO (ATHN, MDRX, QSII)

athenahealth (NASDAQ:ATHN) is a Web 2.0 version of medical billing, and it is like Allscripts Healthcare Solutions (NASDAQ:MDRX) and Quality Systems Inc. (NASDAQ:QSII).  He likes that the company has very high loyalty and renewal rates and this is a subscription services and this currently has $2 Billion in physician revenue under management that it gets a cut of.  He thinks it can earn $0.74 next year and even with the premium forward earnings multiples that it is actually cheap on a comparable basis to its growth.

Is this really an overlooked IPO?  No.  It came public at $18.00 and closed at $34.07.  He thinks this could go to $40.00 on its own, but also thinks a larger company could acquire it.  He also believes this will get positive analyst coverage soon.  This one ran so much that you cannot think this was overlooked at all.  This may not be that well known to the public, but traders have been playing this one over the last ten trading sessions since its IPO.  Shares rose 8% to $36.80 in after-hours on Cramer’s feature.

Jon C. Ogg
October 3, 2007

Posted on: October 3, 2007 – 5:31 pm in Cramer, IPOs, Medical, , , , ,

Yesterday’s After-Hours Movers (May 9, 2007)

                                       

Stock Tickers: MDRX, CSCO, CCRT, ERTS, LMIA, PAL, PZZA, FACE, SIRI, SONS, TRLG, DIS

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to$25.25 after eraffirming targets after earnings.  Its shares are stillup 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00after posting a loss in the quarter.  It still sees $4.00 or higher EPSfor 2007, but you have to trust them, and their customers are the"undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after nextquarter guidance is not up to snuff.  The full year for fiscalMarch-2008 looks ahead, but you have to trust they will deliver in thesame two quarters that Halo 3 and Grand Theft Auto releases will becoming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer toutedit as a stealthy way to speculate on a nickel play with 22% of itsrevenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 inafter-hours. Earnings wer elower than last year but guidance had beenbrought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted itin the lightning round as a positive if the governemnt will approve themerger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went upanother 2% in after-hours to $7.95.  Revenues looked a bit light, sothis one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 afterclosing up 3.5% in normal trading.  The company did reiterate 20% salesgrowth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’safter trading up almost 1.4% in regular trading.  Shares were close torecent highs.

Jon C. Ogg
May 9, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in any of the companies he covers.

                               

Posted on: May 9, 2007 – 4:21 am in Pre-Market Activity, , , , , , , , , , , ,

After-Hours Movers & Shakers (May 8, 2007)

Stock Tickers: MDRX, CSCO, CCRT, ERTS, LMIA, PAL, PZZA, FACE, SIRI, SONS, TRLG, DIS

Allscripst Healthcare Solutions (MDRX) is trading down over 6% to $25.25 after eraffirming targets after earnings.  Its shares are still up 70% in 18 months, so reaffirming may not be enough.

Cisco Systems (CSCO) trading down 5.5% to $26.75 after estimates and guidance failed on a "wow-factor" like in prior quarters.

CompuCredit (CCRT) is getting shelled 8% in after-hours to $35.00 after posting a loss in the quarter.  It still sees $4.00 or higher EPS for 2007, but you have to trust them, and their customers are the "undesireables" compared to most financial institutions.

Electronic Arts (ERTS) trading down close to 3% at $51.50 after next quarter guidance is not up to snuff.  The full year for fiscal March-2008 looks ahead, but you have to trust they will deliver in the same two quarters that Halo 3 and Grand Theft Auto releases will be coming.

LMI Aerospace (LMIA) fell 9% on thin volume after posting lower earnings.

North American Palladium (PAL) rose 9% to $11.11 after Cramer touted it as a stealthy way to speculate on a nickel play with 22% of its revenues coming from nickel.

Papa John’s International (PZZA) traded up 2.2% to $32.50 in after-hours. Earnings wer elower than last year but guidance had been brought in enough that they were able to raise their outlook.

Physicians Formula (FACE) fell nearly 10% after beating guidance but guiding lower for the coming quarter.

Sirius Satellite Radio (SIRI) traded up 1.7% after Cramer noted it in the lightning round as a positive if the governemnt will approve the merger.

Sonus Networks (SONS) traded up 5.7% in normal trading and went up another 2% in after-hours to $7.95.  Revenues looked a bit light, so this one is worth a look.

True Religion Apparel (TRLG) traded up almost 4% to $16.27 after closing up 3.5% in normal trading.  The company did reiterate 20% sales growth for 2007 and put EPS at $1.24 to $1.27 for 2007.

Walt Disney (DIS) fell 2% after meeting expectations, but that’s after trading up almost 1.4% in regular trading.  Shares were close to recent highs.

Jon C. Ogg
May 8, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in any of the companies he covers.

Posted on: May 8, 2007 – 6:15 pm in After-Hours Activity, , , , , , , , , , , ,