Equities research analysts at Lazard Capital started coverage on shares of Quality Systems (NASDAQ: QSII) in a research note issued to investors on Wednesday. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Auriga reiterated an “accumulate” rating on shares of Quality Systems in a research note to investors on Friday, May 18th. Separately, analysts at Jefferies Group (NYSE: JEF) cut their price target on shares of Quality Systems to $28.00 in a research note to investors on Friday, May 18th. They now have a “hold” rating on the stock. Finally, analysts at Leerink Swann downgraded shares of Quality Systems from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, May 18th.
Quality Systems traded down 0.81% on Wednesday, hitting $29.21. Quality Systems has a 1-year low of $28.75 and a 1-year high of $50.70. The company has a market cap of $1.729 billion and a price-to-earnings ratio of 23.01.
Quality Systems last released its earnings data on Thursday, May 17th. The company reported $0.25 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.02. Quality Systems’s revenue was up 12.3% compared to the same quarter last year. Analysts expect that Quality Systems will post $0.38 EPS next quarter.
Quality Systems, Inc. develops and markets healthcare information systems that automate certain aspects of physician, inpatient and dental practices, networks of practices, such as physician hospital organizations (PHOs) and management service organizations (MSOs), ambulatory care centers, community health centers, Federal Qualified Health Centers (FQHC) and medical and dental schools.