Here s Why You Should Retain Allscripts (MDRX) Stock for Now Zacks.com 12/23/2020
Allscripts Healthcare Solution, Inc. MDRX is well poised for growth, backed by lucrative deals, innovation and strong prospects in the Sunrise electronic health record (EHR) suite. However, segmental softness remains a concern.
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Shares of Allscripts have gained 83.9% compared with the industry’s growth of 24.3% in the past three months.
The company, with a market capitalization of $2.20 billion, provides IT solutions and services to healthcare organizations. It anticipates an earnings improvement of 9.1% over the next five years. Moreover, its bottom line beat estimates in each of the trailing four quarters by 4.9%, on average.