TruBridge (NASDAQ:TBRG) Issues Quarterly Earnings Results

TruBridge (NASDAQ:TBRG) issued its quarterly earnings data on Thursday. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.48, FiscalAI reports. The business had revenue of $86.11 million for the quarter, compared to the consensus estimate of $85.56 million. TruBridge had a positive return on equity of 3.30% and a negative net margin of 3.63%. TruBridge updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

TruBridge Trading Up 0.9%

NASDAQ TBRG traded up $0.18 during trading on Friday, hitting $19.42. The stock had a trading volume of 136,077 shares, compared to its average volume of 148,536. TruBridge has a one year low of $13.18 and a one year high of $32.00. The stock has a 50 day simple moving average of $20.11 and a 200 day simple moving average of $21.92. The stock has a market capitalization of $291.53 million, a price-to-earnings ratio of -23.12 and a beta of 0.57. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.79 and a current ratio of 1.80.

Institutional Investors Weigh In On TruBridge

A number of institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. increased its stake in TruBridge by 13.7% in the second quarter. Raymond James Financial Inc. now owns 29,593 shares of the company’s stock worth $693,000 after purchasing an additional 3,564 shares during the period. American Century Companies Inc. purchased a new stake in shares of TruBridge during the second quarter valued at $506,000. Rhumbline Advisers grew its holdings in shares of TruBridge by 3,607.4% in the second quarter. Rhumbline Advisers now owns 14,607 shares of the company’s stock worth $342,000 after purchasing an additional 14,213 shares during the last quarter. JPMorgan Chase & Co. increased its stake in TruBridge by 128.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 101,107 shares of the company’s stock worth $2,368,000 after buying an additional 56,805 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in TruBridge by 77.6% during the 2nd quarter. Geode Capital Management LLC now owns 268,548 shares of the company’s stock valued at $6,291,000 after buying an additional 117,298 shares in the last quarter. 88.64% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of TruBridge in a research report on Friday, October 31st. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $23.67.

About TruBridge

TruBridge, Inc provides healthcare solutions and services for community hospitals, clinics, and other healthcare systems in the United States and internationally. The company operates in three segments: Revenue Cycle Management (RCM), Electronic Health Record (HER), and Patient Engagement. It focuses on providing RCM solutions for care settings, regardless of primary healthcare information solutions provider along with business management, consulting, managed IT services, and analytics and business intelligence.