Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.38
ATHN's Cash to Debt is ranked lower than
86% of the 1757 Companies
in the Global Health Information Services industry.

( Industry Median: 20.60 vs. ATHN: 0.38 )
Ranked among companies with meaningful Cash to Debt only.
ATHN' s 10-Year Cash to Debt Range
Min: 0.14  Med: 8.59 Max: No Debt
Current: 0.38
Equity to Asset 0.46
ATHN's Equity to Asset is ranked lower than
72% of the 1551 Companies
in the Global Health Information Services industry.

( Industry Median: 0.61 vs. ATHN: 0.46 )
Ranked among companies with meaningful Equity to Asset only.
ATHN' s 10-Year Equity to Asset Range
Min: -1.77  Med: 0.62 Max: 0.74
Current: 0.46
-1.77
0.74
Interest Coverage 0.20
ATHN's Interest Coverage is ranked lower than
99% of the 1145 Companies
in the Global Health Information Services industry.

( Industry Median: 10000.00 vs. ATHN: 0.20 )
Ranked among companies with meaningful Interest Coverage only.
ATHN' s 10-Year Interest Coverage Range
Min: 0.2  Med: 24.56 Max: 9999.99
Current: 0.2
0.2
9999.99
F-Score: 7
Z-Score: 6.65
M-Score: -3.05
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) -0.04
ATHN's Operating margin (%) is ranked lower than
67% of the 1723 Companies
in the Global Health Information Services industry.

( Industry Median: 5.03 vs. ATHN: -0.04 )
Ranked among companies with meaningful Operating margin (%) only.
ATHN' s 10-Year Operating margin (%) Range
Min: -19.83  Med: 4.45 Max: 10.1
Current: -0.04
-19.83
10.1
Net-margin (%) 0.91
ATHN's Net-margin (%) is ranked lower than
61% of the 1723 Companies
in the Global Health Information Services industry.

( Industry Median: 3.15 vs. ATHN: 0.91 )
Ranked among companies with meaningful Net-margin (%) only.
ATHN' s 10-Year Net-margin (%) Range
Min: -79.76  Med: -0.41 Max: 23.19
Current: 0.91
-79.76
23.19
ROE (%) 1.66
ATHN's ROE (%) is ranked lower than
61% of the 1680 Companies
in the Global Health Information Services industry.

( Industry Median: 5.91 vs. ATHN: 1.66 )
Ranked among companies with meaningful ROE (%) only.
ATHN' s 10-Year ROE (%) Range
Min: -62.29  Med: 7.41 Max: 35.01
Current: 1.66
-62.29
35.01
ROA (%) 0.81
ATHN's ROA (%) is ranked lower than
60% of the 1765 Companies
in the Global Health Information Services industry.

( Industry Median: 3.05 vs. ATHN: 0.81 )
Ranked among companies with meaningful ROA (%) only.
ATHN' s 10-Year ROA (%) Range
Min: -59.42  Med: 0.03 Max: 23.13
Current: 0.81
-59.42
23.13
ROC (Joel Greenblatt) (%) 7.57
ATHN's ROC (Joel Greenblatt) (%) is ranked lower than
62% of the 1740 Companies
in the Global Health Information Services industry.

( Industry Median: 23.13 vs. ATHN: 7.57 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
ATHN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -223.58  Med: 4.16 Max: 67.03
Current: 7.57
-223.58
67.03
Revenue Growth (3Y)(%) 30.30
ATHN's Revenue Growth (3Y)(%) is ranked higher than
93% of the 1300 Companies
in the Global Health Information Services industry.

( Industry Median: 5.20 vs. ATHN: 30.30 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
ATHN' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0  Med: 11.80 Max: 31.9
Current: 30.3
0
31.9
EBITDA Growth (3Y)(%) 20.20
ATHN's EBITDA Growth (3Y)(%) is ranked higher than
74% of the 1046 Companies
in the Global Health Information Services industry.

( Industry Median: 6.90 vs. ATHN: 20.20 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
ATHN' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0  Med: 25.15 Max: 114.5
Current: 20.2
0
114.5
» ATHN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

ATHN Guru Trades in Q3 2014

Louis Moore Bacon 15,000 sh (New)
Frank Sands 4,850,197 sh (+0.29%)
Ruane Cunniff 200,000 sh (unchged)
Steven Cohen Sold Out
Jim Simons Sold Out
Ron Baron 116,345 sh (-6.81%)
» More
Q4 2014

ATHN Guru Trades in Q4 2014

Vanguard Health Care Fund 715,400 sh (New)
Frank Sands 4,810,009 sh (unchged)
Ruane Cunniff 200,000 sh (unchged)
Louis Moore Bacon Sold Out
Frank Sands 4,810,009 sh (-0.83%)
Frank Sands 4,810,009 sh (-0.83%)
Ron Baron 93,730 sh (-19.44%)
» More
Q1 2015

ATHN Guru Trades in Q1 2015

Jim Simons 88,100 sh (New)
Vanguard Health Care Fund 999,516 sh (+39.71%)
Ruane Cunniff 200,000 sh (unchged)
Frank Sands 4,786,729 sh (-0.48%)
Ron Baron 75,403 sh (-19.55%)
» More
Q2 2015

ATHN Guru Trades in Q2 2015

Vanguard Health Care Fund 1,972,880 sh (+97.38%)
» More
» Details

Insider Trades

Latest Guru Trades with ATHN

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on AthenaHealth Inc

Ron Baron Comments on Athenahealth Inc - Jul 28, 2014

Shares of Athenahealth, Inc. (ATHN), a provider of cloud-based software-enabled business services for physicians and other healthcare providers, fell after reports of lower than expected first quarter revenues and earnings. A hedge fund manager also published a short thesis that the company’s long-term margin potential is structurally lower than what many investors believe. We exited the position during the quarter. (Neal Kaufman)

From Ron Baron (Trades, Portfolio)’s Baron Funds Second Quarter 2014 Report.

Check out Ron Baron latest stock trades

Baron Funds Comments on Athenahealth - May 21, 2014

Athenahealth, Inc. (NASDAQ:ATHN) provides cloud-based business services for health care providers. The company's flagship offering, athenaCollector, automates and manages billing-related functions for medical practices. We believe athena's offering is unique. All clients operate on a single web-based version of athena's software, which allows each client to benefit immediately from regular updates and the collective experience of other clients. This, in turn, helps improve collections and reduce collection cycles. The company's core addressable market is roughly $36 billion, which represents its potential billings as a percentage of U.S. health care expenditures on physician and clinical services. Management announced plans to enter the hospital market with a new service offering that helps manage transitions of care throughout a health care system. We believe this new offering will expand the size of the company's addressable market and enable it to realize management's vision of becoming the nation's health care information backbone. (Neal Kaufman)





From Baron Funds' first quarter 2014 letter to shareholders.



Check out Ron Baron latest stock trades

Top Ranked Articles about AthenaHealth Inc

Vanguard Health Care Fund Adds 4 Positions to Portfolio
The Vanguard Health Care Fund (Trades, Portfolio) invests in domestic and foreign companies in various aspects of the healthcare industry, such as pharmaceuticals, medical supply, and research companies. Compared to other health care funds, Vanguard tends to be more conservatively positioned and more geographically diverse. Read more...

Ratios

vs
industry
vs
history
Forward P/E 94.34
ATHN's Forward P/E is ranked lower than
89% of the 527 Companies
in the Global Health Information Services industry.

( Industry Median: 20.04 vs. ATHN: 94.34 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 10.85
ATHN's P/B is ranked lower than
89% of the 1607 Companies
in the Global Health Information Services industry.

( Industry Median: 2.69 vs. ATHN: 10.85 )
Ranked among companies with meaningful P/B only.
ATHN' s 10-Year P/B Range
Min: 5.56  Med: 10.23 Max: 19.89
Current: 10.85
5.56
19.89
P/S 6.25
ATHN's P/S is ranked lower than
78% of the 1706 Companies
in the Global Health Information Services industry.

( Industry Median: 2.17 vs. ATHN: 6.25 )
Ranked among companies with meaningful P/S only.
ATHN' s 10-Year P/S Range
Min: 2.06  Med: 6.88 Max: 12.78
Current: 6.25
2.06
12.78
POCF 32.28
ATHN's POCF is ranked lower than
74% of the 1017 Companies
in the Global Health Information Services industry.

( Industry Median: 18.42 vs. ATHN: 32.28 )
Ranked among companies with meaningful POCF only.
ATHN' s 10-Year POCF Range
Min: 22.87  Med: 42.33 Max: 155
Current: 32.28
22.87
155
EV-to-EBIT 258.83
ATHN's EV-to-EBIT is ranked lower than
96% of the 1145 Companies
in the Global Health Information Services industry.

( Industry Median: 17.57 vs. ATHN: 258.83 )
Ranked among companies with meaningful EV-to-EBIT only.
ATHN' s 10-Year EV-to-EBIT Range
Min: -17803.9  Med: 104.50 Max: 18382
Current: 258.83
-17803.9
18382
Shiller P/E 566.49
ATHN's Shiller P/E is ranked lower than
99% of the 685 Companies
in the Global Health Information Services industry.

( Industry Median: 31.09 vs. ATHN: 566.49 )
Ranked among companies with meaningful Shiller P/E only.
ATHN' s 10-Year Shiller P/E Range
Min: 201.73  Med: 326.88 Max: 766.08
Current: 566.49
201.73
766.08
Current Ratio 1.67
ATHN's Current Ratio is ranked lower than
62% of the 1595 Companies
in the Global Health Information Services industry.

( Industry Median: 2.05 vs. ATHN: 1.67 )
Ranked among companies with meaningful Current Ratio only.
ATHN' s 10-Year Current Ratio Range
Min: 0.81  Med: 3.66 Max: 5.23
Current: 1.67
0.81
5.23
Quick Ratio 1.67
ATHN's Quick Ratio is ranked lower than
58% of the 1595 Companies
in the Global Health Information Services industry.

( Industry Median: 1.93 vs. ATHN: 1.67 )
Ranked among companies with meaningful Quick Ratio only.
ATHN' s 10-Year Quick Ratio Range
Min: 0.81  Med: 3.66 Max: 5.23
Current: 1.67
0.81
5.23
Days Sales Outstanding 55.65
ATHN's Days Sales Outstanding is ranked higher than
65% of the 1486 Companies
in the Global Health Information Services industry.

( Industry Median: 68.91 vs. ATHN: 55.65 )
Ranked among companies with meaningful Days Sales Outstanding only.
ATHN' s 10-Year Days Sales Outstanding Range
Min: 47.19  Med: 54.20 Max: 64.52
Current: 55.65
47.19
64.52

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 306.36
ATHN's Price/Tangible Book is ranked lower than
100% of the 1370 Companies
in the Global Health Information Services industry.

( Industry Median: 4.04 vs. ATHN: 306.36 )
Ranked among companies with meaningful Price/Tangible Book only.
ATHN' s 10-Year Price/Tangible Book Range
Min: 7.2  Med: 13.04 Max: 1085.36
Current: 306.36
7.2
1085.36
Price/Projected FCF 7.51
ATHN's Price/Projected FCF is ranked lower than
314% of the 722 Companies
in the Global Health Information Services industry.

( Industry Median: 1.78 vs. ATHN: 7.51 )
Ranked among companies with meaningful Price/Projected FCF only.
ATHN' s 10-Year Price/Projected FCF Range
Min: 5  Med: 6.94 Max: 8.62
Current: 7.51
5
8.62
Price/Median PS Value 0.90
ATHN's Price/Median PS Value is ranked lower than
160% of the 1415 Companies
in the Global Health Information Services industry.

( Industry Median: 1.20 vs. ATHN: 0.90 )
Ranked among companies with meaningful Price/Median PS Value only.
ATHN' s 10-Year Price/Median PS Value Range
Min: 0.3  Med: 0.99 Max: 1.43
Current: 0.9
0.3
1.43
Price/Graham Number 96.29
ATHN's Price/Graham Number is ranked lower than
293% of the 774 Companies
in the Global Health Information Services industry.

( Industry Median: 2.16 vs. ATHN: 96.29 )
Ranked among companies with meaningful Price/Graham Number only.
ATHN' s 10-Year Price/Graham Number Range
Min: 2.87  Med: 8.00 Max: 138.62
Current: 96.29
2.87
138.62
Earnings Yield (Greenblatt) (%) 0.40
ATHN's Earnings Yield (Greenblatt) (%) is ranked lower than
64% of the 1696 Companies
in the Global Health Information Services industry.

( Industry Median: 2.80 vs. ATHN: 0.40 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
ATHN' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 0.1  Med: 1.00 Max: 2.6
Current: 0.4
0.1
2.6
Forward Rate of Return (Yacktman) (%) 22.36
ATHN's Forward Rate of Return (Yacktman) (%) is ranked higher than
80% of the 667 Companies
in the Global Health Information Services industry.

( Industry Median: 10.78 vs. ATHN: 22.36 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
ATHN' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -1.9  Med: 23.60 Max: 34.3
Current: 22.36
-1.9
34.3

Analyst Estimate

Dec15 Dec16 Dec17
Revenue(Mil) 919 1,115 1,326
EPS($) 0.79 1.48 1.78
EPS without NRI($) 0.79 1.48 1.78

Business Description

Industry: Application Software » Health Information Services
Compare:CERN, CTRX, MDRX, AH, QSII » details
Traded in other countries:36A.Germany,
AthenaHealth Inc was incorporated in Delaware on August 21, 1997, as Athena Healthcare Incorporated. The Company changed its name to athenahealth, Inc. on November 17, 2000. The Company provides cloud-based business services that help medical caregivers collect more revenue and greatly reduce their administrative work burden. It offers a suite of four, seamlessly integrated services: athenaCollector for revenue cycle and practice management; athenaClinicals for electronic health records ("EHR"); athenaCommunicator for automated, live, and online patient communications; and athenaCoordinator for care coordination. The Company also offers subscription-based and sponsored clinical information and decision support services under the Epocrates brand. Via the athenaNet platform, it provides a single instance of cloud-based software to clients; every health care provider across the network always accesses the same continuously updated services. The software is the primary conduit through which the Company shares information among clients, insurance payers, and staff of experts. The Company's customers consist of medical group practices ranging in size throughout the United States of America. The competitors of the Company includes Allscripts-Misys Healthcare Solutions, Inc.; CareCloud Corporation; Cerner Corporation; eClinicalWorks, LLC; Epic Systems Corporation; Greenway Medical Technologies, Inc.; McKesson Corp.; NextGen Healthcare Information Systems, LLC; OptumInsight, Inc.; Practice Fusion, Inc.; SCI Solutions, Inc.; and Vitera Healthcare Solutions, LLC, which operates under the Greenway brand.
» More Articles for ATHN

Headlines

Articles On GuruFocus.com
Vanguard Health Care Fund Adds 4 Positions to Portfolio Feb 05 2015 
Vanguard Health Care Fund New Buys on 2014 Q4 Feb 02 2015 
Growth Opportunities in Software - Baron Funds Newsletter Nov 21 2014 
Ron Baron Comments on Athenahealth Inc Jul 28 2014 
David Einhorn’s Top Stock Picks Show Large Gains Jun 23 2014 
Baron Funds Comments on Athenahealth May 21 2014 
David Einhorn AthenaHealth Short Thesis Presentation May 13 2014 
'Happy' Athena CEO: I messed up when I promised net income growth May 08 2014 
Einhorn: Bernanke Answers 'Frightening' During Dinner Chat May 06 2014 
Weekly Insider Sells Highlight: ATHN, GILD, JPM, WAG Apr 20 2014 

More From Other Websites
Athenahealth, Inc. Earnings Analysis: By the Numbers Q2*, 2015 Aug 04 2015
ATHENAHEALTH INC Financials Jul 29 2015
athenahealth, Inc. to Present at Two Upcoming Investor Conferences Jul 27 2015
athenahealth, Inc. to Present at Two Upcoming Investor Conferences Jul 27 2015
Regulating Genomic Research: Top-Down Or Bottom-Up? Jul 27 2015
athenahealth, Inc. to Present at Two Upcoming Investor Conferences Jul 27 2015
10-Q for athenahealth, Inc. Jul 25 2015
Connect the docs with technology: Athenahealth CEO Jul 25 2015
In 2016, athenahealth eyeing broader hospital market Jul 24 2015
Edited Transcript of ATHN earnings conference call or presentation 24-Jul-15 12:00pm GMT Jul 24 2015
Athenahealth sees 21% revenue gains, adds NY Presbyterian as client Jul 24 2015
athenahealth Inc Earnings Call scheduled for 8:00 am ET today Jul 24 2015
Athenahealth beats 2Q profit forecasts Jul 23 2015
Athenahealth beats 2Q profit forecasts Jul 23 2015
athenahealth, Inc. Reports Second Quarter Fiscal Year 2015 Results Jul 23 2015
ATHENAHEALTH INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jul 23 2015
Athenahealth Shares Soar on NewYork-Presbyterian Hospital Deal Jul 23 2015
NewYork-Presbyterian Selects athenahealth as the Technology Platform for Its Physician Services... Jul 23 2015
NewYork-Presbyterian Selects athenahealth as the Technology Platform for Its Physician Services... Jul 23 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK