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 : 9/10

vs
industry
vs
history
Cash to Debt 0.49
ATHN's Cash to Debt is ranked lower than
51% of the 2067 Companies
in the Global Health Information Services industry.

( Industry Median: 4.91 vs. ATHN: 0.49 )
ATHN' s 10-Year Cash to Debt Range
Min: 0.14   Max: No Debt
Current: 0.49

Equity to Asset 0.49
ATHN's Equity to Asset is ranked higher than
57% of the 1993 Companies
in the Global Health Information Services industry.

( Industry Median: 0.60 vs. ATHN: 0.49 )
ATHN' s 10-Year Equity to Asset Range
Min: -1.77   Max: 0.74
Current: 0.49

-1.77
0.74
Interest Coverage 1.50
ATHN's Interest Coverage is ranked lower than
60% of the 1316 Companies
in the Global Health Information Services industry.

( Industry Median: 858.90 vs. ATHN: 1.50 )
ATHN' s 10-Year Interest Coverage Range
Min: 1.22   Max: 9999.99
Current: 1.5

1.22
9999.99
F-Score: 8
Z-Score: 8.07
M-Score: -3.16
WACC vs ROIC
20.08%
0.90%
WACC
ROIC
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 : 8/10

vs
industry
vs
history
Operating margin (%) 0.74
ATHN's Operating margin (%) is ranked higher than
60% of the 2050 Companies
in the Global Health Information Services industry.

( Industry Median: 5.48 vs. ATHN: 0.74 )
ATHN' s 10-Year Operating margin (%) Range
Min: -19.83   Max: 10.1
Current: 0.74

-19.83
10.1
Net-margin (%) 0.18
ATHN's Net-margin (%) is ranked higher than
61% of the 2050 Companies
in the Global Health Information Services industry.

( Industry Median: 3.80 vs. ATHN: 0.18 )
ATHN' s 10-Year Net-margin (%) Range
Min: -79.76   Max: 23.19
Current: 0.18

-79.76
23.19
ROE (%) 0.32
ATHN's ROE (%) is ranked higher than
60% of the 1993 Companies
in the Global Health Information Services industry.

( Industry Median: 7.06 vs. ATHN: 0.32 )
ATHN' s 10-Year ROE (%) Range
Min: -62.29   Max: 35.01
Current: 0.32

-62.29
35.01
ROA (%) 0.15
ATHN's ROA (%) is ranked higher than
61% of the 2075 Companies
in the Global Health Information Services industry.

( Industry Median: 3.76 vs. ATHN: 0.15 )
ATHN' s 10-Year ROA (%) Range
Min: -59.42   Max: 23.13
Current: 0.15

-59.42
23.13
ROC (Joel Greenblatt) (%) 2.30
ATHN's ROC (Joel Greenblatt) (%) is ranked higher than
60% of the 2055 Companies
in the Global Health Information Services industry.

( Industry Median: 29.03 vs. ATHN: 2.30 )
ATHN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -226.59   Max: 67.03
Current: 2.3

-226.59
67.03
Revenue Growth (3Y)(%) 30.70
ATHN's Revenue Growth (3Y)(%) is ranked higher than
96% of the 1614 Companies
in the Global Health Information Services industry.

( Industry Median: 6.10 vs. ATHN: 30.70 )
ATHN' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: 31.9
Current: 30.7

0
31.9
EBITDA Growth (3Y)(%) 19.60
ATHN's EBITDA Growth (3Y)(%) is ranked higher than
85% of the 1326 Companies
in the Global Health Information Services industry.

( Industry Median: 7.70 vs. ATHN: 19.60 )
ATHN' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 114.5
Current: 19.6

0
114.5
EPS Growth (3Y)(%) -42.10
ATHN's EPS Growth (3Y)(%) is ranked higher than
50% of the 1267 Companies
in the Global Health Information Services industry.

( Industry Median: 7.70 vs. ATHN: -42.10 )
ATHN' s 10-Year EPS Growth (3Y)(%) Range
Min: 0   Max: 22.8
Current: -42.1

0
22.8
» ATHN's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2013

ATHN Guru Trades in Q4 2013

Jim Simons 217,700 sh (+1897.61%)
Steven Cohen 209,920 sh (+308.02%)
Frank Sands 3,380,077 sh (-2.66%)
Ruane Cunniff 150,000 sh (-50%)
» More
Q1 2014

ATHN Guru Trades in Q1 2014

George Soros 2,100 sh (New)
Ron Baron 445,064 sh (New)
Frank Sands 4,194,760 sh (+24.1%)
Jim Simons 265,950 sh (+22.16%)
Ruane Cunniff Sold Out
Steven Cohen 140,339 sh (-33.15%)
» More
Q2 2014

ATHN Guru Trades in Q2 2014

Ruane Cunniff 200,000 sh (New)
Frank Sands 4,836,281 sh (+15.29%)
Steven Cohen 6,500 sh (unchged)
George Soros Sold Out
Ron Baron 124,851 sh (-71.95%)
Jim Simons 7,500 sh (-97.18%)
» More
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
» 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%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ron Baron 2014-06-30 Reduce -71.95%0.21%$106.84 - $166.19 $ 142.5810%124851
Frank Sands 2014-06-30 Add 15.29%0.2%$106.84 - $166.19 $ 142.5810%4836281
Ruane Cunniff 2014-06-30 New Buy0.13%$106.84 - $166.19 $ 142.5810%200000
George Soros 2014-06-30 Sold Out $106.84 - $166.19 $ 142.5810%0
Frank Sands 2014-03-31 Add 24.1%0.35%$130 - $204.41 $ 142.58-13%4194760
Ron Baron 2014-03-31 New Buy0.29%$130 - $204.41 $ 142.58-13%445064
Ruane Cunniff 2014-03-31 Sold Out 0.11%$130 - $204.41 $ 142.58-13%0
George Soros 2014-03-31 New Buy$130 - $204.41 $ 142.58-13%2100
Ruane Cunniff 2013-12-31 Reduce -50%0.1%$105.465 - $142.754 $ 142.5811%150000
Andreas Halvorsen 2013-09-30 Sold Out 0.34%$84.53 - $116.27 $ 142.5831%0
Andreas Halvorsen 2013-06-30 Add 106.34%0.18%$82.93 - $96.45 $ 142.5859%713531
Andreas Halvorsen 2013-03-31 New Buy0.2%$73.29 - $97.822 $ 142.5859%345800
Ruane Cunniff 2012-12-31 New Buy0.17%$57.82 - $88.65 $ 142.58101%300000
Ron Baron 2012-12-31 Sold Out 0.08%$57.82 - $88.65 $ 142.58101%0
Ron Baron 2012-09-30 Reduce -65.03%0.12%$79.05 - $96.64 $ 142.5860%135389
Ruane Cunniff 2012-09-30 Sold Out 0.08%$79.05 - $96.64 $ 142.5860%0
Ruane Cunniff 2012-06-30 Reduce -48%0.07%$70.15 - $86.42 $ 142.5890%130000
Ron Baron 2011-12-31 New Buy0.11%$48.02 - $63.35 $ 142.58154%352845
Ruane Cunniff 2011-12-31 New Buy0.11%$48.02 - $63.35 $ 142.58154%250000
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» 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. (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

Ron Baron Comments on Athenahealth Inc
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) Read more...
Baron Funds Comments on Athenahealth
Athenahealth, Inc. (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) Read more...
Weekly Insider Sells Highlight: ATHN, GILD, JPM, WAG
According to GuruFocus Insider Data, the largest insider sells during the past week were: AthenaHealth Inc, Gilead Sciences Inc, JPMorgan Chase & Co, and Walgreen Company. Read more...

Ratios

vs
industry
vs
history
Forward P/E 88.50
ATHN's Forward P/E is ranked higher than
79% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 0.00 vs. ATHN: 88.50 )
N/A
P/B 12.40
ATHN's P/B is ranked higher than
52% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 3.50 vs. ATHN: 12.40 )
ATHN' s 10-Year P/B Range
Min: 5.56   Max: 19.89
Current: 12.4

5.56
19.89
P/S 7.80
ATHN's P/S is ranked higher than
54% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 2.71 vs. ATHN: 7.80 )
ATHN' s 10-Year P/S Range
Min: 2.06   Max: 12.78
Current: 7.8

2.06
12.78
PFCF 233.70
ATHN's PFCF is ranked higher than
71% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 100.95 vs. ATHN: 233.70 )
ATHN' s 10-Year PFCF Range
Min: 45.36   Max: 304.75
Current: 233.7

45.36
304.75
POCF 39.39
ATHN's POCF is ranked higher than
68% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 28.38 vs. ATHN: 39.39 )
ATHN' s 10-Year POCF Range
Min: 22.87   Max: 106.49
Current: 39.39

22.87
106.49
EV-to-EBIT 1064.20
ATHN's EV-to-EBIT is ranked higher than
63% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 36.31 vs. ATHN: 1064.20 )
ATHN' s 10-Year EV-to-EBIT Range
Min: -3133.4   Max: 1455.4
Current: 1064.2

-3133.4
1455.4
Shiller P/E 389.70
ATHN's Shiller P/E is ranked higher than
77% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 0.00 vs. ATHN: 389.70 )
ATHN' s 10-Year Shiller P/E Range
Min: 201.73   Max: 766.08
Current: 389.7

201.73
766.08
Current Ratio 1.17
ATHN's Current Ratio is ranked higher than
51% of the 2032 Companies
in the Global Health Information Services industry.

( Industry Median: 1.90 vs. ATHN: 1.17 )
ATHN' s 10-Year Current Ratio Range
Min: 0.81   Max: 5.23
Current: 1.17

0.81
5.23
Quick Ratio 1.17
ATHN's Quick Ratio is ranked higher than
54% of the 2032 Companies
in the Global Health Information Services industry.

( Industry Median: 1.77 vs. ATHN: 1.17 )
ATHN' s 10-Year Quick Ratio Range
Min: 0.81   Max: 5.23
Current: 1.17

0.81
5.23
Days Sales Outstanding 52.11
ATHN's Days Sales Outstanding is ranked higher than
86% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 81.01 vs. ATHN: 52.11 )
ATHN' s 10-Year Days Sales Outstanding Range
Min: 47.19   Max: 64.52
Current: 52.11

47.19
64.52

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 121.87
ATHN's Price/Tangible Book is ranked higher than
57% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 8.82 vs. ATHN: 121.87 )
ATHN' s 10-Year Price/Tangible Book Range
Min: 7.2   Max: 174.17
Current: 121.87

7.2
174.17
Price/DCF (Projected) 7.42
ATHN's Price/DCF (Projected) is ranked higher than
74% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 8.97 vs. ATHN: 7.42 )
ATHN' s 10-Year Price/DCF (Projected) Range
Min: 5   Max: 8.78
Current: 7.42

5
8.78
Price/Median PS Value 1.10
ATHN's Price/Median PS Value is ranked higher than
72% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 1.20 vs. ATHN: 1.10 )
ATHN' s 10-Year Price/Median PS Value Range
Min: 0.29   Max: 1.39
Current: 1.1

0.29
1.39
Price/Graham Number 150.08
ATHN's Price/Graham Number is ranked higher than
69% of the 2289 Companies
in the Global Health Information Services industry.

( Industry Median: 0.00 vs. ATHN: 150.08 )
ATHN' s 10-Year Price/Graham Number Range
Min: 2.87   Max: 138.62
Current: 150.08

2.87
138.62
Earnings Yield (Greenblatt) 0.10
ATHN's Earnings Yield (Greenblatt) is ranked higher than
59% of the 2051 Companies
in the Global Health Information Services industry.

( Industry Median: 3.70 vs. ATHN: 0.10 )
ATHN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 2.6
Current: 0.1

0.1
2.6
Forward Rate of Return (Yacktman) 23.26
ATHN's Forward Rate of Return (Yacktman) is ranked higher than
87% of the 1055 Companies
in the Global Health Information Services industry.

( Industry Median: 13.27 vs. ATHN: 23.26 )
ATHN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -1.9   Max: 34.3
Current: 23.26

-1.9
34.3

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
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 
Weekly Guru Bargains Highlights: CIG, PWE, VVUS, EBR, ATHN Dec 03 2012 
ATHENAHEALTH, INC. (ATHN) CEO and President Jonathan Bush sells 4,080 Shares Mar 16 2011 

More From Other Websites
athenahealth, Inc. to Present at the 2015 Leerink Global Healthcare Conference Jan 26 2015
athenahealth, Inc. to Present at the 2015 Leerink Global Healthcare Conference Jan 26 2015
Florida Cancer Specialists Selects athenahealth for Integrated, Cloud-Based Revenue Cycle Services Jan 23 2015
Florida Cancer Specialists Selects athenahealth for Integrated, Cloud-Based Revenue Cycle Services Jan 23 2015
athenahealth, Inc. Announces Fourth Quarter and Full Year 2014 Earnings Conference Call Jan 20 2015
athenahealth, Inc. Announces Fourth Quarter and Full Year 2014 Earnings Conference Call Jan 20 2015
athenahealth Announces RazorInsights Buyout, Shares Up - Analyst Blog Jan 19 2015
Seaholm offices downtown near completion for big Athenahealth move Jan 16 2015
UPDATE: Stifel Reiterates On athenahealth Following Acquisition Of RazorInsights Jan 15 2015
Athenahealth Enters Hospital EHR Market With RazorInsights Acquisition Jan 14 2015
athenahealth Announces Acquisition of RazorInsights Jan 14 2015
athenahealth Announces Acquisition of RazorInsights Jan 14 2015
Athenahealth Moves Into Hospital Market With Acquisition Of Atlanta Startup RazorInsights Jan 14 2015
athenahealth's 'More Disruption Please' Accelerator Program Adds Two Portfolio Companies and Expands... Jan 12 2015
athenahealth's 'More Disruption Please' Accelerator Program Adds Two Portfolio Companies and Expands... Jan 12 2015
Metro leaders weigh in on Mercedes move Jan 06 2015
athenahealth, Inc. to Present at the 33rd Annual J.P. Morgan Healthcare Conference Dec 30 2014
athenahealth, Inc. to Present at the 33rd Annual J.P. Morgan Healthcare Conference Dec 30 2014
Is Athenahealth CEO Jonathan Bush in a bubble? Dec 29 2014
ATHENAHEALTH INC Files SEC form 8-K, Entry into a Material Definitive Agreement Dec 24 2014

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)
Free 7-day Trial
FEEDBACK