Quality Systems (QSII) Given Coverage Optimism Score of 0.13

Headlines about Quality Systems (NASDAQ:QSII) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Quality Systems earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5029219385326 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Quality Systems (QSII) opened at $12.81 on Friday. The company has a market capitalization of $806.62, a price-to-earnings ratio of 45.75, a PEG ratio of 2.90 and a beta of 0.73. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.12. Quality Systems has a fifty-two week low of $12.25 and a fifty-two week high of $17.74.

Quality Systems (NASDAQ:QSII) last issued its quarterly earnings results on Thursday, January 25th. The company reported $0.15 EPS for the quarter, meeting analysts’ consensus estimates of $0.15. The company had revenue of $131.70 million for the quarter, compared to analyst estimates of $130.63 million. Quality Systems had a return on equity of 12.08% and a net margin of 3.39%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. sell-side analysts predict that Quality Systems will post 0.56 EPS for the current fiscal year.

Several brokerages have weighed in on QSII. Zacks Investment Research lowered Quality Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, December 26th. BidaskClub lowered Quality Systems from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Citigroup began coverage on Quality Systems in a research report on Thursday, January 4th. They issued a “sell” rating and a $13.00 target price on the stock. Royal Bank of Canada set a $12.00 target price on Quality Systems and gave the stock a “sell” rating in a research report on Friday, October 27th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $17.00 target price on shares of Quality Systems in a research report on Friday, January 26th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $14.44.

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About Quality Systems

Quality Systems, Inc (QSI) primarily, through its NextGen Healthcare subsidiary, provides technology-based solutions and services to the ambulatory care market in the United States. The Company is engaged in developing and marketing software and services that automate certain aspects of practice management (PM) and electronic health records (EHR) for medical and dental practices.

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