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TruBridge (TBRG) Soars 6.4%: Is Further Upside Left in the Stock?
TBRGTruBridge(TBRG) ZACKS·2025-02-12 12:31

Company Overview - TruBridge (TBRG) shares increased by 6.4% to 27.16inthelasttradingsession,withanotabletradingvolume,andhavegained21.127.16 in the last trading session, with a notable trading volume, and have gained 21.1% over the past four weeks [1][2] - The company is a healthcare information technology firm that is expected to report quarterly earnings of 0.58 per share, reflecting a year-over-year increase of 61.1%, while revenues are projected to be $84.53 million, a decrease of 1.6% from the previous year [3] Recent Developments - TruBridge has entered into cooperation agreements with Pinetree Capital Ltd., L6 Holdings Inc., and Ocho Investments LLC, leading to the appointment of Jerry Canada and Dris Upitis to its Board of Directors effective February 11, 2025 [2] - The company has announced several initiatives aimed at enhancing corporate governance and creating stockholder value [2] Earnings Estimates and Market Position - The consensus EPS estimate for TruBridge has remained unchanged over the last 30 days, indicating stability in earnings expectations [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook in the market [4] - TruBridge operates within the Zacks Medical Info Systems industry, which includes other companies like Fulgent Genetics, Inc. (FLGT), that has seen a decline of 9.9% in the past month [4]