Bear Of The Day: Quality Systems, Inc. (QSII)
We downgrade our rating on Quality Systems, Inc. (NASDAQ:QSII) to Underperform with a target price of $27. The company reported earnings per share of $0.26 in fourth-quarter fiscal 2012, just missing the Zacks Consensus Estimate. Quality Systems offers an electronic health record (EHR) product and is benefiting from the migration of ambulatory and inpatient practices [...]
We downgrade our rating on Quality Systems, Inc. (NASDAQ:QSII) to Underperform with a target price of $27. The company reported earnings per share of $0.26 in fourth-quarter fiscal 2012, just missing the Zacks Consensus Estimate.
Quality Systems offers an electronic health record (EHR) product and is benefiting from the migration of ambulatory and inpatient practices to EHR under the federal stimulus. Of late, however, growth of its pipeline metric has been on a falling trend along with … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards