Here are eight notes on the decrease:
1. Topeka Capital Markets lowered Quality Systems’ price from $21.00 to $20.00.
2. Credit Suisse analysts also lowered the stock price to a price of $18.00 in a research note on Friday, May 29.
3. Jefferies Group reiterated a hold rating and thus set a $17.00 price target on Quality Systems’ shares.
4. Quality Systems’ stock has an average rating of Hold and a consensus price target of $16.86.
5. Shares of Quality Systems plummeted to $15.9499, decreasing by 0.0006 percent Tuesday.
6. Quality Systems has a market cap of $961.83 million and a P/E ratio of 35.4442.
7. The company’s average revenue reached $128.40 million for the quarter, slightly higher than the consensus estimate of $126.23 million.
8. On July 6, Quality Systems will pay a quarterly dividend with investor of record paying a dividend of $0.175 per share on Friday, June 12.
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