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WebMD Health Corp. (WBMD) provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its public and private online portals, mobile platforms, and health-focused publications in the United States.
Its primary public portal is WebMD.com, which enables consumers to obtain information on health and wellness topics or on a particular disease or condition; assess personal health status; use online trackers, tools, and quizzes; locate physicians; receive periodic e-mailed newsletters and alerts on topics of individual interest; and participate in online communities with peers and experts.
The companys public portal, Medscape.com also enables physicians and healthcare professionals to access clinical reference sources; stay abreast of the latest clinical information; learn about new treatment options; earn continuing medical education credit; and communicate with peers. It also offers private portals and related services under the WebMD Health Services brand.
The company hosts its WebMD Health Services platform for private and public sector employers, and health plans and its cloud-based online services accessed by its employees and plan participants using a computer, a tablet, or a smartphone. In addition, it sells information products and services on a stand-alone basis.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock. The firm reported earnings on May 4th. The firm reported EPS of 36 cents, above the 33 cents expected. Revenue came in at $158.6 million, above the expected $156.6million.
52-Weeks Trading Range: $37.57 - $64.64
Entry Point: $63.65
Stop Loss: $60.45
Target Place: $70.02
WBMD closed at $57.71
