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 Video: What is a Stock Split?
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| Quality Systems, primarily through its NextGen Healthcare Information Systems, LLC subsidiary, provides technology-based solutions and services to the ambulatory care market in the U.S. Co. develops and markets software and services that automate certain aspects of practice management and electronic health records for ambulatory care practices. In addition, Co.'s software and services facilitate interoperability. Co.'s software can be licensed and delivered on-premise or in the cloud as software-as-a-service. Co.'s services include maintenance and support, other services, and complementary services such as managed cloud services, revenue cycle management and electronic data interchange. According to our QSII split history records, QSII has had 3 splits. | |
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QSII (QSII) has 3 splits in our QSII split history database. The first split for QSII took place on March 28, 2005. This was a 2 for 1 split, meaning for each share of QSII owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. QSII's second split took place on March 27, 2006. This was a 2 for 1 split, meaning for each share of QSII owned pre-split, the shareholder now owned 2 shares. For example, a 2000 share position pre-split, became a 4000 share position following the split. QSII's third split took place on October 27, 2011. This was a 2 for 1 split, meaning for each share of QSII owned pre-split, the shareholder now owned 2 shares. For example, a 4000 share position pre-split, became a 8000 share position following the split.
When a company such as QSII splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the QSII split history from start to finish, an original position size of 1000 shares would have turned into 8000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into QSII shares, starting with a $10,000 purchase of QSII, presented on a split-history-adjusted basis factoring in the complete QSII split history.
Growth of $10,000.00
With Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
09/07/2018 |
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| Start price/share: |
$16.10 |
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| End price/share: |
$22.35 |
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| Starting shares: |
621.12 |
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| Ending shares: |
650.56 |
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| Dividends reinvested/share: |
$0.70 |
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| Total return: |
45.40% |
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| Average Annual Total Return: |
10.87% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,539.80 |
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| Years: |
3.63 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
01/21/2015 |
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| End date: |
09/07/2018 |
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| Start price/share: |
$16.10 |
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| End price/share: |
$22.35 |
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| Dividends collected/share: |
$0.70 |
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| Total return: |
43.17% |
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| Average Annual Total Return: |
10.40% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,317.46 |
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| Years: |
3.63 |
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| Date |
Ratio |
| 03/28/2005 | 2 for 1 | | 03/27/2006 | 2 for 1 | | 10/27/2011 | 2 for 1 |
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