Media stories about Computer Programs and Systems (NASDAQ:CPSI) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Computer Programs and Systems earned a news impact score of 0.21 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.51715096204 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of NASDAQ CPSI traded up $0.65 during trading on Thursday, reaching $29.80. The company had a trading volume of 158,207 shares, compared to its average volume of 82,650. Computer Programs and Systems has a 52 week low of $26.05 and a 52 week high of $36.15. The company has a market cap of $409.90, a PE ratio of 22.41, a P/E/G ratio of 1.63 and a beta of 0.07. The company has a current ratio of 1.42, a quick ratio of 1.38 and a debt-to-equity ratio of 1.00.
Computer Programs and Systems (NASDAQ:CPSI) last posted its quarterly earnings results on Thursday, February 8th. The company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.17. The business had revenue of $78.10 million during the quarter, compared to the consensus estimate of $69.24 million. Computer Programs and Systems had a negative net margin of 6.29% and a positive return on equity of 12.06%. Computer Programs and Systems’s revenue for the quarter was up 21.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.35 earnings per share. equities research analysts forecast that Computer Programs and Systems will post 1.68 earnings per share for the current year.
Several equities analysts recently issued reports on the stock. BidaskClub raised shares of Computer Programs and Systems from a “strong sell” rating to a “sell” rating in a report on Saturday, March 24th. Zacks Investment Research raised shares of Computer Programs and Systems from a “hold” rating to a “strong-buy” rating and set a $35.00 price target for the company in a report on Tuesday, February 13th. Dougherty & Co reissued a “buy” rating on shares of Computer Programs and Systems in a report on Monday, February 12th. Cantor Fitzgerald reissued a “hold” rating and set a $32.00 price target on shares of Computer Programs and Systems in a report on Thursday, February 8th. Finally, KeyCorp reaffirmed a “sell” rating and issued a $23.00 target price on shares of Computer Programs and Systems in a research note on Wednesday, January 31st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $31.33.
In related news, insider Troy D. Rosser sold 9,497 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $30.27, for a total transaction of $287,474.19. Following the completion of the sale, the insider now directly owns 35,421 shares of the company’s stock, valued at $1,072,193.67. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Victor S. Schneider sold 4,124 shares of the business’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $29.59, for a total transaction of $122,029.16. Following the transaction, the executive vice president now owns 53,323 shares of the company’s stock, valued at approximately $1,577,827.57. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,636 shares of company stock valued at $800,858. 4.80% of the stock is currently owned by insiders.
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Computer Programs and Systems Company Profile
Computer Programs and Systems, Inc provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as helps to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making.
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