Headlines about Computer Programs & Systems (NASDAQ:CPSI) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Computer Programs & Systems earned a news impact score of 0.24 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.3614269228622 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern’s analysis:
- Computer Programs & Systems, Inc. (CPSI) Shares Sold by Quantum Capital Management LLC NJ (americanbankingnews.com)
- Pinebridge Investments L.P. Increases Position in Computer Programs & Systems, Inc. (CPSI) (americanbankingnews.com)
- $67.72 Million in Sales Expected for Computer Programs & Systems, Inc. (CPSI) This Quarter (americanbankingnews.com)
- Zacks: Analysts Expect Computer Programs & Systems, Inc. (CPSI) Will Announce Earnings of $0.37 Per Share (americanbankingnews.com)
- Computer Programs & Systems, Inc. (CPSI) Forecasted to Earn Q2 2018 Earnings of $0.58 Per Share (americanbankingnews.com)
Several brokerages recently commented on CPSI. Dougherty & Co reiterated a “buy” rating on shares of Computer Programs & Systems in a report on Monday, February 12th. BidaskClub upgraded Computer Programs & Systems from a “strong sell” rating to a “sell” rating in a report on Saturday, February 10th. Cantor Fitzgerald restated a “hold” rating and set a $32.00 price objective on shares of Computer Programs & Systems in a report on Thursday, February 8th. Zacks Investment Research upgraded Computer Programs & Systems from a “sell” rating to a “hold” rating in a report on Tuesday, February 6th. Finally, KeyCorp restated a “sell” rating and set a $23.00 price objective on shares of Computer Programs & Systems in a report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. Computer Programs & Systems has a consensus rating of “Hold” and an average price target of $31.33.
Computer Programs & Systems (NASDAQ:CPSI) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.17. Computer Programs & Systems had a positive return on equity of 12.06% and a negative net margin of 6.29%. The company had revenue of $78.10 million for the quarter, compared to the consensus estimate of $69.24 million. During the same period in the previous year, the business earned $0.35 EPS. Computer Programs & Systems’s revenue for the quarter was up 21.0% compared to the same quarter last year. equities analysts anticipate that Computer Programs & Systems will post 1.67 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Thursday, February 22nd will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, February 21st. This represents a $0.40 annualized dividend and a yield of 1.33%. Computer Programs & Systems’s dividend payout ratio is presently -31.50%.
In other news, COO Christopher L. Fowler sold 4,000 shares of Computer Programs & Systems stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $30.25, for a total value of $121,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Victor S. Schneider sold 1,695 shares of Computer Programs & Systems stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $29.45, for a total value of $49,917.75. Following the completion of the transaction, the executive vice president now owns 41,657 shares of the company’s stock, valued at approximately $1,226,798.65. The disclosure for this sale can be found here. Insiders have sold a total of 7,868 shares of company stock worth $236,043 over the last 90 days. 3.70% of the stock is owned by company insiders.
Computer Programs & Systems Company Profile
Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Company’s segments include acute care EHR, post-acute care EHR, and TruBridge, Rycan, and other outsourcing. Its Acute Care EHR segment consists of acute care software solutions and supports sales generated by its subsidiaries, Evident, LLC (Evident) and Healthland Inc (Healthland).
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