Computer Programs & Systems (CPSI) to Release Quarterly Earnings on Friday
Computer Programs & Systems (NASDAQ:CPSI) will be issuing its Q413 quarterly earnings data on Friday, January 31st. Analysts expect the company to announce earnings of $0.84 per share and revenue of $52.75 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Computer Programs & Systems (NASDAQ:CPSI) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.01. The company had revenue of $46.80 million for the quarter, compared to the consensus estimate of $48.08 million. During the same quarter last year, the company posted $0.63 earnings per share. Computer Programs & Systems’s revenue was up 3.5% compared to the same quarter last year. On average, analysts expect Computer Programs & Systems to post $2.89 EPS for the current fiscal year and $2.98 EPS for the next fiscal year.
Computer Programs & Systems (NASDAQ:CPSI) opened at 57.08 on Thursday. Computer Programs & Systems has a one year low of $46.08 and a one year high of $63.53. The stock’s 50-day moving average is $61.15 and its 200-day moving average is $58.69. The company has a market cap of $637.0 million and a P/E ratio of 20.42.
CPSI has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Computer Programs & Systems from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, November 21st. They now have a $59.80 price target on the stock. On a related note, analysts at Deutsche Bank initiated coverage on shares of Computer Programs & Systems in a research note to investors on Wednesday, November 20th. They set a “hold” rating and a $66.00 price target on the stock. Finally, analysts at KeyCorp initiated coverage on shares of Computer Programs & Systems in a research note to investors on Tuesday, November 19th. They set a “hold” rating on the stock. Eleven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $60.80.
Computer Programs and Systems, Inc (NASDAQ:CPSI) is a healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems.
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