Share on StockTwits

Computer Programs & Systems (NASDAQ:CPSI) has been given an average rating of “Hold” by the sixteen brokerages that are covering the stock, American Banking and Market News reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $65.98.

A number of research firms have recently commented on CPSI. Analysts at Topeka Capital Markets initiated coverage on shares of Computer Programs & Systems in a research note on Friday, June 27th. They set a “buy” rating and a $72.00 price target on the stock. Separately, analysts at KeyCorp downgraded shares of Computer Programs & Systems from a “hold” rating to an “underweight” rating in a research note on Thursday, June 12th. They now have a $55.00 price target on the stock, down previously from $65.70. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Computer Programs & Systems in a research note on Monday, May 5th. They now have a $68.00 price target on the stock.

Shares of Computer Programs & Systems (NASDAQ:CPSI) opened at 64.51 on Tuesday. Computer Programs & Systems has a one year low of $50.98 and a one year high of $71.89. The stock’s 50-day moving average is $64.02 and its 200-day moving average is $63.93. The company has a market cap of $720.1 million and a price-to-earnings ratio of 21.18.

Computer Programs & Systems (NASDAQ:CPSI) last released its earnings data on Thursday, May 1st. The company reported $0.69 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.80 by $0.11. The company had revenue of $52.09 million for the quarter, compared to the consensus estimate of $53.03 million. During the same quarter last year, the company posted $0.63 earnings per share. Computer Programs & Systems’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that Computer Programs & Systems will post $3.24 EPS for the current fiscal year.

Computer Programs and Systems, Inc (NASDAQ:CPSI) is a healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.