Computer Programs and Systems, Inc. (NASDAQ:CPSI) will issue its quarterly earnings data after the market closes on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.47 per share for the quarter.

Computer Programs and Systems (NASDAQ:CPSI) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.35 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.05). Computer Programs and Systems had a net margin of 2.08% and a return on equity of 9.59%. The firm had revenue of $67.70 million for the quarter, compared to analysts’ expectations of $69.56 million. During the same period last year, the firm posted $0.48 EPS. Computer Programs and Systems’s revenue was down 1.0% on a year-over-year basis. On average, analysts expect Computer Programs and Systems to post $1.36 EPS for the current fiscal year and $1.6 EPS for the next fiscal year.

Shares of Computer Programs and Systems, Inc. (NASDAQ CPSI) opened at 31.45 on Wednesday. The firm’s 50-day moving average price is $29.58 and its 200-day moving average price is $30.66. Computer Programs and Systems, Inc. has a 52-week low of $18.25 and a 52-week high of $36.15. The stock has a market cap of $422.34 million, a P/E ratio of 81.06 and a beta of 0.19.

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Several equities analysts have commented on CPSI shares. Zacks Investment Research raised shares of Computer Programs and Systems from a “hold” rating to a “strong-buy” rating and set a $37.00 target price on the stock in a research report on Wednesday, July 5th. BidaskClub downgraded shares of Computer Programs and Systems from a “hold” rating to a “sell” rating in a research report on Thursday, July 6th. Robert W. Baird reissued a “hold” rating and set a $30.00 target price on shares of Computer Programs and Systems in a research report on Thursday, August 31st. SunTrust Banks, Inc. reissued a “hold” rating and set a $32.00 target price (down from $35.00) on shares of Computer Programs and Systems in a research report on Thursday, September 14th. Finally, KeyCorp reissued a “sell” rating and set a $21.00 target price on shares of Computer Programs and Systems in a research report on Friday, September 22nd. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. Computer Programs and Systems presently has an average rating of “Hold” and an average price target of $29.71.

In other Computer Programs and Systems news, insider David A. Dye sold 3,000 shares of the stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $30.03, for a total transaction of $90,090.00. Following the transaction, the insider now directly owns 58,568 shares of the company’s stock, valued at $1,758,797.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.70% of the company’s stock.

About Computer Programs and Systems

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).

Earnings History for Computer Programs and Systems (NASDAQ:CPSI)

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