Computer Programs and Systems (CPSI) Earning Somewhat Favorable Media Coverage, Study Finds
Media coverage about Computer Programs and Systems (NASDAQ:CPSI) has trended somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Computer Programs and Systems earned a news sentiment score of 0.01 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.5829192972782 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Computer Programs and Systems, Inc. (CPSI) Upgraded by Zacks Investment Research to Hold (americanbankingnews.com)
- Interested In Computer Programs and Systems Inc (CPSI)’s Upcoming $0.1 Dividend? You Have 3 Days Left (finance.yahoo.com)
- Computer Programs and Systems, Inc. (CPSI) Announces Quarterly Dividend of $0.10 (americanbankingnews.com)
- Anemic Quant Score Limit Computer Programs and Systems (CPSI) Rating (investorplace.com)
- Financial Comparison: Computer Programs and Systems (CPSI) & Its Peers (americanbankingnews.com)
Computer Programs and Systems (NASDAQ CPSI) traded up $0.05 during midday trading on Friday, reaching $28.10. 62,300 shares of the company’s stock traded hands, compared to its average volume of 128,066. The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.87. The stock has a market cap of $386.54, a PE ratio of 23.61, a PEG ratio of 2.04 and a beta of 0.12. Computer Programs and Systems has a fifty-two week low of $21.60 and a fifty-two week high of $36.15.
Computer Programs and Systems (NASDAQ:CPSI) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.04). The company had revenue of $67.11 million for the quarter, compared to analysts’ expectations of $68.68 million. Computer Programs and Systems had a net margin of 2.32% and a return on equity of 10.01%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. analysts forecast that Computer Programs and Systems will post 1.29 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Thursday, November 16th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Wednesday, November 15th. Computer Programs and Systems’s dividend payout ratio (DPR) is currently 266.67%.
Several research firms recently commented on CPSI. BidaskClub raised shares of Computer Programs and Systems from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 8th. Zacks Investment Research downgraded shares of Computer Programs and Systems from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Robert W. Baird reaffirmed a “hold” rating and issued a $30.00 price objective on shares of Computer Programs and Systems in a report on Thursday, August 31st. Cantor Fitzgerald reaffirmed a “hold” rating and issued a $28.00 price objective on shares of Computer Programs and Systems in a report on Tuesday, September 26th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $32.00 price objective (down from $35.00) on shares of Computer Programs and Systems in a report on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Computer Programs and Systems currently has an average rating of “Hold” and a consensus price target of $30.50.
In related news, insider David A. Dye sold 3,000 shares of Computer Programs and Systems stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $30.03, for a total value of $90,090.00. Following the transaction, the insider now owns 58,568 shares in the company, valued at approximately $1,758,797.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company 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).
Receive News & Stock Ratings for Computer Programs and Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Computer Programs and Systems Inc. and related stocks with our FREE daily email newsletter.