Cerner Corporation (NASDAQ:CERN) went up by 0.03% from its latest closing price compared to the recent 1-year high of $80.90. The company’s stock price has collected 7.16% of gains in the last five trading sessions. Press Release reported on 09/22/20 that Vynca and Cerner Empower Patients and Clinicians to Honor End-Of-Life Care Decisions
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Is It Worth Investing in Cerner Corporation (NASDAQ :CERN) Right Now?
Cerner Corporation (NASDAQ:CERN) scored a price-to-earnings ratio above its average ratio, recording 43.61 x from its present earnings ratio. Plus, the 36-month beta value for CERN is at 0.81. Opinions of the stock are interesting as 15 analysts out of 26 who provided ratings for Cerner Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $77.22, which is $5.05 above the current price. CERN currently public float of 294.39M and currently shorts hold a 4.90% ratio of that float. Today, the average trading volume of CERN was 1.65M shares.
CERN’s Market Performance
CERN stocks went up by 7.16% for the week, with a monthly drop of -0.22% and a quarterly performance of 3.43%, while its annual performance rate touched 8.67%. The volatility ratio for the week stands at 2.84% while the volatility levels for the past 30 days are set at 2.68% for Cerner Corporation. The simple moving average for the period of the last 20 days is 1.95% for CERN stocks with a simple moving average of 2.58% for the last 200 days.
Analysts’ Opinion of CERN
Many brokerage firms have already submitted their reports for CERN stocks, with Stephens repeating the rating for CERN by listing it as a “Equal-Weight.” The predicted price for CERN in the upcoming period, according to Stephens is $75 based on the research report published on July 07th of the current year 2020.
Evercore ISI, on the other hand, stated in their research note that they expect to see CERN reach a price target of $70. The rating they have provided for CERN stocks is “In-line” according to the report published on June 15th, 2020.
SunTrust gave a rating of “Hold” to CERN, setting the target price at $72 in the report published on May 01st of the current year.
CERN Trading at 1.22% from the 50-Day Moving Average
After a stumble in the market that brought CERN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.62% of loss for the given period.
Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares sank -3.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.35% upper at present.
During the last 5 trading sessions, CERN rose by +7.16%, which changed the moving average for the period of 200-days by -0.50% in comparison to the 20-day moving average, which settled at $70.78. In addition, Cerner Corporation saw -1.47% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CERN starting from BISBEE GERALD E JR, who sale 7,456 shares at the price of $69.86 back on Aug 06. After this action, BISBEE GERALD E JR now owns 54,716 shares of Cerner Corporation, valued at $520,876 using the latest closing price.
Platt Tracy L, the Chief Human Resources Officer of Cerner Corporation, sale 6,948 shares at $71.38 during a trade that took place back on Jul 31, which means that Platt Tracy L is holding 0 shares at $495,948 based on the most recent closing price.
Stock Fundamentals for CERN
Current profitability levels for the company are sitting at:
- +12.06 for the present operating margin
- +75.65 for the gross margin
The net margin for Cerner Corporation stands at +9.30. The total capital return value is set at 12.75, while invested capital returns managed to touch 9.86. Equity return is now at value 12.50, with 7.60 for asset returns.
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Based on Cerner Corporation (CERN), the company’s capital structure generated 27.73 points at debt to equity in total, while total debt to capital is 21.71. Total debt to assets is 17.23, with long-term debt to equity ratio resting at 27.03. Finally, the long-term debt to capital ratio is 21.16.
Currently, EBITDA for the company is 364.19M with total debt to EBITDA at 0.76. When we switch over and look at the enterprise to sales, we see a ratio of 4.25, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 4.90 and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
