Cerner Corporation (NASDAQ:CERN) went up by 2.18% from its latest closing price compared to the recent 1-year high of $80.90. The company’s stock price has collected 2.31% of gains in the last five trading sessions. Press Release reported on 01/11/21 that Cerner to Release Fourth Quarter 2020 Earnings Results February 10
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
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 31.54 x from its present earnings ratio. Plus, the 36-month beta value for CERN is at 0.76. Opinions of the stock are interesting as 14 analysts out of 24 who provided ratings for Cerner Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $79.09, which is -$1.79 below the current price. CERN currently public float of 306.02M and currently shorts hold a 4.19% ratio of that float. Today, the average trading volume of CERN was 1.45M shares.
CERN’s Market Performance
CERN stocks went up by 2.31% for the week, with a monthly jump of 8.24% and a quarterly performance of 10.10%, while its annual performance rate touched 8.68%. The volatility ratio for the week stands at 1.90% while the volatility levels for the past 30 days are set at 1.81% for Cerner Corporation. The simple moving average for the period of the last 20 days is 3.53% for CERN stocks with a simple moving average of 12.72% 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 previous 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 previous year.
CERN Trading at 6.93% 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 -0.31% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +8.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.07% upper at present.
During the last 5 trading sessions, CERN rose by +2.31%, which changed the moving average for the period of 200-days by +25.54% in comparison to the 20-day moving average, which settled at $78.22. In addition, Cerner Corporation saw 2.77% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CERN starting from Battaglioli Michael R., who sale 2,960 shares at the price of $74.95 back on Dec 11. After this action, Battaglioli Michael R. now owns 712 shares of Cerner Corporation, valued at $221,852 using the latest closing price.
PETERZALEK JOHN, the EVP & Chief Client & Serv. Off of Cerner Corporation, sale 100 shares at $76.00 during a trade that took place back on Dec 01, which means that PETERZALEK JOHN is holding 16,107 shares at $7,600 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 19.10, with 11.40 for asset returns.
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.
Get the hottest stocks to trade every day before the market opens 100% free. Click here now.
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.