How were Cerner's earnings last quarter?

Cerner Co. (NASDAQ:CERN) released its quarterly earnings results on Thursday, October, 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.04. The business earned $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Cerner had a trailing twelve-month return on equity of 22.86% and a net margin of 10.15%. Cerner's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.60 earnings per share. Read the conference call transcript .

Is Cerner a good dividend stock?

Cerner (NASDAQ:CERN) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 54.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CERN will have a dividend payout ratio of 31.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CERN .

What is Brent Shafer's approval rating as Cerner's CEO?

1,137 employees have rated Cerner Chief Executive Officer Brent Shafer on Glassdoor.com . Brent Shafer has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Cerner own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cerner investors own include NVIDIA (NVDA) , Walt Disney (DIS) , QUALCOMM (QCOM) , Cisco Systems (CSCO) , Gilead Sciences (GILD) , Intel (INTC) , Netflix (NFLX) , AT&T (T) , Broadcom (AVGO) and Tesla (TSLA) .

Does Cerner have any subsidiaries?

The following companies are subsidiares of Cerner: ADAC Healthcare Information Systems, APACHE Medical Systems, AbleVets, AbleVets LLC, Anasazi Software Inc., BeyondNow Technologies, CITATION Computer Systems, Cerner (Malaysia) SDN BHD, Cerner Belgium, Cerner Campus Redevelopment Corporation, Cerner Canada Limited LLC, Cerner Canada ULC, Cerner Capital Inc., Cerner Chile Limitada, Cerner Chouteau Data Center Inc., Cerner Corporation PTY Limited, Cerner Deutschland GmbH, Cerner Egypt L.L.C, Cerner Finland Oy, Cerner France SAS, Cerner Galt Inc., Cerner Global Holdings B.V., Cerner Government Services Inc., Cerner Health Connections Inc., Cerner Health Services Deutschland GmbH, Cerner Health Services Inc., Cerner Healthcare Sales India Private Limited, Cerner Healthcare Solutions Inc., Cerner Healthcare Solutions India Private Limited, Cerner Iberia S.L.U., Cerner Innovation Inc., Cerner International Inc., Cerner Ireland Limited, Cerner Legal Quality & Strategy Inc., Cerner Limited, Cerner Lingologix Inc., Cerner Math Inc., Cerner Middle East FZ-LLC, Cerner Middle East Ltd., Cerner Multum Inc., Cerner Multum LLC, Cerner México S. de R. L. de C.V., Cerner Nederland B.V., Cerner Norge AS, Cerner Portugal Unipessoal Lda., Cerner Properties Inc., Cerner Property Development Inc., Cerner Revenue Cycle LLC, Cerner România S.R.L., Cerner Singapore Limited LLC, Cerner Soluções para a Saúde Ltda., Cerner State & Local Government Services Inc., Cerner Sverige AB, Cerner Universal Revenue Cycle Management LLC, Cerner Österreich GmbH, Clairvia Inc, Dynamic Healthcare Technologies, Egis Systems LLC, Etreby Computer Company, Fortified Health Solutions Inc., IMC Health Care, Image Devices, J. Galt Associates Inc, Kantar Health, LABOTIX Automation, LingoLogix, Mitch Cooper & Associates, Multum Information Services, PureWellness Inc, Resource Systems, Siemens Healthineers, The Health Exchange Inc., and VitalWorks - Medical Division. Read More

NASDAQ:CERN

Cerner (CERN) Stock Price, News & Analysis

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Compare

Today's Range: $94.92
▼
$94.92
50-Day Range: $94.92
▼
$94.92
52-Week Range: $69.08
▼
$95.40

Volume: 1,320 shs
Average Volume: 4.00 million shs
Market Capitalization: $27.92 billion

P/E Ratio: 47.70
Dividend Yield: 1.14%
Price Target: N/A

Stock Analysis

Get Cerner alerts:

Cerner MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.77
Upright™ Environmental Score
News Sentiment: 0.10
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.19%
From $3.14 to $3.46 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.56 out of 5 stars

Medical Sector

445th out of 909 stocks

Computer Integrated Systems Design Industry

15th out of 34 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Cerner.

N/A

Short Interest

Short Interest
There is no current short interest data available for CERN.

2.5

Dividend Strength

Dividend Yield
Cerner pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cerner does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cerner is 54.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cerner will have a dividend payout ratio of 31.21% next year. This indicates that Cerner will be able to sustain or increase its dividend.

3.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cerner has received a 52.97% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Patient flow management systems", "Disease-specific registry software", and "Personal health record software" products. See details.
Environmental Sustainability
The Environmental Impact score for Cerner is -0.77.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 7 news articles for Cerner this week, compared to 3 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cerner insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.12% of the stock of Cerner is held by insiders.
Percentage Held by Institutions
82.23% of the stock of Cerner is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Cerner are expected to grow by 10.19% in the coming year, from $3.14 to $3.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cerner is 47.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cerner is 47.70, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 267.25.
Price to Earnings Growth Ratio
Cerner has a PEG Ratio of 2.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cerner has a P/B Ratio of 7.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Cerner Stock (NASDAQ:CERN)

Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. It offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record (EHR) at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. The company also provides HealtheIntent platform, a cloud-based platform to aggregate, transform, and reconcile data across the continuum of care; and CareAware, an EHR agnostic platform that facilitates connectivity of health care devices to EHRs. In addition, it offers a portfolio of clinical and financial healthcare information technology solutions, as well as departmental and care coordination solutions. Further, the company provides tech-enabled services, such as implementation and training, remote hosting, application management, revenue cycle, support and maintenance, health care data analysis, real-world evidence, clinical process optimization, transaction processing, employer health centers, and data-driven services; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, free-standing reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. The company was founded in 1979 and is headquartered in North Kansas City, Missouri.

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CERN Stock News Headlines

April 24, 2024 | msn.com

Larry Ellison says Oracle's HQ is moving to Nashville — 4 years after relocating from California to Texas

April 24, 2024 | bizjournals.com

Oracle chairman Larry Ellison tags Nashville as company's world HQ

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April 23, 2024 | msn.com

Oracle to Move Headquarters Again, This Time to Nashville

April 22, 2024 | msn.com

Dons of Dalal Street: Upstox Co-founder Shrini Viswanath’s first bet was a US stock

April 19, 2024 | bizjournals.com

Northland site is 'in the running' for USA Gymnastics training center

April 19, 2024 | markets.businessinsider.com

Retrieve Medical Advances Healthcare Documentation in Louisiana with New Software Implementation

April 18, 2024 | forbes.com

How A Decades-Old Medical Records Company Made A Huge AI Bet To Save Itself

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April 10, 2024 | msn.com

Philadelphia-based Rite Aid has filed for bankruptcy. What happens now?

April 10, 2024 | bizjournals.com

How Bardavon Health's new CEO pivoted career from Cerner to helping injured workers

April 4, 2024 | markets.businessinsider.com

Adherium Partners with Rimidi to Revolutionise Respiratory Clinical Management Solutions

April 2, 2024 | bizjournals.com

Bardavon Health promotes former Cerner exec to CEO

April 1, 2024 | tmcnet.com

Intermedia Introduces Cloud Solution to Revolutionize Healthcare Communications

March 28, 2024 | msn.com

Former Chiefs cheerleader Krystal Anderson dies of sepsis days after stillbirth

March 27, 2024 | msn.com

Goodbill raises $2M and expands customer base to unearth and challenge medical billing errors

March 22, 2024 | axios.com

AI medical scribes vary widely by price and other features

March 21, 2024 | msn.com

Sharp, UCSD affected by computer outage that briefly diverted ambulance deliveries

March 20, 2024 | bizjournals.com

Oracle Corp. unveils agenda for April health care summit in Midtown

March 19, 2024 | bizjournals.com

Top 5 KC law firm hires former Oracle Cerner chief health compliance officer for litigation practice

March 14, 2024 | bizjournals.com

Trially wants to transform $22.6B clinical trial industry

March 14, 2024 | finance.yahoo.com

Oracle Corporation: Upgrading to BUY to a target price of $145

March 13, 2024 | bizjournals.com

BioNexus KC secures $10.6M, doubles supporters for $75M Tech Hubs effort

March 12, 2024 | msn.com

Oracle Stock Is Rising Tuesday: What's Going On?

March 12, 2024 | msn.com

Oracle Set for Biggest Gain Since 2021 on Cloud Revenue Growth

March 11, 2024 | yahoo.com

Electronic Health Record System Unveiled at VA and Pentagon's Largest Shared Health Care Facility

March 11, 2024 | msn.com

Oracle’s Cloud Is Thriving. Two Other Issues Hang Over Earnings.

See More Headlines

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Company Calendar

Last Earnings: 10/28/2021
Today: 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Computer Integrated Systems Design
Sub-Industry: Health Care Technology
Current Symbol: NASDAQ:CERN
CUSIP: 15678210
CIK: 804753
Web: www.cerner.com
Phone: (816) 221-1024
Fax: 816-474-1742
Employees: 25,150
Year Founded: 1979

Profitability

EPS (Most Recent Fiscal Year): $1.99
Trailing P/E Ratio: 47.70
Forward P/E Ratio: 30.23
P/E Growth: 2.37
Net Income: $555.60 million
Net Margins: 10.15%
Pretax Margin: 12.61%
Return on Equity: 22.86%
Return on Assets: 11.75%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 1.79
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: $5.76 billion
Price / Sales: 4.84
Cash Flow: $5.37 per share
Price / Cash Flow: 17.69
Book Value: $12.56 per share
Price / Book: 7.56

Miscellaneous

Outstanding Shares: 294,098,000
Free Float: 293,745,000
Market Cap: $27.92 billion
Optionable: Optionable
Beta: 0.77

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Key Executives

Dr. David Todd Feinberg M.B.A. (Age 60)
MBA, Pres, CEO, MD & Director
Comp: $2.8M
Mr. Mark J. Erceg CFA (Age 53)
Exec. VP & CFO
Comp: $1.64M
Mr. Jerome Labat (Age 56)
Exec. VP & CTO
Comp: $1.34M
Ms. Tracy L. Platt (Age 48)
Exec. VP & Chief HR Officer
Comp: $1.05M
Mr. David Brent Shafer (Age 65)
Sr. Advisor
Comp: $2.7M
Mr. Travis S. Dalton (Age 51)
Exec. VP, Chief Client & Services Officer and Pres of Cerner Gov. Services
Comp: $1.35M
Mr. Clifford W. Illig (Age 71)
Co-Founder
Mr. Paul N. Gorup (Age 70)
Co-Founder
Mr. Michael R. Battaglioli (Age 54)
Sr. VP & Chief Accounting Officer
Allan Kells
Sr. VP of Investor Relations

Key Competitors

View All Competitors

Should I Buy Cerner Stock? CERN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Cerner Co.:

Cerner is a leading supplier of health care information technology solutions, health care devices, and remote hosting services, positioning it well in the growing health tech sector.
The company has a strong market share in the electronic health record space, indicating its competitive edge and potential for continued growth.
Recent acquisition plans, such as the acquisition of Change Healthcare for $13 billion, demonstrate Cerner's commitment to expanding and improving its integrated business, which could lead to enhanced offerings and increased market presence.
Cerner receives significant contracts from the U.S. Federal Government, highlighting the quality and reliability of its product offerings.
With the potential rebound in IT spending by healthcare facilities post-pandemic, Cerner stands to benefit from increased demand for its services and solutions.

Cons

Investors should be bearish about investing in Cerner Co. for these reasons:

While Cerner has strengths in the health tech sector, the stock only offers a 1.09% dividend yield, which may be lower compared to other investment options.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these Cerner pros and cons to contact@marketbeat.com.

CERN Stock Analysis - Frequently Asked Questions

How were Cerner's earnings last quarter?: Cerner Co. (NASDAQ:CERN) released its quarterly earnings results on Thursday, October, 28th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.04. The business earned $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Cerner had a trailing twelve-month return on equity of 22.86% and a net margin of 10.15%. Cerner's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.60 earnings per share.
Read the conference call transcript.
Is Cerner a good dividend stock?: Cerner (NASDAQ:CERN) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 54.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CERN will have a dividend payout ratio of 31.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CERN.
What is Brent Shafer's approval rating as Cerner's CEO?: 1,137 employees have rated Cerner Chief Executive Officer Brent Shafer on Glassdoor.com. Brent Shafer has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Cerner own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cerner investors own include NVIDIA (NVDA), Walt Disney (DIS), QUALCOMM (QCOM), Cisco Systems (CSCO), Gilead Sciences (GILD), Intel (INTC), Netflix (NFLX), AT&T (T), Broadcom (AVGO) and Tesla (TSLA).
Does Cerner have any subsidiaries?: The following companies are subsidiares of Cerner: ADAC Healthcare Information Systems, APACHE Medical Systems, AbleVets, AbleVets LLC, Anasazi Software Inc., BeyondNow Technologies, CITATION Computer Systems, Cerner (Malaysia) SDN BHD, Cerner Belgium, Cerner Campus Redevelopment Corporation, Cerner Canada Limited LLC, Cerner Canada ULC, Cerner Capital Inc., Cerner Chile Limitada, Cerner Chouteau Data Center Inc., Cerner Corporation PTY Limited, Cerner Deutschland GmbH, Cerner Egypt L.L.C, Cerner Finland Oy, Cerner France SAS, Cerner Galt Inc., Cerner Global Holdings B.V., Cerner Government Services Inc., Cerner Health Connections Inc., Cerner Health Services Deutschland GmbH, Cerner Health Services Inc., Cerner Healthcare Sales India Private Limited, Cerner Healthcare Solutions Inc., Cerner Healthcare Solutions India Private Limited, Cerner Iberia S.L.U., Cerner Innovation Inc., Cerner International Inc., Cerner Ireland Limited, Cerner Legal Quality & Strategy Inc., Cerner Limited, Cerner Lingologix Inc., Cerner Math Inc., Cerner Middle East FZ-LLC, Cerner Middle East Ltd., Cerner Multum Inc., Cerner Multum LLC, Cerner México S. de R. L. de C.V., Cerner Nederland B.V., Cerner Norge AS, Cerner Portugal Unipessoal Lda., Cerner Properties Inc., Cerner Property Development Inc., Cerner Revenue Cycle LLC, Cerner România S.R.L., Cerner Singapore Limited LLC, Cerner Soluções para a Saúde Ltda., Cerner State & Local Government Services Inc., Cerner Sverige AB, Cerner Universal Revenue Cycle Management LLC, Cerner Österreich GmbH, Clairvia Inc, Dynamic Healthcare Technologies, Egis Systems LLC, Etreby Computer Company, Fortified Health Solutions Inc., IMC Health Care, Image Devices, J. Galt Associates Inc, Kantar Health, LABOTIX Automation, LingoLogix, Mitch Cooper & Associates, Multum Information Services, PureWellness Inc, Resource Systems, Siemens Healthineers, The Health Exchange Inc., and VitalWorks - Medical Division.
Read More

This page (NASDAQ:CERN) was last updated on 4/24/2024 by MarketBeat.com Staff

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Cerner (CERN) Stock Price, News & Analysis

Cerner MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Cerner Stock (NASDAQ:CERN)

CERN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Cerner Stock? CERN Pros and Cons Explained

Pros

Cons

CERN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™