NASDAQ:CERN - Cerner Stock Price, News, & Analysis

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$57.67 -0.24 (-0.41 %)
(As of 03/19/2019 04:44 AM ET)
Previous Close$57.91
Today's Range$57.2850 - $58.00
52-Week Range$48.78 - $67.57
Volume1.21 million shs
Average Volume2.44 million shs
Market Capitalization$18.71 billion
P/E Ratio26.10
Dividend YieldN/A
Beta0.97
Cerner Corporation provides health care information technology solutions and tech-enabled services in the United States and internationally. The company 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. It also provides HealtheIntent platform, a cloud-based platform to aggregate, transform, and reconcile data across the continuum of care; and EHR agnostic platform, CareAware that facilitates connectivity of health care devices to EHRs. In addition, the company offers a portfolio of clinical and financial health care information technology solutions, as well as departmental, connectivity, population health, and care coordination solutions. Further, it provides tech-enabled services, such as implementation and training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs, and third-party administrator services; and complementary hardware and devices for third parties. The company serves integrated integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments and public health organizations. It has a strategic collaboration with Christiana Care Health System to provide a weight loss surgery program. Cerner Corporation was founded in 1979 and is headquartered in North Kansas City, Missouri.

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Industry, Sector and Symbol

Industry Health Information Services
Sub-IndustryHealth Care Technology
SectorMedical
Current SymbolNASDAQ:CERN
CUSIP15678210
Phone816-221-1024

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.37 billion
Cash Flow$4.3134 per share
Book Value$15.19 per share

Profitability

Net Income$630.05 million

Miscellaneous

Employees29,200
Market Cap$18.71 billion
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable

Cerner (NASDAQ:CERN) Frequently Asked Questions

What is Cerner's stock symbol?

Cerner trades on the NASDAQ under the ticker symbol "CERN."

How will Cerner's stock buyback program work?

Cerner declared that its Board of Directors has initiated a stock repurchase program on Sunday, June 4th 2017, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

How were Cerner's earnings last quarter?

Cerner Co. (NASDAQ:CERN) posted its quarterly earnings data on Tuesday, February, 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.06. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.39 billion. Cerner had a return on equity of 14.84% and a net margin of 11.74%. The firm's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 EPS. View Cerner's Earnings History.

When is Cerner's next earnings date?

Cerner is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for Cerner.

What guidance has Cerner issued on next quarter's earnings?

Cerner updated its FY19 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of $2.57-2.67 for the period, compared to the Thomson Reuters consensus estimate of $2.68. The company issued revenue guidance of $5.650-5.850 billion, compared to the consensus revenue estimate of $5.80 billion.Cerner also updated its FY 2019 guidance to $2.57-2.67 EPS.

What price target have analysts set for CERN?

14 brokers have issued 1-year target prices for Cerner's stock. Their forecasts range from $47.00 to $76.00. On average, they expect Cerner's stock price to reach $67.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for Cerner.

What is the consensus analysts' recommendation for Cerner?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cerner in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cerner.

Has Cerner been receiving favorable news coverage?

News headlines about CERN stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cerner earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Cerner's key competitors?

What other stocks do shareholders of Cerner own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cerner investors own include Gilead Sciences (GILD), Cisco Systems (CSCO), Celgene (CELG), QUALCOMM (QCOM), Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Amgen (AMGN), Intel (INTC) and Netflix (NFLX).

Who are Cerner's key executives?

Cerner's management team includes the folowing people:
  • Mr. Marc G. Naughton, Exec. VP & CFO (Age 64)
  • Mr. Michael R. Nill, Exec. VP & COO (Age 54)
  • Mr. Jeffrey A. Townsend, Exec. VP & Chief of Innovation (Age 55)
  • Mr. David Brent Shafer, Chairman & CEO (Age 62)
  • Mr. Michael Robin, Partner and VP

Who are Cerner's major shareholders?

Cerner's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.70%), Bank of New York Mellon Corp (4.34%), Parnassus Investments CA (2.98%), Geode Capital Management LLC (1.46%), Oregon Public Employees Retirement Fund (1.09%) and Northern Trust Corp (1.08%). Company insiders that own Cerner stock include Clifford W Illig, David Brent Shafer, Denis A Cortese, Gerald E Bisbee, Jr, Jeffrey A Townsend, Julie M Wilson, Linda M Dillman, Marc G Naughton, Michael Nill, Michael R Battaglioli, Neal L Patterson, Randy D Sims, William D Zollars and Zane M Burke. View Institutional Ownership Trends for Cerner.

Which major investors are selling Cerner stock?

CERN stock was sold by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Bank of New York Mellon Corp, Two Sigma Advisers LP, Two Sigma Investments LP, Morningstar Investment Services LLC, First Quadrant L P CA, FMR LLC and New York State Common Retirement Fund. Company insiders that have sold Cerner company stock in the last year include Clifford W Illig, David Brent Shafer, Denis A Cortese, Julie M Wilson, Linda M Dillman, Michael R Battaglioli, William D Zollars and Zane M Burke. View Insider Buying and Selling for Cerner.

Which major investors are buying Cerner stock?

CERN stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Parnassus Investments CA, BlackRock Inc., MERIAN GLOBAL INVESTORS UK Ltd, Mackenzie Financial Corp, State of Tennessee Treasury Department and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Cerner.

How do I buy shares of Cerner?

Shares of CERN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cerner's stock price today?

One share of CERN stock can currently be purchased for approximately $57.67.

How big of a company is Cerner?

Cerner has a market capitalization of $18.71 billion and generates $5.37 billion in revenue each year. The company earns $630.05 million in net income (profit) each year or $2.21 on an earnings per share basis. Cerner employs 29,200 workers across the globe.

What is Cerner's official website?

The official website for Cerner is http://www.cerner.com.

How can I contact Cerner?

Cerner's mailing address is 2800 ROCKCREEK PKWY W0162, NORTH KANSAS CITY MO, 64117. The company can be reached via phone at 816-221-1024 or via email at [email protected]


MarketBeat Community Rating for Cerner (NASDAQ CERN)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  877 (Vote Outperform)
Underperform Votes:  551 (Vote Underperform)
Total Votes:  1,428
MarketBeat's community ratings are surveys of what our community members think about Cerner and other stocks. Vote "Outperform" if you believe CERN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CERN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/19/2019 by MarketBeat.com Staff

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