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

$72.23
-0.25 (-0.34 %)
(As of 06/16/2019 12:57 PM ET)
Today's Range
$72.20
Now: $72.23
$72.95
50-Day Range
$64.60
MA: $69.36
$73.01
52-Week Range
$48.78
Now: $72.23
$73.24
Volume1.68 million shs
Average Volume2.59 million shs
Market Capitalization$23.51 billion
P/E Ratio32.68
Dividend YieldN/A
Beta0.89
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. Read More…

Industry, Sector and Symbol

Industry Computer integrated systems design
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$4.2563 per share
Book Value$15.19 per share

Profitability

Net Income$630.05 million

Miscellaneous

Employees29,200
Market Cap$23.51 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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Cerner (NASDAQ:CERN) Frequently Asked Questions

What is Cerner's stock symbol?

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

How often does Cerner pay dividends? What is the dividend yield for Cerner?

Cerner announced a special dividend on Friday, May 31st. Investors of record on Tuesday, June 18th will be given a dividend of $0.18 per share on Friday, July 26th. The ex-dividend date of this dividend is Monday, June 17th. View Cerner's Dividend History.

How were Cerner's earnings last quarter?

Cerner Co. (NASDAQ:CERN) issued its quarterly earnings data on Thursday, April, 25th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.06. The business earned $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. Cerner had a net margin of 11.65% and a return on equity of 14.86%. The firm's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.58 earnings per share. View Cerner's Earnings History.

When is Cerner's next earnings date?

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

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

Cerner issued an update on its FY19 earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $2.64-2.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.65. The company issued revenue guidance of $5.650-5.850 billion, compared to the consensus revenue estimate of $5.74 billion.Cerner also updated its FY 2019 guidance to $2.64-2.72 EPS.

What price target have analysts set for CERN?

13 brokers have issued twelve-month price targets for Cerner's shares. Their forecasts range from $49.00 to $77.00. On average, they expect Cerner's stock price to reach $69.6923 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View Analyst Price Targets for Cerner.

What is the consensus analysts' recommendation for Cerner?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cerner in the last year. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cerner.

What are Wall Street analysts saying about Cerner stock?

Here are some recent quotes from research analysts about Cerner stock:
  • 1. Cantor Fitzgerald analysts commented, "Our rating remains Overweight and our PT remains $75. Although some amount of investor skepticism regarding the company’s growth outlook continues to temper valuation levels, we do not share those concerns. Our long-term DCF model assumptions are mostly conservative, with high single-digit revenue growth and modest margin expansion. Capital spending should moderate in 2019. We think the shares offer a compelling risk/reward trade off. Valuation Summary Cerner shares trade at a 32% discount to our DCF-based price target of $75." (4/9/2019)
  • 2. According to Zacks Investment Research, "Cerner continues to witness strong contributions from its key areas, including Population Health, Revenue Cycle and IT Works. Strong international performance in recent times is an added positive. Further, gains in Professional and Managed Services units buoy optimism. The company is likely to benefit from EHR, EPR or EMR platforms that provide patient care in both acute inpatient and outpatient settings. On the flip side, the company’s Licensed Software and Subscriptions revenues witnessed a year-over-year decline in the last reported quarter. In fact, management expects low software bookings to negatively impact total bookings in the upcoming quarter. The contraction in operating margin adds to the woes. Furthermore, high long-term debt and competition in the global HCIT space are worrisome. Cerner has underperformed its industry in a year's time." (4/8/2019)

Has Cerner been receiving favorable news coverage?

Media stories about CERN stock have been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cerner earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Cerner.

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 Dominion Energy (d), Cisco Systems (CSCO), Gilead Sciences (GILD), QUALCOMM (QCOM), Celgene (CELG), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), Netflix (NFLX) and Walt Disney (DIS).

Who are Cerner's key executives?

Cerner's management team includes the folowing people:
  • Mr. David Brent Shafer, Chairman & CEO (Age 62)
  • 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. John T. Peterzalek, Exec. VP & Chief Client Officer (Age 58)

Who are Cerner's major shareholders?

Cerner's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.35%), Wellington Management Group LLP (4.40%), Loomis Sayles & Co. L P (4.09%), Parnassus Investments CA (3.49%), Geode Capital Management LLC (1.41%) and American Century Companies Inc. (1.10%). Company insiders that own Cerner stock include Clifford W Illig, David Brent Shafer, Denis A Cortese, Jeffrey A Townsend, John J Greisch, Julie M Wilson, Linda M Dillman, Marc G Naughton, Michael Nill, Michael R Battaglioli, R Halsey Wise, 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 Morgan Stanley, OppenheimerFunds Inc., FMR LLC, Alta Capital Management LLC, Amundi Pioneer Asset Management Inc., Geode Capital Management LLC, State of Tennessee Treasury Department and TD Asset Management Inc.. Company insiders that have sold Cerner company stock in the last year include Clifford W Illig, Julie M Wilson, Linda M Dillman, Michael Nill, Michael R Battaglioli, Randy D Sims, William D Zollars and Zane M Burke. View Insider Buying and Selling for Cerner.

Which major investors are buying Cerner stock?

CERN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Parnassus Investments CA, Wellington Management Group LLP, AQR Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Goldman Sachs Group Inc., Confluence Investment Management LLC and First Trust Advisors LP. Company insiders that have bought Cerner stock in the last two years include John J Greisch and R Halsey Wise. 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 $72.23.

How big of a company is Cerner?

Cerner has a market capitalization of $23.51 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.View Additional Information About Cerner.

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:  919 (Vote Outperform)
Underperform Votes:  572 (Vote Underperform)
Total Votes:  1,491
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 6/16/2019 by MarketBeat.com Staff

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