Computer Programs and Systems Company Profile (NASDAQ:CPSI)

Computer Programs and Systems trades on the NASDAQ under the ticker symbol "CPSI."

Computer Programs and Systems declared a quarterly dividend on Friday, August 4th. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.30 per share on Friday, September 1st. This represents a $1.20 annualized dividend and a yield of 4.20%. The ex-dividend date is Tuesday, August 15th. This is an increase from Computer Programs and Systems's previous quarterly dividend of $0.20. View Computer Programs and Systems' Dividend History.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) announced its earnings results on Thursday, August, 3rd. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.05. The business earned $67.70 million during the quarter, compared to analysts' expectations of $69.56 million. Computer Programs and Systems had a net margin of 2.08% and a return on equity of 9.59%. The company's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.48 EPS. View Computer Programs and Systems' Earnings History.

Computer Programs and Systems is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Computer Programs and Systems.

7 brokers have issued 1 year target prices for Computer Programs and Systems' shares. Their predictions range from $21.00 to $36.00. On average, they expect Computer Programs and Systems' share price to reach $28.67 in the next year. View Analyst Ratings for Computer Programs and Systems.

Here are some recent quotes from research analysts about Computer Programs and Systems stock:

• 1. According to Zacks Investment Research, "Computer Programs and Systems, Inc has been serving the information technology needs of community healthcare providers for over twenty-seven years. Headquartered in Mobile, Alabama, the company provides a complete health information and patient care system that encompasses the full spectrum of financial and clinical applications. The CPSI System provides the most comprehensive single-source electronic medical record available and allows the realization of a true enterprise-wide electronic medical record. The Company is a single-source vendor providing comprehensive software and hardware products, complemented by complete installation services and extensive support. Its fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital. " (8/9/2017)
• 2. Cantor Fitzgerald analysts commented, "1Q17 results were below consensus. Revenue of $64.1 million (-8% y/y) was below FactSet consensus of $66.1 million and our estimate of $67.1 million. Management attributed the shortfall to a delay of two customer implementations from 1Q17 to 2Q17. We note that the number of scheduled implementations for 2017 has already surpassed the number of completed implementations in 2016. Management expects 11 sites to go live in 2Q17 and 8 more sites in 3Q17. With 1Q17 results, management has changed its reporting segments to System Sales and Support and TruBridge to reflect the integration of operations from Rycan and hosting services from TrueBridge. On a recast basis, System Sales and Support revenue of $43.4 million declined 12.6% due to the delay in customer implementations. TrueBridge revenue of $20.7 million increased 3.6% y/y, driven by growth in Rycan RCM products and growing demand for cloud hosting solutions, partially offset by lower non-recurring consulting revenue. Gross margin of 52.4% increased 20bps q/q, reflecting cost controls and a mix shift from lower-margin hardware sales." (5/5/2017)

Some companies that are related to Computer Programs and Systems include Monotype Imaging Holdings (TYPE), First Derivatives plc (FDP), 21Vianet Group (VNET), Datatec (DTC), Perficient (PRFT), Premiere Global Services (PGI), NCC Group PLC (NCC), Carbonite (CARB), VASCO Data Security International (VDSI), Limelight Networks (LLNW), Unisys Corporation (UIS), Actua Corporation (ACTA), SDL plc (SDL), Digimarc Corporation (DMRC), AgroFresh Solutions (AGFS), Internap Corporation (INAP), Kainos Group PLC (KNOS) and TechTarget (TTGT).

Computer Programs and Systems' management team includes the folowing people:

• David A. Dye, Chairman of the Board, Chief Growth Officer
• J. Boyd Douglas Jr., President, Chief Executive Officer, Director
• Matt J. Chambless, Chief Financial Officer, Treasurer, Secretary
• Patrick A. Immel, Senior Vice President of Professional Services – TruBridge
• Christopher L. Fowler, Chief Operating Officer, President of TruBridge
• Victor S. Schneider, Executive Vice President - Corporate and Business Development
• Troy D. Rosser, Senior Vice President - Sales
• Robert D. Hinckle, Senior Vice President - Software Services
• Michael K. Muscat Jr., Senior Vice President - Product Development Services
• William J. Hayes M.D., Chief Medical Officer

Computer Programs and Systems' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Francisco Partners Management LP (10.93%), Vanguard Group Inc. (8.85%), Burgundy Asset Management Ltd. (8.04%), Quantum Capital Management LLC NJ (6.89%), River Road Asset Management LLC (5.93%) and VNBTrust National Association (2.37%). Company insiders that own Computer Programs and Systems stock include Arthur Robert Outlaw Jr, Christopher L Fowler, Christopher Scott Bauleke, David A Dye, James B Britain, John B Douglas Jr, Patrick A Immel, Robert D Hinckle, Troy D Rosser and Victor S Schneider. View Institutional Ownership Trends for Computer Programs and Systems.

Computer Programs and Systems' stock was sold by a variety of institutional investors in the last quarter, including Francisco Partners Management LP, Ameriprise Financial Inc., River Road Asset Management LLC, Prudential Financial Inc., US Bancorp DE, GSA Capital Partners LLP, Mondrian Investment Partners LTD and Teachers Advisors LLC. Company insiders that have sold Computer Programs and Systems stock in the last year include Christopher L Fowler, David A Dye, James B Britain, Troy D Rosser and Victor S Schneider. View Insider Buying and Selling for Computer Programs and Systems.

Computer Programs and Systems' stock was purchased by a variety of institutional investors in the last quarter, including VNBTrust National Association, Hamilton Lane Advisors LLC, Kennedy Capital Management Inc., JPMorgan Chase & Co., Wasatch Advisors Inc., Vanguard Group Inc., Bridge City Capital LLC and Pinebridge Investments L.P.. Company insiders that have bought Computer Programs and Systems stock in the last two years include Arthur Robert Outlaw Jr, John B Douglas Jr and Robert D Hinckle. View Insider Buying and Selling for Computer Programs and Systems.

Shares of Computer Programs and Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Computer Programs and Systems stock can currently be purchased for approximately $28.55.