Computer Programs and Systems - CPSI Stock Forecast, Price & News

Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making. The company also provides clinical software that automates record keeping and reporting for various clinical functions, including laboratory, radiology, physical therapy, respiratory care, and pharmacy; patient care applications; and enterprise applications that support its products for use in various areas of the hospital, and provide software applications. In addition, it offers Centriq, an intuitive user interface to centralize data from various care areas that provide the end user with a tool to view past and present patient information. Further, the company provides software solutions that promote data-driven clinical and financial outcomes for customers in the post-acute care industry; software application support, hardware maintenance, and education and related services; post-acute care support and maintenance services; revenue cycle management products and services, consulting and business management services, and managed information technology services; patient engagement, and encoder solutions. It serves community hospitals and physician clinics, skilled nursing, and assisted living facilities. Computer Programs and Systems, Inc. was founded in 1979 and is headquartered in Mobile, Alabama.

Analysts Set New Price Targets

CPSI has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Computer Programs and Systems from $39.00 to $43.00 in a research note on Thursday, May 5th. StockNews.com downgraded shares of Computer Programs and Systems from a "strong-buy" rating to a "buy" rating in a research note on Monday, August 1st.

Computer Programs and Systems Stock Up 2.6 %

NASDAQ:CPSI traded up $0.80 during trading hours on Friday, reaching $31.28. The company's stock had a trading volume of 52,121 shares, compared to its average volume of 64,526. The company has a market capitalization of $459.50 million, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 0.84 and a beta of 0.64. Computer Programs and Systems has a 12 month low of $26.11 and a 12 month high of $37.62. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.76 and a current ratio of 1.79. The stock has a 50 day moving average price of $31.97 and a two-hundred day moving average price of $31.95.

Computer Programs and Systems (NASDAQ:CPSI - Get Rating) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.59 EPS for the quarter, missing analysts' consensus estimates of $0.60 by ($0.01). Computer Programs and Systems had a return on equity of 14.95% and a net margin of 6.35%. During the same quarter in the prior year, the company posted $0.67 earnings per share. Equities analysts predict that Computer Programs and Systems will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Christopher L. Fowler sold 1,000 shares of the business's stock in a transaction that occurred on Friday, July 15th. The shares were sold at an average price of $31.79, for a total value of $31,790.00. Following the completion of the transaction, the chief executive officer now owns 67,038 shares of the company's stock, valued at $2,131,138.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other Computer Programs and Systems news, CEO Christopher L. Fowler sold 1,000 shares of Computer Programs and Systems stock in a transaction on Friday, July 15th. The shares were sold at an average price of $31.79, for a total value of $31,790.00. Following the transaction, the chief executive officer now directly owns 67,038 shares of the company's stock, valued at $2,131,138.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Dye sold 750 shares of Computer Programs and Systems stock in a transaction on Monday, August 1st. The stock was sold at an average price of $33.76, for a total transaction of $25,320.00. Following the completion of the transaction, the insider now directly owns 65,015 shares in the company, valued at $2,194,906.40. The disclosure for this sale can be found here. Insiders sold 7,450 shares of company stock valued at $239,251 over the last 90 days. Corporate insiders own 4.20% of the company's stock.