Computer Programs and Systems (CPSI) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Computer Programs and Systems in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CPSI shares.
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2 brokerages have issued 1-year target prices for Computer Programs and Systems' shares. Their CPSI share price forecasts range from $30.00 to $30.00. On average, they predict the company's share price to reach $30.00 in the next year. This suggests a possible upside of 22.9% from the stock's current price.
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Computer Programs and Systems' stock was trading at $27.22 at the start of the year. Since then, CPSI shares have decreased by 10.3% and is now trading at $24.42.
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Computer Programs and Systems saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 140,000 shares, a drop of 30.4% from the April 30th total of 201,100 shares. Based on an average daily volume of 90,500 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.0% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our CPSI earnings forecast.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) released its earnings results on Tuesday, November, 9th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.07. The company earned $70.09 million during the quarter, compared to analysts' expectations of $71.12 million. Computer Programs and Systems had a net margin of 3.24% and a trailing twelve-month return on equity of 12.88%. During the same quarter last year, the firm posted $0.36 earnings per share.

ETFs with the largest weight of Computer Programs and Systems (NASDAQ:CPSI) stock in their portfolio include Fidelity Digital Health ETF (FDHT), Vanguard U.S. Minimum Volatility ETF (VFMV), Global X Telemedicine & Digital Health ETF (EDOC), Invesco S&P SmallCap Health Care ETF (PSCH), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares US Small Cap Value Factor ETF (SVAL), Syntax Stratified SmallCap ETF (SSLY) and Hartford Multifactor Small Cap ETF (ROSC).

Computer Programs and Systems updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $340.00 million-$350.00 million, compared to the consensus revenue estimate of $346.97 million.

76 employees have rated Computer Programs and Systems Chief Executive Officer J. Boyd Douglas on Glassdoor.com. J. Boyd Douglas has an approval rating of 39% among the company's employees. This puts J. Boyd Douglas in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 46.0% of employees surveyed would recommend working at Computer Programs and Systems to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Computer Programs and Systems investors own include Energy Transfer (ET), Netflix (NFLX), Exxon Mobil (XOM), AT&T (T), Enterprise Products Partners (EPD), Pfizer (PFE), Cisco Systems (CSCO), Ford Motor (F), International Business Machines (IBM) and Intel (INTC).

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

Computer Programs and Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.84%), River Road Asset Management LLC (8.39%), Dimensional Fund Advisors LP (5.16%), State Street Corp (4.28%), Wellington Management Group LLP (2.63%) and LSV Asset Management (2.49%). Insiders that own company stock include Christopher L Fowler, Christopher L Fowler, David A Dye, David A Dye, Glenn Tobin, James B Britain, James Patrick Murphy, John B Douglas Jr, Matt J Chambless, Matthew J Murphy, Robert D Hinckle, Troy D Rosser and Victor S Schneider.
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Shares of CPSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CPSI stock can currently be purchased for approximately $24.42.

Computer Programs and Systems (NASDAQ:CPSI) has a market capitalization of $354.82 million and generates $326.65 million in revenue each year. The company earns $15.56 million in net income (profit) each year or $0.74 on an earnings per share basis.

The company employs 2,500 workers across the globe.

Computer Programs and Systems' mailing address is 6600 WALL STREET, MOBILE AL, 36695. The official website for the company is www.cpsi.com. The company can be reached via phone at (251) 639-8100, via email at ir@cpsi.com, or via fax at 251-639-8214.