Cerner (NASDAQ:CERN)‘s stock had its Buy rating Reiterated by analysts at SVB Leerink LLC – 4 stars in a research report issued to clients and investors. A price-to-earnings ratio of 31.31, market cap of 21.1B and a beta of 0.75. Cerner has a twelve month low $67.96 of and a twelve month high of $84.20.
Shares of Cerner traded down -$0.30 on friday, reaching $71.42. 0 shares of the stock traded hands, compared to its average volume of 2415834. Shares of Cerner at close on friday were at $71.42. The firm’s 50 day moving average is $74.86 and its 200 day moving average is 76.15.Cerner has a 12 month low of $71.38 and a 12 month high of $84.20. While on yearly highs and lows, Cerner’s today has traded high as $72.30 and has touched $71.38 on the downward trend. See More Analyst Rating at: RATING
Cerner (NASDAQ:CERN) Moving Average Technical Analysis
5 day Moving Average is 70.93 And 5 day price change is 0.35 (0.49%) with average volume for 5 day average is 2,829,680. While technical analysis for average 20 days shows significant difference, 20 day moving average is 71.43 and 20 day price change is -3.62 (-4.82%) and average 20 day moving volume is 2,367,360. 50 day moving average is 74.86 and 50 day price change is -8.48 ( -10.61%) and with average volume for 50 days is : 2,066,924. 200 day moving average is 76.15 and 200 day price change is -6.56 (-8.41%) and with average volume for 200 days is : 2,441,270.
See More Analyst Rating at: RATING
Cerner Earnings and What to expect:
Cerner last issued its quarterly earnings results on July 29th, 2021. The reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.04. The business earned $1.46 billion during the quarter, compared to the consensus estimate of $1.44 billion. Its quarterly revenue was up 9.5% on a year-over-year basis. Cerner has generated $2.45 earnings per share over the last year ($2.29 diluted earnings per share) and currently has a price-to-earnings ratio of 31.2. Earnings for Cerner are expected to grow by 14.34% in the coming year, from $2.72 to $3.11 per share. Cerner has confirmed that its next quarterly earnings report will be published on Friday, October 29th, 2021. Cerner will be holding an earnings conference call on Friday, October 29th at 9:00 AM Eastern. Interested parties can .
Earnings for Cerner are expected to grow by 14.34% in the coming year, from $2.72 to $3.11 per share. The P/E ratio of Cerner is 31.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.47. The P/E ratio of Cerner is 31.19, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 30.30. Cerner has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued. Cerner has a P/B Ratio of 4.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Other owners latest trading in Cerner :
- On 10/15/2021 shares held by Keeler Thomas Management LLC were 51,198 which equates to market value of $3.62M and appx 1.70% owners of Cerner
- On 10/15/2021 shares held by Bartlett & Co. LLC were 12,560 which equates to market value of $0.89M and appx 0.00% owners of Cerner
- On 10/15/2021 shares held by Pacer Advisors Inc. were 67,416 which equates to market value of $4.75M and appx 0.10% owners of Cerner
- In total Institutional ownership equates to Institutional Ownership Percentage: 85.59% for Cerner
See More Analyst Rating at: RATING