Cerner Corporation (NASDAQ: CERN) started the day on October 22, 2021, with a price decrease of -0.08% at $71.81. During the day, the stock rose to $72.48 and sunk to $71.73 before settling in for the price of $71.87 at the close. Taking a more long-term approach, CERN posted a 52-week range of $67.96-$84.20.
In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 4.50%. Meanwhile, its Annual Earning per share during the time was 10.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 53.10%. This publicly-traded company’s shares outstanding now amounts to $300.74 million, simultaneously with a float of $295.03 million. The organization now has a market capitalization sitting at $21.24 billion. At the time of writing, stock’s 50-day Moving Average stood at $74.04, while the 200-day Moving Average is $75.97.
If we measure the efficiency of the company that is accounted for 26400 employees. It has generated 208,553 per worker during the last fiscal year. Meanwhile, its income per employee was 29,549. The stock had 4.77 Receivables turnover and 0.77 Total Asset turnover. For the Profitability, stocks gross margin was +77.55, operating margin was +16.13 and Pretax Margin of +18.01.
Cerner Corporation (CERN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Health Information Services Industry. Cerner Corporation’s current insider ownership accounts for 0.10%, in contrast to 89.70% institutional ownership. According to the most recent insider trade that took place on Aug 24, this organization’s EVP & Chief Legal Officer sold 9,000 shares at the rate of 77.45, making the entire transaction reach 697,050 in total value, affecting insider ownership by 2,723. Preceding that transaction, on Aug 09, Company’s SVP & Chief Accounting Officer sold 2,750 for 79.70, making the whole transaction’s value amount to 219,175. This particular insider is now the holder of 268 in total.
Cerner Corporation (CERN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2021, the organization reported $0.8 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.76) by $0.04. This company achieved a net margin of +14.17 while generating a return on equity of 17.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
Cerner Corporation’s EPS increase for this current 12-month fiscal period is 53.10% and is forecasted to reach 3.58 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.81% through the next 5 years, which can be compared against the 10.40% growth it accomplished over the previous five years trading on the market.
Cerner Corporation (NASDAQ: CERN) Trading Performance Indicators
Let’s observe the current performance indicators for Cerner Corporation (CERN). It’s Quick Ratio in the last reported quarter now stands at 1.60. The Stock has managed to achieve an average true range (ATR) of 1.10. Alongside those numbers, its PE Ratio stands at $31.48, and its Beta score is 0.72. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.79.
In the same vein, CERN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.28, a figure that is expected to reach 0.81 in the next quarter, and analysts are predicting that it will be 3.58 at the market close of one year from today.
Technical Analysis of Cerner Corporation (CERN)
If we take a close look at the recent performances of Cerner Corporation (NASDAQ: CERN), its last 5-days Average volume was 1.62 million that shows plunge from its year to date volume of 2.43 million. During the previous 9 days, stock’s Stochastic %D was recorded 78.89% While, its Average True Range was 1.04.
Raw Stochastic average of Cerner Corporation (CERN) in the period of the previous 100 days is set at 21.13%, which indicates a major fall in contrast to 80.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 14.59% that was higher than 14.03% volatility it exhibited in the past 100-days period.