Cerner stock: buy or sell?
May 27th, 2020
Cerner Corporation provides health care information technology solutions and services in the United States and internationally.
Should I buy Cerner stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Cerner stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cerner stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for CERN stock for the last month.
Cerner stock analysis
Cerner shares appreciated 1.37% to $68.31 today.
Cerner appreciated a nice 1.37% and closed at $68.31. Since price and SMA200d lines crossed down on Apr/30, CERN fell $-2.70 per share (-3.80%). Since SMA100d and SMA200d crossed up on February, CERN price slid a -12.84%. On February, CERN hit a new all time high, pushing higher than on January tops. Check different trading setups that use ATHs as triggers.
Cerner appreciated a decent 1.53% this week. Early April CERN skyrocketed an extraordinary 8.94% in just one week. By mid May CERN collapsed a frightening -5.59% in just one week.
Observing the weekly chart, price is in a simple uptrend, tested $63.11 level and now climbing back aiming its last top at $74.88. Since late April, when CERN stock price broke down the 40-weeks moving avarage line, it slid $-4.44 per share (-6.10%). Stocks below the 40-weeks moving average line are usually not recommended for average traders. Far behind is the all-time high Cerner hit early February and since then the price is -15.31% below that top. Since SMA20w and SMA40w crossed up early February, CERN price slid a -4.62%.
Cerner stock price history
Cerner stock went public on December 5th, 1986 with a price of $0.001. Since then, CERN stock grew a inf%, with a yearly average of inf%. If you had invested right after CERN's IPO a $1,000 in Cerner stock in 1986, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
Cerner stock historical price chart
CERN stock reached all-time highs on February with a price of $80.66.
Cerner stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CERN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Cerner stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, when Cerner presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a beatiful growth of 4.36% to $5,366.33 M dollars. Instead, its profit margin (compared to revenues) dropped to 11.74%, that is $630.06 million. Cerner presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Cerner TTM sales up to March 2019 were $5,463.34 and earnings $636.28 million dollars. If we compare this TTM figures with the last reported annuality, we can review Cerner business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly fine 1.81%. Nonetheless, profit margin (net income/revenues) stayed steady at 11.74%.
|2013||$2,910 M||-||$398 M13.7%||-|
|2014||$3,403 M||16.93%||$525 M15.4%||31.90%|
|2015||$4,425 M||30.05%||$539 M12.2%||2.65%|
|2016||$4,796 M||8.39%||$636 M13.3%||18.01%|
|2017||$5,142 M||7.21%||$867 M16.9%||36.21%|
|2018||$5,366 M||4.36%||$630 M11.7%||-27.33%|
|TTM||$5,463 M||1.81%||$636 M11.6%||0.99%|
Quarterly financial resultsCerner posted $1,389.88 M in revenues for 2019-Q1, a 1.77% up compared to previous quarter. Reported quarter earnings marked $166.22 M with a profit margin of 11.96%. Profit margin raised a 2.34% compared to previous quarter when profit margin was 9.62%. When comparing sales to same quarter last year, Cerner sales marked a pretty good gain and jumped a 7.50%. Looking back to recent quarterly results, Cerner posted 2 positive quarters in a row.
|2017-Q2||$1,290 M||-||$180 M13.9%||-|
|2017-Q3||$1,280 M||-0.78%||$177 M13.9%||-1.26%|
|2017-Q4||$1,314 M||2.64%||$337 M25.6%||89.75%|
|2018-Q1||$1,293 M||-1.59%||$160 M12.4%||-52.47%|
|2018-Q2||$1,368 M||5.79%||$169 M12.4%||5.85%|
|2018-Q3||$1,340 M||-2.02%||$169 M12.6%||0.01%|
|2018-Q4||$1,366 M||1.91%||$131 M9.6%||-22.47%|
|2019-Q1||$1,390 M||1.77%||$166 M12.0%||26.58%|
Cerner ownershipWhen you are planning to invest in shares of a company, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cerner, 3.63% of all outstanding shares are owned by its staff.
Bearish positions for CERN stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$20.8 B|
|Total shares||304.4 M|
|Float shares||293.4 M|
|- Institutional holdings (%)||86.0%|
|- Insider holdings (%)||3.6%|
|Shares in short selling||0.0%|
|Wednesday, May 27th, 2020|
|Day range||$66.74 - $68.53|
|Average true range||$1.69|
|50d mov avg||$65.87|
|100d mov avg||$69.61|
|200d mov avg||$69.12|
Cerner performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Cerner to :
Cerner competitorsUnfortunately, we could not find any public company that could be defined as Cerner competitor. This doesn't mean Cerner does not have any competitor in the market, it's just we could not detected it.
Latest Cerner stock news
- Seeking AlphaWith Recent Developments, Cerner Looks Even More AttractiveApril 11, 2019
- Seeking AlphaCerner: A Leading Company In A Competitive IndustryJanuary 4, 2019
- Seeking AlphaCerner Corp.: Time To RallyDecember 13, 2018
- Seeking AlphaCerner: A Wide Economic Moat In The MakingNovember 15, 2018
- Investors.comStock News Today: Western Digital, Cerner, Amazon, Nvidia Lead Nasdaq 100 LowerOctober 26, 2018