Cerner stock: buy or sell?

CERN stock price: $68.31 1.37% At close on May 27th, 2020

Updated on:
May 27th, 2020

3

Cerner shares appreciated 1.37% to $68.31 today. Wednesday was the third green session in a row, soaring 1.76%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CERN will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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.

CERN stock chart (daily)

Weekly outlook

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%.

CERN stock chart (weekly)

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 target

Predicting 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.
CERN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.53n/a
2017-Q32017-10-260.620.61-1.6%
2017-Q42018-02-060.610.58-4.9%
2018-Q12018-05-020.530.51-3.8%
2018-Q22018-08-020.550.561.8%
2018-Q32018-10-250.580.57-1.7%
2018-Q42019-02-050.570.570.0%
2019-Q12019-04-300.62n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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%.

CERN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,910 M-$398 M13.7%-
2014$3,403 M16.93%$525 M15.4%31.90%
2015$4,425 M30.05%$539 M12.2%2.65%
2016$4,796 M8.39%$636 M13.3%18.01%
2017$5,142 M7.21%$867 M16.9%36.21%
2018$5,366 M4.36%$630 M11.7%-27.33%
TTM $5,463 M1.81%$636 M11.6%0.99%

Quarterly financial results

Cerner 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.
CERN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,290 M-$180 M13.9%-
2017-Q3$1,280 M-0.78%$177 M13.9%-1.26%
2017-Q4$1,314 M2.64%$337 M25.6%89.75%
2018-Q1$1,293 M-1.59%$160 M12.4%-52.47%
2018-Q2$1,368 M5.79%$169 M12.4%5.85%
2018-Q3$1,340 M-2.02%$169 M12.6%0.01%
2018-Q4$1,366 M1.91%$131 M9.6%-22.47%
2019-Q1$1,390 M1.77%$166 M12.0%26.58%

Cerner ownership

When 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:

CERN
Market cap$20.8 B
Total shares304.4 M
Float shares293.4 M
  - Institutional holdings (%)86.0%
  - Insider holdings (%)3.6%
Shares in short selling0.0%

Cerner summary

Wednesday, May 27th, 2020
Open$67.35
Close$68.31
Day range$66.74 - $68.53
Previous close$67.39
Session gain1.37%
Average true range$1.69
50d mov avg$65.87
100d mov avg$69.61
200d mov avg$69.12
Daily pattern
Weekly pattern lb01a

Cerner performance

Stocks 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 :
Stock3m6m12m
CERNCerner-1.09%-4.06%-1.34%

Cerner competitors

Unfortunately, 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