Cerner stock: buy or sell?
May 20th, 2019
Cerner Corporation provides health care information technology solutions and services in the United States and internationally.
Should I buy Cerner stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Only 1 of our buy setups matches with Cerner stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cerner stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we detected 5 ratings published for CERN stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-2-28||Morgan Stanley||Equal Weight||Underweight|
Cerner stock analysis
Shares of Cerner grew a nice 1.56% and closed at $69.55.
Shares of Cerner closed today at $69.55 and grew a nice 1.56%. Since last April 9th when CERN stock price broke up the SMA200d line, it gained $12.46 (21.83%).
Shares of Cerner inched a beatiful 1.56% this week. Early April CERN boosted an astounding 8.73% in just one week.
Cerner shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom by mid April, CERN stock climbed unceasignly breaking out above its last top at $66.03. Since this week when SMA20w and SMA40w crossed up, CERN price gained $1.07 per share (1.56%). Since price and SMA40w lines crossed up early April, CERN climbed $12.23 (21.34%).
Cerner stock price history
Cerner stock went public on December 5th, 1986 with a price of $0.271. Since then, CERN stock grew a 25,659.30%, with an average of 801.90% per year. If you had invested $1,000 in Cerner stock in 1986, it would worth $256,593.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Cerner stock historical price chart
CERN stock reached 52-week highs today at $69.74, and all-time highs 2015-04-13 with a price of 75.72.
Cerner stock price target is $66.80Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 4 price forecasts for CERN stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince Apr/30, when Cerner published its last earnings report, it gained a fine 4.67%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Cerner annual revenues raised a good 4.36% to $5,366.33 M USD from $5,142.27 marked in 2017. Nevertheless, its profit margin (compared to sales) eased to 11.74%, that is $630.06 million. To have an up to date picture of the financial situation of Cerner, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Cerner TTM sales up to March 2019 were $5,463.34 and earnings were $636.28 M USD. When comparing this TTM figures with the last reported annuality, we can esteem Cerner business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, appreciated a tiny 1.81%. Regarding profit margin, Cerner remained constant -0.09% to 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 million in sales for 2019-Q1, a 1.77% up compared to previous quarter. Reported quarter income marked $166.22 M with a profit margin of 11.96%. Profit margin inched a 2.34% compared to previous quarter when profit margin was 9.62%. When comparing turnover to same quarter last year, Cerner sales marked a shining gain and rose a 7.50%. Looking back to recent quarterly results, Cerner posted 2 negative 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 buy shares of a stock, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cerner, 4.42% of all outstanding shares are owned by its staff.
Bearish positions for CERN stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Cerner:
|Market cap||$22.6 B||$368.2 M||$14.7 B||$87.2 B||$2.7 B|
|Total shares||325.4 M||13.8 M||268.3 M||8,720.0 M||87.1 M|
|Float shares||314.4 M||11.6 M||267.3 M||8,710.0 M||85.8 M|
|- Institutional holdings (%)||82.8%||90.4%||88.3%||58.6%||100.0%|
|- Insider holdings (%)||4.4%||4.6%||0.4%||0.2%||1.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, May 20th, 2019|
|Day range||$67.87 - $69.74|
|Average true range||$1.44|
|50d mov avg||$62.25|
|100d mov avg||$58.59|
|200d mov avg||$59.81|
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 Computer Programs and Systems, DXC Technology, General Electric, HMS, McKesson, Allscripts Healthcare Solutions, 3M, Omnicell and Streamline Health Solutions:
Cerner competitorsOne check before investing in any stock is to review a list of its competitors, in this case for Cerner. We selected 9 companies as Cerner competitors as they are in the same industry or have similar market objectives.
- Computer Programs and Systems (CPSI)
- DXC Technology (DXC)
- General Electric (GE)
- HMS (HMSY)
- McKesson (MCK)
- Allscripts Healthcare Solutions (MDRX)
- 3M (MMM)
- Omnicell (OMCL)
- Streamline Health Solutions (STRM)
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