Computer Programs & Systems (NASDAQ:CPSI) Earns Daily Coverage Optimism Score of 0.18

News coverage about Computer Programs & Systems (NASDAQ:CPSI) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Computer Programs & Systems earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.0524562939982 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment’s rankings:

Shares of Computer Programs & Systems (NASDAQ:CPSI) opened at $30.25 on Friday. Computer Programs & Systems has a 52-week low of $21.60 and a 52-week high of $36.15. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.21 and a current ratio of 1.24. The company has a market cap of $416.12, a P/E ratio of 67.22, a P/E/G ratio of 1.90 and a beta of 0.13.

Computer Programs & Systems (NASDAQ:CPSI) last posted its earnings results on Thursday, November 2nd. The company reported $0.43 EPS for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.04). The firm had revenue of $67.11 million for the quarter, compared to analysts’ expectations of $68.68 million. Computer Programs & Systems had a net margin of 2.32% and a return on equity of 10.01%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.34 EPS. equities analysts forecast that Computer Programs & Systems will post 1.27 EPS for the current fiscal year.

Several brokerages have commented on CPSI. Zacks Investment Research cut shares of Computer Programs & Systems from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Robert W. Baird restated a “hold” rating and set a $30.00 target price on shares of Computer Programs & Systems in a research report on Wednesday, October 4th. Citigroup initiated coverage on shares of Computer Programs & Systems in a research report on Thursday, January 4th. They set a “neutral” rating on the stock. BidaskClub upgraded shares of Computer Programs & Systems from a “strong sell” rating to a “sell” rating in a report on Thursday, December 21st. Finally, Cantor Fitzgerald reiterated a “hold” rating and set a $28.00 price target on shares of Computer Programs & Systems in a report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. Computer Programs & Systems currently has an average rating of “Hold” and an average price target of $30.50.

In other Computer Programs & Systems news, EVP Victor S. Schneider sold 1,695 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $29.45, for a total value of $49,917.75. Following the completion of the transaction, the executive vice president now owns 41,657 shares of the company’s stock, valued at $1,226,798.65. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Glenn Tobin acquired 3,500 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was acquired at an average price of $29.38 per share, for a total transaction of $102,830.00. The disclosure for this purchase can be found here. Company insiders own 3.70% of the company’s stock.

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About Computer Programs & Systems

Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Company’s segments include acute care EHR, post-acute care EHR, and TruBridge, Rycan, and other outsourcing. Its Acute Care EHR segment consists of acute care software solutions and supports sales generated by its subsidiaries, Evident, LLC (Evident) and Healthland Inc (Healthland).

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