Cerner Corporation (CERN) Analysts See $0.54 EPS

March 23, 2018 - By Graig Alexander

 Cerner Corporation (CERN) Analysts See $0.54 EPS
Investors sentiment increased to 0.98 in Q3 2017. Its up 0.11, from 0.87 in 2017Q2. It is positive, as 44 investors sold Cerner Corporation shares while 209 reduced holdings. 59 funds opened positions while 190 raised stakes. 263.89 million shares or 3.63% more from 254.64 million shares in 2017Q2 were reported.
First Allied Advisory Incorporated accumulated 5,567 shares. Roberts Glore Company Il owns 14,405 shares for 0.66% of their portfolio. First Citizens Financial Bank & Tru Communication has 33,513 shares. Parametric Port Lc invested 0.05% of its portfolio in Cerner Corporation (NASDAQ:CERN). Oregon Pub Employees Retirement Fund holds 71,457 shares or 0.08% of its portfolio. Oppenheimer & Co owns 26,754 shares. Carret Asset Llc stated it has 0.06% of its portfolio in Cerner Corporation (NASDAQ:CERN). Bp Public Limited Liability Com holds 34,000 shares or 0.09% of its portfolio. Moreover, Ibm Retirement Fund has 0.1% invested in Cerner Corporation (NASDAQ:CERN). 419,247 are owned by Kbc Grp Nv. Sigma Planning Corp holds 0.02% or 3,048 shares in its portfolio. Boys Arnold And holds 4,513 shares. Gyroscope Cap Grp Inc owns 4,227 shares. 175,731 are held by Proshare Ltd Liability Corp. Canada Pension Plan Inv Board holds 0.02% or 126,570 shares.

Since December 13, 2017, it had 0 insider purchases, and 4 insider sales for $37.88 million activity. The insider Battaglioli Michael R. sold $279,560. ILLIG CLIFFORD W sold $19.85M worth of stock or 307,700 shares. TOWNSEND JEFFREY A sold 230,000 shares worth $14.25 million.

Analysts expect Cerner Corporation (NASDAQ:CERN) to report $0.54 EPS on April, 26.They anticipate $0.02 EPS change or 3.57 % from last quarter’s $0.56 EPS. CERN’s profit would be $179.60 million giving it 26.16 P/E if the $0.54 EPS is correct. After having $0.53 EPS previously, Cerner Corporation’s analysts see 1.89 % EPS growth. The stock decreased 1.67% or $0.96 during the last trading session, reaching $56.51. About 2.05M shares traded. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since March 24, 2017 and is uptrending. It has outperformed by 2.84% the S&P500.

Cerner Corporation (NASDAQ:CERN) Ratings Coverage

Among 28 analysts covering Cerner Corporation (NASDAQ:CERN), 13 have Buy rating, 0 Sell and 15 Hold. Therefore 46% are positive. Cerner Corporation had 102 analyst reports since August 5, 2015 according to SRatingsIntel. SunTrust downgraded the shares of CERN in report on Tuesday, January 16 to “Hold” rating. The firm has “Hold” rating by Argus Research given on Tuesday, March 13. Canaccord Genuity maintained it with “Buy” rating and $69.0 target in Friday, October 6 report. Canaccord Genuity maintained the shares of CERN in report on Friday, July 21 with “Buy” rating. SunTrust maintained the shares of CERN in report on Monday, October 30 with “Buy” rating. Suntrust Robinson upgraded the shares of CERN in report on Thursday, June 23 to “Buy” rating. On Wednesday, November 4 the stock rating was maintained by Deutsche Bank with “Buy”. The rating was maintained by Evercore on Wednesday, August 5 with “Buy”. The company was maintained on Wednesday, February 7 by Cantor Fitzgerald. The company was maintained on Monday, June 5 by Piper Jaffray.

Cerner Corporation designs, develops, markets, installs, hosts, and supports health care information technology, health care devices, hardware, and content solutions for health care organizations and clients in the United States and internationally. The company has market cap of $18.80 billion. The firm offers Cerner Millennium architecture, which includes clinical, financial, and management information systems that allow providers to access an individual??s electronic health record at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. It has a 21.99 P/E ratio. It also provides HealtheIntent platform, a cloud platform that enables organizations to aggregate, transform, and reconcile data across the continuum of care, as well as assists to enhance outcomes and lower costs.

Another recent and important Cerner Corporation (NASDAQ:CERN) news was published by which published an article titled: “Cerner to Webcast Investment Community Meeting” on February 27, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.