Computer Programs and Systems, Inc. (NASDAQ: CPSI – Get Rating) insider David A. Dye sold 750 shares of the company’s stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $ 32.09, for a total value of $ 24,067.50. Following the completion of the sale, the insider now directly owns 65,765 shares of the company’s stock, valued at an estimated $ 2,110,398.85. The sale was disclosed in a Securities & Exchange Commission filing, available through the SEC website.
Shares of CPSI stock traded at $ 0.12 on Wednesday, hitting $ 32.57. 1,002 shares of the stock were exchanged, compared to its average number of 71,428. The company has a current ratio of 1.73, a quick fix ratio of 1.72 and a debt-to-equity ratio of 0.59. The business has a 50 -day moving average of $ 31.91 and a 200 -day moving average of $ 31.33. The company has a market capitalization of $ 480.73 million, P/E ratio of 21.21, price-to-earnings-growth ratio of 0.82 and beta of 0.64. Computer Programs and Systems, Inc. has a fifty-two week low of $ 26.11 and a fifty-two week high of $ 37.62.
Computer Programs and Systems (NASDAQ: CPSI-Get Rating) last posted its earnings results on Tuesday, May 3. The company reported $ 0.70 earnings per share for the quarter, leading the analysts ’estimated consensus is $ 0.58 to $ 0.12. Computer Programs and Systems had a return on equity of 16.43% and a net margin of 7.71%. The company had revenue of $ 77.87 million for the quarter, compared to an estimated revenue of $ 74.98 million. In the same quarter last year, the company earned $ 0.28 revenue per share. As a group, research analysts predict that Computer Programs and Systems, Inc. will post 2.65 EPS for the current financial year.
Many equities research analysts have recently weighed in on the CPSI’s share. StockNews.com raised Computer Programs and Systems from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 28. Deutsche Bank Aktiengesellschaft raised their price target on Computer Programs and Systems from $ 39.00 to $ 43.00 in a research report on Thursday, May 5th.
Investors in the institution have recently converted their assets in the company. Promoted by BlackRock Inc. their stake in Computer Programs and Systems was 1.4% in the first quarter. BlackRock Inc. now owns 2,411,642 shares of the company’s stock worth $ 83,079,000 after buying an additional 32,712 shares last quarter. River Road Asset Management LLC increased its assets in the Computer Programs and Systems shares by 10.9% in the 1st quarter. River Road Asset Management LLC now owns 1,321,314 shares of the company’s stock worth $ 45,519,000 after buying an additional 129,444 shares last quarter. Developed by Vanguard Group Inc. their stake in Computer Programs and Systems was 1.0% in the 1st quarter. Vanguard Group Inc. now owns 1,020,365 shares of the company’s stock worth $ 35,152,000 after buying an additional 10,524 shares last quarter. State Street Corp raised its position in Computer Programs and Systems by 3.3% in the 1st quarter. State Street Corp. now owns 601,074 shares of the company’s stock worth $ 20,707,000 after buying an additional 19,226 shares last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Computer Programs and Systems by 3.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 570,050 shares of the company’s stock worth $ 19,638,000 after acquiring an additional 21,661 shares during that period. 87.05% of the stock is owned by hedge funds and other institutional investors.
About Computer Programs and Systems (Get a Rating)
Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean country of St. Louis. Maarten. Its software systems include patient management software that enables a hospital to identify a patient at various points in the healthcare delivery system, as well as to collect and maintain patient information. throughout the patient care process; and financial accounting software, which offers business office applications to track and coordinate information needed for management decision -making.
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