Cerner Corporation (CERN) Analysts See $0.58 EPS

January 8, 2018 - By Adrian Erickson

 Cerner Corporation (CERN) Analysts See $0.58 EPS
Investors sentiment increased to 0.98 in Q3 2017. Its up 0.11, from 0.87 in 2017Q2. It increased, 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.
Manufacturers Life Ins The accumulated 341,088 shares. 12,240 were accumulated by Retirement Planning Gp. Dnb Asset Mgmt As has 0.29% invested in Cerner Corporation (NASDAQ:CERN). Cambridge Investment Advsrs reported 54,535 shares. Benjamin F Edwards & Communications Inc stated it has 1,100 shares or 0.01% of all its holdings. Patten Incorporated reported 0% stake. Warren Averett Asset Mngmt Ltd reported 3,553 shares. American Century Incorporated reported 0.22% in Cerner Corporation (NASDAQ:CERN). 58,319 are held by Columbia Prtn L L C Inv Management. Atria Invs Llc reported 10,725 shares. The South Dakota-based South Dakota Inv Council has invested 0.06% in Cerner Corporation (NASDAQ:CERN). Mason Street Advsrs Ltd Company stated it has 0.08% in Cerner Corporation (NASDAQ:CERN). Sun Life Financial Inc has invested 0.02% of its portfolio in Cerner Corporation (NASDAQ:CERN). Rmb Capital Mgmt Limited Liability Com has invested 0.01% in Cerner Corporation (NASDAQ:CERN). Arrowstreet Cap L P has 1.09M shares.

Since August 11, 2017, it had 0 insider purchases, and 6 insider sales for $28.54 million activity. Battaglioli Michael R. had sold 4,000 shares worth $279,560. Another trade for 94,000 shares valued at $6.34 million was sold by BURKE ZANE M. $7.33M worth of Cerner Corporation (NASDAQ:CERN) shares were sold by ILLIG CLIFFORD W. 60,000 Cerner Corporation (NASDAQ:CERN) shares with value of $4.08 million were sold by SIMS RANDY D.

Analysts expect Cerner Corporation (NASDAQ:CERN) to report $0.58 EPS on February, 8.They anticipate $0.01 EPS change or 1.75 % from last quarter’s $0.57 EPS. CERN’s profit would be $192.80 million giving it 30.40 P/E if the $0.58 EPS is correct. After having $0.57 EPS previously, Cerner Corporation’s analysts see 1.75 % EPS growth. The stock increased 2.20% or $1.52 during the last trading session, reaching $70.53. About 2.41M shares traded or 14.66% up from the average. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since January 8, 2017 and is uptrending. It has outperformed by 2.84% the S&P500.

Cerner Corporation (NASDAQ:CERN) Ratings Coverage

Among 26 analysts covering Cerner Corporation (NASDAQ:CERN), 13 have Buy rating, 1 Sell and 12 Hold. Therefore 50% are positive. Cerner Corporation had 88 analyst reports since August 5, 2015 according to SRatingsIntel. As per Monday, December 18, the company rating was maintained by Cantor Fitzgerald. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, September 29. The stock of Cerner Corporation (NASDAQ:CERN) earned “Buy” rating by Jefferies on Friday, October 13. The stock has “Buy” rating by Evercore on Wednesday, August 5. The stock has “Underperform” rating by Bank of America on Monday, November 7. The firm earned “Neutral” rating on Tuesday, May 2 by Hilliard Lyons. The rating was reinitiated by Jefferies with “Buy” on Friday, October 16. The stock has “Buy” rating by Cantor Fitzgerald on Monday, June 5. The stock of Cerner Corporation (NASDAQ:CERN) earned “Buy” rating by Canaccord Genuity on Monday, September 4. The company was upgraded on Thursday, August 10 by Morgan Stanley.

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 $23.45 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 35.11 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.

More news for Cerner Corporation (NASDAQ:CERN) were recently published by: Seekingalpha.com, which released: “Cerner slips 1% on delay in VA EHR contract” on December 13, 2017. Nasdaq.com‘s article titled: “Cerner Gains Momentum in HCIT Space Amid Tough Competition” and published on December 27, 2017 is yet another important article.

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