Computer Programs (NASDAQ:CPSI) Stock Upgrade
Trading for shares of Computer Programs (NASDAQ:CPSI) should be followed closely this week, as Deutsche Bank hiked shares to a Hold from a Sell. Additionally analysts have announced a new target price per share of $47.0 which is -3.53% higher.
From a total of 10 analysts covering Computer Progams & Systems (NASDAQ:CPSI) stock, 0 rate it a ”Buy”, 2 a “Sell”, and 14 a ”Hold”. This means that 0% of the ratings are positive. The highest target price is $57 while the lowest target price is $32. The mean of all analyst targets is $45.3 with a 3.05% above today’s ($49.49) stock price. Computer Progams & Systems was the topic of 8 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Topeka Capital Markets maintained shares on November 30 with “Hold” rating. FBR Capital maintained CPSI stock in a recent report from November 27 with “Mkt Perform” rating.
Approximately 97,997 shares of stock traded hands. Computer Programs & Systems, Inc. (NASDAQ:CPSI) has declined 9.24% since April 28, 2015 and is downtrending. It has underperformed by 7.62% the S&P500.
Computer Programs and Systems, Inc. is a well-known provider of healthcare information technology solutions for rural and community hospitals, with over 650 client hospitals in 46 states and the District of Columbia. The company has a market cap of $581.99 million. The Firm provides enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations throughout the United States. It has 25.75 P/E ratio. Additionally, CPSI provides other information technology solutions, including business management services, remote hosting, networking technologies and other related services.
According to Zacks Investment Research, “Computer Programs and Systems, Inc has been serving the information technology needs of community healthcare providers for over twenty-seven years. Headquartered in Mobile, Alabama, the company provides a complete health information and patient care system that encompasses the full spectrum of financial and clinical applications. The CPSI System provides the most comprehensive single-source electronic medical record available and allows the realization of a true enterprise-wide electronic medical record. The Company is a single-source vendor providing comprehensive software and hardware products, complemented by complete installation services and extensive support. Its fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital.” Get a free copy of the Zacks research report on Computer Programs & Systems, Inc. (CPSI)