Computer Programs & Systems Inc (NASDAQ:CPSI) Stock Sentiment Improves

May 16, 2018 - By Mary Hughes

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Logo

Sentiment for Computer Programs & Systems Inc (NASDAQ:CPSI)

Computer Programs & Systems Inc (NASDAQ:CPSI) institutional sentiment increased to 1.25 in 2017 Q4. Its up 0.29, from 0.96 in 2017Q3. The ratio has increased, as 55 investment managers increased or opened new positions, while 44 sold and decreased positions in Computer Programs & Systems Inc. The investment managers in our partner’s database now possess: 12.60 million shares, up from 12.15 million shares in 2017Q3. Also, the number of investment managers holding Computer Programs & Systems Inc in their top 10 positions increased from 2 to 3 for an increase of 1. Sold All: 8 Reduced: 36 Increased: 37 New Position: 18.

Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. The company has market cap of $428.83 million. Maarten. It currently has negative earnings. The Company’s 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 helps to collect and maintain patient information throughout the process of patient care; and financial accounting software, which offers business office applications to track and coordinate information needed for managerial decision-making.

The stock increased 1.11% or $0.35 during the last trading session, reaching $31.75. About 74,302 shares traded. Computer Programs and Systems, Inc. (NASDAQ:CPSI) has risen 5.42% since May 16, 2017 and is uptrending. It has underperformed by 6.13% the S&P500.

Analysts await Computer Programs and Systems, Inc. (NASDAQ:CPSI) to report earnings on August, 2. They expect $0.48 earnings per share, up 37.14 % or $0.13 from last year’s $0.35 per share. CPSI’s profit will be $6.48 million for 16.54 P/E if the $0.48 EPS becomes a reality. After $0.47 actual earnings per share reported by Computer Programs and Systems, Inc. for the previous quarter, Wall Street now forecasts 2.13 % EPS growth.

Francisco Partners Management Lp holds 32.56% of its portfolio in Computer Programs and Systems, Inc. for 1.47 million shares. Stadium Capital Management Llc owns 668,933 shares or 10.9% of their US portfolio. Moreover, Quantum Capital Management Llc Nj has 6.34% invested in the company for 708,795 shares. The Virginia-based Vnbtrust National Association has invested 2.96% in the stock. Hamilton Lane Advisors Llc, a Pennsylvania-based fund reported 62,183 shares.

Since January 1, 0001, it had 0 buys, and 5 selling transactions for $638,918 activity.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Ratings Coverage

Ratings analysis reveals 0 of CPSI’s analysts are positive. Out of 3 Wall Street analysts rating CPSI, 0 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $23.0 while the high is $32.0. The stock’s average target of $28 is -11.81% below today’s ($31.75) share price. CPSI was included in 3 notes of analysts from January 30, 2018. KeyBanc Capital Markets maintained the shares of CPSI in report on Tuesday, January 30 with “Sell” rating. The firm has “Hold” rating by Piper Jaffray given on Friday, February 9. Cantor Fitzgerald maintained it with “Hold” rating and $32.0 target in Thursday, February 8 report.

More recent Computer Programs and Systems, Inc. (NASDAQ:CPSI) news were published by: Businesswire.com which released: “Product Vision Takes Center Stage at the CPSI 2018 National Client Conference” on May 15, 2018. Also Businesswire.com published the news titled: “CPSI Announces First Quarter 2018 Results” on May 03, 2018. Seekingalpha.com‘s news article titled: “Computer Programs & Systems (CPSI) Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018 was also an interesting one.

Computer Programs and Systems, Inc. (NASDAQ:CPSI) Institutional Positions Chart

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