Long-Term Potential Remains Strong With Cerner Corporation (CERN)

Dillman Linda M, Director, subtracted 4,100 shares of Cerner Corporation (CERN) from its portfolio at the rate of $70.14 per share valuing $287,574 on May 30. The insider left behind 22,778 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Cerner Corporation (CERN) was $72.74. Currently, the 1st Resistance Point for this stock is $73.17, with a 2nd Resistance Point sitting at $73.60. Meanwhile, this company’s stock has a 1st Support Level at $72.38 and a 2nd Support Level at $72.02. Cerner Corporation (CERN) stock has gained $2.77, or 3.96%, in the past five days. In the last full month, these shares have gained $4.99, or 7.37%. In the past three months, this stock’s price has risen by $17.34, or 31.30%. This year-to-date, Cerner Corporation (CERN) shares have gained $20.30, or 38.71%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Cerner Corporation (CERN) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 325,421 K shares outstanding, this company currently has a market capitalization of $23,671,122K. Cerner Corporation (CERN) generates $5,366 M in annual sales, amounting to annual net income of $630,060 K. This stock has generated a 1-Year Total Return of 20.73%, a 3-Year Total Return of 30.80%, and a 5-year Total Return of 37.37%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Cerner Corporation (CERN) reported earnings of $0.61 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.61 per share, representing a 0 difference and 0.72% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.63 represented a 0 difference from the consensus estimate calling for $0.63 per share, which was a 0.40% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.58 per share. This estimate came from a total of 11 Wall Street Analysts. Of those market experts, the high estimate was $0.59 and the low estimate was $0.57. In the year-ago quarter, Cerner Corporation (CERN) generated per-share earnings of $0.56. If the analysts are correct about the current quarter’s earnings, the growth will be +3.57% .

Turning our focus now to insider trading activity, there have been 25 purchases (467,284 shares in total) and 8 sale (414,234 shares in total) in the last 3 months. In the last 6 months, there have been 35 insider buys amounting to 529,298 shares and 9 insider sales amounting to 441,549 shares. In the past full year, 48 insider purchases were made (involving 1,498,314 shares) and 26 insider sell-offs equivalent to 2,575,357 shares.

Moving onto liquidity, Cerner Corporation (CERN) has a Current Ratio of 2.41, a Quick Ratio of 2.38 and a Cash Ratio of 0.81. Looking at this company’s capital structure, its Total Debt to Total Equity is 9.00, its Total Debt to Total Capital is 8.26, and its Total Debt to Total Assets is now 6.61. Looking even further ahead into the future, its Long-Term Debt to Equity is 8.90 and its Long-Term Debt to Total Capital is 8.17.