Is Cerner Corporation (CERN) a Lucrative Addition to Your Portfolio?

SIMS RANDY D, EVP, CLO & Secretary, subtracted 40,000 shares of Cerner Corporation (CERN) from its portfolio at the rate of $72.45 per share valuing $2,898,000 on Jun 13. The insider left behind 34,286 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 $71.78. Currently, the 1st Resistance Point for this stock is $72.03, with a 2nd Resistance Point sitting at $72.29. Meanwhile, this company’s stock has a 1st Support Level at $71.57 and a 2nd Support Level at $71.36. Cerner Corporation (CERN) stock has gained $2.36, or 3.40%, in the past five days. In the last full month, these shares have lost -$1.05, or -1.44%. In the past three months, this stock’s price has risen by $1.63, or 2.32%. This year-to-date, Cerner Corporation (CERN) shares have gained $19.34, or 36.88%.

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, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .”

With 318,394 K shares outstanding, this company currently has a market capitalization of $22,726,964K. 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 9.22%, a 3-Year Total Return of 11.05%, and a 5-year Total Return of 24.49%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.180 per share on 06/17/19. Its Annual Dividend Yield is 1.01%, and its Annual Dividend Rate is 0.72.

In the most recently-reported fiscal quarter, which ended in Jun-19, Cerner Corporation (CERN) reported earnings of $0.66 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.64 per share, representing a 0.02 difference and 2.64% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.61 represented a 0 difference from the consensus estimate calling for $0.61 per share, which was a 0.72% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.59 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $0.62 and the low estimate was $0.58. In the year-ago quarter, Cerner Corporation (CERN) generated per-share earnings of $0.57. If the analysts are correct about the current quarter’s earnings, the growth will be +3.51%.

Turning our focus now to insider trading activity, there have been 13 purchases (316,004 shares in total) and 4 sale (289,500 shares in total) in the last 3 months. In the last 6 months, there have been 27 insider buys amounting to 567,284 shares and 11 insider sales amounting to 482,949 shares. In the past full year, 45 insider purchases were made (involving 1,492,314 shares) and 21 insider sell-offs equivalent to 2,117,383 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.