Computer Programs and Systems, Inc. (NASDAQ:CPSI) – Analysts at Dougherty & Co issued their Q4 2017 earnings per share estimates for shares of Computer Programs and Systems in a research note issued to investors on Sunday. Dougherty & Co analyst G. Mannheimer anticipates that the company will post earnings of $0.36 per share for the quarter.

Computer Programs and Systems (NASDAQ:CPSI) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The firm had revenue of $67.11 million during the quarter, compared to analyst estimates of $68.68 million. Computer Programs and Systems had a net margin of 2.32% and a return on equity of 10.01%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.34 EPS. TRADEMARK VIOLATION WARNING: “Analysts Issue Forecasts for Computer Programs and Systems, Inc.’s Q4 2017 Earnings (CPSI)” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/analysts-issue-forecasts-for-computer-programs-and-systems-inc-s-q4-2017-earnings-cpsi/1685023.html.

A number of other equities research analysts have also recently commented on CPSI. BidaskClub cut Computer Programs and Systems from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut Computer Programs and Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Robert W. Baird restated a “hold” rating and set a $30.00 target price on shares of Computer Programs and Systems in a research report on Thursday, August 31st. SunTrust Banks, Inc. restated a “hold” rating and set a $32.00 target price (down from $35.00) on shares of Computer Programs and Systems in a research report on Thursday, September 14th. Finally, KeyCorp restated a “sell” rating and set a $21.00 target price on shares of Computer Programs and Systems in a research report on Friday, September 22nd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. Computer Programs and Systems has a consensus rating of “Hold” and a consensus target price of $30.50.

Computer Programs and Systems (NASDAQ CPSI) opened at $29.05 on Tuesday. Computer Programs and Systems has a 52-week low of $21.60 and a 52-week high of $36.15. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.24 and a quick ratio of 1.21. The firm has a market cap of $399.60, a P/E ratio of 24.41, a PEG ratio of 1.99 and a beta of 0.12.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, November 16th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.38%. The ex-dividend date is Wednesday, November 15th. Computer Programs and Systems’s payout ratio is 272.73%.

In related news, insider David A. Dye sold 3,000 shares of Computer Programs and Systems stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $30.03, for a total value of $90,090.00. Following the sale, the insider now directly owns 58,568 shares in the company, valued at approximately $1,758,797.04. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.70% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp boosted its holdings in Computer Programs and Systems by 10.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 264,579 shares of the company’s stock worth $7,819,000 after buying an additional 25,106 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Computer Programs and Systems by 57.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 6,001 shares of the company’s stock worth $177,000 after buying an additional 2,183 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Computer Programs and Systems by 1,849.3% in the 3rd quarter. Bessemer Group Inc. now owns 22,241 shares of the company’s stock worth $658,000 after buying an additional 21,100 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Computer Programs and Systems by 3.3% in the 3rd quarter. Principal Financial Group Inc. now owns 84,027 shares of the company’s stock worth $2,483,000 after buying an additional 2,692 shares during the last quarter. Finally, Mondrian Investment Partners LTD boosted its holdings in Computer Programs and Systems by 21.1% in the 3rd quarter. Mondrian Investment Partners LTD now owns 104,727 shares of the company’s stock worth $3,095,000 after buying an additional 18,227 shares during the last quarter. Institutional investors own 99.08% of the company’s stock.

About Computer Programs and Systems

Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Company’s segments include acute care EHR, post-acute care EHR, and TruBridge, Rycan, and other outsourcing. Its Acute Care EHR segment consists of acute care software solutions and supports sales generated by its subsidiaries, Evident, LLC (Evident) and Healthland Inc (Healthland).

Earnings History and Estimates for Computer Programs and Systems (NASDAQ:CPSI)

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