Based on ratings from 11 stock analysts, the Computer Programs & Systems Inc stock price is expected to decrease by 21.23% in 12 months. This is calculated by using the average 12-month stock price forecast for Computer Programs & Systems Inc. The lowest target is $10 and the highest is $24. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assignedCPSI 1 buy ratings, 9 hold ratings, and 1 sell ratings. This means that analysts expect Computer Programs & Systems Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CPSI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CPSI.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Cantor Fitzgerald | Overweight | Reiterates | Mar 5, 2024 | |
Steven Halper Cantor Fitzgerald | Overweight | $24 | Reiterates | Mar 1, 2024 |
Stephanie Davis Barclays | Equal-Weight | $10 | Maintains | Jan 22, 2024 |
Jeff Garro Stephens & Co. | Equal-Weight | $14 | Maintains | Nov 10, 2023 |
Jeff Garro Stephens & Co. | Equal-Weight | $24 | Reiterates | Oct 17, 2023 |
Steven Halper Cantor Fitzgerald | Overweight | $24 | Reiterates | Oct 2, 2023 |
Steven Halper Cantor Fitzgerald | Overweight | $24 | Initiates | Aug 15, 2023 |
Jeff Garro Stephens & Co. | Equal-Weight | $30 | Initiates | Apr 12, 2023 |
George Hill Deutsche Bank | Hold | $39 | Maintains | Mar 4, 2022 |
Stephanie Davis SVB Leerink | Outperform | $38 | Maintains | Mar 3, 2022 |
SVB Leerink | Outperform | $35 | Maintains | Feb 16, 2022 |
George Hill Deutsche Bank | Hold | $33 | Maintains | Dec 9, 2021 |
KeyBanc | Sector Weight | Upgrade | Sep 10, 2020 | |
Stephanie Davis SVB Leerink | Outperform | $36 | Maintains | Sep 10, 2020 |
Keybanc | Sector Weight | Upgrade | Sep 10, 2020 | |
SVB Leerink | Outperform | $31 | Maintains | Aug 5, 2020 |
Deutsche Bank | Hold | $28 | Maintains | Aug 5, 2020 |
Wells Fargo | Overweight | $36 | Maintains | May 22, 2020 |
Cantor Fitzgerald | Overweight | Upgrade | May 8, 2020 | |
SunTrust Robinson Humphrey | Hold | $24 | Maintains | May 7, 2020 |
When did it IPO
2002
Staff Count
2,500
Country
United States
Sector/Industry
Healthcare/Health Information Services
CEO
Mr. Christopher L. Fowler
Market Cap
$133.3M
In 2023, CPSI generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CPSI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - CPSI held its Q4 2023 earnings call, discussing financial performance and future strategies. Key insights include revenue figures and growth projections relevant for investors.
Why It Matters - CPSI's Q4 earnings reveal financial health and performance trends, impacting stock valuation and investor sentiment, crucial for portfolio decisions.
Summary - CPSI (NASDAQ: CPSI) reported Q4 2023 bookings of $26M, up from $24.7M, and total revenue of $85.9M, an increase from $83.2M. RCM revenue rose to $51M from $45.7M year-over-year.
Why It Matters - CPSI's Q4 results show revenue growth and increased bookings, signaling strong demand for healthcare solutions, which may boost investor confidence and stock performance.
Summary - Computer Programs and Systems (CPSI) reported Q3 earnings of $0.36 per share, exceeding the Zacks estimate of $0.34, but down from $0.61 per share year-over-year.
Why It Matters - CPSI's earnings beat expectations, signaling operational strength, but the year-over-year decline raises concerns about growth sustainability.
Summary - CPSI (NASDAQ: CPSI) will release its Q4 and 2023 financial results on February 29, 2024, after market close, followed by a conference call at 4:30 PM ET. Details on their website.
Why It Matters - CPSI's upcoming financial results release and conference call could impact stock price and investor sentiment, offering insights into the company's performance and future outlook.
Summary - CPSI (NASDAQ: CPSI) will rebrand as TruBridge, Inc. on March 4, 2024, consolidating its solutions to enhance market presence and support future growth.
Why It Matters - CPSI's rebranding to TruBridge signals a strategic shift aimed at enhancing market presence and growth, potentially impacting stock performance and investor sentiment positively.
Summary - PointClickCare Technologies has acquired American HealthTech, Inc., enhancing its healthcare technology platform and expanding its electronic health record solutions in the post-acute care market.
Why It Matters - PointClickCare's acquisition of American HealthTech enhances its position in the EHR market, potentially increasing revenue and market share, which could positively impact CPSI's stock performance.