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Cerner Corporation CERN

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Price alert · CERN

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94.92 0.00 0.00%

As of Apr 24, 3:47 PM ET

94.92 Day range 94.99

52-week range unavailable

Open
94.98
Prev close
94.92
Mkt cap
27.92B
Vol
38.20M
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
1.14%
More statistics
Low
94.92
High
94.99
Forward P/E
22.82
Beta
0.76
Short ratio
3.21
Inst. own
85.69%
Dividend
1.08
Ex-div date
Mar 24, 2022
Earnings
Jul 29, 2022
50-d avg
93.94
200-d avg
85.47
1y target
94.40

2Y chart

Chart tools
Interval

Events in this range
  • Dec 20, 2021Rating: Morgan Stanley · Underweight → Equal-Weight
  • Dec 21, 2021Downgrade: SVB Leerink · Outperform → Market Perform
  • Dec 21, 2021Downgrade: RBC Capital · Outperform → Sector Perform
  • Dec 21, 2021Rating: Morgan Stanley · — → Equal-Weight
  • Dec 22, 2021Downgrade: Keybanc · Overweight → Sector Weight
  • Dec 23, 2021Dividend: 0.27
  • Feb 22, 2022Earnings: —; estimate 0.88; surprise —%
  • Mar 25, 2022Dividend: 0.27
  • Apr 11, 2022Downgrade: Argus Research · Buy → Hold
  • May 3, 2022Earnings: —; estimate 0.89; surprise —%
Signals (9)
NameDateAgo
MACD: Buy SignalMay 25, 20224 years ago
MACD: Sell SignalMay 18, 20224 years ago
MACD: Buy SignalApr 25, 20224 years ago
MACD: Sell SignalMar 7, 20224 years ago
MACD: Buy SignalFeb 28, 20224 years ago
RSI: OverboughtFeb 25, 20224 years ago
MACD: Sell SignalJan 7, 20224 years ago
RSI: OverboughtDec 17, 20214 years ago
RSI: OversoldNov 30, 20214 years ago

Key statistics

Market cap
27.92B
Enterprise value
28.65B
Trailing P/E
48.06
Forward P/E
22.82
PEG ratio
1.65
Price / sales
4.81
Price / book
7.14
EPS (TTM)
1.98
Beta
0.76
Dividend yield
1.14%
Payout ratio
49.49%
Profit margin
10.15%
Revenue (TTM)
5.81B
Revenue growth
3.00%
Free cash flow
1.18B
Total cash
880.71M
Total debt
1.61B
Return on equity
14.34%
Shares outstanding
294.10M
Short % of float
3.47%
50-day average
93.94
200-day average
85.47

Analyst view

Consensus: hold

Hold
Price target (mean) 94.40 -0.5% downside
Target (low)
88.00
Target (mean)
94.40
Target (high)
100.00
Ratings (0m) 20 11 buy · 9 hold · 0 sell
  • Strong buy6
  • Buy5
  • Hold9
  • Sell0
  • Strong sell0

Next earnings

Jul 29, 2022

Expected Jul 29, 2022. Consensus EPS estimate 0.89.

Earnings history

Financials — quick view

All financials
CERN Revenue — quarterly 1.43B
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022
CERN Net income — quarterly 206.13M
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022
CERN EPS — quarterly 0.70
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022

Earnings

CERN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jul 29, 2022Jun 1, 20220.89———
May 3, 2022Mar 1, 20220.89———
Feb 22, 2022Dec 1, 20210.88———
Oct 29, 2021Sep 1, 20210.82———
Jul 30, 2021Jun 1, 20210.76———
May 5, 2021Mar 1, 20210.74———

Upgrades / downgrades

CERN analyst upgrades and downgrades
DateFirmActionFromTo
Apr 11, 2022Argus ResearchdownBuyHold
Dec 22, 2021KeybancdownOverweightSector Weight
Dec 21, 2021Morgan Stanleymain—Equal-Weight
Dec 21, 2021RBC CapitaldownOutperformSector Perform
Dec 21, 2021SVB LeerinkdownOutperformMarket Perform
Dec 20, 2021Morgan StanleyupUnderweightEqual-Weight

About Cerner Corporation

Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. It offers Cerner Millennium architecture, a person-centric computing framework, which includes clinical, financial, and management information systems that allow providers to access an individual's electronic health record (EHR) at the point of care, and organizes and delivers information for physicians, nurses, laboratory technicians, pharmacists, front- and back-office professionals, and consumers. The company also provides HealtheIntent platform, a cloud-based platform to aggregate, transform, and reconcile data across the continuum of care; and CareAware, an EHR agnostic platform that facilitates connectivity of health care devices to EHRs. In addition, it offers a portfolio of clinical and financial healthcare information technology solutions, as well as departmental and care coordination solutions. Further, the company provides tech-enabled services, such as implementation and training, remote hosting, application management, revenue cycle, support and maintenance, health care data analysis, real-world evidence, clinical process optimization, transaction processing, employer health centers, and data-driven services; and complementary hardware and devices for third parties. It serves integrated delivery networks, physician groups and networks, managed care organizations, hospitals, medical centers, free-standing reference laboratories, home health agencies, blood banks, imaging centers, pharmacies, pharmaceutical manufacturers, employers, governments, and public health organizations. The company was founded in 1979 and is headquartered in North Kansas City, Missouri. As of June 8, 2022, Cerner Corporation operates as a subsidiary of Oracle Corporation.

Sector
Healthcare
Industry
Health Information Services
Country
United States
Website
cerner.com

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Insider holders

CERN insider holders
InsiderRelationLatest transactionDateShares held
BATTAGLIOLI MICHAEL RICHARDOfficerSaleMay 3, 20223,783
DALTON TRAVISOfficerConversion of Exercise of derivative securityDec 19, 202119,718
DANIELS MITCHELL E JR.DirectorStock Award(Grant)May 18, 20210
DEVERS DANIELOfficerSaleMar 3, 202210,131
ERCEG MARK JChief Financial OfficerConversion of Exercise of derivative securityDec 19, 202143,905
FEINBERG DAVID TChief Executive OfficerConversion of Exercise of derivative securityDec 28, 202131,319

Institution ownership

CERN institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)10.92%32,129,8383.01BMar 30, 2022
Blackrock Inc.8.11%23,841,1252.23BMar 30, 2022
State Street Corporation4.63%13,602,6281.27BMar 30, 2022
Goldman Sachs Group Inc3.13%9,219,397862.57MMar 30, 2022
Bank of America Corporation2.38%7,005,345655.42MMar 30, 2022
JP Morgan Chase & Company2.21%6,499,895608.13MMar 30, 2022

Fund ownership

CERN fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.88%8,463,710791.86MMar 30, 2022
Vanguard Mid-Cap Index Fund2.26%6,659,965623.11MMar 30, 2022
Vanguard 500 Index Fund2.19%6,439,305602.46MMar 30, 2022
SPDR S&P 500 ETF Trust1.09%3,206,095299.96MMar 30, 2022
Fidelity 500 Index Fund1.04%3,056,470285.96MMar 30, 2022
iShares Core S&P 500 ETF0.87%2,558,349239.36MMar 30, 2022
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