69.94 0.00 (0.00%)
After hours: 4:43PM EDT
|Bid||69.07 x 800|
|Ask||70.07 x 800|
|Day's Range||69.41 - 70.45|
|52 Week Range||48.78 - 70.76|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||36.45|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||69.94|
Department of Veterans Affairs officials refused to attend a hearing designed to address concerns regarding the implementation of Cerner's electronic health record system.
KANSAS CITY, Mo., May 23, 2019 -- Cerner Corporation (Nasdaq: CERN) is hosting its Annual Shareholder Meeting on May 30, 2019. The meeting will begin at 10 a.m. CT and a live.
Cerner Corp.'s new near-site clinic concept increases its offerings, and may capture the attention of prospective acquirers, according to one area expert.
Doctors’ offices and hospitals have switched en masse from paper to digital records over the past decade. For investors, the first era of electronic records proved lucrative as the government pumped tens of billions of dollars into the industry. Most hospitals and doctors’ offices already have systems in place, and taxpayer support is drying up.
Today, Cerner (CERN), a global health platform and innovation company, unveiled Anuva Health™, its new near-site heath network offering. The offering combines in person and virtual health care services for employers looking to provide a unique benefit to employees to support improved health and lower costs. As health care costs continue to rise, employers are seeking ways to contain costs while fostering a healthy workforce.
By connecting a person’s EHR to each state’s prescription drug monitoring program database, physicians will have nationwide access to patient prescription drug information.
Cerner (CERN), a global health platform and innovation company, and DrFirst, a leading provider of medication management and data solutions, are working together on a new and innovative offering to help providers tackle the opioid epidemic. With DrFirst, Cerner will be able to connect the EHR to PDMPs in 46 states and Washington, D.C., with other states expected as they become available. Prescription drug and dispensed information collected in these state-specific databases are used to inform safer prescribing, support drug education efforts, research drug addiction and prevent substance use disorder.
Veterans Affairs' funding for an interoperable electronic health record system would jump $500 million from fiscal year 2019, and the Cerner contract would pull $1.1 billion of the total.
The Cerner co-founders had a side business that owned two golf courses. That business failed to capture tax credits from land donated for conservation, and it blames a Kansas City law firm.
Softek Solutions released its new Formulary Compliance Control to help current Cerner clients easily manage lists of insurance providers' preferred drugs.
Cerner Corp., along with its competitor Epic Systems Corp., ruled the electronic health record (EHR) market in 2018, with a combined 85 percent market share in the large, 500-plus-bed hospital space, according to KLAS Research reports cited in Healthcare Dive. The split is closer when it comes to all acute care hospitals in the U.S. In this larger market, Epic has a 28 percent market share and North Kansas City-based Cerner (Nasdaq: CERN) claims 26 percent of the market.
When I am analyzing a company to see if it could potentially be a good long-term investment, I always look at the insider buying. It goes without saying that they probably have a much better idea of what is happening in the company than most analysts. They certainly know more about it than I do. I especially like to see what they are doing after their company stock has fallen dramatically.I am not implying that there is anything illicit or illegal going on. When an insider wants to buy or sell their company's stock they can as long as they follow very strict procedures. They have to file their intent to buy or sell with the SEC, and they are subject to "blackout periods". These are times in which they cannot trade the stock. For example, insiders may be prohibited from buying or selling the stock in the thirty days before or after the earnings release is due to be reported.There are many reasons why an officer or a director of a company may decide to sell their stock. They could need to raise money for things such as tuitions, mortgages, weddings or divorce settlements.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut they only buy it for one reason: They believe that the stock is undervalued and eventually it will trade at a higher price where they can make a profit. * 10 Great Stocks to Buy on Dips These five stocks came up on my radar screen as potential buys due to the significant insider buying that has recently occurred. Range Resources Corp (RRC) Click to EnlargeRange Resources Corp (NYSE:RRC) develops and acquires natural gas and oil properties in the Appalachian and Midcontinent regions.Mark Succhi is the Chief Financial Officer and a Senior Vice President. On April 30, he invested $100,000 when he purchased 11,100 shares at $9.04. On March 11, a director named James Funk paid $9.80 for 10,000 shares.RRC stock has fallen by about 50% since November. It could have something to do with the fact that last year the company lost $7.1 per share … a loss of $1.75 billion. In 2017, net income was $330 million, or $1.35 per share.It seems that these two insiders believe that the selloff is overdone and that the stock is an attractive investment at these levels. GrubHub (GRUB) Click to EnlargeGrubHub (NYSE:GRUB) operates as an online and mobile food-ordering company, which connects diners with local takeout restaurants. Personally, every time I have ever tried to use the service they are late, so I've stopped using them.The stock price has fallen 50% since September. This could have something to do with their reduced earnings. In 2017 they earned $1.15 per share but in 2018 that fell to $.85. The current short interest, or percentage of daily volume that is held by short-sellers, is 17%. This is pretty high, but consider that all of these short sellers eventually need to buy the stock back. * 7 Tips for Financial Planners to Gain a Competitive Edge Maybe this is why the Chief Executive Officer invested $1 million of his own money when he paid $64.87 for 15,416 shares on April 30. Allison Transmission (ALSN) Click to EnlargeAllison Transmission (NYSE:ALSN) builds transmissions for heavy-duty equipment like tanks and bulldozers.G. Frederick Bohley is the Chief Financial Officer, the Treasurer, and a Vice President of the company. On April 26, he invested $230,000 of his own money when he paid $46 for 5,000 shares.One thing that stood out to me when I analyzed this company is that the price-to-earnings ratio is 9.31X, which is pretty low. Maybe this is one of the factors that Mr. Bohley considered when deciding to make his investment. Cerner (CERN) Click to EnlargeCerner (NASDAQ:CERN) designs, develops, markets, installs, hosts and supports healthcare information technology for healthcare organizations and consumers. It is a huge company with a $22 billion market capitalization and a global presence. * 10 Lithium Stocks to Buy Despite the Market's Irrationality On April 30, R. Halsey Wise, who is a Director of the company, spent $500,000 of his own personal funds when he bought 7,600 shares at $65.76. The stock has gained over 30% since the beginning of the year. Mr. Wise must believe that there is still considerable upside potential. Simmons First National (SFNC) Click to EnlargeSimmons First National (NASDAQ:SFNC) is a financial holding company. The company has been around since 1903. It provides a wide range of banking services to individual and corporate customers. It has financial centers in Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee and Texas.Mr. George Makris is the Chairman & Chief Executive Officer of Simmons First National. On April 25, he reported purchasing 5,000 shares at a price of $24.61. Eugene Hunt, who is a Director, purchased 1,000 shares on the same day at the same price.The price of the stock has fallen about 25% since last June. It's possible that these two insiders thought that the selloff is overdone when they decided to make their investments.As of this writing, Mark Putrino did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down Compare Brokers The post 5 Stocks to Buy Based on Insider Purchasing appeared first on InvestorPlace.
Cerner Corp NASDAQ/NGS:CERNView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CERN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CERN totaled $5.75 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Cerner is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Some chief executive officers were stepping up to the buy window as well. Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Biogen Inc (NASDAQ: BIIB) CEO Michel Vounatsos and a director last week acquired a total of nearly 122,700 shares of this noted biotech company.
The largest insider buys this week were Philip Morris International Inc. (PM), Biogen Inc. (BIIB), Cerner Corp. (CERN) and Archer Daniels Midland Co. (ADM). The share price has increased by 1.22% since then. Warning! GuruFocus has detected 6 Warning Sign with PM. Click here to check it out.
On April 25, MNG Enterprises reported in a filing that it held a stake of 8,506,799 shares in the news media publisher, equal to 7.5% of the tradable stock. MNG also revealed in the filing that it had halved the number of nominees for election to Gannett’s board at the upcoming annual shareholders meeting. Within this latest filing, ADW also listed a number of actions it has taken to spur the home retailer into exploring strategic alternatives for the firm.
Cerner Corp.'s employee count increase more than 600 percent during Julie Wilson's tenure as chief people officer.
Cerner (CERN), a global leader in health care technology, announced today that Julie Wilson, chief people officer, is retiring effective June 30, 2019. “Julie has done a great job as chief people officer and been a key contributor to the company’s growth for more than two decades,” said Brent Shafer, chairman and CEO, Cerner. “It has been a privilege working for Cerner these past 24 years,” said Wilson.
Cerner signed a cooperation agreement with Starboard Value. Now, the health IT company has to pay the activist investor's legal fees.
This week, we'll help you catch up with five significant continuing storylines, including changes at Cerner, the growth of AdventHealth Shawnee Mission, an influx of banks and more.
Cerner Corp. CFO Marc Naughton sent an email to a company distribution list Wednesday informing employees of a hiring pause. Cerner (Nasdaq: CERN) recently reached a cooperation agreement with activist investor Starboard Value LP and launched a set of strategic initiatives to strengthen operating performance. Naughton's email came just ahead of Cerner's first-quarter earnings announcement Thursday, in which CEO Brent Shafer acknowledged the North Kansas City-based health IT company's agreement with Starboard to add four new directors to the board and improve operating margins to 20 percent for the fourth quarter of 2019 and 22.5 percent for the fourth quarter of 2020.