For its fourth fiscal quarter (ending December 31), Computer Programs and Systems In (NASDAQ: CPSI) has reported a -1818% decline in E.P.S. from $0.17 a year ago to $-2.92 in the current quarter. This performance was $-3.27 short of the consensus estimate of $0.35. E.P.S. were $-3.15 for the latest four quarters through December 31 versus $1.08 for the same period a year ago — a decline of -392%.
Recent Price Action
Computer Programs and Systems In (NASDAQ: CPSI) stock closed at $8.86 on 2/29/24 after a slight decline of -0.4%. This decline was accompanied by normal trading volume. The stock has been extremely weak relative to the market over the last nine months and has declined -11.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CPSI is expected to continue to be a modest Value Builder.
Computer Programs and Systems In has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Computer Programs and Systems In has a very high Appreciation Score of 90 but a very low Power Rating of 7, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
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