Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Computer Programs and Systems In (NASDAQ: CPSI) weakened in the last week. CPSI’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Computer Programs and Systems In (NASDAQ: CPSI) stock closed at $9.19 on 3/1/24 after a large increase of 3.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 291% of normal. The stock has risen 1.1% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CPSI is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Computer Programs and Systems In has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Computer Programs and Systems In has a good Appreciation Score of 76 but a very low Power Rating of 6, with the Negative Value Trend Rating the result.
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