Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Computer Programs and Systems In (NASDAQ: CPSI) improved during the last several trading days. CPSI’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 1/5/24, Computer Programs and Systems In (NASDAQ: CPSI) stock declined by -2.1%, closing at $10.02. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -7.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above 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). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Computer Programs and Systems In has a very high Appreciation Score of 88 but a very low Power Rating of 1, producing the Low Neutral Value Trend Rating.
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