Piper Jaffray analyst Sean Wieland reiterated a Hold rating on CPSI (NASDAQ: CPSI) yesterday and set a price target of $29. The company’s shares closed yesterday at $26.40, close to its 52-week low of $25.15.
According to TipRanks.com, Wieland is a top 100 analyst with an average return of 27.0% and a 69.9% success rate. Wieland covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, Medidata Solutions, and Quality Systems.
The word on The Street in general, suggests a Hold analyst consensus rating for CPSI with a $27 average price target, implying a 2.3% upside from current levels. In a report issued on August 2, Cantor Fitzgerald also reiterated a Hold rating on the stock with a $28 price target.
.
See today’s analyst top recommended stocks >>
Based on CPSI’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $328K. In comparison, last year the company had a net profit of $1.54 million.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Computer Programs & Systems, Inc. engages in the provision of healthcare information technology solutions and services. It operates through the following segments: Acute Care EHR, Post-acute Care EHR, and TruBridge. The Acute EHR segment consists of acute care software solutions and support generated by Evident and Healthand.
