SunTrust Robinson Remains a Hold on CPSI (CPSI)


SunTrust Robinson analyst Sandy Draper reiterated a Hold rating on CPSI (NASDAQ: CPSI) yesterday and set a price target of $30. The company’s shares closed yesterday at $26.90.

According to TipRanks.com, Draper is a 5-star analyst with an average return of 20.5% and a 78.9% success rate. Draper covers the Services sector, focusing on stocks such as PRA Health Sciences, IQVIA Holdings Inc, and Syneos Health Inc.

Currently, the analyst consensus on CPSI is a Hold with an average price target of $27, a 0.4% 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.

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Based on CPSI’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $320K. 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.

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