Cerner Corporation (CERN): From Top to Bottom

Cerner Corporation (CERN) is an interesting player in the Technology space, with a focus on Healthcare Information Services. The stock has been active on the tape, currently trading at $59.97, up from yesterday’s close by 2.86%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Cerner Corporation (CERN) currently trades with a market capitalization of $19.41 Billion. That value represents a market adjusting for revenues that have been growing by 2.57 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.06 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.65 on a per share basis this quarter. Perhaps, that suggests something about why 0.55% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how CERN has been acting. Looking at the stock’s movement on the chart, Cerner Corporation recorded a 52-week high of $73.86. It is now trading 13.89% off that level. The stock is trading $59.02 its 50-day moving average by -0.95%. The stock carved out a 52-week low down at $52.05.

In recent action, Cerner Corporation (CERN) has made a move of +1.15% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.61, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.05% with $315.78 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of CERN.

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