From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. You can find more information on all of these metrics, and much more, on .įrom thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 38% of all 250+ industries. The Medical Info Systems industry is part of the Medical sector. CERN's industry had an average PEG ratio of 1.82 as of yesterday's close. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. It is also worth noting that CERN currently has a PEG ratio of 1.94. Its industry sports an average Forward P/E of 20.84, so we one might conclude that Cerner is trading at a premium comparatively. Valuation is also important, so investors should note that Cerner has a Forward P/E ratio of 24.82 right now. Cerner is currently sporting a Zacks Rank of #2 (Buy). Within the past 30 days, our consensus EPS projection remained stagnant. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). This model considers these estimate changes and provides a simple, actionable rating system. Investors can capitalize on this by using the Zacks Rank. Our research shows that these estimate changes are directly correlated with near-term stock prices. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Recent revisions tend to reflect the latest near-term business trends. Our most recent consensus estimate is calling for quarterly revenue of $1.49 billion, up 6.53% from the year-ago period.Īny recent changes to analyst estimates for Cerner should also be noted by investors. Get daily stock ideas from top-performing Wall Street analysts. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. The company is expected to report EPS of $0.88, up 12.82% from the prior-year quarter. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Oracle (NYSE: ORCL) and Cerner (NASDAQ: CERN) stock are in the news Monday thanks to a massive acquisition deal between the two companies. Wall Street will be looking for positivity from Cerner as it approaches its next earnings report date.
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