Cerner Piotroski F Score

CERN
 Stock
  

USD 94.92  0.00  0.00%   

This module uses fundamental data of Cerner to approximate its Piotroski F score. Cerner F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Cerner. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Cerner financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Trending Equities.
  
Total Debt is expected to rise to about 2 B this year. Debt Current is expected to rise to about 279.2 M this year. Cerner Cash and Equivalents Turnover is quite stable at the moment as compared to the past year. The company's current value of Cash and Equivalents Turnover is estimated at 9.76. Return on Investment is expected to rise to 16.78 this year, although the value of Receivables Turnover will most likely fall to 4.59.
At this time, it appears that Cerner's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
8.0
Piotroski F Score - Strong
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Cerner Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Cerner is to make sure Cerner is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Cerner's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Cerner's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares296.2 M298.7 M
Slightly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted300.2 M301.3 M
Slightly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations1.6 B1.8 B
Moderately Down
Increasing
Slightly volatile
Total Assets7.2 B7.4 B
Sufficiently Down
Increasing
Slightly volatile
Total LiabilitiesB3.8 B
Significantly Down
Increasing
Slightly volatile
Current Assets2.5 B2.4 B
Fairly Up
Increasing
Slightly volatile
Current Liabilities1.4 B1.6 B
Fairly Down
Increasing
Slightly volatile
Total DebtB1.8 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets0.08050.073
Significantly Up
Decreasing
Slightly volatile
Gross Margin0.910.826
Significantly Up
Increasing
Slightly volatile
Asset Turnover0.850.753
Moderately Up
Decreasing
Very volatile

Cerner F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Cerner's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Cerner in a much-optimized way.

About Cerner Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value per Share

13.2

Cerner Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 13.20

About Cerner Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cerner's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cerner using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cerner based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. The company was founded in 1979 and is headquartered in North Kansas City, Missouri. Cerner operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 25150 people.

Cerner Investors Sentiment

The influence of Cerner's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cerner. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Cerner Implied Volatility

    
  0.94  
Cerner's implied volatility exposes the market's sentiment of Cerner stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cerner's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cerner stock will not fluctuate a lot when Cerner's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cerner in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cerner's short interest history, or implied volatility extrapolated from Cerner options trading.

Pair Trading with Cerner

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cerner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cerner will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cerner

0.88EVHEvolent Health Downward RallyPairCorr
0.77AAPLApple Inc Fiscal Year End 27th of October 2022 PairCorr

Moving against Cerner

0.7APIAgora Inc Ads Earnings Call  This WeekPairCorr
The ability to find closely correlated positions to Cerner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cerner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cerner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cerner to buy it.
The correlation of Cerner is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cerner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cerner moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cerner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Cerner information on this page should be used as a complementary analysis to other Cerner's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Other Tools for Cerner Stock

When running Cerner price analysis, check to measure Cerner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cerner is operating at the current time. Most of Cerner's value examination focuses on studying past and present price action to predict the probability of Cerner's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cerner's price. Additionally, you may evaluate how the addition of Cerner to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go