Cerner Z Score
CERN  Stock  USD 94.92 0.00 0.00% 
Cerner  Z Score 
Cerner Z Score Analysis
Cerner's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2017  2019  2021  2022 (projected)  
Revenue Per Employee  208.33 K  206.29 K  229.22 K  242.46 K 
Net Income Per Employee  19.38 K  29.23 K  22.09 K  27.49 K 
Z Score  =  Sum Of   5 Factors 
Current Cerner Z Score  25.69 
Most of Cerner's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cerner is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Cerner Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Cerner is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Cerner's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cerner's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cerner's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competitionIn accordance with the company's disclosures, Cerner has a Z Score of 25.69. This is 280.59% higher than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The z score for all United States stocks is 194.61% lower than that of the firm.
Cerner Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cerner's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cerner could also be used in its relative valuation, which is a method of valuing Cerner by comparing valuation metrics of similar companies.Cerner is currently under evaluation in z score category among related companies.
Cerner Fundamentals
Return On Equity  13.61 %  
Return On Asset  9.09 %  
Profit Margin  9.64 %  
Operating Margin  26.80 %  
Current Valuation  28.57 B  
Shares Outstanding  292.21 M  
Shares Owned by Insiders  0.13 %  
Shares Owned by Institutions  82.42 %  
Number of Shares Shorted  11.04 M  
Price to Earning  55.84 X  
Price to Book  7.33 X  
Price to Sales  4.81 X  
Revenue  5.76 B  
Gross Profit  4.76 B  
EBITDA  1.55 B  
Net Income  555.6 M  
Cash and Equivalents  842.47 M  
Cash per Share  2.87 X  
Total Debt  1.95 B  
Debt to Equity  0.53 %  
Current Ratio  1.51 X  
Book Value Per Share  12.96 X  
Cash Flow from Operations  1.77 B  
Short Ratio  4.68 X  
Earnings Per Share  1.70 X  
Price to Earnings To Growth  1.91 X  
Number of Employees  25.15 K  
Beta  0.81  
Market Capitalization  27.74 B  
Total Asset  789.14 M  
Retained Earnings  4.01 B  
Working Capital  282.13 M  
Current Asset  457.55 M  
Current Liabilities  175.41 M  
Z Score  25.69  
Last Dividend Paid  1.08 
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 techenabled 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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cerner without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run ETF Directory Now
ETF DirectoryFind actively traded Exchange Traded Funds (ETF) from around the world 
All Next  Launch Module 
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
0.62  AGTI  Agiliti  Earnings Call This Week  PairCorr  
0.79  CNVY  Convey Holding Parent  Earnings Call This Week  PairCorr  
0.72  DH  Definitive Healthcare  Downward Rally  PairCorr 
Moving against Cerner
0.89  KERN  Akerna Corp Cl  Earnings Call This Week  PairCorr  
0.89  AKA  AKA Brands Holding  Earnings Call This Week  PairCorr  
0.8  HLTH  Cue Health  Earnings Call This Week  PairCorr  
0.65  AIRG  Airgain  Earnings Call This Week  PairCorr 
The ability to find closely correlated positions to Cerner could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough 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 riskadjusted return on your portfolios.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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.
Pattern RecognitionUse different Pattern Recognition models to time the market across multiple global exchanges  Go  
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets  Go  
Insider ScreenerFind insiders across different sectors to evaluate their impact on performance  Go  
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios  Go  
Performance AnalysisCheck effects of meanvariance optimization against your current asset allocation  Go  
Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated  Go  
Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings  Go  
Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing  Go  
Efficient FrontierPlot and analyze your portfolio and positions against riskreturn landscape of the market.  Go  
Options AnalysisAnalyze and evaluate options and option chains as a potential hedge for your portfolios  Go  
Performance AnalysisCheck effects of meanvariance optimization against your current asset allocation  Go 