News Watch-List: Cerner (NASDAQ: CERN)

Cerner (NASDAQ: CERN) spotted trading -1.89% off 52-week high price. On the other end, the stock has been noted 52.85% away from the low price over the last 52-weeks. The stock changed 0.08% to recent value of $74.56. The stock transacted 1670517 shares during most recent day however it has an average volume of 2879.86K shares. The company has 318.72M of outstanding shares and 310.42M shares were floated in the market.

Cerner (NASDAQ: CERN), a global health platform and innovation company, released that Tracy Platt will join the company as its new Executive Vice President and Chief Human Resources Officer. She will be responsible for leading the company’s global Human Resources (HR) function, including organization development, integrated talent management, leadership development and culture. Platt has more than 20 years of experience and joins Cerner after spending nearly 10 years in executive HR roles at Medtronic, a global health care giant that develops and distributes medical devices. Platt succeeds Julie Wilson who spent 24 years at Cerner before retiring on June 30.

Platt is recognized as a mission-driven change agent with deep business expertise and brings invaluable health care experiences from Medtronic and other key organizations including Cardinal Health and GE Healthcare. She has spent much of her career in a variety of business transformation related roles serving in a primary leadership capacity during Medtronic’s 2015 acquisition of Covidien. Platt’s most recent role at Medtronic included HR leadership for their Global Operations organization and driving an enterprise-wide operating model transformation.

Brent Shafer, Chairman and CEO, Cerner said “I’m thrilled to add Tracy to our team”. “Earlier this year, Cerner introduced a new operating model to better align the company around faster, more scalable innovation and our clients’ success. Tracy brings a unique combination of deep HR experience and well-honed strategic and business capabilities. She also has the credentials to further cement the operating model across Cerner’s global organization.”

Tracy Platt said “This is an incredible opportunity”. “I am energized and honored to be a part of shaping the future of health care delivery through ground-breaking technology, talent development and fostering a culture of innovation. Cerner is in a key position to lead this evolution in health care, given its outstanding capabilities coupled with its unlimited potential. I look forward to be a part of this important journey.”

Platt holds professional certifications in executive coaching, lean-six sigma, change management, HRCI (GPHR/SPHR), organization development and has an MS in industrial/organizational psychology from Kansas State University. Tracy will officially begin her role with Cerner on July 15.

Its earnings per share (EPS) expected to touch remained -11.50% for this year while earning per share for the next 5-years is expected to reach at 12.30%. CERN has a gross margin of 82.40% and an operating margin of 14.20% while its profit margin remained 11.60% for the last 12 months.

According to the most recent quarter its current ratio was 2.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.89% from the mean of 20 days, 6.17% from mean of 50 days SMA and performed 22.49% from mean of 200 days price. Company’s performance for the week was 1.72%, 3.20% for month and YTD performance remained 42.18%.

Posted in

David Delorenzo

David is an author, journalist and has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. David has always been interested in the stock market and how it behaves.As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.Address: 4570 Barrington Court, Joiner, ArkansasPhone number: 870-537-3633Email: [email protected] 

Leave a Reply

Your email address will not be published. Required fields are marked *