CERT (Certara Inc.) stock is in for a key growth catalyst

In the latest session, Certara Inc. (NASDAQ: CERT) closed at $18.53 up 1.98% from its previous closing price of $18.17. In other words, the price has increased by $+0.36 from its previous closing price. On the day, 561850 shares were traded. CERT stock price reached its highest trading level at $18.73 during the session, while it also had its lowest trading level at $18.25.

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Ratios:

For a deeper understanding of Certara Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.92. For the most recent quarter (mrq), Quick Ratio is recorded 4.00 and its Current Ratio is at 4.00. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.28.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 14, 2022, Downgraded its rating to Neutral and sets its target price to $19 from $17 previously.

On September 08, 2022, Berenberg started tracking the stock assigning a Buy rating and target price of $23.

On August 25, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $22.Credit Suisse initiated its Outperform rating on August 25, 2022, with a $22 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 08 when EQT Avatar Parent L.P. sold 29,954,521 shares for $15.00 per share. The transaction valued at 449,317,815 led to the insider holds 0 shares of the business.

Pedersen Leif E sold 51,223 shares of CERT for $796,518 on Nov 22. The PRESIDENT, SOFTWARE now owns 175,500 shares after completing the transaction at $15.55 per share. On Nov 15, another insider, SLAINE MASON P, who serves as the Director of the company, sold 245,793 shares for $15.57 each. As a result, the insider received 3,826,997 and left with 660,322 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 8.94 while its Price-to-Book (P/B) ratio in mrq is 2.76.

Stock Price History:

Over the past 52 weeks, CERT has reached a high of $28.62, while it has fallen to a 52-week low of $10.60. The 50-Day Moving Average of the stock is 16.34, while the 200-Day Moving Average is calculated to be 17.49.

Shares Statistics:

For the past three months, CERT has traded an average of 767.16K shares per day and 669.55k over the past ten days. A total of 157.14M shares are outstanding, with a floating share count of 152.81M. Insiders hold about 1.20% of the company’s shares, while institutions hold 87.40% stake in the company. Shares short for CERT as of Oct 13, 2022 were 1.91M with a Short Ratio of 2.72M, compared to 1.63M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.19% and a Short% of Float of 1.64%.

Earnings Estimates

There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.11, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.12, with high estimates of $0.13 and low estimates of $0.11.

Analysts are recommending an EPS of between $0.48 and $0.43 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.54, with 7 analysts recommending between $0.62 and $0.48.

Revenue Estimates

A total of 9 analysts have provided revenue estimates for CERT’s current fiscal year. The highest revenue estimate was $333M, while the lowest revenue estimate was $328.13M, resulting in an average revenue estimate of $330.74M. In the same quarter a year ago, actual revenue was $286.1M, up 15.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $375.54M in the next fiscal year. The high estimate is $386M and the low estimate is $360.54M. The average revenue growth estimate for next year is up 13.50% from the average revenue estimate for this year.