After finishing at $16.95 in the prior trading day, Certara Inc (NASDAQ: CERT) closed at $16.88, down -0.41%. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1007040 shares were traded.
Ratios:
Our goal is to gain a better understanding of CERT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.32. For the most recent quarter (mrq), Quick Ratio is recorded 2.62 and its Current Ratio is at 2.62. 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 this company, Leerink Partners on February 26, 2024, initiated with a Market Perform rating and assigned the stock a target price of $19.
On December 07, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’24 when Traynor Richard M. sold 3,000 shares for $18.00 per share. The transaction valued at 54,000 led to the insider holds 173,524 shares of the business.
Traynor Richard M. sold 3,000 shares of CERT for $54,840 on Mar 04 ’24. The SVP AND GENERAL COUNSEL now owns 162,368 shares after completing the transaction at $18.28 per share. On Feb 20 ’24, another insider, SMITH PATRICK F, who serves as the PRESIDENT, DRUG DEV SOLUTIONS of the company, sold 5,000 shares for $18.00 each. As a result, the insider received 90,000 and left with 54,975 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CERT now has a Market Capitalization of 2.71B and an Enterprise Value of 2.78B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.61 while its Price-to-Book (P/B) ratio in mrq is 2.58. Its current Enterprise Value per Revenue stands at 7.84 whereas that against EBITDA is 116.47.
Stock Price History:
Over the past 52 weeks, CERT has reached a high of $24.96, while it has fallen to a 52-week low of $11.81. The 50-Day Moving Average of the stock is 17.57, while the 200-Day Moving Average is calculated to be 16.30.
Shares Statistics:
The stock has traded on average 539.43K shares per day over the past 3-months and 520.79k shares per day over the last 10 days, according to various share statistics. A total of 159.85M shares are outstanding, with a floating share count of 109.08M. Insiders hold about 31.76% of the company’s shares, while institutions hold 68.70% stake in the company. Shares short for CERT as of Mar 15, 2024 were 5.28M with a Short Ratio of 9.78, compared to 4.73M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.30% and a Short% of Float of 4.42%.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.1 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.08, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.11, with high estimates of $0.12 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.48 and $0.4 for the fiscal current year, implying an average EPS of $0.43. EPS for the following year is $0.52, with 9 analysts recommending between $0.61 and $0.46.
Revenue Estimates
8 analysts predict $93.79M in revenue for the current quarter. It ranges from a high estimate of $97.75M to a low estimate of $89.5M. As of the current estimate, Certara Inc’s year-ago sales were $90.99M, an estimated increase of 3.10% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $95.66M, an increase of 5.80% over than the figure of $3.10% in the same quarter last year. There is a high estimate of $98.47M for the next quarter, whereas the lowest estimate is $92.5M.
A total of 10 analysts have provided revenue estimates for CERT’s current fiscal year. The highest revenue estimate was $392.5M, while the lowest revenue estimate was $385M, resulting in an average revenue estimate of $388.43M. In the same quarter a year ago, actual revenue was $354.34M, up 9.60% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $430.26M in the next fiscal year. The high estimate is $444.3M and the low estimate is $421.93M. The average revenue growth estimate for next year is up 10.80% from the average revenue estimate for this year.
