In the latest session, Clarivate Plc (NYSE: CLVT) closed at $7.06 down -1.12% from its previous closing price of $7.14. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 5757026 shares were traded.
Ratios:
For a deeper understanding of Clarivate Plc’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 12.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 4.76B and an Enterprise Value of 10.59B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 4.03 whereas that against EBITDA is -1.01k.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $11.64, while it has fallen to a 52-week low of $6.07. The 50-Day Moving Average of the stock is 8.93, while the 200-Day Moving Average is calculated to be 8.04.
Shares Statistics:
For the past three months, CLVT has traded an average of 4.35M shares per day and 6.48M over the past ten days. A total of 666.10M shares are outstanding, with a floating share count of 371.09M. Insiders hold about 44.31% of the company’s shares, while institutions hold 64.80% stake in the company. Shares short for CLVT as of Feb 15, 2024 were 38.48M with a Short Ratio of 8.85, compared to 32.76M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.77% and a Short% of Float of 7.51%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.18 and a low estimate of $0.11, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.19, with high estimates of $0.22 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.85 and $0.7 for the fiscal current year, implying an average EPS of $0.76. EPS for the following year is $0.81, with 11 analysts recommending between $0.91 and $0.77.
Revenue Estimates
For the next quarter, 9 analysts are estimating revenue of $665.9M, a decrease of -0.40% less than the figure of $0.00% in the same quarter last year. There is a high estimate of $691.98M for the next quarter, whereas the lowest estimate is $653.37M.
A total of 11 analysts have provided revenue estimates for CLVT’s current fiscal year. The highest revenue estimate was $2.71B, while the lowest revenue estimate was $2.6B, resulting in an average revenue estimate of $2.63B. In the same quarter a year ago, actual revenue was $2.63B, down -0.10% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $2.7B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.67B. The average revenue growth estimate for next year is up 2.80% from the average revenue estimate for this year.
