As of close of business last night, Certara Inc’s stock clocked out at $18.65, down -2.66% from its previous closing price of $19.16. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 729094 shares were traded. CERT stock price reached its highest trading level at $19.22 during the session, while it also had its lowest trading level at $18.43.
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Ratios:
To gain a deeper understanding of CERT’s stock, we examine its different 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 36.81. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Traynor Richard M. sold 3,000 shares for $18.28 per share. The transaction valued at 54,840 led to the insider holds 162,368 shares of the business.
SMITH PATRICK F sold 5,000 shares of CERT for $90,000 on Feb 20 ’24. The PRESIDENT, DRUG DEV SOLUTIONS now owns 54,975 shares after completing the transaction at $18.00 per share. On Feb 12 ’24, another insider, Traynor Richard M., who serves as the SVP AND GENERAL COUNSEL of the company, sold 6,000 shares for $18.00 each. As a result, the insider received 108,000 and left with 165,368 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 2.98B and an Enterprise Value of 3.05B. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.41 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 8.61 whereas that against EBITDA is 127.94.
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 17.15, while the 200-Day Moving Average is calculated to be 16.42.
Shares Statistics:
It appears that CERT traded 553.93K shares on average per day over the past three months and 638.91k shares per day over the past ten days. 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 68.75% stake in the company. Shares short for CERT as of Feb 29, 2024 were 4.69M with a Short Ratio of 8.47, compared to 4.59M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.94% and a Short% of Float of 3.93%.
Earnings Estimates
As of right now, 9 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 8 analysts expect revenue to total $93.79M. 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.
