Cerus Corp. (NASDAQ: CERS) closed the day trading at $1.89 up 5.59% from the previous closing price of $1.79. In other words, the price has increased by $+0.1000 from its previous closing price. On the day, 1229890 shares were traded. CERS stock price reached its highest trading level at $1.9100 during the session, while it also had its lowest trading level at $1.7950.
Ratios:
For a better understanding of CERS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.40.
On January 17, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $3.75.
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 Mar 14 ’24 when Greenman William Mariner sold 63,611 shares for $2.02 per share. The transaction valued at 128,195 led to the insider holds 3,181,281 shares of the business.
Jayaraman Vivek K sold 26,794 shares of CERS for $52,902 on Mar 14 ’24. The Chief Operating Officer now owns 878,653 shares after completing the transaction at $1.97 per share. On Mar 14 ’24, another insider, Green Kevin Dennis, who serves as the Chief Financial Officer of the company, sold 21,497 shares for $1.97 each. As a result, the insider received 42,444 and left with 618,750 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, CERS now has a Market Capitalization of 342.62M and an Enterprise Value of 372.77M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.19 while its Price-to-Book (P/B) ratio in mrq is 6.51. Its current Enterprise Value per Revenue stands at 2.38 whereas that against EBITDA is -14.15.
Stock Price History:
Over the past 52 weeks, CERS has reached a high of $3.08, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is 2.0640, while the 200-Day Moving Average is calculated to be 1.9583.
Shares Statistics:
Over the past 3-months, CERS traded about 1.67M shares per day on average, while over the past 10 days, CERS traded about 3.59M shares per day. A total of 181.25M shares are outstanding, with a floating share count of 171.95M. Insiders hold about 5.15% of the company’s shares, while institutions hold 74.40% stake in the company. Shares short for CERS as of Mar 15, 2024 were 5.07M with a Short Ratio of 3.03, compared to 4.32M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 2.88%.
Earnings Estimates
Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.07, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.02 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.08 and -$0.13 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is -$0.06, with 4 analysts recommending between -$0.04 and -$0.09.
Revenue Estimates
5 analysts predict $40.78M in revenue for the current quarter. It ranges from a high estimate of $44.8M to a low estimate of $36.4M. As of the current estimate, Cerus Corp.’s year-ago sales were $30.97M, an estimated increase of 31.70% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $46.85M, an increase of 20.60% less than the figure of $31.70% in the same quarter last year. There is a high estimate of $50.6M for the next quarter, whereas the lowest estimate is $42.5M.
A total of 5 analysts have provided revenue estimates for CERS’s current fiscal year. The highest revenue estimate was $200M, while the lowest revenue estimate was $173.3M, resulting in an average revenue estimate of $189.35M. In the same quarter a year ago, actual revenue was $156.37M, up 21.10% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $212.84M in the next fiscal year. The high estimate is $236.5M and the low estimate is $195.2M. The average revenue growth estimate for next year is up 12.40% from the average revenue estimate for this year.
