The closing price of Cerus Corp. (NASDAQ: CERS) was $1.86 for the day, down -4.62% from the previous closing price of $1.95. In other words, the price has decreased by -$0.0900 from its previous closing price. On the day, 1227567 shares were traded.
Ratios:
Our analysis of CERS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 335.37M and an Enterprise Value of 365.52M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 6.40. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is -13.88.
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 2.0576, while the 200-Day Moving Average is calculated to be 1.9731.
Shares Statistics:
CERS traded an average of 1.66M shares per day over the past three months and 3.7M shares per day over the past ten days. 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 Feb 29, 2024 were 4.5M with a Short Ratio of 2.71, compared to 4.48M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.48% and a Short% of Float of 2.56%.
Earnings Estimates
The firm’s stock currently is rated by 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
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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 35.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $48.15M, an increase of 23.90% less than the figure of $35.90% 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 $194.55M. In the same quarter a year ago, actual revenue was $156.37M, up 24.40% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $217.84M 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 12.00% from the average revenue estimate for this year.
