Cerus Corp. (NASDAQ: CERS) closed the day trading at $1.99 down -6.13% from the previous closing price of $2.12. In other words, the price has decreased by -$0.1300 from its previous closing price. On the day, 1668326 shares were traded.
Ratios:
For a better understanding of CERS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 1.97 whereas as Long-Term Debt/Eq ratio is at 1.53.
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 Dec 13 when BJERKHOLT ERIC bought 10,000 shares for $1.62 per share. The transaction valued at 16,200 led to the insider holds 142,133 shares of the business.
Lucena Ann bought 7,500 shares of CERS for $12,638 on Aug 22. The Director now owns 72,284 shares after completing the transaction at $1.69 per share. On Aug 21, another insider, BJERKHOLT ERIC, who serves as the Director of the company, bought 10,000 shares for $1.72 each. As a result, the insider paid 17,151 and bolstered with 132,133 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 358.77M and an Enterprise Value of 374.68M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 7.49. Its current Enterprise Value per Revenue stands at 2.44 whereas that against EBITDA is -9.63.
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 2.0754, while the 200-Day Moving Average is calculated to be 1.9720.
Shares Statistics:
Over the past 3-months, CERS traded about 1.31M shares per day on average, while over the past 10 days, CERS traded about 909.57k shares per day. A total of 177.58M shares are outstanding, with a floating share count of 175.01M. Insiders hold about 3.42% of the company’s shares, while institutions hold 74.43% stake in the company. Shares short for CERS as of Feb 15, 2024 were 4.32M with a Short Ratio of 3.29, compared to 4.23M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.38% and a Short% of Float of 2.46%.
Earnings Estimates
Current recommendations for the stock of the company come from 5 analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.03, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.21 and -$0.23 for the fiscal current year, implying an average EPS of -$0.22. EPS for the following year is -$0.11, with 5 analysts recommending between -$0.08 and -$0.14.
Revenue Estimates
5 analysts predict $49.27M in revenue for the current quarter. It ranges from a high estimate of $54.3M to a low estimate of $45.4M. As of the current estimate, Cerus Corp.’s year-ago sales were $44.03M, an estimated increase of 11.90% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $43.74M, an increase of 41.20% over than the figure of $11.90% in the same quarter last year. There is a high estimate of $49.2M for the next quarter, whereas the lowest estimate is $36.93M.
A total of 4 analysts have provided revenue estimates for CERS’s current fiscal year. The highest revenue estimate was $186.5M, while the lowest revenue estimate was $155M, resulting in an average revenue estimate of $163.58M. In the same quarter a year ago, actual revenue was $162.05M, up 0.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $185.87M in the next fiscal year. The high estimate is $205M and the low estimate is $172.9M. The average revenue growth estimate for next year is up 13.60% from the average revenue estimate for this year.
