In the latest session, Cerus Corp. (NASDAQ: CERS) closed at $2.21 down -0.45% from its previous closing price of $2.22. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 809708 shares were traded. CERS stock price reached its highest trading level at $2.3000 during the session, while it also had its lowest trading level at $2.1500.
Ratios:
For a deeper understanding of Cerus Corp.’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 400.45M and an Enterprise Value of 416.36M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.61 while its Price-to-Book (P/B) ratio in mrq is 8.31. Its current Enterprise Value per Revenue stands at 2.71 whereas that against EBITDA is -10.70.
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 2.0542, while the 200-Day Moving Average is calculated to be 1.9657.
Shares Statistics:
For the past three months, CERS has traded an average of 1.45M shares per day and 1.14M over the past ten days. 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 74.38% stake in the company. Shares short for CERS as of Jan 31, 2024 were 4.48M with a Short Ratio of 3.09, compared to 4.6M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.47% and a Short% of Float of 2.55%.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. 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
A total of 5 analysts believe the company’s revenue will be $49.27M this 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.
