After finishing at $2.14 in the prior trading day, Cerus Corp. (NASDAQ: CERS) closed at $2.03, down -5.14%. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 1502609 shares were traded.
Ratios:
Our goal is to gain a better understanding of CERS by taking a closer 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 08 ’24 when Benjamin Richard J sold 29,378 shares for $2.40 per share. The transaction valued at 70,457 led to the insider holds 478,061 shares of the business.
BJERKHOLT ERIC bought 10,000 shares of CERS for $16,200 on Dec 13 ’23. The Director now owns 142,133 shares after completing the transaction at $1.62 per share. On Aug 22 ’23, another insider, Lucena Ann, who serves as the Director of the company, bought 7,500 shares for $1.69 each. As a result, the insider paid 12,638 and bolstered with 72,284 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 387.95M and an Enterprise Value of 418.09M. 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 6.99. Its current Enterprise Value per Revenue stands at 2.67 whereas that against EBITDA is -15.87.
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 2.0724, while the 200-Day Moving Average is calculated to be 1.9813.
Shares Statistics:
The stock has traded on average 1.40M shares per day over the past 3-months and 1.69M shares per day over the last 10 days, according to various share statistics. A total of 181.25M shares are outstanding, with a floating share count of 171.75M. Insiders hold about 5.26% 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 3.21, 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
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.05, 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 -$0.14 for the fiscal current year, implying an average EPS of -$0.1. EPS for the following year is -$0.05, with 2 analysts recommending between -$0.04 and -$0.06.
Revenue Estimates
3 analysts predict $43.5M in revenue for the current quarter. It ranges from a high estimate of $44.8M to a low estimate of $42.21M. As of the current estimate, Cerus Corp.’s year-ago sales were $30.97M, an estimated increase of 40.40% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $49.56M, an increase of 27.60% less than the figure of $40.40% in the same quarter last year. There is a high estimate of $50.6M for the next quarter, whereas the lowest estimate is $48.78M.
A total of 4 analysts have provided revenue estimates for CERS’s current fiscal year. The highest revenue estimate was $200M, while the lowest revenue estimate was $172.9M, resulting in an average revenue estimate of $193.09M. In the same quarter a year ago, actual revenue was $156.37M, up 23.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $216.06M 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 11.90% from the average revenue estimate for this year.
