After finishing at $1.70 in the prior trading day, Cerus Corp. (NASDAQ: CERS) closed at $1.75, up 3.24%. On the day, 2030501 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on April 12, 2024, initiated with a Buy rating and assigned the stock a target price of $5.
Stephens Downgraded its Overweight to Equal-Weight on January 17, 2023, while the target price for the stock was maintained at $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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 6.02.
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.
Shares Statistics:
A total of 181.25M shares are outstanding, with a floating share count of 171.96M. Insiders hold about 5.14% of the company’s shares, while institutions hold 74.41% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 5 different market 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.
