The price of Cerus Corp. (NASDAQ: CERS) closed at $1.87 in the last session, down -1.06% from day before closing price of $1.89. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 1055250 shares were traded.
Ratios:
We take a closer look at CERS’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 340.81M and an Enterprise Value of 370.96M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 6.44. Its current Enterprise Value per Revenue stands at 2.37 whereas that against EBITDA is -14.09.
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 2.0702, while the 200-Day Moving Average is calculated to be 1.9397.
Shares Statistics:
According to the various share statistics, CERS traded on average about 1.67M shares per day over the past 3-months and 1.29M shares per day over the past 10 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 Mar 15, 2024 were 5.07M with a Short Ratio of 3.04, compared to 4.32M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.80% and a Short% of Float of 2.88%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. 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
According to 5 analysts, the current quarter’s revenue is expected to be $40.78M. 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.
