As of close of business last night, Clarivate Plc’s stock clocked out at $6.79, down -1.02% from its previous closing price of $6.86. On the day, 9266018 shares were traded.
Ratios:
To gain a deeper understanding of CLVT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.02. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.80.
On October 16, 2023, Jefferies Upgraded its rating to Buy which previously was Hold and also lowered its target price recommendation from $10 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on September 08, 2023, whereas the target price for the stock was revised from $8 to $7.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 0.98.
Stock Price History:
Over the past 52 weeks, CLVT has reached a high of $10.03, while it has fallen to a 52-week low of $6.07.
Shares Statistics:
A total of 666.10M shares are outstanding, with a floating share count of 368.95M. Insiders hold about 44.63% of the company’s shares, while institutions hold 64.54% stake in the company.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.14 for the current quarter, with a high estimate of $0.15 and a low estimate of $0.13, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.19, with high estimates of $0.2 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.76 and $0.7 for the fiscal current year, implying an average EPS of $0.74. EPS for the following year is $0.8, with 11 analysts recommending between $0.84 and $0.77.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $614.86M. It ranges from a high estimate of $618.56M to a low estimate of $606.01M. As of the current estimate, Clarivate Plc’s year-ago sales were $622.64M, an estimated decrease of -1.20% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $662.31M, a decrease of -1.00% over than the figure of -$1.20% in the same quarter last year. There is a high estimate of $671.8M for the next quarter, whereas the lowest estimate is $653.92M.
A total of 11 analysts have provided revenue estimates for CLVT’s current fiscal year. The highest revenue estimate was $2.63B, while the lowest revenue estimate was $2.6B, resulting in an average revenue estimate of $2.62B. In the same quarter a year ago, actual revenue was $2.63B, down -0.50% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $2.69B in the next fiscal year. The high estimate is $2.72B and the low estimate is $2.67B. The average revenue growth estimate for next year is up 2.60% from the average revenue estimate for this year.
