The closing price of Clarivate Plc (NYSE: CLVT) was $7.36 for the day, down -3.41% from the previous closing price of $7.62. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 3865445 shares were traded. CLVT stock price reached its highest trading level at $7.77 during the session, while it also had its lowest trading level at $7.36.
Ratios:
Our analysis of CLVT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.77. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CLVT now has a Market Capitalization of 4.92B and an Enterprise Value of 10.75B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 4.09 whereas that against EBITDA is -1.02k.
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. The 50-Day Moving Average of the stock is 8.12, while the 200-Day Moving Average is calculated to be 7.95.
Shares Statistics:
CLVT traded an average of 4.07M shares per day over the past three months and 3.55M shares per day over the past ten days. A total of 666.10M shares are outstanding, with a floating share count of 369.32M. Insiders hold about 44.57% of the company’s shares, while institutions hold 64.59% stake in the company. Shares short for CLVT as of Mar 15, 2024 were 33.92M with a Short Ratio of 8.34, compared to 38.48M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.08% and a Short% of Float of 6.60%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. 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 $0.81, with 10 analysts recommending between $0.84 and $0.77.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $628.1M to a low estimate of $609.68M. As of the current estimate, Clarivate Plc’s year-ago sales were $622.64M, an estimated decrease of -0.60% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $662.76M, a decrease of -0.90% less than the figure of -$0.60% in the same quarter last year. There is a high estimate of $671.8M for the next quarter, whereas the lowest estimate is $653.37M.
A total of 10 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 -0.40% from the average estimate. Based on 10 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.
