In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Cerus Corp (NASDAQ: CERS) closed at $1.64 in the last session, down -0.61% from day before closing price of $1.65. In other words, the price has decreased by -$0.61 from its previous closing price. On the day, 1.18 million 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 1.79 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 1.75 whereas as Long-Term Debt/Eq ratio is at 1.36.
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:
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 Dec 13 ’24 when Gregory Dean A. bought 1,725 shares for $1.70 per share. The transaction valued at 2,932 led to the insider holds 61,725 shares of the business.
BJERKHOLT ERIC sold 20,000 shares of CERS for $35,700 on Dec 12 ’24. The Director now owns 162,133 shares after completing the transaction at $1.78 per share. On Dec 16 ’24, another insider, Jensen Chrystal, who serves as the Chief Legal Officer of the company, sold 16,667 shares for $1.71 each. As a result, the insider received 28,501 and left with 457,578 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 5.69.
Stock Price History:
Over the past 52 weeks, CERS has reached a high of $2.59, while it has fallen to a 52-week low of $1.38. The 50-Day Moving Average of the stock is -6.26%, while the 200-Day Moving Average is calculated to be -12.42%.
Shares Statistics:
A total of 185.72M shares are outstanding, with a floating share count of 176.34M. Insiders hold about 5.05% of the company’s shares, while institutions hold 76.32% stake in the company.
Earnings Estimates
The dynamic stock of Cerus Corp (CERS) is currently attracting attention from 4.0 analysts actively involved in rating its market status.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 -$0.06 and -$0.16 for the fiscal current year, implying an average EPS of -$0.09. EPS for the following year is -$0.03, with 4.0 analysts recommending between $0.0 and -$0.05.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $46.49M. It ranges from a high estimate of $49.7M to a low estimate of $42M. As of the current estimate, Cerus Corp’s year-ago sales were $38.37MFor the next quarter, 5 analysts are estimating revenue of $52.85M. There is a high estimate of $56.1M for the next quarter, whereas the lowest estimate is $48.26M.
A total of 5 analysts have provided revenue estimates for CERS’s current fiscal year. The highest revenue estimate was $224M, while the lowest revenue estimate was $194.22M, resulting in an average revenue estimate of $211.96M. In the same quarter a year ago, actual revenue was $180.27MBased on 5 analysts’ estimates, the company’s revenue will be $228.23M in the next fiscal year. The high estimate is $245.4M and the low estimate is $209.14M.
