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The closing price of Cerus Corp. (NASDAQ: CERS) was $1.75 for the day, up 2.34% from the previous closing price of $1.71. In other words, the price has increased by $2.34 from its previous closing price. On the day, 1.02 million shares were traded. CERS stock price reached its highest trading level at $1.8 during the session, while it also had its lowest trading level at $1.72.
Ratios:
Our analysis of CERS’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 317245248 and an Enterprise Value of 348185760. 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. Its current Enterprise Value per Revenue stands at 2.227 whereas that against EBITDA is -14.675.
Stock Price History:
The Beta on a monthly basis for CERS is 1.30, which has changed by -0.1898148 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 -10.70%, while the 200-Day Moving Average is calculated to be -7.43%.
Shares Statistics:
CERS traded an average of 1.58M shares per day over the past three months and 785480 shares per day over the past ten days. 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 79.16% stake in the company. Shares short for CERS as of 1713139200 were 5917086 with a Short Ratio of 3.73, compared to 1710460800 on 5067655. Therefore, it implies a Short% of Shares Outstanding of 5917086 and a Short% of Float of 3.36.
Earnings Estimates
A detailed examination of Cerus Corp. (CERS) is currently in progress, with 6.0 analysts providing valuable insights into its market dynamics.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 5.0 analysts recommending between -$0.04 and -$0.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. 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 $30.97MFor the next quarter, 6 analysts are estimating revenue of $47.23M. There is a high estimate of $50.6M for the next quarter, whereas the lowest estimate is $42.5M.
A total of 6 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 $190.89M. In the same quarter a year ago, actual revenue was $156.37MBased on 6 analysts’ estimates, the company’s revenue will be $213.54M in the next fiscal year. The high estimate is $236.5M and the low estimate is $195.2M.
