In last trading session, Cerus Corp (NASDAQ:CERS) saw 2.72 million shares changing hands with its beta currently measuring 1.20. Company’s recent per share price level of $1.81 trading at $0.15 or 9.04% at ring of the bell on the day assigns it a market valuation of $336.15M. That closing price of CERS’s stock is at a discount of -43.09% from its 52-week high price of $2.59 and is indicating a premium of 23.76% from its 52-week low price of $1.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.24 million shares which gives us an average trading volume of 1.29 million if we extend that period to 3-months.

For Cerus Corp (CERS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.

Cerus Corp (NASDAQ:CERS) trade information

Upright in the green during last session for gaining 9.04%, in the last five days CERS remained trading in the green while hitting it’s week-highest on Thursday, 10/31/24 when the stock touched $1.81 price level, adding 1.09% to its value on the day. Cerus Corp’s shares saw a change of -16.20% in year-to-date performance and have moved 5.23% in past 5-day. Cerus Corp (NASDAQ:CERS) showed a performance of 5.23% in past 30-days. Number of shares sold short was 7.35 million shares which calculate 5.86 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 54.75% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -65.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -65.75% for stock’s current value.

Cerus Corp (CERS) estimates and forecasts

Statistics highlight that Cerus Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -3.72% of value to its shares in past 6 months, showing an annual growth rate of 40.00% while that of industry is 11.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 24.00% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 52.7M for the same. And 3 analysts are in estimates of company making revenue of 47.99M in the next quarter. Company posted 46.77M and 38.37M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 13.81% during past 5 years.

Cerus Corp (NASDAQ:CERS)’s Major holders

Insiders are in possession of 3.27% of company’s total shares while institution are holding 74.75 percent of that, with stock having share float percentage of 77.28%. Investors also watch the number of corporate investors in a company very closely, which is 74.75% institutions for Cerus Corp that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at CERS for having 19.9 million shares of worth $35.02 million. And as of 2024-06-30, it was holding 10.9288 of the company’s outstanding shares.

The second largest institutional holder is BAKER BROS. ADVISORS LP, which was holding about 19.48 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.6965 of outstanding shares, having a total worth of $34.28 million.