In last trading session, Cerus Corp (NASDAQ:CERS) saw 1.2 million shares changing hands with its beta currently measuring 1.54. Company’s recent per share price level of $1.74 trading at -$0.07 or -3.87% at ring of the bell on the day assigns it a market valuation of $323.14M. That closing price of CERS’s stock is at a discount of -48.85% from its 52-week high price of $2.59 and is indicating a premium of 20.69% from its 52-week low price of $1.38.
For Cerus Corp (CERS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. 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 red during last session for losing -3.87%, in the last five days CERS remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $1.74 price level, adding 11.22% to its value on the day. Cerus Corp’s shares saw a change of 12.99% in year-to-date performance and have moved 1.16% in past 5-day. Cerus Corp (NASDAQ:CERS) showed a performance of -5.95% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 42.0% 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 3. It follows that stock’s current price would drop -72.41% in reaching the projected high whereas dropping to the targeted low would mean a loss of -72.41% for stock’s current value.
Cerus Corp (CERS) estimates and forecasts
This year revenue growth is estimated to rise 23.90% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 52.95M for the same. And 3 analysts are in estimates of company making revenue of 47.54M 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
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 10.7579 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 10.5293 of outstanding shares, having a total worth of $34.28 million.
On the other hand, ARK ETF Tr-ARK Innovation ETF and Wasatch Ultra Growth Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 11.97 shares of worth $20.83 million or 6.45% of the total outstanding shares. The later fund manager was in possession of 7.71 shares on Dec 31, 2024 , making its stake of worth around $13.42 million in the company or a holder of 4.15% of company’s stock.
