In the last trading session, 1.3 million Cerus Corp (NASDAQ:CERS) shares changed hands as the company’s beta touched 1.56. With the company’s per share price at $1.63 changed hands at -$0.01 or -0.61% during last session, the market valuation stood at $302.71M. CERS’s last price was a discount, traded about -58.9% off its 52-week high of $2.59. The share price had its 52-week low at $1.38, which suggests the last value was 15.34% up since then.
Analysts gave the Cerus Corp (CERS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CERS as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Cerus Corp’s EPS for the current quarter is expected to be -0.05.
Cerus Corp (NASDAQ:CERS) trade information
Instantly CERS was in red as seen at the end of in last trading. With action -12.37%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 5.84%, with the 5-day performance at -12.37% in the red. However, in the 30-day time frame, Cerus Corp (NASDAQ:CERS) is -17.26% down.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 45.67% from its current market value. According to analyst projections, CERS’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -84.05% plunge from its current level, while the stock would need to soar -84.05% for it to hit the projected low.
Cerus Corp (CERS) estimates and forecasts
Year-over-year growth is forecast to reach 14.83% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 45.3M. 5 analysts are of the opinion that Cerus Corp’s revenue for the current quarter will be 51.65M. The company’s revenue for the corresponding quarters a year ago was 38.37M and 45.08M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.09%. The estimates for the next quarter sales put growth at 14.59%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.97%. The 2025 estimates are for Cerus Corp earnings to increase by 21.82%.
CERS Dividends
Cerus Corp is expected to release its next quarterly earnings report in March.
BAKER BROS. ADVISORS LP holds the second largest percentage of outstanding shares, with 10.5293% or 19.48 million shares worth $34.28 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were ARK ETF Tr-ARK Innovation ETF and Wasatch Ultra Growth Fund . With 11.97 shares estimated at $19.52 million under it, the former controlled 6.45% of total outstanding shares. On the other hand, Wasatch Ultra Growth Fund held about 4.15% of the shares, roughly 7.71 shares worth around $12.57 million.
