Clarivate Plc (NYSE:CLVT)’s traded shares stood at 0.46 million during the latest session, with the company’s beta value hitting 1.28. At the last check today, the stock’s price was $4.63, to imply an increase of 1.75% or $0.08 in intraday trading. The CLVT share’s 52-week high remains $8.24, putting it -77.97% down since that peak but still an impressive 8.86% since price per share fell to its 52-week low of $4.22.
Analysts have given a consensus recommendation of Buy for Clarivate Plc (CLVT), translating to a mean rating of 2.36. Of 3 analyst(s) looking at the stock, 1 analyst(s) give CLVT a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.12.
Clarivate Plc (NYSE:CLVT) trade information
After registering a 1.75% upside in the latest session, Clarivate Plc (CLVT) has traded red over the past five days. The 5-day price performance for the stock is -4.35%, and -16.58% over 30 days. With these gigs, the year-to-date price performance is -8.86%.
The extremes give us $11 and $20 for target low and target high price respectively. As such, CLVT has been trading -331.97% off suggested target high and -137.58% from its likely low.
Clarivate Plc (CLVT) estimates and forecasts
The rating firms project that company’s revenue will shrink -7.28% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 570.44M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 592.59M.Earnings reports from the last fiscal year show that sales brought in 621.2M and 650.3M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -8.17% before dropping -8.87% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -0.40% for the past 5-year period. While 2025 is set for a -11.22% return in earnings, projections for the next 5 years are at 2.28% annually.
CLVT Dividends
Clarivate Plc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is EXOR N.V. with 67.29 million shares, or about 9.8155% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $382.91 million.
We also have Alps Ser Tr-Clarkston Partners Fd and Alps Ser Tr-Clarkston Founders Fd as the top two Mutual Funds with the largest holdings of the Clarivate Plc (CLVT) shares. Going by data provided on Dec 31, 2024 , Alps Ser Tr-Clarkston Partners Fd holds roughly 17.61 shares. This is just over 2.55% of the total shares, with a market valuation of $80.56 million. Data from the same date shows that the other fund manager holds a little less at 10.96, or 1.59% of the shares, all valued at about 50.16 million.