In today’s recent session, 0.62 million shares of the Clarivate Plc (NYSE:CLVT) have been traded, and its beta is 1.49. Most recently the company’s share price was $4.09, and it changed around -$0.06 or -1.57% from the last close, which brings the market valuation of the company to $2.83B. CLVT at last check was trading at a discount to its 52-week high of $7.77, offering almost -89.98% off that amount. The share price’s 52-week low was $4.11, which indicates that the recent value has fallen by an impressive -0.49% since then.
Clarivate Plc stock received a consensus recommendation rating of Hold, based on a mean score of 2.36. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended CLVT as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight. Clarivate Plc is expected to report earnings per share of 0.12 for the current quarter.
Clarivate Plc (NYSE:CLVT) trade information
Instantly CLVT has been showing red trend so far today with a performance of -1.57% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.66 on recent trading dayincreased the stock’s daily price by 12.23%. The company’s shares are currently down -19.59% year-to-date, but still down -10.22% over the last five days. On the other hand, Clarivate Plc (NYSE:CLVT) is -21.44% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 65.92% from its current value. Analyst projections state that CLVT is forecast to be at a low of $11 and a high of $20.
Clarivate Plc (CLVT) estimates and forecasts
The year-over-year growth rate is expected to be -8.00%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 574.03M in revenue for the current quarter. 6 analysts expect Clarivate Plc to make 593.36M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 621.2M and 650.3M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -7.59%. Forecasts for the next quarter put sales growth at -8.76%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.40%. Clarivate Plc earnings are expected to increase by -11.22% in 2025, but the outlook is positive 2.28% per year for the next five years.
Clarivate Plc (NYSE:CLVT)’s Major holders
EXOR N.V., with 9.8155% or 67.29 million shares worth $382.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Alps Ser Tr-Clarkston Partners Fd and Price (T.Rowe) Mid-Cap Value Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 17.61 shares worth $71.58 million, making up 2.55% of all outstanding shares. On the other hand, Price (T.Rowe) Mid-Cap Value Fund held roughly 15.91 shares worth around $64.67 million, which represents about 2.30% of the total shares outstanding.
