During the last session, Cerus Corp (NASDAQ:CERS)’s traded shares were 1.58 million, with the beta value of the company hitting 1.68. At the end of the trading day, the stock’s price was $1.61, reflecting an intraday gain of 1.90% or $0.03. The 52-week high for the CERS share is $2.59, that puts it down -60.87 from that peak though still a striking 14.29% gain since the share price plummeted to a 52-week low of $1.38. The company’s market capitalization is $299.12M, and the average trade volume was 1.41 million shares over the past three months.
Cerus Corp (CERS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. CERS has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.04.
Cerus Corp (NASDAQ:CERS) trade information
Cerus Corp (CERS) registered a 1.90% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.90% in intraday trading to $1.61, hitting a weekly high. The stock’s 5-day price performance is -1.83%, and it has moved by -10.56% in 30 days. Based on these gigs, the overall price performance for the year is -26.15%.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 46.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, CERS is trading at a discount of -86.34% off the target high and -86.34% off the low.
Cerus Corp (CERS) estimates and forecasts
In the rating firms’ projections, revenue will increase 16.08% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 46.13M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 52.19M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 38.37M and 45.08M respectively. In this case, analysts expect current quarter sales to grow by 20.24% and then jump by 15.78% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 25.97%. While earnings are projected to return 21.82% in 2025.
CERS Dividends
Cerus Corp is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 19.48 million shares, is of BAKER BROS. ADVISORS LP’s that is approximately 10.5293% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $34.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cerus Corp (CERS) shares are ARK ETF Tr-ARK Innovation ETF and Wasatch Ultra Growth Fund . Data provided on Dec 31, 2024 indicates that ARK ETF Tr-ARK Innovation ETF owns about 11.97 shares. This amounts to just over 6.44 percent of the company’s overall shares, with a $19.28 million market value. The same data shows that the other fund manager holds slightly less at 7.71, or about 4.15% of the stock, which is worth about $12.42 million.
