In the last trading session, 5.29 million Clarivate Plc (NYSE:CLVT) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $4.31 changed hands at $0.07 or 1.65% during last session, the market valuation stood at $2.98B. CLVT’s last price was a discount, traded about -80.28% off its 52-week high of $7.77. The share price had its 52-week low at $3.96, which suggests the last value was 8.12% up since then. When we look at Clarivate Plc’s average trading volume, we note the 10-day average is 5.98 million shares, with the 3-month average coming to 5.39 million.
Analysts gave the Clarivate Plc (CLVT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.36. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended CLVT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Clarivate Plc (NYSE:CLVT) trade information
Instantly CLVT was in green as seen at the end of in last trading. With action 5.90%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -15.16%, with the 5-day performance at 5.90% in the green. However, in the 30-day time frame, Clarivate Plc (NYSE:CLVT) is -12.04% down. Looking at the short shares, we see there were 41.03 million shares sold at short interest cover period of 5.7 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 64.08% from its current market value. According to analyst projections, CLVT’s forecast low is 11 with 20 as the target high. To hit the forecast high, the stock’s price needs a -364.04% plunge from its current level, while the stock would need to soar -155.22% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.40%. The 2025 estimates are for Clarivate Plc earnings to decrease by -11.22%, but the outlook for the next 5-year period is at 1.98% per year.
CLVT Dividends
Clarivate Plc is expected to release its next quarterly earnings report on 2025-Feb-18.
Clarivate Plc (NYSE:CLVT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 16.27% of Clarivate Plc shares while 93.87% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 112.12%. There are 93.87% institutions holding the Clarivate Plc stock share, with LEONARD GREEN & PARTNERS, L.P. the top institutional holder. As of 2024-06-30, the company held 17.0167% of the shares, roughly 116.67 million CLVT shares worth $663.83 million.
EXOR N.V. holds the second largest percentage of outstanding shares, with 9.8155% or 67.29 million shares worth $382.91 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Alps Ser Tr-Clarkston Partners Fd and Price (T.Rowe) Mid-Cap Value Fund . With 17.61 shares estimated at $75.9 million under it, the former controlled 2.55% of total outstanding shares. On the other hand, Price (T.Rowe) Mid-Cap Value Fund held about 2.30% of the shares, roughly 15.91 shares worth around $68.57 million.
