In the last trading session, 1.3 million Certara Inc (NASDAQ:CERT) shares changed hands as the company’s beta touched 1.59. With the company’s per share price at $10.80 changed hands at -$0.24 or -2.17% during last session, the market valuation stood at $1.74B. CERT’s last price was a discount, traded about -77.59% off its 52-week high of $19.18. The share price had its 52-week low at $9.41, which suggests the last value was 12.87% up since then. When we look at Certara Inc’s average trading volume, we note the 10-day average is 1.37 million shares, with the 3-month average coming to 1.31 million.
Analysts gave the Certara Inc (CERT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.17. 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, 1 recommended CERT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Certara Inc’s EPS for the current quarter is expected to be 0.11.
Certara Inc (NASDAQ:CERT) trade information
Instantly CERT was in red as seen at the end of in last trading. With action -0.92%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 1.41%, with the 5-day performance at -0.92% in the red. However, in the 30-day time frame, Certara Inc (NASDAQ:CERT) is -23.89% down. Looking at the short shares, we see there were 5.37 million shares sold at short interest cover period of 3.78 days.
The consensus price target for the stock as assigned by Wall Street analysts is 14.5, meaning bulls need an upside of 25.52% from its current market value. According to analyst projections, CERT’s forecast low is 13 with 16 as the target high. To hit the forecast high, the stock’s price needs a -48.15% plunge from its current level, while the stock would need to soar -20.37% for it to hit the projected low.
Certara Inc (CERT) estimates and forecasts
Year-over-year growth is forecast to reach 9.34% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 104.84M. 9 analysts are of the opinion that Certara Inc’s revenue for the current quarter will be 104.02M. The company’s revenue for the corresponding quarters a year ago was 96.65M and 93.31M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.47%. The estimates for the next quarter sales put growth at 11.47%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.78%. The 2025 estimates are for Certara Inc earnings to increase by 1.53%, but the outlook for the next 5-year period is at 10.77% per year.
CERT Dividends
Certara Inc is expected to release its next quarterly earnings report on 2025-Feb-25.
Certara Inc (NASDAQ:CERT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.27% of Certara Inc shares while 96.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.75%. There are 96.51% institutions holding the Certara Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 8.4146% of the shares, roughly 13.42 million CERT shares worth $185.91 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 7.8352% or 12.5 million shares worth $173.11 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Wasatch Core Growth Fund . With 7.05 shares estimated at $76.15 million under it, the former controlled 4.38% of total outstanding shares. On the other hand, Wasatch Core Growth Fund held about 3.25% of the shares, roughly 5.24 shares worth around $56.6 million.
