In today’s recent session, 1.59 million shares of the Certara Inc (NASDAQ:CERT) have been traded, and its beta is 1.45. Most recently the company’s share price was $14.20, and it changed around $1.29 or 9.99% from the last close, which brings the market valuation of the company to $2.29B. CERT at last check was trading at a discount to its 52-week high of $18.38, offering almost -29.44% off that amount. The share price’s 52-week low was $8.64, which indicates that the recent value has risen by an impressive 39.15% since then. We note from Certara Inc’s average daily trading volume that its 10-day average is 3.18 million shares, with the 3-month average coming to 1.64 million.
Certara Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.17. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 7 recommended CERT as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Certara Inc is expected to report earnings per share of 0.11 for the current quarter.
Certara Inc (NASDAQ:CERT) trade information
Instantly CERT has been showing a green trend so far today with a performance of 9.99% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.24 on recent trading dayincreased the stock’s daily price by 0.28%. The company’s shares are currently up 33.33% year-to-date, but still up 51.55% over the last five days. On the other hand, Certara Inc (NASDAQ:CERT) is 30.04% up in the 30-day period. We can see from the shorts that 6.18 million shares have been sold at a short interest cover period of 4.62 day(s).
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to decrease their stock price by -9.23% from its current value. Analyst projections state that CERT is forecast to be at a low of $13 and a high of $13.
Certara Inc (CERT) estimates and forecasts
The year-over-year growth rate is expected to be 9.04%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 104.42M in revenue for the current quarter. 9 analysts expect Certara Inc to make 103.98M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 96.65M and 93.31M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.03%. Forecasts for the next quarter put sales growth at 11.43%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -5.78%. Certara Inc earnings are expected to increase by -0.92% in 2025, but the outlook is positive 10.65% per year for the next five years.
CERT Dividends
Certara Inc’s next quarterly earnings report is expected to be released on 2025-Feb-25.
Certara Inc (NASDAQ:CERT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.32% of Certara Inc shares, and 96.76% of them are in the hands of institutional investors. The stock currently has a share float of 99.05%. Certara Inc stock is held by 325.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 8.3632% of the shares, which is about 13.42 million shares worth $185.91 million.
VANGUARD GROUP INC, with 7.8352% or 12.5 million shares worth $173.11 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and WASATCH FUNDS TRUST-Wasatch Core Growth Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 6.77 shares worth $96.18 million, making up 4.19% of all outstanding shares. On the other hand, WASATCH FUNDS TRUST-Wasatch Core Growth Fund held roughly 5.24 shares worth around $74.47 million, which represents about 3.25% of the total shares outstanding.
