During the last session, Simulations Plus Inc (NASDAQ:SLP)’s traded shares were 0.34 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $32.69, reflecting an intraday gain of 1.52% or $0.49. The 52-week high for the SLP share is $51.22, that puts it down -56.68 from that peak though still a striking 29.61% gain since the share price plummeted to a 52-week low of $23.01. The company’s market capitalization is $657.43M, and the average intraday trading volume over the past 10 days was 0.63 million shares, and the average trade volume was 257.45K shares over the past three months.
Simulations Plus Inc (SLP) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. SLP has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it.
Simulations Plus Inc (NASDAQ:SLP) trade information
Simulations Plus Inc (SLP) registered a 1.52% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.52% in intraday trading to $32.69, hitting a weekly high. The stock’s 5-day price performance is 27.00%, and it has moved by 28.15% in 30 days. Based on these gigs, the overall price performance for the year is -27.93%. The short interest in Simulations Plus Inc (NASDAQ:SLP) is 1.6 million shares and it means that shorts have 8.41 day(s) to cover.
The consensus price target of analysts on Wall Street is $56, which implies an increase of 41.63% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $47 and $65 respectively. As a result, SLP is trading at a discount of -98.84% off the target high and -43.77% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 0.62%. While earnings are projected to return 109.16% in 2025, the next five years will return 37.57% per annum.
SLP Dividends
Simulations Plus Inc is due to release its next quarterly earnings on 2025-Apr-02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Simulations Plus Inc is 0.12, with the dividend yield indicating at 0.37 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 0.52%.
Simulations Plus Inc (NASDAQ:SLP)’s Major holders
Simulations Plus Inc insiders own 17.63% of total outstanding shares while institutional holders control 81.70%, with the float percentage being 99.18%. BLACKROCK INC. is the largest shareholder of the company, while 247.0 institutions own stock in it. As of 2024-06-30, the company held over 2.46 million shares (or 12.3277% of all shares), a total value of $119.84 million in shares.
The next largest institutional holding, with 2.26 million shares, is of CONESTOGA CAPITAL ADVISORS, LLC’s that is approximately 11.3212% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $110.06 million.
Also, the Mutual Funds coming in first place with the largest holdings of Simulations Plus Inc (SLP) shares are Conestoga Funds-Conestoga Small Cap Fund and iShares Trust-iShares Core S&P Small-Cap ETF. Data provided on Dec 31, 2024 indicates that Conestoga Funds-Conestoga Small Cap Fund owns about 1.58 shares. This amounts to just over 7.85 percent of the company’s overall shares, with a $51.63 million market value. The same data shows that the other fund manager holds slightly less at 1.02, or about 5.09% of the stock, which is worth about $33.46 million.
