Cerus Corp (NASDAQ:CERS) has a beta value of 1.55 and has seen 0.29 million shares traded in the recent trading session. The company, currently valued at $236.89M, closed the recent trade at $1.27 per share which meant it lost -$0.03 on the day or -1.92% during that session. The CERS stock price is -100.0% off its 52-week high price of $2.54 and 11.81% above the 52-week low of $1.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.46 million shares traded. The 3-month trading volume is 1.49 million shares.
The consensus among analysts is that Cerus Corp (CERS) is Buy stock at the moment, with a recommendation rating of 1.40. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.05.
Cerus Corp (NASDAQ:CERS) trade information
Sporting -1.92% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CERS stock price touched $1.27 or saw a rise of 11.19%. Year-to-date, Cerus Corp shares have moved -17.21%, while the 5-day performance has seen it change -7.61%. Over the past 30 days, the shares of Cerus Corp (NASDAQ:CERS) have changed -16.67%. Short interest in the company has seen 9.89 million shares shorted with days to cover at 6.29.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 68.25% from the levels at last check today.. The projected low price target is $3.0 while the price target rests at a high of $5.0. In that case, then, we find that the latest price level in today’s session is -293.7% off the targeted high while a plunge would see the stock gain -136.22% from the levels at last check today..
Cerus Corp (CERS) estimates and forecasts
The company’s shares have lost -29.17% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 18.86%.
3 analysts offering their estimates for the company have set an average revenue estimate of 47.44M for the current quarter. 3 have an estimated revenue figure of 53.5M for the next ending quarter. Year-ago sales stood 38.37M and 45.08M respectively for this quarter and the next, and analysts expect sales will grow by 23.66% for the current quarter and 18.86% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 25.97% over the past 5 years.
CERS Dividends
Cerus Corp is expected to release its next earnings report on 2025-Feb-19 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cerus Corp (NASDAQ:CERS)’s Major holders
Insiders own 3.25% of the company shares, while shares held by institutions stand at 76.31% with a share float percentage of 78.88%. Investors are also buoyed by the number of investors in a company, with Cerus Corp having a total of 187.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 19.9 million shares worth more than $35.02 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 10.7579% of shares outstanding.
The other major institutional holder is BAKER BROS. ADVISORS LP, with the holding of over 19.48 million shares as of 2024-06-30. The firm’s total holdings are worth over $34.28 million and represent 10.5293% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Trust-ARK Innovation ETF and WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund . As of Mar 31, 2025 , the former fund manager holds about 6.20% shares in the company for having 11.52 shares of worth $14.75 million while later fund manager owns 7.71 shares of worth $9.87 million as of Dec 31, 2024 , which makes it owner of about 4.15% of company’s outstanding stock.
