In the last trading session, 1.33 million shares of the Cerus Corp (NASDAQ:CERS) were traded, and its beta was 1.59. Most recently the company’s share price was $1.25, and it changed around -$0.05 or -3.85% from the last close, which brings the market valuation of the company to $238.95M. CERS currently trades at a discount to its 52-week high of $2.54, offering almost -103.2% off that amount. The share price’s 52-week low was $1.12, which indicates that the current value has risen by an impressive 10.4% since then.
Cerus Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended CERS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Cerus Corp is expected to report earnings per share of -0.03 for the current quarter.
Cerus Corp (NASDAQ:CERS) trade information
Instantly CERS has showed a red trend with a performance of -3.85% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.3800 on recent trading dayincreased the stock’s daily price by 9.42%. The company’s shares are currently down -18.83% year-to-date, but still down -8.09% over the last five days. On the other hand, Cerus Corp (NASDAQ:CERS) is 0.81% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 68.75% from its current value. Analyst projections state that CERS is forecast to be at a low of $3 and a high of $5.
Cerus Corp (CERS) estimates and forecasts
The year-over-year growth rate is expected to be 15.70%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 51.2M in revenue for the current quarter. 4 analysts expect Cerus Corp to make 53.29M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 45.08M and 46.02M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 13.57%. Forecasts for the next quarter put sales growth at 15.80%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 25.97%.
CERS Dividends
Cerus Corp’s next quarterly earnings report is expected to be released in June.
BAKER BROS. ADVISORS LP, with 10.5293% or 19.48 million shares worth $34.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
ARK ETF Trust-ARK Innovation ETF and WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 11.52 shares worth $14.4 million, making up 6.03% of all outstanding shares. On the other hand, WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund held roughly 7.71 shares worth around $9.64 million, which represents about 4.04% of the total shares outstanding.
