In today’s recent session, 0.83 million shares of the Clarivate Plc (NYSE:CLVT) have been traded, and its beta is 1.48. Most recently the company’s share price was $4.32, and it changed around $0.08 or 1.77% from the last close, which brings the market valuation of the company to $2.95B. CLVT at last check was trading at a discount to its 52-week high of $7.15, offering almost -65.51% off that amount. The share price’s 52-week low was $3.04, which indicates that the recent value has risen by an impressive 29.63% since then. We note from Clarivate Plc’s average daily trading volume that its 10-day average is 4.34 million shares, with the 3-month average coming to 5.76 million.
Clarivate Plc stock received a consensus recommendation rating of Hold, based on a mean score of 2.18. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended CLVT as a Hold, whereas 3 deemed it a Buy, and 1 rated it as Underweight.
Clarivate Plc (NYSE:CLVT) trade information
Instantly CLVT has been showing a green trend so far today with a performance of 1.77% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.38 on recent trading dayincreased the stock’s daily price by 1.37%. The company’s shares are currently down -15.06% year-to-date, but still down -2.15% over the last five days. On the other hand, Clarivate Plc (NYSE:CLVT) is 0.35% up in the 30-day period. We can see from the shorts that 35.96 million shares have been sold at a short interest cover period of 6.61 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 64.0% from its current value. Analyst projections state that CLVT is forecast to be at a low of $11 and a high of $20.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -0.40%. Clarivate Plc earnings are expected to increase by -11.01% in 2025, but the outlook is positive 2.63% per year for the next five years.
CLVT Dividends
Clarivate Plc’s next quarterly earnings report is expected to be released on 2025-Apr-29.
Clarivate Plc (NYSE:CLVT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 16.47% of Clarivate Plc shares, and 93.00% of them are in the hands of institutional investors. The stock currently has a share float of 111.33%. Clarivate Plc stock is held by 306.0 institutions, with LEONARD GREEN & PARTNERS, L.P. being the largest institutional investor. By 2024-06-30, it held 17.0167% of the shares, which is about 116.67 million shares worth $663.83 million.
EXOR N.V., with 9.8155% or 67.29 million shares worth $382.91 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
