In the latest trading session,, 0.43 million Cerus Corp (NASDAQ:CERS) shares changed hands as the company’s beta touched 1.56. With the company’s most recent per share price at $1.29 changed hands at -$0.04 or -3.01% at last look, the market valuation stands at $246.59M. CERS’s current price is a discount, trading about -96.9% off its 52-week high of $2.54. The share price had its 52-week low at $1.12, which suggests the last value was 13.18% up since then.
Analysts gave the Cerus Corp (CERS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.40. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended CERS as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Cerus Corp’s EPS for the current quarter is expected to be -0.03.
Cerus Corp (NASDAQ:CERS) trade information
Instantly CERS was in red as seen in intraday trades today. With action -4.44%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -16.23%, with the 5-day performance at -4.44% in the red. However, in the 30-day time frame, Cerus Corp (NASDAQ:CERS) is -0.77% down.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 67.75% from its recent market value. According to analyst projections, CERS’s forecast low is 3 with 5 as the target high. To hit the forecast high, the stock’s price needs a -287.6% plunge from its current level, while the stock would need to soar -132.56% for it to hit the projected low.
Cerus Corp (CERS) estimates and forecasts
Year-over-year growth is forecast to reach 15.70% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 51.2M. 4 analysts are of the opinion that Cerus Corp’s revenue for the current quarter will be 53.29M. The company’s revenue for the corresponding quarters a year ago was 45.08M and 46.02M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 13.57%. The estimates for the next quarter sales put growth at 15.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.97%. The 2025 estimates are for Cerus Corp earnings to increase by 4.55%.
CERS Dividends
Cerus Corp is expected to release its next quarterly earnings report in June.
BAKER BROS. ADVISORS LP holds the second largest percentage of outstanding shares, with 10.5293% or 19.48 million shares worth $34.28 million as of 2024-06-30.
Among Mutual Funds, the top two as of Apr 30, 2025 were ARK ETF Trust-ARK Innovation ETF and WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund . With 10.89 shares estimated at $14.11 million under it, the former controlled 5.70% of total outstanding shares. On the other hand, WASATCH FUNDS TRUST-Wasatch Ultra Growth Fund held about 4.04% of the shares, roughly 7.71 shares worth around $9.99 million.
