Clarivate Plc (NYSE:CLVT) currently has a daily average trading volume of 6.30M but it saw 5026030 shares traded in last market. With a market cap of 2.86B USD, the company’s current market price of $4.19 remained unchanged while comparing to the previous closing price of $4.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.15 and as low as $3.04.
Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Equal Weight” on December 15, 2023 while assigning a price target of $8. Jefferies issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $10 and $8.50.
Over the week, CLVT’s stock price is moving -2.78% down while it is 21.45% when we observe its performance for the past one month. Year-to-date it is -17.52% down and over the past year, the stock is showing a downside performance of -29.34%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.17 while estimate for next year EPS is 0.65. In next quarter, company is expected to be making quarterly sales of $563.9M as analysts are expecting the sales for current fiscal year at $2.35B and seeing the company making $2.37B in sales next year. Moreover, analysts are in estimates of $587.17M for current-quarter revenue.
Currently, Clarivate Plc’s total number of outstanding shares is 683.10M with 16.47% of that held by the insiders while 92.79% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.06% and return on equity (ROE) at -12.20%. It has a 6.04 of forward P/E ratio. Stock’s beta reads 1.49. Stock has a price to book (P/B) ratio of 0.57 while price to sale or P/S ratio amounts to 1.13. Its return on asset (ROA) is -5.55% on average.
