Clarivate Plc (CLVT) concluded trading on Thursday at a closing price of $5.50, with 5.44 million shares of worth about $29.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.79% during that period and on January 23, 2025 the price saw a gain of about 1.10%. Currently the company’s common shares owned by public are about 710.30M shares, out of which, 413.64M shares are available for trading.
Stock saw a price change of 8.27% in past 5 days and over the past one month there was a price change of 12.24%. Year-to-date (YTD), CLVT shares are showing a performance of 8.27% which decreased to -40.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.25 but also hit the highest price of $9.60 during that period. The average intraday trading volume for Clarivate Plc shares is 5.47 million. The stock is currently trading 7.09% above its 20-day simple moving average (SMA20), while that difference is up 6.08% for SMA50 and it goes to -9.36% lower than SMA200.
Clarivate Plc (NYSE: CLVT) currently have 710.30M outstanding shares and institutions hold larger chunk of about 65.79% of that.
The stock has a current market capitalization of $3.91B and its 3Y-monthly beta is at 1.17. It has posted earnings per share of -$1.99 in the same period. It has Quick Ratio of 0.88 while making debt-to-equity ratio of 0.86. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CLVT, volatility over the week remained 3.80% while standing at 3.45% over the month.
Analysts are in expectations that Clarivate Plc (CLVT) stock would likely to be making an EPS of 0.2 in the current quarter, while forecast for next quarter EPS is 0.14 and it is 0.73 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.18 which is 0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.23 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -10.87% while it is estimated to increase by 0.94% in next year. EPS is likely to shrink at an annualized rate of 32.00% for next 5-years, compared to annual growth of 60.20% made by the stock over the past 5-years.
Coverage by Wells Fargo stated Clarivate Plc (CLVT) stock as an Underweight in their note to investors on December 15, 2023, suggesting a price target of $8 for the stock. On October 16, 2023, Jefferies Upgrade their recommendations, while on September 08, 2023, Barclays Downgrade their ratings for the stock with a price target of $7. Stock get a Sector perform rating from RBC Capital Mkts on August 25, 2023.
