Should I buy or sell Clarivate stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CLVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLVT, but not buy additional shares or sell existing shares. View CLVT analyst ratings or view top-rated stocks .

What is Clarivate's stock price target for 2024?

9 equities research analysts have issued twelve-month price targets for Clarivate's shares. Their CLVT share price targets range from $6.00 to $10.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View analysts price targets for CLVT or view top-rated stocks among Wall Street analysts .

How have CLVT shares performed in 2024?

Clarivate's stock was trading at $9.26 on January 1st, 2024. Since then, CLVT shares have decreased by 24.9% and is now trading at $6.95. View the best growth stocks for 2024 here .

Are investors shorting Clarivate?

Clarivate saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 36,900,000 shares, an increase of 8.8% from the March 15th total of 33,920,000 shares. Based on an average daily trading volume, of 3,970,000 shares, the days-to-cover ratio is presently 9.3 days. Currently, 10.0% of the shares of the company are short sold. View Clarivate's Short Interest .

When is Clarivate's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CLVT earnings forecast .

How can I listen to Clarivate's earnings call?

Clarivate will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Clarivate's earnings last quarter?

Clarivate Plc (NYSE:CLVT) released its earnings results on Tuesday, February, 27th. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $683.70 million for the quarter, compared to the consensus estimate of $687.80 million. Clarivate had a positive trailing twelve-month return on equity of 9.95% and a negative net margin of 34.66%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 EPS.

What guidance has Clarivate issued on next quarter's earnings?

Clarivate updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $0.70 to $0.80 for the period, compared to the consensus EPS estimate of $0.85. The company issued revenue guidance of $2.57 billion to $2.67 billion, compared to the consensus revenue estimate of $2.69 billion.

Who are Clarivate's major shareholders?

Clarivate's stock is owned by many different institutional and retail investors. Top institutional investors include Exor N.V. (10.07%), Perpetual Ltd (0.89%), Confluence Investment Management LLC (0.37%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Andrew Miles Snyder , Blucher Sheryl G Von , Corp Onex, James Gordon Samson , Jeff Roy, Mukhtar Ahmed , Richard Hanks and Richard Roedel . View institutional ownership trends .

How do I buy shares of Clarivate?

Shares of CLVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:CLVT

Clarivate (CLVT) Stock Price, News & Analysis

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$6.95

+0.04 (+0.58%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.78
▼
$7.02
50-Day Range: $6.79
▼
$9.44
52-Week Range: $6.07
▼
$10.03

Volume: 6.21 million shs
Average Volume: 3.48 million shs
Market Capitalization: $4.64 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.00

Get Clarivate alerts:

Clarivate MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 15.1% Upside
$8.00 Price Target
Short Interest: Bearish
9.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.92
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.84%
From $0.61 to $0.67 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.15 out of 5 stars

Computer And Technology Sector

515th out of 588 stocks

Information Technology Services Industry

2nd out of 3 stocks

2.0

Analyst's Opinion

Consensus Rating
Clarivate has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 3 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
Clarivate has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
9.99% of the float of Clarivate has been sold short.
Short Interest Ratio / Days to Cover
Clarivate has a short interest ratio ("days to cover") of 9.3.
Change versus previous month
Short interest in Clarivate has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Clarivate does not currently pay a dividend.
Dividend Growth
Clarivate does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLVT.

2.7

News and Social Media Coverage

News Sentiment
Clarivate has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Clarivate this week, compared to 4 articles on an average week.
MarketBeat Follows
Only 1 people have added Clarivate to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clarivate insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.77% of the stock of Clarivate is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
85.72% of the stock of Clarivate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Clarivate are expected to grow by 9.84% in the coming year, from $0.61 to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clarivate is -4.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clarivate is -4.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Clarivate has a PEG Ratio of 1.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Clarivate has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Clarivate Stock (NYSE:CLVT)

Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications. It also provides Patent and Trademark Renewals, that supports paralegal and admin tasks throughout the patent and trademark protection and maintenance process; CompuMark and Derwent, that supports critical decisions around patent and trademark protection, risk, and value creation throughout the innovation and brand lifecycle; IPFolio and Foundation IP that creates a structured environment for the protection and management of global patent and trademark assets. In addition, the company offers Cortellis Competitive Intelligence and Cortellis Drug Discovery Intelligence, that supports the development of new drugs and medical devices from discovery to clinical trials; Cortellis Regulatory Intelligence and OFF-X to monitor drug safety issues and adhere to regulatory protocols; Real World Data and Optimize that inform commercial launch strategy and set pricing for optimal reimbursement. It serves corporations, universities, law firms, government agencies, public libraries, and other professional services organizations. The company was formerly known as Clarivate Analytics Plc and changed its name to Clarivate Plc in May 2020. Clarivate Plc was founded in 1864 and is headquartered in London, the United Kingdom.

CLVT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLVT Stock News Headlines

April 18, 2024 | morningstar.com

Clarivate PLC Ordinary Shares

April 18, 2024 | americanbankingnews.com

Clarivate Plc (NYSE:CLVT) Receives Average Rating of "Hold" from Analysts

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | finance.yahoo.com

Clarivate Launches LatAm Market Tracking Solution in Partnership with Global Healthcare Intelligence Enabling Real-Time Tracking of Medical Device Markets

April 16, 2024 | finance.yahoo.com

Clarivate Plc (NYSE:CLVT): When Will It Breakeven?

April 15, 2024 | finance.yahoo.com

Clarivate Plc (CLVT) Stock Historical Prices & Data - Yahoo Finance

April 15, 2024 | finance.yahoo.com

Clarivate to Report First Quarter 2024 Results on May 8, 2024

April 15, 2024 | prnewswire.com

Clarivate to Report First Quarter 2024 Results on May 8, 2024

April 19, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 4, 2024 | morningstar.com

Clarivate PLC Ordinary Shares CLVT

April 1, 2024 | prnewswire.com

Clarivate Leadership Presents at Recent Investor Conferences

March 21, 2024 | msn.com

Analytics Firm Clarivate Acquires AI Start-Up MotionHall - What's On The Cards?

March 21, 2024 | prnewswire.com

Clarivate Acquires AI Start Up to Accelerate Strategy and Business Development Success for Life Sciences & Healthcare Clients

March 20, 2024 | finanznachrichten.de

Clarivate Plc: New Webinar: Clarivate in the Age of AI - Driving Innovation in Intellectual Property Management and Decision Making

March 16, 2024 | finance.yahoo.com

CLVT Oct 2024 5.000 put

March 16, 2024 | finance.yahoo.com

CLVT Jul 2024 7.500 put

March 14, 2024 | seekingalpha.com

Clarivate PLC: Agree Q4'23 Was Weak, But The Upside Remains Attractive

March 13, 2024 | finanznachrichten.de

Clarivate Plc: New Webinar: Clarivate in the Age of AI - Empowering Our Life Sciences & Healthcare Customers to Create a Healthier Tomorrow

March 13, 2024 | prnewswire.com

New Webinar: Clarivate in the Age of AI - Empowering Our Life Sciences & Healthcare Customers to Create a Healthier Tomorrow

March 7, 2024 | finanznachrichten.de

Clarivate Plc: Clarivate to Present at the BofA Securities 2024 Information & Business Services Conference on March 14

March 7, 2024 | finanznachrichten.de

Clarivate Plc: New Webinar: Clarivate in the Age of AI - Innovation Rooted in Academia

March 7, 2024 | prnewswire.com

Clarivate to Present at the BofA Securities 2024 Information & Business Services Conference on March 14

March 6, 2024 | finance.yahoo.com

New Webinar: Clarivate in the Age of AI - Innovation Rooted in Academia

March 5, 2024 | finance.yahoo.com

Clarivate Plc (NYSE:CLVT) Q4 2023 Earnings Call Transcript

March 5, 2024 | finanznachrichten.de

Clarivate Plc: Clarivate Reveals Top 100 Global Innovators 2024

March 5, 2024 | prnewswire.com

Clarivate Reveals Top 100 Global Innovators 2024

March 4, 2024 | finanznachrichten.de

Exor N.V.: Clarivate and Exor sign agreement

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Information Technology Services
Sub-Industry: N/A
Current Symbol: NYSE:CLVT
CUSIP: N/A
CIK: 1764046
Web: www.clarivate.com
Phone: 442074334000
Fax: N/A
Employees: 12,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $10.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +15.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.48)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 11.39
P/E Growth: 1.4
Net Income: $-911,200,000.00
Net Margins: -34.66%
Pretax Margin: -38.52%
Return on Equity: 9.95%
Return on Assets: 3.89%

Debt

Debt-to-Equity Ratio: 1.03
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $2.63 billion
Price / Sales: 1.77
Cash Flow: $1.86 per share
Price / Cash Flow: 3.73
Book Value: $6.93 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 668,140,000
Free Float: 516,007,000
Market Cap: $4.64 billion
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Jonathan Gear (Age 53)
CEO & Director
Comp: $1.9M
Mr. Jonathan M. Collins (Age 44)
Executive VP & CFO
Comp: $1.31M
Mr. Gordon Samson (Age 58)
President of Intellectual Property
Comp: $1.08M
Mr. Bar Veinstein (Age 51)
President of Academia & Government
Comp: $1.1M
Mr. Henry Levy (Age 51)
President of Life Sciences & Healthcare
Comp: $1.05M
Mr. Michael Easton (Age 51)
Senior VP of Finance & Chief Accounting Officer
Mr. William E. Graff
Executive VP & Chief Information Officer
Mr. Mark J. Donohue
Head of Investor Relations
Ms. Melanie D. Margolin J.D. (Age 52)
Chief Legal Officer & Secretary
Ms. Tabita Andersson
Senior Vice President of Communications & Brand

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarivate stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CLVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLVT, but not buy additional shares or sell existing shares.
View CLVT analyst ratings or view top-rated stocks.
What is Clarivate's stock price target for 2024?: 9 equities research analysts have issued twelve-month price targets for Clarivate's shares. Their CLVT share price targets range from $6.00 to $10.00. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for CLVT or view top-rated stocks among Wall Street analysts.
How have CLVT shares performed in 2024?: Clarivate's stock was trading at $9.26 on January 1st, 2024. Since then, CLVT shares have decreased by 24.9% and is now trading at $6.95.
View the best growth stocks for 2024 here.
Are investors shorting Clarivate?: Clarivate saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 36,900,000 shares, an increase of 8.8% from the March 15th total of 33,920,000 shares. Based on an average daily trading volume, of 3,970,000 shares, the days-to-cover ratio is presently 9.3 days. Currently, 10.0% of the shares of the company are short sold.
View Clarivate's Short Interest.
When is Clarivate's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CLVT earnings forecast.
How can I listen to Clarivate's earnings call?: Clarivate will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Clarivate's earnings last quarter?: Clarivate Plc (NYSE:CLVT) released its earnings results on Tuesday, February, 27th. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $683.70 million for the quarter, compared to the consensus estimate of $687.80 million. Clarivate had a positive trailing twelve-month return on equity of 9.95% and a negative net margin of 34.66%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 EPS.
What guidance has Clarivate issued on next quarter's earnings?: Clarivate updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of $0.70 to $0.80 for the period, compared to the consensus EPS estimate of $0.85. The company issued revenue guidance of $2.57 billion to $2.67 billion, compared to the consensus revenue estimate of $2.69 billion.
Who are Clarivate's major shareholders?: Clarivate's stock is owned by many different institutional and retail investors. Top institutional investors include Exor N.V. (10.07%), Perpetual Ltd (0.89%), Confluence Investment Management LLC (0.37%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Andrew Miles Snyder, Blucher Sheryl G Von, Corp Onex, James Gordon Samson, Jeff Roy, Mukhtar Ahmed, Richard Hanks and Richard Roedel.
View institutional ownership trends.
How do I buy shares of Clarivate?: Shares of CLVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CLVT) was last updated on 4/19/2024 by MarketBeat.com Staff

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Clarivate (CLVT) Stock Price, News & Analysis

Clarivate MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Clarivate Stock (NYSE:CLVT)

CLVT Stock Price History

CLVT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CLVT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™