Certara (CERT) Stock Price, News & Analysis

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Certara in the last twelve months. There are currently 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CERT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CERT, but not buy additional shares or sell existing shares.
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11 equities research analysts have issued 12-month price targets for Certara's shares. Their CERT share price targets range from $15.50 to $24.00. On average, they anticipate the company's share price to reach $20.06 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price.
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Certara's stock was trading at $17.59 at the beginning of 2024. Since then, CERT shares have decreased by 7.8% and is now trading at $16.21.
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Certara saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,670,000 shares, an increase of 7.4% from the March 15th total of 5,280,000 shares. Based on an average daily volume of 550,800 shares, the days-to-cover ratio is presently 10.3 days. Currently, 5.2% of the company's stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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Certara will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Certara, Inc. (NASDAQ:CERT) issued its quarterly earnings results on Thursday, February, 29th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.04. The business had revenue of $88.01 million for the quarter, compared to analyst estimates of $86.80 million. Certara had a positive trailing twelve-month return on equity of 4.33% and a negative net margin of 15.62%.

ETFs with the largest weight of Certara (NASDAQ:CERT) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Invesco S&P SmallCap Health Care ETF (PSCH), BlackRock Future Innovators ETF (BFTR), Janus Henderson US Sustainable Equity ETF (SSPX), Syntax Stratified SmallCap ETF (SSLY) and iShares U.S. Healthcare Providers ETF (IHF).SPDR S&P 600 Small Cap ETF (SLY).

Certara issued an update on its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 0.410-0.460 for the period, compared to the consensus estimate of 0.480. The company issued revenue guidance of $385.0 million-$400.0 million, compared to the consensus revenue estimate of $364.0 million.

Certara (CERT) raised $500 million in an IPO on Friday, December 11th 2020. The company issued 24,400,000 shares at $19.00-$22.00 per share. Jefferies, Morgan Stanley, BofA Securities, Credit Suisse, Barclays and William Blair served as the underwriters for the IPO.

Certara's stock is owned by many different institutional and retail investors. Top institutional shareholders include First Hawaiian Bank (0.02%). Insiders that own company stock include Avatar Parent LP Eqt, Craig R Rayner, Eran Broshy, James E Cashman III, Jieun W Choe, Justin Edge, Leif E Pedersen, Mason P Slaine, Matthew M Walsh, Michael Andrew Schemick, Patrick F Smith, Richard M Traynor, Robert Aspbury, Stephen M Mclean and William F Feehery.
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Shares of CERT 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.
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