Certara (CERT) Stock Price, News & Analysis

11 Wall Street 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 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 analysts have issued twelve-month price objectives for Certara's stock. 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 year. This suggests a possible upside of 20.9% from the stock's current price.
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Certara's stock was trading at $17.59 on January 1st, 2024. Since then, CERT shares have decreased by 5.7% and is now trading at $16.59.
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Certara saw a increase in short interest in 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 trading volume, of 550,800 shares, the days-to-cover ratio is presently 10.3 days. Approximately 5.2% of the shares of the stock are short sold.
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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) posted its earnings results on Thursday, February, 29th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.04. The company 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 EPS 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 initial public offering (IPO) on Friday, December 11th 2020. The company issued 24,400,000 shares at a price of $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 a number of retail and institutional 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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