A share price of Certara Inc [CERT] is currently trading at $10.93, down -1.09%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CERT shares have gain 10.63% over the last week, with a monthly amount glided 4.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Certara Inc [NASDAQ: CERT] stock has seen the most recent analyst activity on September 27, 2024, when UBS upgraded its rating to a Buy but kept the price target unchanged to $16 for it. Previously, KeyBanc Capital Markets upgraded its rating to Overweight on April 10, 2024, and kept the price target unchanged to $23. On April 04, 2024, JMP Securities initiated with a Mkt Perform rating. Leerink Partners started tracking the stock assigning a Market Perform rating and suggested a price target of $19 on February 26, 2024. UBS initiated its recommendation with a Neutral and recommended $17 as its price target on December 07, 2023. In a note dated August 22, 2023, Jefferies downgraded an Hold rating on this stock and revised its target price from $24.50 to $17.
Certara Inc experienced fluctuations in its stock price throughout the past year between $9.41 and $19.87. Currently, Wall Street analysts expect the stock to reach $19.33 within the next 12 months. Certara Inc [NASDAQ: CERT] shares were valued at $10.93 at the most recent close of the market. An investor can expect a potential return of 76.85% based on the average CERT price forecast.
Analyzing the CERT fundamentals
Trailing Twelve Months sales for Certara Inc [NASDAQ:CERT] were 372.80M which represents 10.80% growth. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.79 points at the first support level, and at 10.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.06, and for the 2nd resistance point, it is at 11.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Certara Inc [NASDAQ:CERT] is 2.86. Further, the Quick Ratio stands at 2.86, while the Cash Ratio is 1.9. Considering the valuation of this stock, the price to sales ratio is 4.72, the price to book ratio is 1.67.
Transactions by insiders
Recent insider trading involved SMITH PATRICK F, PRESIDENT, DRUG DEV SOLUTIONS, that happened on Oct 07 ’24 when 5409.0 shares were sold. Officer, SMITH PATRICK F completed a deal on Oct 07 ’24 to buy 5409.0 shares. Meanwhile, PRESIDENT, CHIEF COMMERCAL OFF Pedersen Leif E sold 51224.0 shares on Sep 09 ’24.
