At the time of writing, Clarivate Plc [CLVT] stock is trading at $5.73, down -0.52%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CLVT shares have gain 11.48% over the last week, with a monthly amount drifted -12.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Clarivate Plc [NYSE: CLVT] stock has seen the most recent analyst activity on November 06, 2024, when William Blair downgraded its rating to a Mkt Perform. Previously, Wells Fargo downgraded its rating to Underweight on December 15, 2023, and kept the price target unchanged to $8. On October 16, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $8.50 on the stock. Barclays downgraded its rating to a Underweight and decreased its price target to $7 on September 08, 2023. RBC Capital Mkts downgraded its rating to a Sector Perform and reduced its price target to $8 on August 25, 2023. BofA Securities downgraded its rating to Underperform for this stock on August 07, 2023, and downed its price target to $6. In a note dated August 04, 2023, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $15 to $8.
For the past year, the stock price of Clarivate Plc fluctuated between $4.25 and $9.60. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. Clarivate Plc [NYSE: CLVT] shares were valued at $5.73 at the most recent close of the market. An investor can expect a potential return of 150.09% based on the average CLVT price forecast.
Analyzing the CLVT fundamentals
According to Clarivate Plc [NYSE:CLVT], the company’s sales were 2.58B for trailing twelve months, which represents an -3.86% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.22 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.84.
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 5.66 points at the first support level, and at 5.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.83, and for the 2nd resistance point, it is at 5.92.
Ratios To Look Out For
It is important to note that Clarivate Plc [NYSE:CLVT] has a current ratio of 0.88. Also, the Quick Ratio is 0.88, while the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 1.57, the price to book ratio is 0.74.
Transactions by insiders
Recent insider trading involved Angelakis Michael J, Director, that happened on Nov 20 ’24 when 1.5 million shares were purchased. Director, Angelakis Michael J completed a deal on Nov 21 ’24 to buy 1.2 million shares. Meanwhile, Director Angelakis Michael J bought 0.77 million shares on Nov 22 ’24.
