Cerus Corp [CERS] stock is trading at $1.73, up 3.59%. An important factor to consider is whether the stock is rising or falling in short-term value. The CERS shares have gain 1.76% over the last week, with a monthly amount drifted -4.42%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cerus Corp [NASDAQ: CERS] stock has seen the most recent analyst activity on April 12, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $5. Previously, BTIG Research downgraded its rating to Neutral on January 20, 2023. On January 17, 2023, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $3.75 on the stock. BTIG Research started tracking with a Buy rating for this stock on February 26, 2020, and assigned it a price target of $7. In a note dated November 13, 2019, BTIG Research upgraded an Buy rating on this stock but restated the target price of $7.
Cerus Corp [CERS] stock has fluctuated between $1.38 and $2.59 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Cerus Corp [NASDAQ: CERS] shares were valued at $1.73 at the most recent close of the market. An investor can expect a potential return of 73.41% based on the average CERS price forecast.
Analyzing the CERS fundamentals
Cerus Corp [NASDAQ:CERS] reported sales of 176.23M for the trailing twelve months, which represents a growth of 15.70%. Gross Profit Margin for this corporation currently stands at 0.55% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.11%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.38 and Total Capital is -0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.83.
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 1.6867 points at the first support level, and at 1.6433 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7767, and for the 2nd resistance point, it is at 1.8233.
Ratios To Look Out For
For context, Cerus Corp’s Current Ratio is 2.59. On the other hand, the Quick Ratio is 1.92, and the Cash Ratio is 0.4. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 6.00.
Transactions by insiders
Recent insider trading involved Gregory Dean A., Director, that happened on Dec 13 ’24 when 1725.0 shares were purchased. Director, BJERKHOLT ERIC completed a deal on Dec 12 ’24 to sell 20000.0 shares. Meanwhile, Chief Legal Officer Jensen Chrystal sold 16667.0 shares on Dec 16 ’24.
