Simulations Plus Inc [NASDAQ: SLP] surged by $0.49 during the normal trading session on while it closed the day at $32.69.
Simulations Plus Inc stock has also gained 27.00% of its value over the past 7 days. However, SLP stock has inclined by 9.55% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.78% and gained 17.21% year-on date.
The market cap for SLP stock reached $657.43 million, with 20.11 million shares outstanding and 16.56 million shares in the current float. Compared to the average trading volume of 257.45K shares, SLP reached a trading volume of 336728 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Simulations Plus Inc [SLP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SLP shares is $44.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SLP stock is a recommendation set at 1.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stephens have made an estimate for Simulations Plus Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 15, 2024. While these analysts kept the previous recommendation, KeyBanc Capital Markets raised their target price to Overweight. The new note on the price target was released on July 29, 2024, representing the official price target for Simulations Plus Inc stock.
The Average True Range (ATR) for Simulations Plus Inc is set at 2.10, with the Price to Sales ratio for SLP stock in the period of the last 12 months amounting to 8.37. The Price to Book ratio for the last quarter was 3.47, with the Price to Cash per share for the same quarter was set at 1.06. Price to Free Cash Flow for SLP in the course of the last twelve months was 57.37 with Quick ratio for the last quarter at 4.37.
SLP stock trade performance evaluation
Simulations Plus Inc [SLP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 27.00. With this latest performance, SLP shares gained by 28.15% in over the last four-week period, additionally plugging by 3.78% over the last 6 months – not to mention a drop of -27.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SLP stock in for the last two-week period is set at 65.98, with the RSI for the last a single of trading hit 70.54, and the three-weeks RSI is set at 61.82 for Simulations Plus Inc [SLP]. The present Moving Average for the last 50 days of trading for this stock 29.07, while it was recorded at 32.90 for the last single week of trading, and 32.24 for the last 200 days.
Simulations Plus Inc [SLP]: An insightful look at the core fundamentals
Simulations Plus Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.37 and a Current Ratio set at 4.37.
Earnings per share (EPS) analysis for Simulations Plus Inc [SLP] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SLP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Simulations Plus Inc go to 37.57%.
Simulations Plus Inc [SLP]: Institutional Ownership
There are presently around $79.53%, or 96.55%% of SLP stock, in the hands of institutional investors. The top three institutional holders of SLP stocks are: BLACKROCK INC. with ownership of 2.46 million shares, which is approximately 12.3277%. CONESTOGA CAPITAL ADVISORS, LLC, holding 2.26 million shares of the stock with an approximate value of $$110.06 million in SLP stocks shares; and CONESTOGA CAPITAL ADVISORS, LLC, currently with $$61.81 million in SLP stock with ownership which is approximately 6.358%.
