William Blair lifts Clarivate Plc [CLVT] price estimate. Who else is bullish?

Clarivate Plc [NYSE: CLVT] plunged by $0.0 during the normal trading session on while it closed the day at $4.24.

Clarivate Plc stock has also loss -3.85% of its value over the past 7 days. However, CLVT stock has declined by -3.42% in the 3 months of the year. Over the past six months meanwhile, it has lost -17.03% and lost -16.54% year-on date.

The market cap for CLVT stock reached $2.90 billion, with 683.10 million shares outstanding and 387.41 million shares in the current float. Compared to the average trading volume of 5.76M shares, CLVT reached a trading volume of 4524488 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 Clarivate Plc [CLVT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLVT shares is $5.28 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLVT stock is a recommendation set at 2.18. 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.

William Blair have made an estimate for Clarivate Plc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 06, 2024. The new note on the price target was released on December 15, 2023, representing the official price target for Clarivate Plc stock. Previously, the target price had yet another drop from $10 to $8.50, while Jefferies kept a Buy rating on CLVT stock. On September 08, 2023, analysts decreased their price target for CLVT shares from 8 to 7.

The Average True Range (ATR) for Clarivate Plc is set at 0.16, with the Price to Sales ratio for CLVT stock in the period of the last 12 months amounting to 1.15. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 0.52. Price to Free Cash Flow for CLVT in the course of the last twelve months was 8.13 with Quick ratio for the last quarter at 0.88.

CLVT stock trade performance evaluation

Clarivate Plc [CLVT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.85. With this latest performance, CLVT shares dropped by -1.40% in over the last four-week period, additionally sinking by -17.03% over the last 6 months – not to mention a drop of -21.63% in the past year of trading.

Clarivate Plc [CLVT]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Clarivate Plc [CLVT] shares currently have an operating margin of 8.84% and a Gross Margin at 37.08%. Clarivate Plc’s Net Margin is presently recorded at -26.81%.

Return on Equity for this stock declined to -5.55%, with Return on Assets sitting at -5.55%.

Earnings per share (EPS) analysis for Clarivate Plc [CLVT] 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 CLVT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Clarivate Plc go to 2.63%.

Clarivate Plc [CLVT]: Institutional Ownership

There are presently around $93.00%, or 111.33%% of CLVT stock, in the hands of institutional investors. The top three institutional holders of CLVT stocks are: LEONARD GREEN & PARTNERS, L.P. with ownership of 116.67 million shares, which is approximately 17.0167%. EXOR N.V., holding 67.29 million shares of the stock with an approximate value of $$382.91 million in CLVT stocks shares; and EXOR N.V., currently with $$380.22 million in CLVT stock with ownership which is approximately 9.7465%.

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