UBS has recently raised Certara Inc (CERT) stock to Buy rating, as announced on September 27, 2024, according to Finviz. Earlier, on April 10, 2024, KeyBanc Capital Markets had raised the stock from a Sector Weight to Overweight, setting a price target of $23. JMP Securities also initiated Mkt Perform rating. Additionally, Leerink Partners initiated Market Perform rating on February 26, 2024, with a target price of $19. UBS analysts, in their report published on December 7, 2023, also initiated Neutral rating and set a price target of $17 for Certara Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Certara Inc (CERT) Stock Trading Recap
On Tuesday, Certara Inc (CERT) stock saw a modest uptick, ending the day at $11.23 which represents a slight increase of $0.03 or 0.27% from the prior close of $11.2. The stock opened at $11.22 and touched a low of $11.1 during the day, reaching a high of $11.44. The volume of shares traded was 0.91 million falling short of the average volume of 1.17 million.
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CERT Stock Performance and Moving Averages
In recent trading, Certara Inc (CERT) stock price has shown some volatility, fluctuating 0.18% over the last five trades and 3.41% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -32.88%, and it has plunged by -26.79% in the previous three months. Currently, CERT is trading at -0.27%, -3.04%, and -26.24% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, CERT, a Healthcare sector stock, is trading -43.48% below its 52-week high but remains 8.50% above its 52-week low. The Average True Range (ATR) (14 days) of 0.46 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Certara Inc’s Profitability and Valuation Ratios
Certara Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -3.03% and a profit margin of -21.64%, with a gross margin of -32.88%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Certara Inc’s market capitalization stands at $1.81 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 22.14. Additionally, the Price-to-Sales Ratio is 4.97, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.73, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 31.19% of Certara Inc (CERT)’s shares, while financial institutions hold 64.11%.
Notable insider trades include Pedersen Leif E, PRESIDENT, CHIEF COMMERCAL OFF at Certara Inc (CERT), who sold 51224 shares on Sep 09 ’24, at $11.29 each, totaling $0.58 million. On Apr 02 ’24, SMITH PATRICK F, PRESIDENT, DRUG DEV SOLUTIONS, sold 14427 shares for $16.85 each, amounting to $0.24 million. Additionally, on Feb 12 ’24, Traynor Richard M. sold 6000 shares at $18 each, generating $0.11 million.
