Clarivate Plc (NYSE:CLVT – Free Report) – Stock analysts at William Blair issued their FY2026 earnings per share estimates for Clarivate in a report released on Thursday, February 20th. William Blair analyst A. Nicholas forecasts that the company will earn $0.59 per share for the year. William Blair currently has a “Market Perform” rating on the stock. The consensus estimate for Clarivate’s current full-year earnings is $0.63 per share.
A number of other equities research analysts have also recently issued reports on CLVT. Barclays cut their target price on Clarivate from $5.00 to $4.00 and set an “underweight” rating on the stock in a research note on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $6.00 price objective on shares of Clarivate in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Clarivate currently has an average rating of “Hold” and a consensus price target of $7.10.
Clarivate Trading Down 2.5 %
Shares of NYSE CLVT opened at $4.46 on Monday. The company has a market cap of $3.08 billion, a price-to-earnings ratio of -4.64 and a beta of 1.17. The stock’s 50 day simple moving average is $5.08 and its 200 day simple moving average is $5.78. The company has a current ratio of 0.87, a quick ratio of 0.88 and a debt-to-equity ratio of 0.88. Clarivate has a 12-month low of $4.22 and a 12-month high of $9.02.
Clarivate announced that its Board of Directors has authorized a share repurchase program on Monday, December 16th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 12.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.
Institutional Trading of Clarivate
Several hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its stake in shares of Clarivate by 161.4% in the fourth quarter. GAMMA Investing LLC now owns 5,256 shares of the company’s stock worth $27,000 after purchasing an additional 3,245 shares in the last quarter. RPO LLC acquired a new stake in Clarivate in the fourth quarter worth about $55,000. Schonfeld Strategic Advisors LLC bought a new position in Clarivate in the 4th quarter valued at about $56,000. Kathmere Capital Management LLC acquired a new position in Clarivate during the 4th quarter valued at about $58,000. Finally, Truist Financial Corp increased its stake in Clarivate by 27.3% during the 4th quarter. Truist Financial Corp now owns 14,000 shares of the company’s stock valued at $71,000 after buying an additional 3,000 shares during the period. Institutional investors own 85.72% of the company’s stock.
About Clarivate
Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications.
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