Free Trial
NASDAQ:CERS

Cerus (CERS) Stock Price, News & Analysis

$2.02
-0.06 (-2.88%)
(As of 09/6/2024 ET)
Today's Range
$1.97
$2.10
50-Day Range
$1.70
$2.39
52-Week Range
$1.21
$2.59
Volume
694,766 shs
Average Volume
1.20 million shs
Market Capitalization
$373.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.83

Cerus MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
89.8% Upside
$3.83 Price Target
Short Interest
Healthy
3.45% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.10mentions of Cerus in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$115,892 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.13) to ($0.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

Medical Sector

443rd out of 910 stocks

Surgical & Medical Instruments Industry

53rd out of 95 stocks

CERS stock logo

About Cerus Stock (NASDAQ:CERS)

Cerus Corporation operates as a biomedical products company. The company focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. Its INTERCEPT Blood System, a proprietary technology for controlling biological replication that is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. The company offers INTERCEPT Blood Systems for platelets and plasma, which is designed to inactivate blood-borne pathogens in platelets and plasma donated for transfusion; INTERCEPT Blood System for red blood cells to inactivate blood-borne pathogens in red blood cells donated for transfusion; and INTERCEPT Blood System for Cryoprecipitation that uses its plasma system to produce pathogen reduced cryoprecipitated fibrinogen complex for the treatment and control of bleeding, including massive hemorrhage associated with fibrinogen deficiency, as well as pathogen reduced plasma, cryoprecipitate reduced. It sells platelet and plasma systems through its direct sales force and distributors in the United States, Europe, the Commonwealth of Independent States, the Middle East, Latin America, and internationally. Cerus Corporation was incorporated in 1991 and is headquartered in Concord, California.

CERS Stock Price History

CERS Stock News Headlines

Cerus Co. (NASDAQ:CERS) CFO Sells $61,879.30 in Stock
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
CERS Sep 2024 2.000 put
CERS Sep 2024 2.000 call
Cerus Second Quarter 2024 Earnings: Beats Expectations
Here's what Wall Street expects from Cerus's earnings report
See More Headlines
Receive CERS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cerus and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/01/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Supplies
Current Symbol
NASDAQ:CERS
CUSIP
15708510
Employees
625
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$3.83
High Stock Price Target
$5.00
Low Stock Price Target
$2.50
Potential Upside/Downside
+89.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-37,490,000.00
Pretax Margin
-14.10%

Debt

Sales & Book Value

Annual Sales
$169.98 million
Book Value
$0.27 per share

Miscellaneous

Free Float
178,604,000
Market Cap
$373.48 million
Optionable
Optionable
Beta
1.19

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives


CERS Stock Analysis - Frequently Asked Questions

How have CERS shares performed this year?

Cerus' stock was trading at $2.16 at the start of the year. Since then, CERS shares have decreased by 6.5% and is now trading at $2.02.
View the best growth stocks for 2024 here
.

How were Cerus' earnings last quarter?

Cerus Co. (NASDAQ:CERS) released its earnings results on Thursday, August, 1st. The biotechnology company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The biotechnology company had revenue of $45.08 million for the quarter, compared to analysts' expectations of $42.50 million. Cerus had a negative net margin of 14.15% and a negative trailing twelve-month return on equity of 44.27%.

What is William M. (Obi) Greenman's approval rating as Cerus' CEO?

15 employees have rated Cerus Chief Executive Officer William M. (Obi) Greenman on Glassdoor.com. William M. (Obi) Greenman has an approval rating of 35% among the company's employees. This puts William M. (Obi) Greenman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Cerus' major shareholders?

Top institutional shareholders of Cerus include ARK Investment Management LLC (10.76%), Sumitomo Mitsui Trust Holdings Inc. (4.06%), Hood River Capital Management LLC (0.79%) and Assenagon Asset Management S.A. (0.64%). Insiders that own company stock include William Mariner Greenman, Vivek K Jayaraman, Kevin Dennis Green, Chrystal Jensen, Carol Moore, Richard J Benjamin, Chrystal Menard, Daniel N Swisher Jr, Ann Lucena, Hua Shan, Gail Schulze and Laurence M Corash.
View institutional ownership trends
.

How do I buy shares of Cerus?

Shares of CERS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Cerus own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cerus investors own include Rite Aid (RAD), SCYNEXIS (SCYX), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), OPKO Health (OPK), Pfizer (PFE) and Immunomedics (IMMU).

This page (NASDAQ:CERS) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners