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NYSE:CLVT

Clarivate (CLVT) Stock Price, News & Analysis

$6.96
+0.08 (+1.16%)
(As of 09/27/2024 08:50 PM ET)

About Clarivate Stock (NYSE:CLVT)

Key Stats

Today's Range
$6.90
$7.07
50-Day Range
$5.08
$7.02
52-Week Range
$4.97
$9.60
Volume
3.47 million shs
Average Volume
4.29 million shs
Market Capitalization
$4.65 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.71
Consensus Rating
Hold

Company Overview

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. It also provides Patent and Trademark Renewals, that supports paralegal and admin tasks throughout the patent and trademark protection and maintenance process; CompuMark and Derwent, that supports critical decisions around patent and trademark protection, risk, and value creation throughout the innovation and brand lifecycle; IPFolio and Foundation IP that creates a structured environment for the protection and management of global patent and trademark assets. In addition, the company offers Cortellis Competitive Intelligence and Cortellis Drug Discovery Intelligence, that supports the development of new drugs and medical devices from discovery to clinical trials; Cortellis Regulatory Intelligence and OFF-X to monitor drug safety issues and adhere to regulatory protocols; Real World Data and Optimize that inform commercial launch strategy and set pricing for optimal reimbursement. It serves corporations, universities, law firms, government agencies, public libraries, and other professional services organizations. The company was formerly known as Clarivate Analytics Plc and changed its name to Clarivate Plc in May 2020. Clarivate Plc was founded in 1864 and is headquartered in London, the United Kingdom.

Clarivate Stock Analysis - MarketRank™

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36th Percentile Overall Score

CLVT MarketRank™: 

Clarivate scored higher than 36% of companies evaluated by MarketBeat, and ranked 512th out of 668 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clarivate has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Clarivate has only been the subject of 2 research reports in the past 90 days.

  • Read more about Clarivate's stock forecast and price target.
  • Earnings Growth

    Earnings for Clarivate are expected to grow by 6.25% in the coming year, from $0.64 to $0.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clarivate is -4.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clarivate is -4.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Clarivate has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Clarivate's valuation and earnings.
  • Percentage of Shares Shorted

    7.41% of the float of Clarivate has been sold short.
  • Short Interest Ratio / Days to Cover

    Clarivate has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in Clarivate has recently increased by 18.82%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Clarivate does not currently pay a dividend.

  • Dividend Growth

    Clarivate does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.41% of the float of Clarivate has been sold short.
  • Short Interest Ratio / Days to Cover

    Clarivate has a short interest ratio ("days to cover") of 7.5.
  • Change versus previous month

    Short interest in Clarivate has recently increased by 18.82%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Clarivate has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Clarivate this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 4 people have added Clarivate to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Clarivate insiders have sold 503.71% more of their company's stock than they have bought. Specifically, they have bought $158,870.00 in company stock and sold $959,110.00 in company stock.

  • Percentage Held by Insiders

    22.77% of the stock of Clarivate is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    85.72% of the stock of Clarivate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Clarivate's insider trading history.
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CLVT Stock News Headlines

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CLVT Stock Analysis - Frequently Asked Questions

Clarivate's stock was trading at $9.26 at the beginning of 2024. Since then, CLVT stock has decreased by 24.8% and is now trading at $6.96.
View the best growth stocks for 2024 here
.

Clarivate Plc (NYSE:CLVT) posted its earnings results on Tuesday, August, 6th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.18 by $0.02. The business's revenue was down 2.8% compared to the same quarter last year.

Shares of CLVT 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.

Company Calendar

Last Earnings
8/06/2024
Today
9/30/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Business Services
Fax
N/A
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.71
High Stock Price Target
$10.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+10.8%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$-911,200,000.00
Pretax Margin
-46.31%

Debt

Sales & Book Value

Annual Sales
$2.60 billion
Cash Flow
$1.87 per share
Book Value
$6.93 per share

Miscellaneous

Free Float
516,080,000
Market Cap
$4.65 billion
Optionable
Optionable
Beta
1.17
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This page (NYSE:CLVT) was last updated on 9/30/2024 by MarketBeat.com Staff
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