Certara Inc (NASDAQ:CERT) price on Wednesday, April 30, fall -0.22% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $13.86.
A look at the stock’s price movement, the close in the last trading session was $13.89, moving within a range at $13.5 and $14.03. The beta value (5-Year monthly) was 1.64. Turning to its 52-week performance, $17.94 and $8.64 were the 52-week high and 52-week low respectively. Overall, CERT moved 40.00% over the past month.
Certara Inc’s market cap currently stands at around $2.24 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 104.89M for the company’s revenue for the quarter, with a low and high estimate of 102.3M and 106M respectively. The average forecast suggests up to a 8.52% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 420.83M, representing a 9.26% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CERT is a 100% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend CERT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CERT’s current price about 10.73% and 17.22% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.10, while 7-day volatility ratio is 3.46% and 7.60% in the 30-day chart. Further, Certara Inc (CERT) has a beta value of 1.57, and an average true range (ATR) of 0.77. Analysts have given the company’s stock an average 52-week price target of $13, forecast between a low of $13 and high of $13. Looking at the price targets, the low is 6.2% off current price level while to achieve the yearly target high, price needs to move 6.2%. Nonetheless, investors will most likely welcome a 6.2% jump to $13 which is the analysts’ median price.
If we refocus on Certara Inc (NASDAQ:CERT), historical trading data shows that trading volumes averaged 2.02 over the past 10 days and 1.85 million over the past 3 months. The company’s latest data on shares outstanding shows there are 161.01 million shares.
The 24.96% of Certara Inc’s shares are in the hands of company insiders while institutional holders own 72.54% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.07 million on 2025-04-15, giving us a short ratio of 3.83. The data shows that as of 2025-04-15 short interest in Certara Inc (CERT) stood at 744.99995 of shares outstanding, with shares short rising to 5.91 million registered in 2025-03-14. Current price change has pushed the stock 30.14% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CERT stock continues to rise going into the next quarter.
