Shares of Clarivate PLC (NYSE:CLVT – Get Free Report) have been given a consensus rating of “Reduce” by the eight research firms that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $3.2167.
A number of research firms recently issued reports on CLVT. Weiss Ratings reiterated a “sell (e+)” rating on shares of Clarivate in a report on Wednesday, June 24th. Wall Street Zen raised shares of Clarivate from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd.
View Our Latest Research Report on Clarivate
Institutional Inflows and Outflows
Clarivate Stock Down 0.6%
Shares of CLVT stock opened at $2.58 on Friday. Clarivate has a 12-month low of $1.66 and a 12-month high of $4.77. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.89. The firm has a fifty day moving average of $2.41 and a 200-day moving average of $2.58. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -12.26 and a beta of 1.38.
Clarivate (NYSE:CLVT – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04. The business had revenue of $585.50 million for the quarter, compared to analysts’ expectations of $569.50 million. Clarivate had a negative net margin of 5.61% and a positive return on equity of 8.82%. The firm’s revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. Clarivate has set its FY 2026 guidance at 0.700-0.800 EPS. As a group, equities research analysts predict that Clarivate will post 0.65 earnings per share for the current fiscal year.
About Clarivate
Clarivate plc is a global information and analytics company that provides insights and workflow solutions to accelerate the pace of innovation. The company delivers proprietary data, analytics, and expertise to support research and development in the life sciences, intellectual property management, academic institutions, government agencies, and corporations. Its core offerings include citation and patent databases, drug pipeline analytics, trademark research tools, regulatory compliance solutions, and market intelligence platforms.
Originally part of Thomson Reuters’ Intellectual Property & Science division, Clarivate was established as an independent entity in 2016 following a spin-off transaction.
Further Reading
- Five stocks we like better than Clarivate
- 2 AI Stocks That Could Benefit as AI Moves Beyond the Data Center
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
Receive News & Ratings for Clarivate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clarivate and related companies with MarketBeat.com's FREE daily email newsletter.
