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Analysts’ Ratings Review: Cerus Corp (NASDAQ:CERS)

Cerus Corp (NASDAQ:CERS) shares traded 16.34% up during most recent session to reach at the closing price of $2.35. The stock exchanged hands 2.68 Million shares versus average trading capacity of 1.24 Million shares, yielding a market cap of $244.25 Million. Wall Street analysts covering the stock are projecting that the stock will reach $6.83 within the next 52-weeks. The mean target projections are based on 6 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Cerus Corp (NASDAQ:CERS) high price target of $10 and with a conservative view have low price target of $4.

BTIG Research “Maintained” Cerus Corp (NASDAQ:CERS) in a research note issued to investors on 4/22/16 to Buy with price target of $10.

Additionally on 12/17/15 Wedbush “Downgrades” Cerus Corp (NASDAQ:CERS) to Neutral setting price target at $6.5 and on 4/24/15 BTIG Research “Initiates Coverage on” the stock to Buy at $8. Furthermore on 2/27/15 Cantor Fitzgerald “Maintained” the stock to Buy at $7.

On the other hand the company has Relative Strength Index (RSI 14) of 27.46 along with Average True Range (ATR 14) of 0.25, Consequently Cerus Corp (NASDAQ:CERS)’s weekly and monthly volatility is 14.84%, 8.91% respectively. The company’s beta value is at 1.79.

In terms of Buy, Sell or Hold recommendations, Cerus Corp (NASDAQ:CERS) has analysts’ mean recommendation of 1.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Cerus Corp (NASDAQ:CERS)’s minimum EPS for the current quarter is at $-0.2 and can go high up to $-0.14. The consensus mean EPS for the current quarter is at $-0.17 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.18 earnings per share for the same quarter during last year.

Previously Cerus Corp (NASDAQ:CERS) reported $-0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.17 by $-0.01. The company posted an earnings surprise of -5.9%.

Cerus Corp (NASDAQ:CERS)’s revenue estimates for the current quarter are $11.44 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $13.7 Million in contradiction of low revenue estimates of $8.7 Million. For the current year the company’s revenue estimates are $46.48 Million compared to low analyst estimates of $36.98 Million and high estimates of $57.5 Million according to 5 number of analysts.

Currently Cerus Corp (NASDAQ:CERS)’s shares owned by insiders are 1.7%, whereas shares owned by institutional owners are 69.6%. However the six-month change in the insider ownership was recorded -0.95%, as well as three-month change in the institutional ownership was recorded -2.07%.

Cerus Corp (NASDAQ:CERS) 52-week high price stands at $7.64 and low price stands at $2.00, its price distance from 52-week high is -69.24% while its distance from 52-week low price is 17.5%. The stock hit its 52-week high on 08/01/16, and 52-week low on 05/26/17.

Cerus Corp (NASDAQ:CERS)’s trailing twelve month revenues are $40.1 Million, whereas its price to sales ratio for the same period is 6.07. Its book value per share for the most recent quarter is $0.4 while its price to book ratio for the same period is 5.87, as for as the company’s cash per share for the most recent quarter is $0.52, however its price to cash per share ratio for the same period is 4.53. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

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