Clarivate Plc (NYSE:CLVT – Free Report) – Equities researchers at William Blair issued their FY2026 earnings estimates for shares of Clarivate in a research report issued on Thursday, February 20th. William Blair analyst A. Nicholas expects that the company will earn $0.59 per share for the year. William Blair has a “Market Perform” rating on the stock. The consensus estimate for Clarivate’s current full-year earnings is $0.63 per share.
Several other equities research analysts also recently commented on CLVT. Barclays dropped their target price on Clarivate from $5.00 to $4.00 and set an “underweight” rating on the stock in a report on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $6.00 price objective on shares of Clarivate in a research report on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $7.10.
Clarivate Trading Down 2.5 %
Shares of CLVT opened at $4.46 on Monday. Clarivate has a 12 month low of $4.22 and a 12 month high of $9.02. The stock’s 50-day moving average is $5.08 and its two-hundred day moving average is $5.78. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.87 and a quick ratio of 0.88. The stock has a market cap of $3.08 billion, a PE ratio of -4.64 and a beta of 1.17.
Clarivate announced that its board has authorized a stock buyback program on Monday, December 16th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 12.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.
Institutional Investors Weigh In On Clarivate
Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of Clarivate by 161.4% in the 4th quarter. GAMMA Investing LLC now owns 5,256 shares of the company’s stock valued at $27,000 after purchasing an additional 3,245 shares in the last quarter. KBC Group NV raised its holdings in Clarivate by 33.2% in the third quarter. KBC Group NV now owns 10,225 shares of the company’s stock valued at $73,000 after acquiring an additional 2,549 shares in the last quarter. RPO LLC acquired a new stake in Clarivate in the fourth quarter valued at $55,000. Schonfeld Strategic Advisors LLC bought a new position in Clarivate during the 4th quarter valued at $56,000. Finally, Kathmere Capital Management LLC bought a new position in Clarivate during the 4th quarter valued at $58,000. Institutional investors and hedge funds own 85.72% of the company’s stock.
Clarivate Company Profile
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.
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