William Blair Lowers Earnings Estimates for Simulations Plus

Simulations Plus, Inc. (NASDAQ:SLP - Free Report) - William Blair cut their FY2026 earnings per share estimates for Simulations Plus in a research note issued to investors on Wednesday, July 16th. William Blair analyst M. Smock now anticipates that the technology company will post earnings per share of $0.86 for the year, down from their prior forecast of $0.99. William Blair has a "Outperform" rating on the stock. The consensus estimate for Simulations Plus' current full-year earnings is $1.09 per share.

A number of other research firms have also recently commented on SLP. BTIG Research cut their price objective on Simulations Plus from $41.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, July 7th. Stephens lowered their price target on Simulations Plus from $28.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 15th. JMP Securities restated a "market perform" rating on shares of Simulations Plus in a report on Wednesday, June 18th. Craig Hallum dropped their target price on shares of Simulations Plus from $45.00 to $36.00 and set a "buy" rating for the company in a report on Friday, June 13th. Finally, Wall Street Zen raised shares of Simulations Plus from a "sell" rating to a "hold" rating in a report on Monday, April 28th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $26.50.

Simulations Plus Stock Down 2.6%

Shares of NASDAQ:SLP traded down $0.33 during trading on Thursday, hitting $12.46. The stock had a trading volume of 1,152,842 shares, compared to its average volume of 307,044. The stock has a 50-day simple moving average of $23.10 and a two-hundred day simple moving average of $27.87. The stock has a market capitalization of $250.82 million, a price-to-earnings ratio of -3.96 and a beta of 0.83. Simulations Plus has a 12-month low of $12.39 and a 12-month high of $42.11.

Simulations Plus (NASDAQ:SLP - Get Free Report) last issued its quarterly earnings results on Monday, July 14th. The technology company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.19. Simulations Plus had a positive return on equity of 11.62% and a negative net margin of 78.63%. The business had revenue of $20.36 million during the quarter, compared to the consensus estimate of $22.83 million. During the same quarter last year, the company earned $0.27 earnings per share. The company's quarterly revenue was up 9.8% on a year-over-year basis.

Insider Activity

In other Simulations Plus news, Director Walter S. Woltosz sold 20,000 shares of the company's stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $33.51, for a total transaction of $670,200.00. Following the sale, the director owned 3,344,157 shares in the company, valued at $112,062,701.07. This represents a 0.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 19.40% of the company's stock.

Institutional Investors Weigh In On Simulations Plus

Several large investors have recently modified their holdings of the stock. Jones Financial Companies Lllp raised its position in Simulations Plus by 53.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,223 shares of the technology company's stock worth $34,000 after acquiring an additional 427 shares in the last quarter. Fifth Third Bancorp raised its position in Simulations Plus by 33.8% in the first quarter. Fifth Third Bancorp now owns 1,485 shares of the technology company's stock worth $36,000 after acquiring an additional 375 shares in the last quarter. Johnson Financial Group Inc. purchased a new position in Simulations Plus in the fourth quarter worth $39,000. Tower Research Capital LLC TRC raised its position in Simulations Plus by 42.2% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,575 shares of the technology company's stock worth $72,000 after acquiring an additional 764 shares in the last quarter. Finally, AlphaQuest LLC raised its position in Simulations Plus by 502.9% in the fourth quarter. AlphaQuest LLC now owns 2,689 shares of the technology company's stock worth $75,000 after acquiring an additional 2,243 shares in the last quarter. Hedge funds and other institutional investors own 78.08% of the company's stock.

Simulations Plus Company Profile

Simulations Plus, Inc develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide. The company operates through two segments, Software and Services. It offers GastroPlus, which simulates the absorption and drug interaction of compounds administered to humans and animals; and DDDPlus and MembranePlus simulation products.