Equities Analysts Issue Forecasts for SLP FY2026 Earnings

Simulations Plus, Inc. (NASDAQ:SLP - Free Report) - Research analysts at William Blair lowered their FY2026 EPS estimates for shares of Simulations Plus in a report released on Wednesday, July 16th. William Blair analyst M. Smock now forecasts that the technology company will post earnings per share of $0.86 for the year, down from their previous estimate of $0.99. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Simulations Plus' current full-year earnings is $1.09 per share.

Other analysts have also issued reports about the company. Craig Hallum reduced their price objective on Simulations Plus from $45.00 to $36.00 and set a "buy" rating on the stock in a research note on Friday, June 13th. Stephens dropped their price target on Simulations Plus from $28.00 to $20.00 and set an "overweight" rating for the company in a research note on Tuesday. JMP Securities restated a "market perform" rating on shares of Simulations Plus in a report on Wednesday, June 18th. BTIG Research cut their target price on shares of Simulations Plus from $41.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, July 7th. Finally, KeyCorp lowered shares of Simulations Plus from an "overweight" rating to a "sector weight" rating in a report on Tuesday. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $26.50.

Simulations Plus Stock Performance

Shares of NASDAQ SLP traded down $0.12 during trading hours on Thursday, hitting $12.79. 1,433,706 shares of the stock were exchanged, compared to its average volume of 304,689. The company's fifty day simple moving average is $23.80 and its two-hundred day simple moving average is $28.08. The company has a market cap of $257.46 million, a PE ratio of -4.06 and a beta of 0.83. Simulations Plus has a 1-year low of $12.64 and a 1-year high of $43.40.

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

Insider Activity

In other news, Director Walter S. Woltosz sold 20,000 shares of Simulations Plus stock in a transaction on 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 directly owned 3,344,157 shares in the company, valued at $112,062,701.07. The trade was a 0.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 19.40% of the stock is currently owned by insiders.

Institutional Trading of Simulations Plus

Several hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp grew its position in Simulations Plus by 33.8% during the first quarter. Fifth Third Bancorp now owns 1,485 shares of the technology company's stock valued at $36,000 after acquiring an additional 375 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Simulations Plus by 4.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,103 shares of the technology company's stock valued at $254,000 after acquiring an additional 380 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Simulations Plus by 53.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,223 shares of the technology company's stock valued at $34,000 after acquiring an additional 427 shares during the last quarter. Pitcairn Co. grew its position in Simulations Plus by 10.8% during the 4th quarter. Pitcairn Co. now owns 7,310 shares of the technology company's stock worth $204,000 after acquiring an additional 711 shares during the last quarter. Finally, Barclays PLC lifted its position in Simulations Plus by 2.7% in the fourth quarter. Barclays PLC now owns 29,229 shares of the technology company's stock valued at $815,000 after purchasing an additional 756 shares during the last quarter. 78.08% of the stock is currently owned by institutional investors.

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.