NASDAQ:CERS Cerus (CERS) Stock Forecast, Price & News $1.62 +0.05 (+3.18%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$1.55▼$1.6550-Day Range$1.50▼$3.0752-Week Range$1.45▼$4.25Volume1.11 million shsAverage Volume1.14 million shsMarket Capitalization$292.90 millionP/E RatioN/ADividend YieldN/APrice Target$4.88 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cerus MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside200.9% Upside$4.88 Price TargetShort InterestHealthy2.96% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.05Based on 3 Articles This WeekInsider TradingAcquiring Shares$12,675 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.22) to ($0.09) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.21 out of 5 starsMedical Sector426th out of 972 stocksSurgical & Medical Instruments Industry51st out of 99 stocks 3.2 Analyst's Opinion Consensus RatingCerus has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.88, Cerus has a forecasted upside of 200.9% from its current price of $1.62.Amount of Analyst CoverageCerus has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.96% of the outstanding shares of Cerus have been sold short.Short Interest Ratio / Days to CoverCerus has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Cerus has recently decreased by 4.11%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCerus does not currently pay a dividend.Dividend GrowthCerus does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CERS. Previous Next 2.8 News and Social Media Coverage News SentimentCerus has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cerus this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CERS on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Cerus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cerus insiders have bought more of their company's stock than they have sold. Specifically, they have bought $12,675.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 7.05% of the stock of Cerus is held by insiders.Percentage Held by Institutions81.72% of the stock of Cerus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cerus are expected to grow in the coming year, from ($0.22) to ($0.09) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cerus is -5.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cerus is -5.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCerus has a P/B Ratio of 4.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cerus (NASDAQ:CERS) StockCerus Corporation operates as a biomedical products company. The company focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. Its INTERCEPT Blood System, a proprietary technology for controlling biological replication that is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. The company offers INTERCEPT Blood Systems for platelets and plasma, which is designed to inactivate blood-borne pathogens in platelets and plasma donated for transfusion; INTERCEPT Blood System for red blood cells to inactivate blood-borne pathogens in red blood cells donated for transfusion; and INTERCEPT Blood System for Cryoprecipitation that uses its plasma system to produce pathogen reduced cryoprecipitated fibrinogen complex for the treatment and control of bleeding, including massive hemorrhage associated with fibrinogen deficiency, as well as pathogen reduced plasma, cryoprecipitate reduced. It sells platelet and plasma systems through its direct sales force and distributors in the United States, Europe, the Commonwealth of Independent States, the Middle East, Latin America, and internationally. The company was incorporated in 1991 and is headquartered in Concord, California.Read More CERS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CERS Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comCerus Corporation Announces the Appointment of Alicia Goodman as New Chief Human Resources OfficerSeptember 12, 2023 | finance.yahoo.comCerus Corporation to Participate in the 2023 Cantor Global Healthcare ConferenceOctober 1, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 11, 2023 | seekingalpha.comCerus: Profitability Needs To Come Faster As Cash Is Running OutAugust 2, 2023 | sfgate.comCerus: Q2 Earnings SnapshotAugust 2, 2023 | finance.yahoo.comCerus Corporation Announces Second Quarter 2023 Financial ResultsAugust 2, 2023 | finance.yahoo.comCerus (CERS) Reports Q2 Loss, Lags Revenue EstimatesJuly 31, 2023 | finance.yahoo.comCerus (NASDAQ:CERS) investors are sitting on a loss of 60% if they invested three years agoOctober 1, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.July 21, 2023 | nasdaq.comCerus Corporation Common Stock (CERS)July 19, 2023 | finance.yahoo.comCerus Corporation to Release Second Quarter 2023 Financial Results on August 2, 2023June 15, 2023 | finance.yahoo.comCerus Corporation Announces Symposium and Abstracts at the 33rd Regional ISBT CongressJune 14, 2023 | finance.yahoo.comCerus Corporation Celebrates World Blood Donor Day 2023June 5, 2023 | seekingalpha.comCerus bags additional $8.7M contract amendmentJune 5, 2023 | finance.yahoo.comCerus Corporation Announces Follow-on Award of U.S. Department of Defense Funding for Development of Pathogen Reduced, Lyophilized CryoprecipitateMay 30, 2023 | finance.yahoo.comWith 72% institutional ownership, Cerus Corporation (NASDAQ:CERS) is a favorite amongst the big gunsMay 18, 2023 | msn.comCerus Earnings Perspective: Return On Capital EmployedMay 4, 2023 | finance.yahoo.comCerus Corporation Announces First Quarter 2023 Financial ResultsMay 4, 2023 | finance.yahoo.comCerus (CERS) Reports Q1 Loss, Lags Revenue EstimatesApril 20, 2023 | finance.yahoo.comCerus Corporation to Release First Quarter 2023 Financial Results on May 4, 2023April 18, 2023 | finance.yahoo.comCerus Corporation (NASDAQ:CERS) Might Not Be As Mispriced As It LooksMarch 6, 2023 | markets.businessinsider.comBTIG Keeps Their Hold Rating on Cerus (CERS)March 1, 2023 | finance.yahoo.comCerus Corporation Announces Record Fourth Quarter and Full-Year 2022 Financial ResultsFebruary 21, 2023 | finance.yahoo.comCerus (NASDAQ:CERS) shareholders have endured a 43% loss from investing in the stock a year agoFebruary 15, 2023 | finance.yahoo.comCerus Corporation to Release Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023January 9, 2023 | finance.yahoo.comCerus Corporation Announces Preliminary Fourth Quarter and Full-Year 2022 Product Revenue and Provides Business UpdateDecember 21, 2022 | finance.yahoo.comCerus Corporation's (NASDAQ:CERS) recent 9.2% pullback adds to one-year year losses, institutional owners may take drastic measuresSee More Headlines Receive CERS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cerus and its competitors with MarketBeat's FREE daily newsletter. Email Address CERS Company Calendar Last Earnings8/02/2023Today10/01/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryHealth Care Supplies SectorMedical Current SymbolNASDAQ:CERS CUSIP15708510 CIK1020214 Webwww.cerus.com Phone(925) 288-6000Fax925-288-6001Employees665Year Founded1991Price Target and Rating Average Stock Price Forecast$4.88 High Stock Price Forecast$6.00 Low Stock Price Forecast$3.75 Forecasted Upside/Downside+200.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.29) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-42,780,000.00 Net Margins-33.24% Pretax Margin-32.99% Return on Equity-80.35% Return on Assets-24.24% Debt Debt-to-Equity Ratio1.06 Current Ratio2.01 Quick Ratio1.47 Sales & Book Value Annual Sales$162.05 million Price / Sales1.81 Cash FlowN/A Price / Cash FlowN/A Book Value$0.39 per share Price / Book4.15Miscellaneous Outstanding Shares180,800,000Free Float168,057,000Market Cap$292.90 million OptionableOptionable Beta1.11 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. William M. Greenman (Age 56)Pres, CEO & Director Comp: $1.33MMr. Kevin D. Green (Age 51)VP of Fin. & CFO Comp: $748.49kMr. Vivek K. Jayaraman (Age 48)Chief Operating Officer Comp: $861.67kMs. Chrystal Jensen (Age 52)Chief Legal Officer & Gen. Counsel Comp: $692.16kDr. Richard J. Benjamin (Age 63)Chief Medical Officer Comp: $719.74kDr. Laurence M. Corash (Age 79)Co-Founder & Chief Scientific Officer Ms. Lori L. RollVP of Admin. & Corp. Sec.Mr. Matthew M. NotarianniSr. Director of Investor RelationsLainie CortenVP of Global MarketingMs. Carol M. Moore (Age 73)Sr. VP of Regulatory Affairs, Quality & Clinical More ExecutivesKey CompetitorsAnika TherapeuticsNASDAQ:ANIKUtah Medical ProductsNASDAQ:UTMDOraSure TechnologiesNASDAQ:OSURAtrionNASDAQ:ATRIOrchestra BioMedNASDAQ:OBIOView All CompetitorsInsiders & InstitutionsPortside Wealth Group LLCBought 28,251 shares on 9/1/2023Ownership: 0.016%Ann LucenaBought 7,500 shares on 8/22/2023Total: $12,675.00 ($1.69/share)Nuveen Asset Management LLCBought 108,711 shares on 8/16/2023Ownership: 0.734%Silverarc Capital Management LLCBought 5,363 shares on 8/15/2023Ownership: 0.641%Capital Impact Advisors LLCBought 8,489 shares on 8/15/2023Ownership: 0.072%View All Insider TransactionsView All Institutional Transactions CERS Stock - Frequently Asked Questions Should I buy or sell Cerus stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cerus in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CERS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CERS, but not buy additional shares or sell existing shares. View CERS analyst ratings or view top-rated stocks. What is Cerus' stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Cerus' shares. Their CERS share price forecasts range from $3.75 to $6.00. On average, they anticipate the company's share price to reach $4.88 in the next twelve months. This suggests a possible upside of 200.9% from the stock's current price. View analysts price targets for CERS or view top-rated stocks among Wall Street analysts. How have CERS shares performed in 2023? Cerus' stock was trading at $3.65 at the beginning of the year. Since then, CERS shares have decreased by 55.6% and is now trading at $1.62. View the best growth stocks for 2023 here. When is Cerus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our CERS earnings forecast. How were Cerus' earnings last quarter? Cerus Co. (NASDAQ:CERS) announced its earnings results on Wednesday, August, 2nd. The biotechnology company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.02. The biotechnology company had revenue of $38.85 million for the quarter, compared to the consensus estimate of $40.80 million. Cerus had a negative net margin of 33.24% and a negative trailing twelve-month return on equity of 80.35%. What ETFs hold Cerus' stock? ETFs with the largest weight of Cerus (NASDAQ:CERS) stock in their portfolio include ARK Genomic Revolution ETF (ARKG) and Invesco Nasdaq Future Gen 200 ETF (QQQS).ARK Innovation ETF (ARKK). What guidance has Cerus issued on next quarter's earnings? Cerus updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $160.00 million-$165.00 million, compared to the consensus revenue estimate of $172.56 million. What is William M. (Obi) Greenman's approval rating as Cerus' CEO? 15 employees have rated Cerus Chief Executive Officer William M. (Obi) Greenman on Glassdoor.com. William M. (Obi) Greenman has an approval rating of 35% among the company's employees. This puts William M. (Obi) Greenman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Cerus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cerus investors own include Rite Aid (RAD), SCYNEXIS (SCYX), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), OPKO Health (OPK), Pfizer (PFE), Immunomedics (IMMU), Exelixis (EXEL), Novavax (NVAX) and NVIDIA (NVDA). What is Cerus' stock symbol? Cerus trades on the NASDAQ under the ticker symbol "CERS." How do I buy shares of Cerus? Shares of CERS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cerus' stock price today? One share of CERS stock can currently be purchased for approximately $1.62. How much money does Cerus make? Cerus (NASDAQ:CERS) has a market capitalization of $292.90 million and generates $162.05 million in revenue each year. The biotechnology company earns $-42,780,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. How many employees does Cerus have? The company employs 665 workers across the globe. How can I contact Cerus? Cerus' mailing address is 1220 CONCORD AVENUE SUITE 600, CONCORD CA, 94520. The official website for the company is www.cerus.com. The biotechnology company can be reached via phone at (925) 288-6000, via email at ir@cerus.com, or via fax at 925-288-6001. This page (NASDAQ:CERS) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cerus Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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