Simulations Plus - SLP Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Simulations Plus in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SLP shares.
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2 Wall Street research analysts have issued 12-month target prices for Simulations Plus' shares. Their SLP share price forecasts range from $56.00 to $70.00. On average, they predict the company's share price to reach $63.67 in the next twelve months. This suggests a possible upside of 60.1% from the stock's current price.
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Simulations Plus' stock was trading at $36.57 on January 1st, 2023. Since then, SLP stock has increased by 8.8% and is now trading at $39.77.
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Simulations Plus saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,830,000 shares, an increase of 29.8% from the December 31st total of 1,410,000 shares. Based on an average daily volume of 127,400 shares, the short-interest ratio is currently 14.4 days. Approximately 11.3% of the company's stock are short sold.
View Simulations Plus' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023.
View our SLP earnings forecast.

Simulations Plus, Inc. (NASDAQ:SLP) posted its quarterly earnings results on Wednesday, January, 4th. The technology company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.06. The technology company had revenue of $11.96 million for the quarter, compared to analysts' expectations of $12.44 million. Simulations Plus had a net margin of 20.11% and a trailing twelve-month return on equity of 6.23%.

Simulations Plus announced a quarterly dividend on Wednesday, January 4th. Stockholders of record on Monday, January 30th will be given a dividend of $0.06 per share on Monday, February 6th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date is Friday, January 27th.
Read our dividend analysis for SLP.

Simulations Plus (NASDAQ:SLP) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.61%. The dividend payout ratio is 46.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, SLP will have a dividend payout ratio of 100.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SLP.

Simulations Plus updated its FY23 earnings guidance on Wednesday, January, 4th. The company provided earnings per share (EPS) guidance of $0.63-0.67 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of $59.3-62.0 million, compared to the consensus revenue estimate of $61.27 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Simulations Plus investors own include Advanced Micro Devices (AMD), Cisco Systems (CSCO), Gilead Sciences (GILD), QUALCOMM (QCOM), NVIDIA (NVDA), Verizon Communications (VZ), CVS Health (CVS), Enterprise Products Partners (EPD), AbbVie (ABBV) and Pfizer (PFE).

Simulations Plus trades on the NASDAQ under the ticker symbol "SLP."

Simulations Plus' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Comerica Bank (0.91%), Congress Asset Management Co. MA (0.66%), Rice Hall James & Associates LLC (0.37%), InTrack Investment Management Inc (0.20%), Yousif Capital Management LLC (0.05%) and Maryland State Retirement & Pension System (0.03%). Insiders that own company stock include David L Ralph, John Anthony Dibella II, John Kenneth Paglia, Lisa Lavange, Shawn Oconnor, Walter S Woltosz and Walter S Woltosz.
View institutional ownership trends.

Shares of SLP 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.
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One share of SLP stock can currently be purchased for approximately $39.77.

Simulations Plus (NASDAQ:SLP) has a market capitalization of $808.52 million and generates $53.91 million in revenue each year. The technology company earns $12.48 million in net income (profit) each year or $0.52 on an earnings per share basis.

The company employs 135 workers across the globe.

Simulations Plus' mailing address is 42505 10TH STREET WEST, LANCASTER CA, 93534. The official website for the company is www.simulations-plus.com. The technology company can be reached via phone at (661) 723-7723, via email at investors@westerngas.com, or via fax at 661-723-5524.