Simulations Plus - SLP Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Simulations Plus in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SLP shares.
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3 analysts have issued 12-month price objectives for Simulations Plus' stock. Their SLP share price forecasts range from $56.00 to $70.00. On average, they anticipate the company's share price to reach $63.67 in the next twelve months. This suggests a possible upside of 61.2% from the stock's current price.
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Simulations Plus' stock was trading at $47.30 at the start of the year. Since then, SLP stock has decreased by 16.5% and is now trading at $39.50.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 5th 2023.
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Simulations Plus, Inc. (NASDAQ:SLP) released its quarterly earnings results on Thursday, January, 6th. The technology company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.04. The technology company had revenue of $12.42 million for the quarter, compared to the consensus estimate of $11.17 million. Simulations Plus had a net margin of 23.24% and a trailing twelve-month return on equity of 7.36%. During the same period in the prior year, the business posted $0.12 EPS.

Simulations Plus declared a quarterly dividend on Thursday, October 20th. Stockholders of record on Monday, October 31st will be given a dividend of $0.06 per share on Monday, November 7th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date is Friday, October 28th.
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Simulations Plus (NASDAQ:SLP) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.60%. The dividend payout ratio is 39.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLP will have a dividend payout ratio of 32.88% next year. This indicates that the company will be able to sustain or increase its dividend.
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Simulations Plus updated its FY 2023 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share guidance of $0.63-$0.67 for the period, compared to the consensus estimate of $0.71. The company issued revenue guidance of $59.30 million-$62.00 million, compared to the consensus revenue estimate of $62.35 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (12.51%), Conestoga Capital Advisors LLC (10.85%), Neuberger Berman Group LLC (7.57%), Vanguard Group Inc. (5.55%), State Street Corp (2.73%) and Royce & Associates LP (1.45%). 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.
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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 $39.50.

Simulations Plus (NASDAQ:SLP) has a market capitalization of $801.85 million and generates $53.91 million in revenue each year. The technology company earns $12.48 million in net income (profit) each year or $0.61 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.