Simulations Plus (SLP) News Today

JMP Securities initiated coverage on shares of Simulations Plus in a research report on Tuesday. They set a "market perform" rating on the stock.

Simulations Plus NASDAQ: SLP is a small-cap healthcare technology company with a value of about $800 million. The firm has vastly underperformed the market and its sector over the last 12 months, with a total return of -7%.

Simulations Plus fell 15% the day after its earnings release despite beating EPS estimates due to lower margins and lower full-year guidance.

Simulations Plus, Inc. (NASDAQ:SLP) announced a quarterly dividend on Tuesday, July 2nd. Shareholders of record on Monday, July 29th will be paid a dividend of 0.06 per share by the technology company on Monday, August 5th. This represents a $0.24 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Monday, July 29th.

Craig Hallum reissued a "buy" rating and issued a $56.00 target price on shares of Simulations Plus in a research report on Wednesday.

Simulations Plus (NASDAQ:SLP - Get Free Report) issued its quarterly earnings results on Tuesday. The technology company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.04. The business had revenue of $18.54 million during the quarter, compared to analyst estimates of $17.92 million. Simulations Plus had a net margin of 16.22% and a return on equity of 7.95%. The business's revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.20 earnings per share.

Wasatch Advisors LP increased its position in Simulations Plus, Inc. (NASDAQ:SLP - Free Report) by 36.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 381,693 shares of the technology

Simulations Plus (NASDAQ:SLP) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.540-0.560 for the period, compared to the consensus estimate of 0.550. The company also issued revenue guidance of $69.0 millionillion-$72.0 millionillion, compared to the consensus estimate of $70.9 millionillion.

Simulations Plus, Inc. (NASDAQ:SLP - Get Free Report) Director Walter S. Woltosz sold 20,000 shares of the firm's stock in a transaction on Monday, July 1st. The stock was sold at an average price of $46.71, for a total transaction of $934,200.00. Following the transaction, the director now directly owns 3,540,857 shares in the company, valued at $165,393,430.47. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Simulations Plus, Inc. (NASDAQ:SLP - Get Free Report) Director Daniel L. Weiner sold 750 shares of the firm's stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $49.32, for a total transaction of $36,990.00. Following the completion of the sale, the director now owns 7,009 shares of the company's stock, valued at $345,683.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Simulations Plus (NASDAQ:SLP) Shares Gap Up to $47.88

William Blair began coverage on shares of Simulations Plus in a research report on Friday. They issued an "outperform" rating for the company.

Simulations Plus (NASDAQ:SLP) will be releasing earnings after the market closes on Tuesday, July 2, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=546672)

Congress Asset Management Co. MA lifted its stake in shares of Simulations Plus, Inc. (NASDAQ:SLP - Free Report) by 34.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 171,490 shares of the technology company's stock after

Ophir Asset Management Pty Ltd bought a new position in shares of Simulations Plus, Inc. (NASDAQ:SLP - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 159,916 shares of the technology company's

Craig Hallum upped their price objective on Simulations Plus from $51.00 to $56.00 and gave the company a "buy" rating in a research note on Thursday.

Wasatch Advisors LP increased its stake in shares of Simulations Plus, Inc. (NASDAQ:SLP - Free Report) by 45.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 279,558 shares of the technology company's stock after purcha

Simulations Plus, Inc. (NASDAQ:SLP - Get Free Report) Director Lisa Lavange sold 500 shares of the business's stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $50.00, for a total value of $25,000.00. Following the transaction, the director now directly owns 7,373 shares of the company's stock, valued at $368,650. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Conestoga Capital Advisors LLC raised its holdings in Simulations Plus, Inc. (NASDAQ:SLP - Free Report) by 12.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,259,176 shares of the technology company's stock after acquir

Simulations Plus (NASDAQ:SLP) Trading Up 5.2%