NYSE:CCC

Clarivate Stock Forecast, Price & News

$29.42

-0.06 (-0.20 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$29.26

Now: $29.42▼

$29.90

50-Day Range

$27.00

MA: $29.52▼

$30.94

52-Week Range

$15.00

Now: $29.42▼

$33.55

Volume505,123 shs

Average Volume771,708 shs

Market Capitalization$17.83 billion

P/E RatioN/A

Dividend YieldN/A

Beta0.53

Clarivate Plc, an information services and analytics company, provides structured information and analytics for discovery, protection, and commercialization of scientific research, innovations, and brands. It offers Web of Science products and services, such as Web of Science, InCites, Journal Citation Reports, EndNote, ScholarOne, Converis, Publons, and Kopernio to organizations that plan, fund, implement, and utilize research; and Life Sciences products, including Cortellis and Newport Integrity for pharmaceutical and biotechnology companies to support research, market intelligence, and competitive monitoring in connection with the development and commercialization of new drugs. The company also provides Derwent products, which include Derwent Innovation, Techstreet, and IP Professional Services that enables its customers to evaluate the novelty of potential new products, confirm freedom to operate with respect to their product design, help them secure patent protection, assess the competitive technology landscape, and ensure that their products comply with required industry standards; CompuMark products, such as trademark screening, searching, and watching products and services for businesses and law firms; and MarkMonitor products, which helps enterprises to establish, manage, optimize, and protect their online presence. It serves government and academic institutions, life science companies, and research and development corporations in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. The company was formerly known as Clarivate Analytics Plc and changed its name to Clarivate Plc in May 2020. Clarivate Plc is headquartered in London, the United Kingdom.

MarketRank^™

Overall MarketRank^™

1.27 out of 5 stars

Computer And Technology Sector

440th out of 1,211 stocks

Data Processing & Preparation Industry

32nd out of 74 stocks

1.4 Analyst's Opinion

Consensus Rating
Clarivate has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.00, Clarivate has a forecasted upside of 8.8% from its current price of $29.42.
Amount of Analyst Coverage
Clarivate has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Clarivate has received 292 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Clarivate has received 360 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Clarivate has received 55.21% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Clarivate and other stocks. Vote “Outperform” if you believe CCC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CCC will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Clarivate does not currently pay a dividend.
Dividend Growth
Clarivate does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clarivate insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.32% of the stock of Clarivate is held by insiders.
Percentage Held by Institutions
42.83% of the stock of Clarivate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Clarivate are expected to grow by 44.90% in the coming year, from $0.49 to $0.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clarivate is -49.03, 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. Sector
The P/E ratio of Clarivate is -49.03, 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 Ratio
Clarivate has a P/B Ratio of 6.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryCommodity Chemicals

SectorComputer and Technology

Current SymbolNYSE:CCC

Previous Symbol

CUSIP12960310

CIK812701

Webclarivate.com

Phone215-386-0100

Employees4,203

Debt

Debt-to-Equity Ratio0.81

Current Ratio1.42

Quick Ratio1.42

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio60.04

P/E GrowthN/A

Sales & Book Value

Annual Sales$974.34 million

Price / Sales18.30

Cash Flow$0.94 per share

Price / Cash Flow31.30

Book Value$4.43 per share

Price / Book6.64

Profitability

EPS (Most Recent Fiscal Year)$0.35

Net Income$-210,980,000.00

Net Margins-18.75%

Return on Equity7.92%

Return on Assets3.39%

Miscellaneous

Outstanding Shares605,957,000

Market Cap$17.83 billion

Next Earnings Date2/25/2021 (Confirmed)

OptionableNot Optionable

$29.42

-0.06 (-0.20 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Clarivate (NYSE:CCC) Frequently Asked Questions

How has Clarivate's stock price been impacted by COVID-19 (Coronavirus)?

Clarivate's stock was trading at $20.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CCC shares have increased by 42.5% and is now trading at $29.42.
View which stocks have been most impacted by COVID-19.

Is Clarivate a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Clarivate stock.
View analyst ratings for Clarivate or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Clarivate?

Wall Street analysts have given Clarivate a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Clarivate wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Clarivate's next earnings date?

Clarivate is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Clarivate.

How can I listen to Clarivate's earnings call?

Clarivate will be holding an earnings conference call on Thursday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Clarivate's earnings last quarter?

Clarivate Plc (NYSE:CCC) announced its quarterly earnings results on Thursday, October, 29th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.01. The industrial products company earned $284.40 million during the quarter, compared to analyst estimates of $296.85 million. Clarivate had a positive return on equity of 7.92% and a negative net margin of 18.75%. The firm's quarterly revenue was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.14 EPS.
View Clarivate's earnings history.

What guidance has Clarivate issued on next quarter's earnings?

Clarivate issued an update on its FY21 earnings guidance on Saturday, November, 28th. The company provided earnings per share (EPS) guidance of $0.73-0.79 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.77. The company issued revenue guidance of $1.78-1.84 billion, compared to the consensus revenue estimate of $1.81 billion.

What price target have analysts set for CCC?

7 analysts have issued 12 month price targets for Clarivate's shares. Their forecasts range from $22.00 to $37.00. On average, they expect Clarivate's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price.
View analysts' price targets for Clarivate or view Wall Street analyst' top-rated stocks.

Are investors shorting Clarivate?

Clarivate saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,130,000 shares, an increase of 20.3% from the December 15th total of 1,770,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the short-interest ratio is presently 1.4 days.
View Clarivate's Short Interest.

Who are some of Clarivate's key competitors?

Some companies that are related to Clarivate include LyondellBasell Industries (LYB), Westlake Chemical (WLK), Cabot (CBT), Kronos Worldwide (KRO), Koppers (KOP), Hawkins (HWKN), Tredegar (TG) and Trecora Resources (TREC).
View all of CCC's competitors.

What other stocks do shareholders of Clarivate own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clarivate investors own include SodaStream International (SODA), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Ampio Pharmaceuticals (AMPE), Pfizer (PFE), Gilead Sciences (GILD), AbbVie (ABBV), Enterprise Products Partners (EPD), QUALCOMM (QCOM) and Antares Pharma (ATRS).

Who are Clarivate's key executives?

Clarivate's management team includes the following people:

Mr. Jerre L. Stead, Exec. Chairman & CEO (Age 77, Pay $689.12k)
Mr. Richard Hanks, Chief Financial Officer (Age 55, Pay $858.44k)
Mr. Stephen Hartman, Gen. Counsel, Sec. & Global Head of Corp. Devel. (Age 50, Pay $616.52k)
Mr. Mukhtar Ahmed, Pres of Science Group (Age 52, Pay $889.49k)
Mr. Jeff Roy, Pres of Intellectual Property Group (Age 51, Pay $674.97k)
Mr. Michael Morhardt, Exec. VP of Commercial Performance & Operations (Age 56)
Christie Archbold, Chief Accounting Officer
Mr. Stefano Maestri, Chief Technology Officer
Mr. Mark J. Donohue, Head of Investor Relations
Ms. Tabita Seagrave, Head of Global Corp. Communications

What is Clarivate's stock symbol?

Clarivate trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCC."

Who are Clarivate's major shareholders?

Clarivate's stock is owned by many different retail and institutional investors. Top institutional investors include CHURCHILL MANAGEMENT Corp (0.03%), Diversified Trust Co (0.01%) and James Hambro & Partners (0.00%).
View institutional ownership trends for Clarivate.

Which institutional investors are buying Clarivate stock?

CCC stock was acquired by a variety of institutional investors in the last quarter, including CHURCHILL MANAGEMENT Corp, James Hambro & Partners, and Diversified Trust Co.
View insider buying and selling activity for Clarivate or or view top insider-buying stocks.

How do I buy shares of Clarivate?

Shares of CCC 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.

What is Clarivate's stock price today?

One share of CCC stock can currently be purchased for approximately $29.42.

How big of a company is Clarivate?

Clarivate has a market capitalization of $17.83 billion and generates $974.34 million in revenue each year. The industrial products company earns $-210,980,000.00 in net income (profit) each year or $0.35 on an earnings per share basis. Clarivate employs 4,203 workers across the globe.

What is Clarivate's official website?

The official website for Clarivate is clarivate.com.

How can I contact Clarivate?

Clarivate's mailing address is 1500 SPRING GARDEN STREET, PHILADELPHIA PA, 19130. The industrial products company can be reached via phone at 215-386-0100 or via email at [email protected]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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