NYSE:CLVT

Clarivate (CLVT) Stock Price, News & Analysis

$7.11
-0.03 (-0.42%)
(As of 03:53 PM ET)
Today's Range
$7.09
$7.18
50-Day Range
$6.79
$9.26
52-Week Range
$6.07
$10.03
Volume
1.46 million shs
Average Volume
4.07 million shs
Market Capitalization
$4.75 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Clarivate MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
12.5% Upside
$8.00 Price Target
Short Interest
Bearish
9.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of Clarivate in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.84%
From $0.61 to $0.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.21 out of 5 stars

Computer And Technology Sector

503rd out of 581 stocks

Data Processing & Preparation Industry

47th out of 61 stocks

CLVT stock logo

About Clarivate Stock (NYSE:CLVT)

Clarivate Plc operates as an information services provider in the Americas, the Middle East, Africa, Europe, and the Asia Pacific. It operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property. The company offers Web of Science and InCites, that analyzes and explores the academic research landscape and manages research information; ProQuest One and Ebook Central that provides comprehensive content collections to institutions in a cost-effective manner; and Alma and Polaris, that manages academic resources and services, connect users, and support research publications. It also provides Patent and Trademark Renewals, that supports paralegal and admin tasks throughout the patent and trademark protection and maintenance process; CompuMark and Derwent, that supports critical decisions around patent and trademark protection, risk, and value creation throughout the innovation and brand lifecycle; IPFolio and Foundation IP that creates a structured environment for the protection and management of global patent and trademark assets. In addition, the company offers Cortellis Competitive Intelligence and Cortellis Drug Discovery Intelligence, that supports the development of new drugs and medical devices from discovery to clinical trials; Cortellis Regulatory Intelligence and OFF-X to monitor drug safety issues and adhere to regulatory protocols; Real World Data and Optimize that inform commercial launch strategy and set pricing for optimal reimbursement. It serves corporations, universities, law firms, government agencies, public libraries, and other professional services organizations. The company was formerly known as Clarivate Analytics Plc and changed its name to Clarivate Plc in May 2020. Clarivate Plc was founded in 1864 and is headquartered in London, the United Kingdom.

CLVT Stock Price History

CLVT Stock News Headlines

Clarivate acquires Global QMS
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Clarivate PLC Ordinary Shares
Clarivate Plc (NYSE:CLVT): When Will It Breakeven?
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
Clarivate PLC Ordinary Shares CLVT
CLVT Oct 2024 5.000 put
CLVT Jul 2024 7.500 put
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+12.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
9 Analysts

Profitability

Net Income
$-911,200,000.00
Pretax Margin
-38.52%

Debt

Sales & Book Value

Annual Sales
$2.63 billion
Cash Flow
$1.81 per share
Book Value
$6.93 per share

Miscellaneous

Free Float
513,535,000
Market Cap
$4.74 billion
Optionable
Optionable
Beta
1.24
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Key Executives

  • Mr. Jonathan Gear (Age 53)
    CEO & Director
    Comp: $1.9M
  • Mr. Jonathan M. Collins (Age 44)
    Executive VP & CFO
    Comp: $1.31M
  • Mr. Gordon Samson (Age 58)
    President of Intellectual Property
    Comp: $1.08M
  • Mr. Bar Veinstein (Age 51)
    President of Academia & Government
    Comp: $1.1M
  • Mr. Henry Levy (Age 51)
    President of Life Sciences & Healthcare
    Comp: $1.05M
  • Mr. Michael Easton (Age 51)
    Senior VP of Finance & Chief Accounting Officer
  • Mr. William E. Graff
    Executive VP & Chief Information Officer
  • Mr. Mark J. Donohue
    Head of Investor Relations
  • Ms. Melanie D. Margolin J.D. (Age 52)
    Chief Legal Officer & Secretary
  • Ms. Tabita Andersson
    Senior Vice President of Communications & Brand

CLVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarivate stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 3 sell ratings, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CLVT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLVT, but not buy additional shares or sell existing shares.
View CLVT analyst ratings
or view top-rated stocks.

What is Clarivate's stock price target for 2024?

9 Wall Street research analysts have issued 12 month price objectives for Clarivate's shares. Their CLVT share price targets range from $6.00 to $10.00. On average, they expect the company's stock price to reach $8.00 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts price targets for CLVT
or view top-rated stocks among Wall Street analysts.

How have CLVT shares performed in 2024?

Clarivate's stock was trading at $9.26 at the beginning of the year. Since then, CLVT stock has decreased by 23.2% and is now trading at $7.11.
View the best growth stocks for 2024 here
.

Are investors shorting Clarivate?

Clarivate saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 36,900,000 shares, an increase of 8.8% from the March 15th total of 33,920,000 shares. Based on an average trading volume of 3,970,000 shares, the short-interest ratio is currently 9.3 days. Currently, 10.0% of the shares of the company are short sold.
View Clarivate's Short Interest
.

When is Clarivate's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CLVT earnings forecast
.

How can I listen to Clarivate's earnings call?

Clarivate will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Clarivate's earnings last quarter?

Clarivate Plc (NYSE:CLVT) issued its earnings results on Tuesday, February, 27th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. The firm earned $683.70 million during the quarter, compared to the consensus estimate of $687.80 million. Clarivate had a positive trailing twelve-month return on equity of 9.95% and a negative net margin of 34.66%. The business's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.20 earnings per share.

What ETF holds Clarivate's stock?

Ranger Equity Bear ETF holds 130,000 shares of CLVT stock, representing -1.15% of its portfolio.

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

Clarivate updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $0.70 to $0.80 for the period, compared to the consensus estimate of $0.85. The company issued revenue guidance of $2.57 billion to $2.67 billion, compared to the consensus revenue estimate of $2.69 billion.

Who are Clarivate's major shareholders?

Clarivate's stock is owned by many different retail and institutional investors. Top institutional investors include Exor N.V. (10.07%), Raymond James & Associates (0.91%), Perpetual Ltd (0.89%), Confluence Investment Management LLC (0.37%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Andrew Miles Snyder, Blucher Sheryl G Von, Corp Onex, James Gordon Samson, Jeff Roy, Mukhtar Ahmed, Richard Hanks and Richard Roedel.
View institutional ownership trends
.

How do I buy shares of Clarivate?

Shares of CLVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CLVT) was last updated on 4/24/2024 by MarketBeat.com Staff

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