Should I buy or sell Clarivate stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 1 year price targets for Clarivate's stock. Their CLVT share price targets range from $6.00 to $10.00. On average, they predict the company's stock price to reach $8.22 in the next twelve months. This suggests a possible upside of 2.4% 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 2023?

Clarivate's stock was trading at $8.34 on January 1st, 2023. Since then, CLVT stock has decreased by 3.7% and is now trading at $8.03. View the best growth stocks for 2023 here .

Are investors shorting Clarivate?

Clarivate saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 51,760,000 shares, a drop of 9.6% from the October 31st total of 57,270,000 shares. Based on an average daily trading volume, of 5,910,000 shares, the short-interest ratio is presently 8.8 days. Approximately 13.2% of the company's stock are sold short. 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, March 6th 2024. View our CLVT earnings forecast .

How were Clarivate's earnings last quarter?

Clarivate Plc (NYSE:CLVT) announced its earnings results on Tuesday, November, 7th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The company earned $647.20 million during the quarter, compared to the consensus estimate of $631.41 million. Clarivate had a net margin of 9.77% and a trailing twelve-month return on equity of 9.47%. The firm's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share.

What ETF holds Clarivate's stock ?

iShares MSCI USA Size Factor ETF holds 68,505 shares of CLVT stock, representing 0.20% of its portfolio.

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

Clarivate issued an update on its FY23 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $0.77-0.83 for the period, compared to the consensus EPS estimate of $0.78. The company issued revenue guidance of $2.60-2.67 billion, compared to the consensus revenue estimate of $2.62 billion.

Who are Clarivate's major shareholders?

Clarivate's stock is owned by many different institutional and retail investors. Top institutional shareholders include Clarkston Capital Partners LLC (8.51%), Impactive Capital LP (4.99%), Baupost Group LLC MA (3.39%), Thompson Siegel & Walmsley LLC (1.24%), Perpetual Ltd (1.02%) and River Road Asset Management LLC (1.03%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Positive News SentimentPositive News

Clarivate Stock Price, News & Analysis (NYSE:CLVT)

$8.03

-0.01 (-0.12%)

(As of 12/8/2023 ET)

Compare

Today's Range: $7.94
▼
$8.18
50-Day Range: $6.20
▼
$8.06
52-Week Range: $6.07
▼
$11.99

Volume: 4.63 million shs
Average Volume: 7.87 million shs
Market Capitalization: $5.33 billion

P/E Ratio: 30.89
Dividend Yield: N/A
Price Target: $8.22

Clarivate MarketRank™ Stock Analysis

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 2.4% Upside
$8.22 Price Target
Short Interest: Healthy
13.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.83
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.06%
From $0.62 to $0.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Computer And Technology Sector

291st out of 586 stocks

Data Processing & Preparation Industry

23rd out of 52 stocks

1.1

Analyst's Opinion

Consensus Rating
Clarivate has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 3 buy ratings, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.22, Clarivate has a forecasted upside of 2.4% from its current price of $8.03.
Amount of Analyst Coverage
Clarivate has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
13.21% of the float of Clarivate has been sold short.
Short Interest Ratio / Days to Cover
Clarivate has a short interest ratio ("days to cover") of 8.8.
Change versus previous month
Short interest in Clarivate has recently decreased by 9.62%, indicating that investor sentiment is improving significantly.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLVT.

3.2

News and Social Media Coverage

News Sentiment
Clarivate has a news sentiment score of 1.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Clarivate this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for CLVT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
6 people have added Clarivate to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

3.3

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
22.77% of the stock of Clarivate is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
86.52% of the stock of Clarivate is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Clarivate are expected to grow by 8.06% in the coming year, from $0.62 to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clarivate is 30.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clarivate is 30.89, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 231.60.
Price to Earnings Growth Ratio
Clarivate has a PEG Ratio of 1.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Clarivate has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Clarivate Stock (NYSE:CLVT)

Clarivate Plc, an information, analytics, and workflow company, provides structured information and analytics for discovery, development, protection, commercialization, and measurement of scientific research, innovations, and brands. The company operates through three segments: Academia and Government, Life Sciences and Healthcare, and Intellectual Property. It offers Web of Science products and services, such as Web of Science, InCites, Journal Citation Reports, EndNote, ProQuest One, Pivot, Polaris, eBook Central, Vegs, Alma, ScholarOne, Converis, Publons, and Kopernio to organizations that plan, fund, implement, and utilize research; and Life Sciences products, including Cortellis products for pharmaceutical and biotechnology companies to support research, market intelligence, and competitive monitoring in connection with the development and commercialization of new drugs; and Real World Data, Dialog, Drug Safety Triager, and healthcare and data solutions. The company also provides Derwent products, which include Derwent Innovation, Innography, 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; and CompuMark products, such as trademark screening, searching, and watching products and services. It serves government and academic institutions, and life science and healthcare companies 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 was founded in 1864 and is headquartered in London, the United Kingdom.

CLVT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLVT Stock News Headlines

December 5, 2023 | finance.yahoo.com

Clarivate Expands Partnership with VeriSIM Life to Accelerate and De-risk Research and Drug Development

November 28, 2023 | finance.yahoo.com

Clarivate Plc's (NYSE:CLVT) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

December 10, 2023 | Wealthpress (Ad)

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November 15, 2023 | finance.yahoo.com

Clarivate Reveals World's Influential Researchers in Highly Cited Researchers 2023 List

November 14, 2023 | insidermonkey.com

5 Best Value Stocks To Buy Heading Into 2024 (Picked By Seth Klarman)

November 10, 2023 | markets.businessinsider.com

Positive Outlook for Clarivate Amidst Potential Surge in Trademark Demand Post SAG-AFTRA Strike: An Analysis of Investment Potential

November 8, 2023 | finance.yahoo.com

Clarivate Plc (NYSE:CLVT) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Clarivate to Present at the RBC Capital Markets 2023 Technology, Internet, Media and Telecommunications Conference on November 14, 2023

December 10, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 8, 2023 | finance.yahoo.com

Clarivate Plc (NYSE:CLVT): Are Analysts Optimistic?

November 8, 2023 | seekingalpha.com

Clarivate: In Search Of Growth

November 7, 2023 | msn.com

Compared to Estimates, Clarivate PLC (CLVT) Q3 Earnings: A Look at Key Metrics

November 7, 2023 | finance.yahoo.com

Clarivate PLC (CLVT) Reports 1.8% Revenue Increase in Q3 2023

November 7, 2023 | finance.yahoo.com

Clarivate Reports Third Quarter 2023 Results

November 7, 2023 | seekingalpha.com

Clarivate Plc 2023 Q3 - Results - Earnings Call Presentation

November 6, 2023 | markets.businessinsider.com

Clarivate Analytics earnings preview: what to expect

November 5, 2023 | finance.yahoo.com

Clarivate Plc (CLVT-PA)

November 2, 2023 | finance.yahoo.com

FTNT Nov 2023 59.500 call

October 16, 2023 | finance.yahoo.com

Clarivate to Report Third Quarter 2023 Results on November 7, 2023

October 12, 2023 | finanznachrichten.de

Clarivate Plc: Clarivate Report Finds Significant Adoption of AI in IP

October 11, 2023 | finanznachrichten.de

Clarivate Plc: Clarivate Healthcare Business Insights Announces 2022 Revenue Cycle Awards Recipients

October 11, 2023 | finance.yahoo.com

Clarivate Healthcare Business Insights Announces 2022 Revenue Cycle Awards Recipients

October 10, 2023 | finanznachrichten.de

Clarivate Plc: Clarivate Accurately Forecasts Four New 2023 Nobel Prize Laureates

October 10, 2023 | finance.yahoo.com

Clarivate Accurately Forecasts Four New 2023 Nobel Prize Laureates

October 4, 2023 | finance.yahoo.com

Clarivate PLC (CLVT) Stock: A Hidden Value Trap? Unpacking the Risks and Rewards

October 3, 2023 | finanznachrichten.de

Clarivate Plc: Yale University Selects Clarivate to Provide Their Next Library Services and Discovery Platforms

September 27, 2023 | finance.yahoo.com

Seven AI/ML for Life Sciences Companies Identified as Innovators in New Clarivate Companies to Watch Report

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:CLVT
CUSIP: N/A
CIK: 1764046
Web: www.clarivate.com
Phone: 442074334000
Fax: N/A
Employees: 11,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.22
High Stock Price Target: $10.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +2.4%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.26
Trailing P/E Ratio: 30.89
Forward P/E Ratio: 12.95
P/E Growth: 1.23
Net Income: $-3,960,200,000.00
Net Margins: 9.77%
Pretax Margin: 3.63%
Return on Equity: 9.47%
Return on Assets: 3.76%

Debt

Debt-to-Equity Ratio: 0.92
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $2.66 billion
Price / Sales: 2.00
Cash Flow: $1.86 per share
Price / Cash Flow: 4.31
Book Value: $8.04 per share
Price / Book: 1.00

Miscellaneous

Outstanding Shares: 663,920,000
Free Float: 512,748,000
Market Cap: $5.33 billion
Optionable: Optionable
Beta: 1.22

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Key Executives

Mr. Jonathan Gear (Age 52)
CEO & Director
Comp: $1.3M
Mr. Jonathan M. Collins (Age 43)
Executive VP & CFO
Comp: $1.96M
Mr. Gordon Samson (Age 57)
President of Intellectual Property
Comp: $1.02M
Mr. Michael Easton (Age 50)
Senior VP of Finance & Chief Accounting Officer
Mr. William E. Graff
Chief Information Officer
Mr. Mark J. Donohue
Head of Investor Relations
Ms. Melanie D. Margolin J.D. (Age 51)
Chief Legal Officer
Ms. Tabita Andersson
Senior Vice President of Communications & Brand
Ms. Julia M. Wilson (Age 60)
Chief People Officer
Mr. Richard C. Finch
Global Head of Life Sciences Consulting Services

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLVT Stock Analysis - Frequently Asked Questions

Should I buy or sell Clarivate stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clarivate in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 1 year price targets for Clarivate's stock. Their CLVT share price targets range from $6.00 to $10.00. On average, they predict the company's stock price to reach $8.22 in the next twelve months. This suggests a possible upside of 2.4% 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 2023?: Clarivate's stock was trading at $8.34 on January 1st, 2023. Since then, CLVT stock has decreased by 3.7% and is now trading at $8.03.
View the best growth stocks for 2023 here.
Are investors shorting Clarivate?: Clarivate saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 51,760,000 shares, a drop of 9.6% from the October 31st total of 57,270,000 shares. Based on an average daily trading volume, of 5,910,000 shares, the short-interest ratio is presently 8.8 days. Approximately 13.2% of the company's stock are sold short.
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, March 6th 2024.
View our CLVT earnings forecast.
How were Clarivate's earnings last quarter?: Clarivate Plc (NYSE:CLVT) announced its earnings results on Tuesday, November, 7th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The company earned $647.20 million during the quarter, compared to the consensus estimate of $631.41 million. Clarivate had a net margin of 9.77% and a trailing twelve-month return on equity of 9.47%. The firm's revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share.

What ETF holds Clarivate's stock ?: iShares MSCI USA Size Factor ETF holds 68,505 shares of CLVT stock, representing 0.20% of its portfolio.
What guidance has Clarivate issued on next quarter's earnings?: Clarivate issued an update on its FY23 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $0.77-0.83 for the period, compared to the consensus EPS estimate of $0.78. The company issued revenue guidance of $2.60-2.67 billion, compared to the consensus revenue estimate of $2.62 billion.
Who are Clarivate's major shareholders?: Clarivate's stock is owned by many different institutional and retail investors. Top institutional shareholders include Clarkston Capital Partners LLC (8.51%), Impactive Capital LP (4.99%), Baupost Group LLC MA (3.39%), Thompson Siegel & Walmsley LLC (1.24%), Perpetual Ltd (1.02%) and River Road Asset Management LLC (1.03%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CLVT) was last updated on 12/10/2023 by MarketBeat.com Staff

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Clarivate Stock Price, News & Analysis (NYSE:CLVT)

Clarivate MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Clarivate Stock (NYSE:CLVT)

CLVT Stock Price History

CLVT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CLVT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™