NASDAQ:CERS Cerus (CERS) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free CERS Stock Alerts $1.89 +0.10 (+5.59%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$1.79▼$1.9150-Day Range$1.74▼$2.4252-Week Range$1.21▼$3.08Volume1.23 million shsAverage Volume1.67 million shsMarket Capitalization$342.62 millionP/E RatioN/ADividend YieldN/APrice Target$2.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cerus alerts: Email Address Cerus MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside45.5% Upside$2.75 Price TargetShort InterestHealthy2.80% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.06Based on 6 Articles This WeekInsider TradingSelling Shares$372,912 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.10) to ($0.04) Per ShareSee Full Details Hide Full Details 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.2.71 out of 5 starsMedical Sector481st out of 938 stocksSurgical & Medical Instruments Industry53rd out of 95 stocks 3.3 Analyst's Opinion Consensus RatingCerus has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.75, Cerus has a forecasted upside of 45.5% from its current price of $1.89.Amount of Analyst CoverageCerus has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.80% of the outstanding shares of Cerus have been sold short.Short Interest Ratio / Days to CoverCerus has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cerus has recently increased by 12.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCerus does not currently pay a dividend.Dividend GrowthCerus does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CERS. Previous Next 3.4 News and Social Media Coverage News SentimentCerus has a news sentiment score of 1.06. 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 0.61 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Cerus this week, compared to 1 article on an average week.Search Interest5 people have searched for CERS on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Cerus to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cerus insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $372,912.00 in company stock.Percentage Held by InsidersOnly 7.05% of the stock of Cerus is held by insiders.Percentage Held by Institutions78.37% of the stock of Cerus is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Cerus are expected to grow in the coming year, from ($0.10) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cerus is -9.00, 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. SectorThe P/E ratio of Cerus is -9.00, 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 RatioCerus has a P/B Ratio of 6.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Cerus Stock (NASDAQ:CERS)Cerus Corporation operates as a biomedical products company. The company focuses on developing and commercializing the INTERCEPT Blood System to enhance blood safety. Its INTERCEPT Blood System, a proprietary technology for controlling biological replication that is designed to reduce blood-borne pathogens in donated blood components intended for transfusion. The company offers INTERCEPT Blood Systems for platelets and plasma, which is designed to inactivate blood-borne pathogens in platelets and plasma donated for transfusion; INTERCEPT Blood System for red blood cells to inactivate blood-borne pathogens in red blood cells donated for transfusion; and INTERCEPT Blood System for Cryoprecipitation that uses its plasma system to produce pathogen reduced cryoprecipitated fibrinogen complex for the treatment and control of bleeding, including massive hemorrhage associated with fibrinogen deficiency, as well as pathogen reduced plasma, cryoprecipitate reduced. It sells platelet and plasma systems through its direct sales force and distributors in the United States, Europe, the Commonwealth of Independent States, the Middle East, Latin America, and internationally. The company was incorporated in 1991 and is headquartered in Concord, California.Read More CERS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CERS Stock News HeadlinesMarch 15, 2024 | insidertrades.comCerus Co. (NASDAQ:CERS) Insider Chrystal Jensen Sells 17,460 SharesMarch 12, 2024 | insidertrades.comCerus Co. (NASDAQ:CERS) Insider Richard J. Benjamin Sells 29,378 SharesMarch 29, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.March 28, 2024 | stockhouse.comCerus Corporation Announces FDA Approval of Extended Shelf Life for INTERCEPT Platelet Processing Sets - Doubling Previous Shelf LifeMarch 26, 2024 | markets.businessinsider.comCerus: FDA Approves 12-month Shelf Life For INTERCEPT Platelet Processing SetsMarch 26, 2024 | finance.yahoo.comCerus Corporation Announces FDA Approval of Extended Shelf Life for INTERCEPT Platelet Processing Sets – Doubling Previous Shelf LifeMarch 19, 2024 | msn.comWhy Blood Components-Focused Cerus Stock Is Rising TuesdayMarch 19, 2024 | markets.businessinsider.comCerus’s Strong Q4 Performance and Positive 2024 Outlook Prompt ‘Buy’ RatingMarch 29, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.March 19, 2024 | markets.businessinsider.comCerus Announces Positive Results For Phase 3 Trial Of Intercept Blood SystemMarch 19, 2024 | msn.comCerus' soars on meeting main goal of late stage trial for INTERCEPT RBCs in heart surgery patientsMarch 19, 2024 | finance.yahoo.comCerus Corporation Announces Positive Topline Results for the Phase 3 Clinical Trial of the INTERCEPT Blood System for Red Blood Cells in Cardiovascular Surgery PatientsMarch 16, 2024 | ca.finance.yahoo.comCERS Apr 2024 3.000 callMarch 15, 2024 | finance.yahoo.comInsider Sell: COO Vivek Jayaraman Sells 53,041 Shares of Cerus Corp (CERS)March 15, 2024 | finance.yahoo.comInsider Sell: President and CEO William Greenman Sells 125,926 Shares of Cerus Corp (CERS)March 8, 2024 | finance.yahoo.comEarnings Release: Here's Why Analysts Cut Their Cerus Corporation (NASDAQ:CERS) Price Target To US$4.13March 7, 2024 | finance.yahoo.comCerus Corporation (NASDAQ:CERS) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comCerus Corp (CERS) Posts Narrowed Q4 Net Loss and Achieves Adjusted EBITDA BreakevenMarch 7, 2024 | seekingalpha.comCerus Corporation (CERS) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comCerus Full Year 2023 Earnings: EPS Beats Expectations, Revenues LagMarch 6, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Cerus (CERS)March 6, 2024 | finance.yahoo.comQ4 2023 Cerus Corp Earnings CallMarch 6, 2024 | gurufocus.comQ4 2023 Cerus Corp Earnings Call TranscriptMarch 5, 2024 | investorplace.comCERS Stock Earnings: Cerus Beats EPS, Misses Revenue for Q4 2023March 5, 2024 | businesswire.comCerus Corporation Announces Fourth Quarter and Full-Year 2023 Financial ResultsMarch 5, 2024 | businesswire.comCerus Corporation Announces Fourth Quarter and Full-Year 2023 Financial ResultsMarch 4, 2024 | benzinga.comCerus's Earnings: A PreviewSee More Headlines Receive CERS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cerus and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Today3/29/2024Next Earnings (Estimated)5/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryHealth Care Supplies Current SymbolNASDAQ:CERS CUSIP15708510 CIK1020214 Webwww.cerus.com Phone(925) 288-6000Fax925-288-6001Employees665Year Founded1991Price Target and Rating Average Stock Price Target$2.75 High Stock Price Target$3.00 Low Stock Price Target$2.50 Potential Upside/Downside+45.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.21) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-37,490,000.00 Net Margins-23.98% Pretax Margin-19.98% Return on Equity-67.17% Return on Assets-17.68% Debt Debt-to-Equity Ratio1.12 Current Ratio2.14 Quick Ratio1.55 Sales & Book Value Annual Sales$156.37 million Price / Sales2.19 Cash FlowN/A Price / Cash FlowN/A Book Value$0.29 per share Price / Book6.52Miscellaneous Outstanding Shares181,280,000Free Float168,503,000Market Cap$342.62 million OptionableOptionable Beta1.31 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. William M. Greenman (Age 57)President, CEO & Director Comp: $1.33MMr. Kevin D. Green (Age 52)VP of Finance & CFO Comp: $748.49kMr. Vivek K. Jayaraman (Age 49)Chief Operating Officer Comp: $861.67kMs. Chrystal Jensen (Age 53)Chief Legal Officer & General Counsel Comp: $692.16kDr. Richard J. Benjamin (Age 64)Chief Medical Officer Comp: $719.74kDr. Laurence M. Corash (Age 80)Co-Founder & Chief Scientific Officer Comp: $697.77kMs. Lori L. RollVP of Administration & Corporate SecretaryMr. Matthew M. NotarianniSenior Director of Investor RelationsLainie CortenVice President of Global MarketingMs. Alicia GoodmanChief Human Resources OfficerMore ExecutivesKey CompetitorsAnika TherapeuticsNASDAQ:ANIKUtah Medical ProductsNASDAQ:UTMDOraSure TechnologiesNASDAQ:OSURAtrionNASDAQ:ATRILyra TherapeuticsNASDAQ:LYRAView All CompetitorsInsiders & InstitutionsKevin Dennis GreenSold 21,497 sharesTotal: $42,349.09 ($1.97/share)William Mariner GreenmanSold 62,315 sharesTotal: $128,368.90 ($2.06/share)Vivek K JayaramanSold 26,247 sharesTotal: $54,068.82 ($2.06/share)Chrystal JensenSold 17,460 sharesTotal: $35,967.60 ($2.06/share)Carol MooreSold 20,619 sharesTotal: $41,650.38 ($2.02/share)View All Insider TransactionsView All Institutional Transactions CERS Stock Analysis - Frequently Asked Questions Should I buy or sell Cerus stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cerus in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CERS shares. View CERS analyst ratings or view top-rated stocks. What is Cerus' stock price target for 2024? 2 brokerages have issued twelve-month price objectives for Cerus' stock. Their CERS share price targets range from $2.50 to $3.00. On average, they anticipate the company's stock price to reach $2.75 in the next twelve months. This suggests a possible upside of 45.5% from the stock's current price. View analysts price targets for CERS or view top-rated stocks among Wall Street analysts. How have CERS shares performed in 2024? Cerus' stock was trading at $2.16 at the start of the year. Since then, CERS shares have decreased by 12.5% and is now trading at $1.89. View the best growth stocks for 2024 here. Are investors shorting Cerus? Cerus saw a increase in short interest in March. As of March 15th, there was short interest totaling 5,070,000 shares, an increase of 12.7% from the February 29th total of 4,500,000 shares. Based on an average daily volume of 1,640,000 shares, the days-to-cover ratio is presently 3.1 days. View Cerus' Short Interest. When is Cerus' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CERS earnings forecast. How were Cerus' earnings last quarter? Cerus Co. (NASDAQ:CERS) released its earnings results on Tuesday, March, 5th. The biotechnology company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). The biotechnology company had revenue of $46.77 million for the quarter, compared to analyst estimates of $46.80 million. Cerus had a negative net margin of 23.98% and a negative trailing twelve-month return on equity of 67.17%. What ETFs hold Cerus' stock? ETFs with the largest weight of Cerus (NASDAQ:CERS) stock in their portfolio include ARK Genomic Revolution ETF (ARKG) and Invesco Nasdaq Future Gen 200 ETF (QQQS).ARK Innovation ETF (ARKK). What guidance has Cerus issued on next quarter's earnings? Cerus updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $172.0 million-$175.0 million, compared to the consensus revenue estimate of $185.9 million. What is William M. (Obi) Greenman's approval rating as Cerus' CEO? 15 employees have rated Cerus Chief Executive Officer William M. (Obi) Greenman on Glassdoor.com. William M. (Obi) Greenman has an approval rating of 35% among the company's employees. This puts William M. (Obi) Greenman in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Cerus own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cerus investors own include Rite Aid (RAD), SCYNEXIS (SCYX), Alibaba Group (BABA), Inovio Pharmaceuticals (INO), OPKO Health (OPK), Pfizer (PFE), Immunomedics (IMMU), Exelixis (EXEL), Novavax (NVAX) and NVIDIA (NVDA). Who are Cerus' major shareholders? Cerus' stock is owned by a number of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (11.54%), Vanguard Group Inc. (5.45%), Vanguard Group Inc. (5.44%), Sumitomo Mitsui Trust Holdings Inc. (4.18%), Nikko Asset Management Americas Inc. (4.18%) and Senvest Management LLC (3.63%). Insiders that own company stock include Ann Lucena, Carol Moore, Chrystal Jensen, Chrystal Menard, Daniel N Swisher Jr, Eric Bjerkholt, Gail Schulze, Kevin Dennis Green, Laurence M Corash, Richard J Benjamin, Vivek K Jayaraman and William Mariner Greenman. View institutional ownership trends. How do I buy shares of Cerus? Shares of CERS 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. 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