Cerus (NASDAQ:CERS – Get Free Report) will be announcing its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.04) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Cerus (NASDAQ:CERS – Get Free Report) last issued its quarterly earnings data on Tuesday, March 5th. The biotechnology company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). Cerus had a negative return on equity of 67.17% and a negative net margin of 23.98%. The firm had revenue of $46.77 million during the quarter, compared to analyst estimates of $46.80 million. On average, analysts expect Cerus to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Cerus Stock Performance
Shares of CERS opened at $1.67 on Wednesday. Cerus has a 12 month low of $1.21 and a 12 month high of $3.08. The stock has a fifty day moving average price of $1.94 and a 200-day moving average price of $1.86. The company has a current ratio of 2.14, a quick ratio of 1.55 and a debt-to-equity ratio of 1.12. The firm has a market cap of $302.74 million, a PE ratio of -7.95 and a beta of 1.29.
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Analyst Ratings Changes
Several analysts have recently commented on the company. Stephens reiterated an “equal weight” rating and set a $2.50 price objective on shares of Cerus in a report on Thursday, March 7th. Craig Hallum started coverage on Cerus in a research report on Friday, April 12th. They set a “buy” rating and a $5.00 price target for the company. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $3.00 price target on shares of Cerus in a research report on Wednesday, March 6th.
Read Our Latest Report on Cerus
Cerus Company Profile
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.
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