What Are The Chances Of Clarivate Plc. (CLVT) Being A Good Investment?
Clarivate Plc (NYSE:CLVT) has seen 4.61 million shares traded in the last trading session. The company, currently valued at $15.24B, closed the last trade at $25.40 per share which meant it lost -$0.92 on the day or -3.50% during that session. The CLVT stock price is -36.97% off its 52-week high price of $34.79 and 18.03% above the 52-week low of $20.82. If we look at the companys 10-day average daily trading volume, we find that it stood at 18.1 million shares traded. The 3-month trading volume is 3.56 million shares. The consensus among analysts is that Clarivate Plc (CLVT) is a Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 6 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.17. Clarivate Plc (NYSE:CLVT) trade information  Sporting -3.50% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 06/15/21 when the CLVT stock price touched $25.40 or saw a rise of 16.5%. Year-to-date, Clarivate Plc shares have moved -14.51%, while the 5-day performance has seen it change -22.61%. Over the past 30 days, the shares of Clarivate Plc (NYSE:CLVT) have changed -10.81%. Short interest in the company has seen 6.12 million shares shorted with days to cover at 2.69. Wall Street analysts have a consensus price target for the stock at $33.40, which means that the shares value could jump 23.95% from current levels. The projected low price target is $32.00 while the price target rests at a high of $35.00. In that case, then, we find that the current price level is -37.8% off the targeted high while a plunge would see the stock gain -25.98% from current levels. Clarivate Plc (CLVT) estimates and forecasts  Figures show that Clarivate Plc shares have outperformed across the wider relevant industry. The companys shares have lost -13.93% over the past 6 months, with this year growth rate of 20.31%, compared to 2.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -5.60% and 42.90% for the next quarter. Revenue growth from the last financial year stood is estimated to be 44.80%. 5 analysts offering their estimates for the company have set an average revenue estimate of $434.89 million for the current quarter. 5 have an estimated revenue figure of $449.55 million for the next quarter concluding in Sep 2021. Earnings growth for 2021 is a modest 67.80% while over the next 5 years, the companys earnings are expected to increase by 21.50%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  CLVT Dividends  Clarivate Plc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Clarivate Plc (NYSE:CLVT)s Major holders  Insiders own 15.34% of the company shares, while shares held by institutions stand at 76.63% with a share float percentage of 90.52%. Investors are also buoyed by the number of investors in a company, with Clarivate Plc having a total of 262 institutions that hold shares in the company. The top two institutional holders are Leonard Green & Partners, L.P. with over 115.86 million shares worth more than $3.44 billion. As of Dec 30, 2020, Leonard Green & Partners, L.P. held 19.05% of shares outstanding. The other major institutional holder is Price (T.Rowe) Associates Inc, with the holding of over 67.34 million shares as of Dec 30, 2020. The firms total holdings are worth over $2.0 billion and represent 11.07% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Price (T.Rowe) New Horizons Fund and Price (T.Rowe) Mid Cap Growth Fund. As of Dec 30, 2020, the former fund manager holds about 2.87% shares in the company for having 17.48 million shares of worth $519.19 million while later fund manager owns 15.25 million shares of worth $453.08 million as of Dec 30, 2020, which makes it owner of about 2.51% of companys outstanding stock.