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Cerevel Therapeutics Holdings (CERE)
NASDAQ:CERE
RESEARCH TOOLSreports
Cerevel Therapeutics Holdings (CERE) Stock Price & Analysis
208 Followers
CERE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.59 - $43.59
Previous Close$41.6
Volume395.52K
Average Volume (3M)1.43M
Market Cap
$7.62B
Enterprise Value$6.93B
Total Cash (Recent Filing)$990.97M
Total Debt (Recent Filing)$368.61M
Price to Earnings (P/E)-15.6
Beta1.52
Next Earnings
May 13, 2024EPS Estimate
-$0.64Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.67
Shares Outstanding181,576,482
10 Day Avg. Volume1,349,064
30 Day Avg. Volume1,433,706
Standard Deviation0.23
R-Squared0.12
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)11.24
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-19.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-15.94
Forecast
1Y Price Target
$45.00Price Target Upside7.21% Upside
Rating ConsensusHold
Number of Analyst Covering2
Cerevel Therapeutics Holdings News
PremiumCompany Announcements
Cerevel Therapeutics Advances in Merger Amid FTC Review
Bulls Say, Bears Say
Bulls Say
Financial StrategyABBV's recent bond sale to fund its acquisitions is a strong financial move that increases confidence in the completion of the CERE deal.
Mergers And AcquisitionsThe proposed acquisition of CERE by AbbVie is still expected to close, indicating a continued progress towards the merger.
Stock ValuationCERE's share price is currently trading below the acquisition price, suggesting a potential upside if the transaction is completed as planned.
Bears Say
Earnings Concern2023 GAAP EPS came in at -$2.67 on higher OpEx.
Operational EfficiencyThe increase in operational expenses has significantly impacted the company's profitability.
Regulatory ChallengesThe FTC's Second Request for additional information on the CERE-ABBV merger extends the waiting period, potentially delaying the deal.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CERE FAQ
What was Cerevel Therapeutics Holdings’s price range in the past 12 months?
Cerevel Therapeutics Holdings lowest stock price was $19.59 and its highest was $43.59 in the past 12 months.
What is Cerevel Therapeutics Holdings’s market cap?
Currently, no data Available
When is Cerevel Therapeutics Holdings’s upcoming earnings report date?
Cerevel Therapeutics Holdings’s upcoming earnings report date is May 13, 2024 which is in 24 days.
How were Cerevel Therapeutics Holdings’s earnings last quarter?
Cerevel Therapeutics Holdings released its earnings results on Mar 20, 2024. The company reported -$0.765 earnings per share for the quarter, missing the consensus estimate of -$0.67 by -$0.095.
Is Cerevel Therapeutics Holdings overvalued?
According to Wall Street analysts Cerevel Therapeutics Holdings’s price is currently Undervalued.
Does Cerevel Therapeutics Holdings pay dividends?
Cerevel Therapeutics Holdings does not currently pay dividends.
What is Cerevel Therapeutics Holdings’s EPS estimate?
Cerevel Therapeutics Holdings’s EPS estimate is -$0.64.
How many shares outstanding does Cerevel Therapeutics Holdings have?
Cerevel Therapeutics Holdings has 181,576,480 shares outstanding.
What happened to Cerevel Therapeutics Holdings’s price movement after its last earnings report?
Cerevel Therapeutics Holdings reported an EPS of -$0.765 in its last earnings report, missing expectations of -$0.67. Following the earnings report the stock price went down -0.047%.
Which hedge fund is a major shareholder of Cerevel Therapeutics Holdings?
Among the largest hedge funds holding Cerevel Therapeutics Holdings’s share is Perceptive Advisors LLC. It holds Cerevel Therapeutics Holdings’s shares valued at 465M.
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Cerevel Therapeutics Holdings Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$45.00 (7.21% Upside)
$45.00 (7.21% Upside)
Blogger Sentiment
Bullish
CERE Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 2.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $89.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.24%
12-Months-Change
Fundamentals
Return on Equity
-72.44%
Trailing 12-Months
Asset Growth
22.15%
Trailing 12-Months
Company Description
Cerevel Therapeutics Holdings
ARYA Sciences Acquisition Corp II is a blank check company.
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CERE Company Deck
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CERE Earnings Call
Q3 2023
0:00 / 0:00
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CERE Stock 12 Months Forecast
Average Price Target
$45.00
▲(7.21% Upside)
Technical Analysis
Best Analysts Covering CERE
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+37.27%
reiterated a buy rating 6 months ago
Copying Matthew Harrison's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +37.27% per trade.
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