Certara gains as UBS upgrades citing compelling buy [Seeking Alpha]
Certara, Inc. (CERT)
Company Research
Source: Seeking Alpha
Princeton, New Jersey-based HealthTech, which develops biosimulation software, has lost ~33% in value this year. UBS analyst Dan Leonard wrote that its selloff this month, exceeding those of its peer contract research organizations, is overdone given the pressure faced by the group consistently. Leonard added that despite contributing ~40% to the top line, CERT's software platform is positioned to generate over double-digit sales growth in 2026 and beyond, offsetting the headwinds faced by the company's service businesses, which make up ~60% of sales. "We believe these headwinds have stabilized as seen across our pharmaceutical supplier coverage and are well appreciated by investors," Leonard added, with a 12-month price target of $16 on CERT. Citing the company's Model Informed Drug Development (MIDD) software, Simcyp, the analyst argued that the company is uniquely positioned to benefit from a regulatory push to promote MIDD use. "Still, we estimate that Certara is only ~40
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CERT
News
- Soft Biotech Funding and Cost-Cutting Dragged Certara (CERT) in Q3 [Yahoo! Finance]Yahoo! Finance
- Certara, Inc. (NASDAQ: CERT) had its price target lowered by analysts at Barclays PLC from $14.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
- Certara Inc (CERT) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Certara Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- Certara, Inc. (NASDAQ: CERT) had its price target lowered by analysts at Robert W. Baird from $18.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
CERT
Earnings
- 11/6/24 - Beat
CERT
Sec Filings
- 11/14/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- CERT's page on the SEC website