Simulations Plus (NASDAQ:SLP – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.750-0.850 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $79.0 million-$82.0 million, compared to the consensus revenue estimate of $81.6 million.
Analysts Set New Price Targets
Several analysts have weighed in on the stock. Craig Hallum cut shares of Simulations Plus from a “buy” rating to a “hold” rating and set a $18.50 price objective on the stock. in a research note on Thursday, June 18th. TD Cowen cut their target price on shares of Simulations Plus from $19.00 to $16.00 and set a “hold” rating for the company in a research note on Friday, April 10th. Weiss Ratings raised Simulations Plus from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, June 5th. William Blair lowered Simulations Plus from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 17th. Finally, Wall Street Zen cut Simulations Plus from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Simulations Plus currently has an average rating of “Hold” and an average target price of $19.88.
View Our Latest Stock Analysis on Simulations Plus
Simulations Plus Stock Up 0.4%
Simulations Plus (NASDAQ:SLP – Get Free Report) last announced its earnings results on Thursday, July 9th. The technology company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. Simulations Plus had a negative net margin of 77.96% and a positive return on equity of 16.21%. The company had revenue of $21.89 million during the quarter, compared to the consensus estimate of $20.90 million. As a group, equities analysts predict that Simulations Plus will post 0.8 earnings per share for the current fiscal year.
Insider Buying and Selling at Simulations Plus
In related news, Director Walter S. Woltosz sold 4,177 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $18.44, for a total value of $77,023.88. Following the completion of the transaction, the director owned 3,202,131 shares in the company, valued at $59,047,295.64. The trade was a 0.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,177 shares of company stock valued at $108,754 over the last three months. Company insiders own 19.10% of the company’s stock.
Institutional Investors Weigh In On Simulations Plus
Several hedge funds and other institutional investors have recently made changes to their positions in SLP. First Light Asset Management LLC lifted its stake in shares of Simulations Plus by 156.4% during the fourth quarter. First Light Asset Management LLC now owns 1,968,917 shares of the technology company’s stock valued at $35,893,000 after acquiring an additional 1,201,157 shares during the period. Ameriprise Financial Inc. increased its position in Simulations Plus by 25.3% in the second quarter. Ameriprise Financial Inc. now owns 875,447 shares of the technology company’s stock worth $15,277,000 after purchasing an additional 176,747 shares during the period. Marshall Wace LLP increased its position in Simulations Plus by 127.5% in the fourth quarter. Marshall Wace LLP now owns 569,783 shares of the technology company’s stock worth $10,387,000 after purchasing an additional 319,301 shares during the period. Goldman Sachs Group Inc. raised its holdings in Simulations Plus by 278.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 427,865 shares of the technology company’s stock worth $7,800,000 after purchasing an additional 314,844 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Simulations Plus by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 399,811 shares of the technology company’s stock worth $7,290,000 after purchasing an additional 5,720 shares during the last quarter. 78.08% of the stock is owned by institutional investors and hedge funds.
About Simulations Plus
Simulations Plus, Inc (NASDAQ: SLP) specializes in advanced modeling and simulation software tailored to the pharmaceutical, biotechnology and chemical industries. The company’s flagship products include ADMET Predictor, a quantitative structure-activity relationship (QSAR) tool for predicting absorption, distribution, metabolism, excretion and toxicity properties, and GastroPlus, a physiologically based pharmacokinetic (PBPK) modeling platform for simulating drug absorption and pharmacokinetics.
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