Craig-Hallum analyst Matt Hewitt maintained a Buy rating on Simulations Plus (SLP – Research Report) today. The company’s shares closed yesterday at $39.23.
According to TipRanks, Hewitt is an analyst with an average return of -8.5% and a 32.13% success rate. Hewitt covers the Healthcare sector, focusing on stocks such as Repligen, Apyx Medical, and HealthStream.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simulations Plus with a $55.00 average price target.
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SLP market cap is currently $781.7M and has a P/E ratio of 77.32.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SLP in relation to earlier this year.
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Simulations Plus (SLP) Company Description:
Simulations Plus, Inc. engages in licensing and conducting drug research by pharmaceutical and biotechnology companies. It offers pharmaceutical, and chemical, cosmetics and food industries. The company was founded by Walter S. Woltosz and Virginia E. Woltosz on July 17, 1996 and is headquartered Lancaster, CA.
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