Somewhat Positive Press Coverage Somewhat Unlikely to Impact Simulations Plus (SLP) Stock Price
News stories about Simulations Plus (NASDAQ:SLP) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Simulations Plus earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 46.6199595590055 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Zacks: Simulations Plus, Inc. (SLP) Given Consensus Rating of “Strong Buy” by Analysts (americanbankingnews.com)
- Simulations Plus : Releases ADMET Predictor™ Version 8.5 (4-traders.com)
- Simulations Plus Releases ADMET Predictor™ Version 8.5 (finance.yahoo.com)
- Walter S. Woltosz Sells 18,500 Shares of Simulations Plus, Inc. (SLP) Stock (americanbankingnews.com)
- Zacks: Analysts Set $17.35 Target Price for Simulations Plus, Inc. (SLP) (americanbankingnews.com)
SLP has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Simulations Plus from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. BidaskClub lowered Simulations Plus from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st.
Simulations Plus (NASDAQ:SLP) last issued its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.01. Simulations Plus had a return on equity of 23.95% and a net margin of 23.94%. The firm had revenue of $6.30 million for the quarter, compared to analyst estimates of $5.01 million. sell-side analysts anticipate that Simulations Plus will post 0.4 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 13th were paid a $0.06 dividend. The ex-dividend date was Friday, November 10th. This is a positive change from Simulations Plus’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 1.54%. Simulations Plus’s payout ratio is 72.73%.
In other news, major shareholder Walter S. Woltosz sold 18,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $15.45, for a total transaction of $285,825.00. Following the completion of the sale, the insider now owns 5,647,916 shares in the company, valued at $87,260,302.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders sold 55,500 shares of company stock worth $880,600. Insiders own 36.93% of the company’s stock.
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About Simulations Plus
Simulations Plus, Inc (Simulations Plus) develops and produces software for use in pharmaceutical research and for education, and provides consulting and contract research services to the pharmaceutical industry. The Company offers five software products for pharmaceutical research. ADMET (Absorption, Distribution, Metabolism, Excretion and Toxicity) Predictor is a computer program that takes molecular structures as inputs and predicts over 140 different properties for them at the rate of about 200,000 compounds per hour.
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