Clarivate EPS Estimates Up 16.7% and 13.4%, Stock Jumps 17.1%
Analysts have lifted Clarivate’s current-quarter EPS consensus by 16.7% and full-year EPS by 13.4% over the past month, driven by multiple upward revisions. The company now carries a Zacks Rank #2 Buy rating, and its stock has climbed 17.1% over the last four weeks.
1. Strong EPS Estimate Revisions
Analysts have increased Clarivate’s current-quarter EPS consensus by 16.7% over the last 30 days after two upward and one downward revision, while full-year EPS consensus rose 13.4% following three upward revisions and no downgrades.
2. Zacks Rank #2 Rating
The estimate momentum has earned Clarivate a Zacks Rank #2 (Buy), reflecting a positive outlook based on empirical correlation between upward estimate revisions and stock performance within the Zacks Rank system.
3. Recent Stock Performance
Clarivate’s shares have gained 17.1% over the past four weeks, driven by the upward revisions and growing analyst optimism, suggesting potential for further upside as estimate trends continue.