Certara Strengthens Its Position in 2023 with Relative Strength Rating Upgrade.
March 20, 2023
Trending News ☀️
Certara ($NASDAQ:CERT), a leading software and technology-enabled service solutions provider, has recently been awarded an upgraded Relative Strength Rating. This upgrade serves as a testament to its success in the industry and solidifies its position as one of the top providers in the field. In addition to the Relative Strength Rating, Certara has seen other successes in the past few years, such as increased revenue and market share, expanded customer base, and new partnerships with leading pharma companies. The Relative Strength Rating upgrade is a significant boost for Certara, helping to make it one of the most desirable companies in the industry. This rating is based on several criteria, including financial stability, growth potential, and competitive position in the market. This upgrade demonstrates that Certara has the strength and capabilities to remain competitive in 2023 and beyond. The Relative Strength Rating upgrade is just one of the many ways that Certara is positioning itself for even greater success in 2023.
With its commitment to innovation and customer service, Certara strives to be the leader in its field. In addition to its strong rating, Certara has made a number of strategic investments in technology solutions, which will help it to remain competitive in the years to come. The Relative Strength Rating upgrade is yet another example of Certara’s dedication to excellence. It demonstrates their commitment to providing their customers with top-notch products and services, as well as their dedication to staying ahead of the competition. As a leading provider in the industry, Certara is committed to helping its customers succeed and will continue to strive for excellence in 2023 and beyond.
Price History
At the time of writing, news surrounding Certara has been largely positive, with the company recently receiving an upgrade in its relative strength rating. On Tuesday, Certara’s stock opened at $20.6 and closed at $20.7, an impressive 1.9% increase from its prior closing price of $20.3. This further solidifies the company’s position as a leader in its respective industry, and marks a significant milestone in its development in the coming year. It is clear that the company is continuing to see success, with this latest upgrade being just one example of its growth potential for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Certara. More…
| Total Revenues | Net Income | Net Margin |
| 335.64 | 14.73 | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Certara. More…
| Operations | Investing | Financing |
| 92.54 | -27.84 | -7.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Certara. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.57k | 493.26 | 6.77 |
Key Ratios Snapshot
Some of the financial key ratios for Certara are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 17.2% | 18.4% | 10.9% |
| FCF Margin | ROE | ROA |
| 23.8% | 2.1% | 1.5% |
Analysis
At GoodWhale, we conducted an analysis on CERTARA‘s wellbeing. Our Risk Rating system showed that CERTARA is a high risk investment in terms of financial and business aspects. We detected 3 risk warnings in the income sheet, balance sheet, and cashflow statement of the company. To get a complete picture of CERTARA’s health, visit our website at goodwhale.com and register to view the full report. More…
Peers
The competition in the genomics market is heating up as Certara Inc goes up against 10x Genomics Inc, Cambridge Cognition Holdings PLC, and Schrodinger Inc. All four companies are vying for a piece of the market share in this rapidly growing industry. So far, Certara Inc has been the most successful, but the other three are not far behind.
– 10x Genomics Inc ($NASDAQ:TXG)
As of 2022, 10x Genomics Inc has a market cap of 2.93B. The company’s Return on Equity for that year was -10.81%. 10x Genomics is a company that provides sequencing and gene editing services.
– Cambridge Cognition Holdings PLC ($LSE:COG)
Cambridge Cognition Holdings PLC is a neuropsychological testing company. The company develops and commercializes cognitive tests used by clinicians and researchers to assess brain function in patients with neurological and psychiatric disorders. Cambridge Cognition’s tests are used in clinical trials to measure the efficacy of new treatments and to screen patients for clinical studies. The company’s products are also used by pharmaceutical companies to support marketing claims for cognitive enhancing drugs.
– Schrodinger Inc ($NASDAQ:SDGR)
Schrodinger Inc is a publicly traded company with a market capitalization of 1.55 billion as of 2022. The company has a return on equity of -15.16%. Schrodinger is a provider of advanced molecular simulations and enterprise software solutions. The company’s flagship product, Maestro, is a molecular modeling and simulation software platform used by scientists to predict the behavior of complex molecules and materials.
Summary
Certara, a healthcare analytics and technology company, has recently earned an upgrade to its Relative Strength Rating. This indicates that, at the time of writing, the company is in a strong position for 2023. Investors are optimistic about the company’s prospects, as it continues to provide advanced analytics and technology solutions to the healthcare industry.
Certara has been expanding its reach through strategic partnerships, collaborations, and acquisitions and is well-positioned to take advantage of increasing demand for modern healthcare technology solutions. Looking ahead, investors may be encouraged by the positive outlook for Certara and its ability to deliver value in the long term.
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