 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Clarivate Analytics Plc (CCC), an information services and analytics company, provides structured information and analytics for discovery, protection, and commercialization of scientific research, innovations, and brands.
It offers Web of Science products and services to organizations that plan, fund, implement, and utilize research, such as Web of Science, InCites, Journal Citation Reports, EndNote, ScholarOne, Converis, Publons, and Kopernio; and Life Sciences Products, including Cortellis, Newport, and Integrity to pharmaceutical and biotechnology companies.
The company also provides Derwent products, which includes Derwent Innovation, Techstreet, and IP Professional Services that provide various analytics capabilities and data visualization tools to enhance the IP-driven decisions; CompuMark products, such as trademark screening, searching, and watching products and services for businesses and law firms; and MarkMonitor, a technology service, including domain management and brand protection services. It serves government and academic institutions, life science companies, and R&D corporations.
Clarivate Analytics Plc reported Quarter December 2019 earnings of $0.11 per share on revenue of $255.0 million. The consensus earnings estimate was $0.11 per share on revenue of $253.6 million.
The company said it expects 2020 earnings of $0.53 to $0.59 per share on revenue of $1.16 billion to $1.19 billion. The current consensus earnings estimate is $0.73 per share on revenue of $1.15 billion for the year ending December 31, 2020.
The data company should see a steady increase in revenue as more businesses seek data protection services as more employees work remotely.
Entry point: $20.50
52-week trade range: $12.70 - $23.66
Stop/Loss: $19.48
Target Price: $22.55
CCC closed at $23.10
