Key Points
- Insider sale: Philip Caldwell sold 456,940 shares at an average of GBX 622 on April 30, a transaction worth £2,842,166.80.
- Weak recent financials: Ceres is loss-making (GBX -24.52 EPS last quarter; analysts forecast ~-12.44 EPS for the year) with a negative net margin (-145.65%) and negative ROE (-39.26%), yet a market cap around £1.24bn and a volatile share range (1‑year low GBX 58.55, high GBX 656).
- Analyst sentiment: Brokers hold a consensus Buy rating with an average target of GBX 505; Berenberg and Jefferies both recommend buy, and Jefferies raised its target to GBX 480.
Ceres Power Holdings plc (LON:CWR - Get Free Report) insider Philip Caldwell sold 456,940 shares of the company's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of GBX 622, for a total transaction of £2,842,166.80.
Ceres Power Price Performance
Shares of Ceres Power stock opened at GBX 637 on Friday. The company has a current ratio of 3.27, a quick ratio of 12.18 and a debt-to-equity ratio of 2.24. The stock has a market capitalization of £1.24 billion, a price-to-earnings ratio of -25.98 and a beta of 2.90. Ceres Power Holdings plc has a 1-year low of GBX 58.55 and a 1-year high of GBX 656. The firm's 50-day moving average price is GBX 355.70 and its two-hundred day moving average price is GBX 313.99.
Ceres Power (LON:CWR - Get Free Report) last issued its quarterly earnings data on Thursday, March 26th. The company reported GBX (24.52) earnings per share for the quarter. Ceres Power had a negative return on equity of 39.26% and a negative net margin of 145.65%. On average, equities analysts predict that Ceres Power Holdings plc will post -12.4426979 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several brokerages have weighed in on CWR. Berenberg Bank reaffirmed a "buy" rating and set a GBX 530 price objective on shares of Ceres Power in a research note on Thursday, March 26th. Jefferies Financial Group upped their target price on shares of Ceres Power from GBX 460 to GBX 480 and gave the stock a "buy" rating in a research report on Thursday, April 16th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 505.
View Our Latest Report on CWR
Ceres Power Company Profile
(
Get Free Report)
Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems, including AI data centres, commercial and industrial applications, and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels.
Further Reading
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