- Simulations Plus (SLP, Financial) sees a 10% revenue increase in Q3, with contributions from Pro-ficiency acquisition.
- Analyst projections point to a potential 63.14% upside in stock price.
- GuruFocus estimates a significant 275.67% upside based on GF Value.
Simulations Plus (SLP) recently reported its financial results for the third quarter, showing a positive trajectory with a 10% increase in revenue, climbing to $20.4 million. This growth was notably fueled by a $2.4 million contribution stemming from the recent acquisition of Pro-ficiency. Despite the impressive top-line boost, it's worth noting that organic revenue experienced a slight decline of 4%. Interestingly, the company saw an increase in adjusted diluted EPS to $0.45, and adjusted EBITDA accounted for 37% of overall revenue, reflecting operational efficiency.
Wall Street Analysts Forecast
Analysts have set their sights on Simulations Plus Inc (SLP, Financial) with a collective one-year price target averaging $28.50. The forecasts range from a high of $36.00 to a low of $25.00, hinting at a promising potential upside of 63.14% compared to the current stock price of $17.47. For those eager to dive deeper into these projections, more comprehensive details are available on the Simulations Plus Inc (SLP) Forecast page.
Moreover, the general sentiment from six brokerage firms underscores an "Outperform" status for SLP, with an average brokerage recommendation score of 1.7. This rating is indicative of favorable analyst perspectives, where a score of 1 signifies a Strong Buy, and a score of 5 would suggest a Sell.
GuruFocus Valuation Insights
In addition, proprietary metrics from GuruFocus reveal an estimated GF Value for Simulations Plus Inc (SLP, Financial) at $65.63 over a one-year horizon. This implies a substantial upside potential of 275.67% from the present market price of $17.47. The GF Value provides an estimate of the stock's fair trade value, computed using historical trading multiples, past business growth, and future business performance estimates. Investors and analysts can explore this and other data in depth on the Simulations Plus Inc (SLP) Summary page.
