Simulations Plus found using ticker (SLP) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 75 and 54 calculating the average target price we see 60. Given that the stocks previous close was at 44.08 this indicates there is a potential upside of 36.1%. The 50 day moving average now sits at 46.02 and the 200 day MA is 45.41. The market capitalisation for the company is $866m. Company Website: https://www.simulations-plus.com
The potential market cap would be $1,178m based on the market concensus.
Simulations Plus develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide. It operates through four segments: Simulations Plus, Cognigen, DILIsym, and Lixoft. The company offers GastroPlus, which simulates the absorption and drug interaction of compounds administered to humans and animals; and DDDPlus and MembranePlus simulation products. It also provides products based on mechanistic and mathematical models, such as DILIsym, a quantitative systems pharmacology software; NAFLDsym; IPFsym; RENAsym; and MITOsym. In addition, the company provides Absorption, Distribution, Metabolism, Excretion, and Toxicity Predictor for chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, as well as modeling and simulation products comprising MonolixSuite and PKPlus. Further, it provides population modeling and simulation contract research services; training and consulting services designed to accelerate pharmacometrics studies; and clinical-pharmacology-based consulting services in support of regulatory submissions. The company serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food companies, as well as academic and regulatory agencies. Simulations Plus was incorporated in 1996 and is headquartered in Lancaster, California.