After closing at $13.44 in the most recent trading day, C3.ai Inc. (NYSE: AI) closed at 13.35, down -0.67%. In other words, the price has decreased by $-0.09 from its previous closing price. On the day, 1809863 shares were traded. AI reached its highest trading level at $13.93 during the session, while it also had its lowest trading level at $13.26.
Our goal is to gain a better understanding of AI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.70 and its Current Ratio is at 7.70. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Piper Sandler Downgraded its Overweight to Neutral on June 02, 2022, whereas the target price for the stock was revised from $28 to $15.
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 20 when Parkkinen Juho sold 441 shares for $13.81 per share. The transaction valued at 6,090 led to the insider holds 361,107 shares of the business.
Parkkinen Juho sold 2,378 shares of AI for $34,291 on Sep 16. The SVP & Chief Financial Officer now owns 361,548 shares after completing the transaction at $14.42 per share. On Aug 01, another insider, Parkkinen Juho, who serves as the SVP & Chief Financial Officer of the company, sold 2,120 shares for $18.19 each. As a result, the insider received 38,563 and left with 363,926 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AI now has a Market Capitalization of 1.46B and an Enterprise Value of 553.42M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.74 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 2.08 whereas that against EBITDA is -2.43.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $53.82, while it has fallen to a 52-week low of $13.37. The 50-Day Moving Average of the stock is 18.45, while the 200-Day Moving Average is calculated to be 21.55.
The stock has traded on average 2.22M shares per day over the past 3-months and 2.15M shares per day over the last 10 days, according to various share statistics. A total of 106.84M shares are outstanding, with a floating share count of 90.86M. Insiders hold about 2.50% of the company’s shares, while institutions hold 46.70% stake in the company. Shares short for AI as of Aug 30, 2022 were 12.7M with a Short Ratio of 5.72, compared to 12.72M on Jul 28, 2022. Therefore, it implies a Short% of Shares Outstanding of 11.71% and a Short% of Float of 13.78%.
Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $-0.24 for the current quarter, with a high estimate of $-0.18 and a low estimate of $-0.3, while EPS last year was $-0.22. The consensus estimate for the next quarter is $-0.21, with high estimates of $-0.16 and low estimates of $-0.25.
Analysts are recommending an EPS of between $-0.54 and $-0.95 for the fiscal current year, implying an average EPS of $-0.76. EPS for the following year is $-0.54, with 10 analysts recommending between $-0.32 and $-0.78.
9 analysts predict $66.02M in revenue for the current quarter. It ranges from a high estimate of $67M to a low estimate of $65.31M. As of the current estimate, C3.ai Inc.’s year-ago sales were $51.16M, an estimated increase of 29.00% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for AI’s current fiscal year. The highest revenue estimate was $315M, while the lowest revenue estimate was $306.1M, resulting in an average revenue estimate of $311.3M. In the same quarter a year ago, actual revenue was $252.76M, up 23.20% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $394.72M in the next fiscal year. The high estimate is $428.8M and the low estimate is $377.36M. The average revenue growth estimate for next year is up 26.80% from the average revenue estimate for this year.