In the latest session, C3.ai Inc (NYSE: AI) closed at $27.63 down -0.68% from its previous closing price of $27.82. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 5196869 shares were traded.
Ratios:
For a deeper understanding of C3.ai Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.48 and its Current Ratio is at 8.48. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 25, 2023, Northland Capital started tracking the stock assigning a Market Perform rating and target price of $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 26 ’23 when Parkkinen Juho sold 407 shares for $28.80 per share. The transaction valued at 11,722 led to the insider holds 295,815 shares of the business.
Parkkinen Juho sold 685 shares of AI for $22,030 on Dec 20 ’23. The SVP & Chief Financial Officer now owns 296,222 shares after completing the transaction at $32.16 per share. On Dec 18 ’23, another insider, ABBO EDWARD Y, who serves as the Chief Technology Officer of the company, sold 45,548 shares for $30.73 each. As a result, the insider received 1,399,690 and left with 727,373 shares of the company.
Valuation Measures:
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 3.40B and an Enterprise Value of 2.68B. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.38 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 9.02 whereas that against EBITDA is -9.01.
Stock Price History:
Over the past 52 weeks, AI has reached a high of $48.87, while it has fallen to a 52-week low of $16.79. The 50-Day Moving Average of the stock is 28.14, while the 200-Day Moving Average is calculated to be 30.41.
Shares Statistics:
For the past three months, AI has traded an average of 8.32M shares per day and 4.56M over the past ten days. A total of 110.44M shares are outstanding, with a floating share count of 104.62M. Insiders hold about 14.28% of the company’s shares, while institutions hold 42.44% stake in the company. Shares short for AI as of Feb 29, 2024 were 34.33M with a Short Ratio of 4.13, compared to 39.33M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 28.13% and a Short% of Float of 35.95%.
Earnings Estimates
There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.3 for the current quarter, with a high estimate of -$0.27 and a low estimate of -$0.34, while EPS last year was -$0.13. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.1 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$0.62 and -$0.7 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.4, with 13 analysts recommending between -$0.09 and -$0.75.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $84.39M this quarter.It ranges from a high estimate of $85.9M to a low estimate of $84M. As of the current estimate, C3.ai Inc’s year-ago sales were $72.41M, an estimated increase of 16.50% from the year-ago figure.
A total of 14 analysts have provided revenue estimates for AI’s current fiscal year. The highest revenue estimate was $309.89M, while the lowest revenue estimate was $308M, resulting in an average revenue estimate of $308.37M. In the same quarter a year ago, actual revenue was $266.8M, up 15.60% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $367.51M in the next fiscal year. The high estimate is $393.3M and the low estimate is $350M. The average revenue growth estimate for next year is up 19.20% from the average revenue estimate for this year.
