Daily Progress: Cerence Inc (CRNC) Drop -4.80%, Closing at $11.1

Nora Barnes

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Cerence Inc (NASDAQ: CRNC) closed at $11.1 down -4.80% from its previous closing price of $11.66. In other words, the price has decreased by -$4.80 from its previous closing price. On the day, 1.41 million shares were traded. CRNC stock price reached its highest trading level at $11.5 during the session, while it also had its lowest trading level at $10.8912.

Ratios:

For a deeper understanding of Cerence Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.37.

On January 22, 2025, Needham Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $16.

Wells Fargo Downgraded its Overweight to Equal Weight on May 10, 2024, whereas the target price for the stock was revised from $25 to $6.50.

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 Aug 14 ’25 when Mentz Christian sold 4,000 shares for $12.74 per share. The transaction valued at 50,943 led to the insider holds 138,747 shares of the business.

CHRISTIAN MENTZ bought 4,000 shares of CRNC for $50,943 on Aug 14 ’25. On May 09 ’25, another insider, MR THOMAS L. BEAUDOIN, who serves as the Former Director of the company, bought 23,724 shares for $9.27 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRNC now has a Market Capitalization of 480848160 and an Enterprise Value of 618708096. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 3.08. Its current Enterprise Value per Revenue stands at 2.516 whereas that against EBITDA is 45.125.

Stock Price History:

The Beta on a monthly basis for CRNC is 2.82, which has changed by 2.7627118 over the last 52 weeks, in comparison to a change of 0.15101504 over the same period for the S&P500. Over the past 52 weeks, CRNC has reached a high of $27.50, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is 8.63%, while the 200-Day Moving Average is calculated to be 8.88%.

Shares Statistics:

For the past three months, CRNC has traded an average of 2.17M shares per day and 2215540 over the past ten days. A total of 43.26M shares are outstanding, with a floating share count of 40.30M. Insiders hold about 6.96% of the company’s shares, while institutions hold 71.43% stake in the company. Shares short for CRNC as of 1756425600 were 7933336 with a Short Ratio of 3.72, compared to 1753920000 on 8869191. Therefore, it implies a Short% of Shares Outstanding of 7933336 and a Short% of Float of 18.34.

Earnings Estimates

A comprehensive evaluation of Cerence Inc (CRNC) is underway, with the input of 5.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.09, with high estimates of $0.22 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.79 and -$0.12 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.58, with 5.0 analysts recommending between $0.88 and $0.3.

Revenue Estimates

A total of 5 analysts believe the company’s revenue will be $55.3M this quarter.It ranges from a high estimate of $55.8M to a low estimate of $54.47M. As of the current estimate, Cerence Inc’s year-ago sales were $54.8MFor the next quarter, 5 analysts are estimating revenue of $61.55M. There is a high estimate of $66M for the next quarter, whereas the lowest estimate is $55.99M.

A total of 5 analysts have provided revenue estimates for CRNC’s current fiscal year. The highest revenue estimate was $246.9M, while the lowest revenue estimate was $245.63M, resulting in an average revenue estimate of $246.43M. In the same quarter a year ago, actual revenue was $331.5MBased on 5 analysts’ estimates, the company’s revenue will be $258.38M in the next fiscal year. The high estimate is $265.21M and the low estimate is $247.28M.

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