Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $8.99 in the prior trading day, Cerence Inc (NASDAQ: CRNC) closed at $8.43, down -6.23%. In other words, the price has decreased by -$6.23 from its previous closing price. On the day, 1.35 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CRNC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.42.
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:
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 May 09 ’25 when MR THOMAS L. BEAUDOIN bought 23,724 shares for $9.27 per share.
MR THOMAS L. BEAUDOIN bought 16,073 shares of CRNC for $149,503 on May 08 ’25. On Apr 28 ’25, another insider, MR THOMAS L. BEAUDOIN, who serves as the Former Director of the company, bought 10,000 shares for $9.40 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 2.44.
Stock Price History:
Over the past 52 weeks, CRNC has reached a high of $27.50, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is -3.78%, while the 200-Day Moving Average is calculated to be 6.54%.
Shares Statistics:
A total of 43.25M shares are outstanding, with a floating share count of 40.00M. Insiders hold about 7.53% of the company’s shares, while institutions hold 77.01% stake in the company.
Earnings Estimates
Cerence Inc (CRNC) is currently under the scrutiny of 5.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.07, with high estimates of $0.0 and low estimates of -$0.18.
Analysts are recommending an EPS of between $0.7 and $0.02 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.41, with 6.0 analysts recommending between $0.73 and $0.05.
Revenue Estimates
7 analysts predict $54.94M in revenue for the current quarter. It ranges from a high estimate of $56.5M to a low estimate of $52.09M. As of the current estimate, Cerence Inc’s year-ago sales were $70.54MFor the next quarter, 7 analysts are estimating revenue of $57.45M. There is a high estimate of $61.3M for the next quarter, whereas the lowest estimate is $55.45M.
A total of 7 analysts have provided revenue estimates for CRNC’s current fiscal year. The highest revenue estimate was $245.9M, while the lowest revenue estimate was $236.72M, resulting in an average revenue estimate of $241.3M. In the same quarter a year ago, actual revenue was $331.5MBased on 7 analysts’ estimates, the company’s revenue will be $260.64M in the next fiscal year. The high estimate is $277.5M and the low estimate is $243.78M.
