Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Cerence Inc (NASDAQ: CRNC) closed at $9.5 down -6.95% from its previous closing price of $10.21. In other words, the price has decreased by -$6.95 from its previous closing price. On the day, 2.2 million shares were traded. CRNC stock price reached its highest trading level at $10.2 during the session, while it also had its lowest trading level at $9.28.
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 3.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.01. 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:
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 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:
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 443063840 and an Enterprise Value of 595309824. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 2.341 whereas that against EBITDA is 34.182.
Stock Price History:
The Beta on a monthly basis for CRNC is 2.82, which has changed by 2.1772575 over the last 52 weeks, in comparison to a change of 0.11937654 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 $2.34. The 50-Day Moving Average of the stock is 3.77%, while the 200-Day Moving Average is calculated to be 15.19%.
Shares Statistics:
For the past three months, CRNC has traded an average of 1.31M shares per day and 2079030 over the past ten days. 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. Shares short for CRNC as of 1749772800 were 8883737 with a Short Ratio of 6.80, compared to 1747267200 on 8810899. Therefore, it implies a Short% of Shares Outstanding of 8883737 and a Short% of Float of 20.560000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Cerence Inc (CRNC) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.04 and low estimates of -$0.18.
Analysts are recommending an EPS of between $0.62 and $0.02 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.38, with 6.0 analysts recommending between $0.54 and $0.05.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $54.83M this 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, 6 analysts are estimating revenue of $57.55M. There is a high estimate of $61.3M for the next quarter, whereas the lowest estimate is $55.45M.
A total of 6 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 $241.28M. In the same quarter a year ago, actual revenue was $331.5MBased on 6 analysts’ estimates, the company’s revenue will be $258.92M in the next fiscal year. The high estimate is $277.5M and the low estimate is $243.78M.
