C3.ai Inc (NYSE: AI) closed the day trading at $28.90 up 10.52% from the previous closing price of $26.15. In other words, the price has increased by $+2.75 from its previous closing price. On the day, 11750316 shares were traded.
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Ratios:
For a better understanding of AI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.16 and its Current Ratio is at 8.16. In the meantime, Its Debt-to-Equity ratio is 0.00 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:
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 Dec 26 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. The SVP & Chief Financial Officer now owns 296,222 shares after completing the transaction at $32.16 per share. On Dec 18, 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 3.46B and an Enterprise Value of 2.70B. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.17 while its Price-to-Book (P/B) ratio in mrq is 3.80. Its current Enterprise Value per Revenue stands at 9.50 whereas that against EBITDA is -9.36.
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 27.53, while the 200-Day Moving Average is calculated to be 30.25.
Shares Statistics:
Over the past 3-months, AI traded about 8.65M shares per day on average, while over the past 10 days, AI traded about 8.69M shares per day. A total of 110.44M shares are outstanding, with a floating share count of 102.75M. Insiders hold about 14.28% of the company’s shares, while institutions hold 43.39% stake in the company. Shares short for AI as of Jan 31, 2024 were 39.33M with a Short Ratio of 4.54, compared to 39.14M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 32.81% and a Short% of Float of 42.15%.
Earnings Estimates
Current recommendations for the stock of the company come from 13 analysts. On average, analysts expect EPS of -$0.28 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.34, while EPS last year was -$0.06. The consensus estimate for the next quarter is -$0.23, with high estimates of -$0.16 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$0.6 and -$0.77 for the fiscal current year, implying an average EPS of -$0.73. EPS for the following year is -$0.27, with 11 analysts recommending between $0.09 and -$0.6.
Revenue Estimates
A total of 13 analysts have provided revenue estimates for AI’s current fiscal year. The highest revenue estimate was $308.21M, while the lowest revenue estimate was $303M, resulting in an average revenue estimate of $306.08M. In the same quarter a year ago, actual revenue was $266.8M, up 14.70% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $366.61M in the next fiscal year. The high estimate is $390.7M and the low estimate is $350.9M. The average revenue growth estimate for next year is up 19.80% from the average revenue estimate for this year.
