C3.ai Inc (AI) Stock Performance: 52-Week Analysis

The closing price of C3.ai Inc (NYSE: AI) was $25.28 for the day, down -5.39% from the previous closing price of $26.72. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 7779432 shares were traded. AI stock price reached its highest trading level at $27.06 during the session, while it also had its lowest trading level at $24.94.

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Our analysis of AI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.08 and its Current Ratio is at 8.08. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on July 25, 2023, initiated with a Market Perform rating and assigned the stock a target price of $40.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 31 when LEVIN RICHARD C sold 12,000 shares for $42.00 per share. The transaction valued at 504,000 led to the insider holds 161,664 shares of the business.

LEVIN RICHARD C sold 12,000 shares of AI for $504,240 on Jul 07. The Director now owns 173,664 shares after completing the transaction at $42.02 per share. On Jun 29, another insider, Parkkinen Juho, who serves as the SVP & Chief Financial Officer of the company, sold 4,220 shares for $36.12 each. As a result, the insider received 152,426 and left with 314,353 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 3.16B and an Enterprise Value of 2.41B. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.91 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 8.80 whereas that against EBITDA is -8.49.

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 $10.16. The 50-Day Moving Average of the stock is 29.04, while the 200-Day Moving Average is calculated to be 26.93.

Shares Statistics:

AI traded an average of 12.69M shares per day over the past three months and 6.55M shares per day over the past ten days. A total of 110.44M shares are outstanding, with a floating share count of 98.93M. Insiders hold about 16.30% of the company’s shares, while institutions hold 34.94% stake in the company. Shares short for AI as of Sep 28, 2023 were 37.48M with a Short Ratio of 37.48M, compared to 35.91M on Aug 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 31.71% and a Short% of Float of 40.91%.

Earnings Estimates

The firm’s stock currently is rated by 14 analysts. On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$0.23, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.05 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.36 and -$0.53 for the fiscal current year, implying an average EPS of -$0.43. EPS for the following year is -$0.01, with 12 analysts recommending between $0.14 and -$0.25.

Revenue Estimates

A total of 14 analysts have provided revenue estimates for AI’s current fiscal year. The highest revenue estimate was $314.31M, while the lowest revenue estimate was $297M, resulting in an average revenue estimate of $307.91M. In the same quarter a year ago, actual revenue was $266.8M, up 15.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $369.09M in the next fiscal year. The high estimate is $390.81M and the low estimate is $346M. The average revenue growth estimate for next year is up 19.90% from the average revenue estimate for this year.

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