In the latest session, Thoughtworks Holding Inc (NASDAQ: TWKS) closed at $2.32 down -1.28% from its previous closing price of $2.35. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 711109 shares were traded.
Ratios:
For a deeper understanding of Thoughtworks Holding 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 7.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.71. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.69. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
On January 02, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $6.
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 Dec 27 ’23 when Parke Joanna sold 16,005 shares for $5.00 per share. The transaction valued at 80,025 led to the insider holds 425,522 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWKS now has a Market Capitalization of 745.51M and an Enterprise Value of 983.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.87 whereas that against EBITDA is 50.29.
Stock Price History:
Over the past 52 weeks, TWKS has reached a high of $8.41, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 3.3882, while the 200-Day Moving Average is calculated to be 4.5841.
Shares Statistics:
For the past three months, TWKS has traded an average of 829.93K shares per day and 645.75k over the past ten days. A total of 322.41M shares are outstanding, with a floating share count of 87.31M. Insiders hold about 72.95% of the company’s shares, while institutions hold 22.96% stake in the company. Shares short for TWKS as of Mar 15, 2024 were 3.49M with a Short Ratio of 4.21, compared to 2.35M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.08% and a Short% of Float of 2.87%.
Earnings Estimates
There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.02, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.02, with high estimates of $0.03 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.16 and $0.04 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.18, with 9 analysts recommending between $0.22 and $0.09.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $243.37M this quarter.It ranges from a high estimate of $245.64M to a low estimate of $242M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $307.06M, an estimated decrease of -20.70% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $243.3M, a decrease of -15.30% over than the figure of -$20.70% in the same quarter last year. There is a high estimate of $249.9M for the next quarter, whereas the lowest estimate is $239.3M.
A total of 10 analysts have provided revenue estimates for TWKS’s current fiscal year. The highest revenue estimate was $1.25B, while the lowest revenue estimate was $974.77M, resulting in an average revenue estimate of $1.01B. In the same quarter a year ago, actual revenue was $1.13B, down -9.90% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.12B and the low estimate is $1.03B. The average revenue growth estimate for next year is up 5.70% from the average revenue estimate for this year.
