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As of close of business last night, Cerence Inc’s stock clocked out at $9.86, down -0.20% from its previous closing price of $9.88. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 0.86 million shares were traded. CRNC stock price reached its highest trading level at $9.905 during the session, while it also had its lowest trading level at $9.53.
Ratios:
To gain a deeper understanding of CRNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 1.71.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 13 ’25 when Mentz Christian sold 3,600 shares for $14.73 per share. The transaction valued at 53,028 led to the insider holds 142,747 shares of the business.
BEAUDOIN THOMAS L sold 5,000 shares of CRNC for $58,400 on Feb 03 ’25. The Director now owns 173,966 shares after completing the transaction at $11.68 per share. On Feb 03 ’25, another insider, THOMAS L. BEAUDOIN, who serves as the Director of the company, bought 5,000 shares for $11.68 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 425942112 and an Enterprise Value of 588319040. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 2.411 whereas that against EBITDA is -52.745.
Stock Price History:
The Beta on a monthly basis for CRNC is 2.96, which has changed by -0.36387098 over the last 52 weeks, in comparison to a change of 0.10063088 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 -18.83%, while the 200-Day Moving Average is calculated to be 56.28%.
Shares Statistics:
It appears that CRNC traded 7.18M shares on average per day over the past three months and 1006100 shares per day over the past ten days. A total of 42.99M shares are outstanding, with a floating share count of 39.96M. Insiders hold about 7.49% of the company’s shares, while institutions hold 77.55% stake in the company. Shares short for CRNC as of 1741910400 were 9181437 with a Short Ratio of 1.24, compared to 1739491200 on 8413330. Therefore, it implies a Short% of Shares Outstanding of 9181437 and a Short% of Float of 21.280001000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current assessment of Cerence Inc (CRNC) involves the perspectives of 7.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.08, with high estimates of $0.03 and low estimates of -$0.15.
Analysts are recommending an EPS of between $0.3 and $0.02 for the fiscal current year, implying an average EPS of $0.15. EPS for the following year is $0.4, with 6.0 analysts recommending between $0.65 and $0.1.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $75.42M. It ranges from a high estimate of $76.57M to a low estimate of $73M. As of the current estimate, Cerence Inc’s year-ago sales were $67.83MFor the next quarter, 7 analysts are estimating revenue of $58.82M. There is a high estimate of $67M for the next quarter, whereas the lowest estimate is $56.45M.
A total of 7 analysts have provided revenue estimates for CRNC’s current fiscal year. The highest revenue estimate was $246.75M, while the lowest revenue estimate was $240.91M, resulting in an average revenue estimate of $243.38M. In the same quarter a year ago, actual revenue was $331.5MBased on 6 analysts’ estimates, the company’s revenue will be $266.6M in the next fiscal year. The high estimate is $279.5M and the low estimate is $245.54M.
