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The price of CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) closed at $10.55 in the last session, down -5.97% from day before closing price of $11.22. In other words, the price has decreased by -$5.97 from its previous closing price. On the day, 7.0 million shares were traded. CCCS stock price reached its highest trading level at $11.375 during the session, while it also had its lowest trading level at $10.455.
Ratios:
We take a closer look at CCCS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.17 and its Current Ratio is at 2.17. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.47.
On December 12, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $13.
On September 22, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $14.Stifel initiated its Buy rating on September 22, 2023, with a $14 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 24 ’24 when RAMAMURTHY GITHESH sold 57,619 shares for $11.52 per share. The transaction valued at 663,610 led to the insider holds 6,463,840 shares of the business.
RAMAMURTHY GITHESH sold 942,084 shares of CCCS for $10,848,757 on Apr 23 ’24. The insider now owns 6,463,840 shares after completing the transaction at $11.52 per share. On Apr 22 ’24, another insider, RAMAMURTHY GITHESH, who serves as the insider of the company, sold 297 shares for $11.52 each. As a result, the insider received 3,421 and left with 6,463,840 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, CCCS now has a Market Capitalization of 6483861504 and an Enterprise Value of 7138033152. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.48 while its Price-to-Book (P/B) ratio in mrq is 3.57. Its current Enterprise Value per Revenue stands at 8.032 whereas that against EBITDA is 44.02.
Stock Price History:
The Beta on a monthly basis for CCCS is 0.63, which has changed by 0.12834227 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, CCCS has reached a high of $13.41, while it has fallen to a 52-week low of $8.42. The 50-Day Moving Average of the stock is -10.10%, while the 200-Day Moving Average is calculated to be -7.48%.
Shares Statistics:
According to the various share statistics, CCCS traded on average about 3.50M shares per day over the past 3-months and 3162160 shares per day over the past 10 days. A total of 603.13M shares are outstanding, with a floating share count of 300.45M. Insiders hold about 51.09% of the company’s shares, while institutions hold 38.37% stake in the company. Shares short for CCCS as of 1713139200 were 3488306 with a Short Ratio of 1.00, compared to 1710460800 on 3824539. Therefore, it implies a Short% of Shares Outstanding of 3488306 and a Short% of Float of 0.9400000000000001.
Earnings Estimates
A detailed examination of CCC Intelligent Solutions Holdings Inc (CCCS) is currently in progress, with 12.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.07, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.09, with high estimates of $0.1 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.39 and $0.33 for the fiscal current year, implying an average EPS of $0.36. EPS for the following year is $0.41, with 11.0 analysts recommending between $0.43 and $0.37.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $230.92M. It ranges from a high estimate of $232.35M to a low estimate of $227.24M. As of the current estimate, CCC Intelligent Solutions Holdings Inc’s year-ago sales were $208.5MFor the next quarter, 11 analysts are estimating revenue of $241.29M. There is a high estimate of $243.3M for the next quarter, whereas the lowest estimate is $239.6M.
A total of 12 analysts have provided revenue estimates for CCCS’s current fiscal year. The highest revenue estimate was $950.7M, while the lowest revenue estimate was $944.4M, resulting in an average revenue estimate of $946.97M. In the same quarter a year ago, actual revenue was $866.38MBased on 11 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.04B and the low estimate is $1.01B.
