Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Cerence Inc (NASDAQ: CRNC) was $9.21 for the day, down -3.36% from the previous closing price of $9.53. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.84 million shares were traded. CRNC stock price reached its highest trading level at $9.53 during the session, while it also had its lowest trading level at $9.2.
Ratios:
Our analysis of CRNC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.67. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.42.
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:
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 May 09 ’25 when MR THOMAS L. BEAUDOIN bought 23,724 shares for $9.27 per share.
MR THOMAS L. BEAUDOIN bought 16,073 shares of CRNC for $149,503 on May 08 ’25. On Apr 28 ’25, another insider, MR THOMAS L. BEAUDOIN, who serves as the Former Director of the company, bought 10,000 shares for $9.40 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 398407104 and an Enterprise Value of 552051776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 2.171 whereas that against EBITDA is 31.698.
Stock Price History:
The Beta on a monthly basis for CRNC is 2.86, which has changed by 1.8338461 over the last 52 weeks, in comparison to a change of 0.16932249 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 -1.29%, while the 200-Day Moving Average is calculated to be 4.12%.
Shares Statistics:
CRNC traded an average of 1.55M shares per day over the past three months and 1502900 shares per day over the past ten days. A total of 43.25M shares are outstanding, with a floating share count of 40.00M. Insiders hold about 7.53% of the company’s shares, while institutions hold 76.92% stake in the company. Shares short for CRNC as of 1752537600 were 9018636 with a Short Ratio of 5.80, compared to 1749772800 on 8883737. Therefore, it implies a Short% of Shares Outstanding of 9018636 and a Short% of Float of 20.87.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Its stock is currently analyzed by 4.0 different market analysts. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.04 and low estimates of -$0.18.
Analysts are recommending an EPS of between $0.62 and $0.02 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.38, with 6.0 analysts recommending between $0.54 and $0.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $56.5M to a low estimate of $52.09M. As of the current estimate, Cerence Inc’s year-ago sales were $70.54MFor the next quarter, 6 analysts are estimating revenue of $57.55M. There is a high estimate of $61.3M for the next quarter, whereas the lowest estimate is $55.45M.
A total of 6 analysts have provided revenue estimates for CRNC’s current fiscal year. The highest revenue estimate was $245.9M, while the lowest revenue estimate was $236.72M, resulting in an average revenue estimate of $241.28M. In the same quarter a year ago, actual revenue was $331.5MBased on 6 analysts’ estimates, the company’s revenue will be $258.92M in the next fiscal year. The high estimate is $277.5M and the low estimate is $243.78M.
