Market Highlights: CCC Intelligent Solutions Holdings Inc (CCCS) Ends on a High Note at 10.61

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The price of CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) closed at $10.61 in the last session, up 0.38% from day before closing price of $10.57. In other words, the price has increased by $0.38 from its previous closing price. On the day, 1.77 million shares were traded. CCCS stock price reached its highest trading level at $10.68 during the session, while it also had its lowest trading level at $10.55.

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 34.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.18. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.39. 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 6520736256 and an Enterprise Value of 7178352640. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.34 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 8.077 whereas that against EBITDA is 44.237.

Stock Price History:

Over the past 52 weeks, CCCS has reached a high of $13.41, while it has fallen to a 52-week low of $9.26. The 50-Day Moving Average of the stock is -8.55%, while the 200-Day Moving Average is calculated to be -6.92%.

Shares Statistics:

According to the various share statistics, CCCS traded on average about 3.68M shares per day over the past 3-months and 2647100 shares per day over the past 10 days. A total of 603.13M shares are outstanding, with a floating share count of 300.61M. Insiders hold about 51.09% of the company’s shares, while institutions hold 44.76% stake in the company. Shares short for CCCS as of 1714435200 were 5284872 with a Short Ratio of 1.44, compared to 1711584000 on 4533474. Therefore, it implies a Short% of Shares Outstanding of 5284872 and a Short% of Float of 1.43.

Earnings Estimates

CCC Intelligent Solutions Holdings Inc (CCCS) is presently subject to a detailed evaluation by 12.0 analysts, each offering their unique perspectives on its market standing.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.08, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.09, with high estimates of $0.11 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.4 and $0.34 for the fiscal current year, implying an average EPS of $0.37. EPS for the following year is $0.41, with 12.0 analysts recommending between $0.44 and $0.37.

Revenue Estimates

According to 11 analysts, the current quarter’s revenue is expected to be $230.16M. It ranges from a high estimate of $232.35M to a low estimate of $229.4M. 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 $241.26M. There is a high estimate of $243M for the next quarter, whereas the lowest estimate is $238.84M.

A total of 12 analysts have provided revenue estimates for CCCS’s current fiscal year. The highest revenue estimate was $951.34M, while the lowest revenue estimate was $945.3M, resulting in an average revenue estimate of $948.11M. In the same quarter a year ago, actual revenue was $866.38MBased on 12 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 $1.02B.

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