Market Recap: Clearwater Analytics Holdings Inc (CWAN)’s Positive Momentum, Closing at 31.75

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The closing price of Clearwater Analytics Holdings Inc (NYSE: CWAN) was $31.75 for the day, up 2.75% from the previous closing price of $30.90. In other words, the price has increased by $2.75 from its previous closing price. On the day, 2.07 million shares were traded. CWAN stock price reached its highest trading level at $31.96 during the session, while it also had its lowest trading level at $31.005.

Ratios:

Our analysis of CWAN’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 25.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 64.49. For the most recent quarter (mrq), Quick Ratio is recorded 4.61 and its Current Ratio is at 4.61. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, DA Davidson on November 08, 2024, Downgraded its rating to Neutral and sets its target price to $35 from $31 previously.

On November 07, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $23 to $33.

On August 19, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $28.Citigroup initiated its Buy rating on August 19, 2024, with a $28 target price.

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 Nov 15 ’24 when Cox James S sold 18,700 shares for $30.34 per share. The transaction valued at 567,312 led to the insider holds 219,044 shares of the business.

JAMES COX bought 18,700 shares of CWAN for $569,415 on Nov 15 ’24. On Nov 13 ’24, another insider, Galibier Purchaser, LLC, who serves as the Director of the company, sold 6,252,549 shares for $29.11 each. As a result, the insider received 182,011,701 and left with 0 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, CWAN now has a Market Capitalization of 7851711488 and an Enterprise Value of 6603692544. As of this moment, Clearwater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39687.50, and their Forward P/E ratio for the next fiscal year is 59.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1763.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.48 while its Price-to-Book (P/B) ratio in mrq is 17.29. Its current Enterprise Value per Revenue stands at 15.562 whereas that against EBITDA is 159.198.

Stock Price History:

Over the past 52 weeks, CWAN has reached a high of $35.71, while it has fallen to a 52-week low of $15.62. The 50-Day Moving Average of the stock is 17.63%, while the 200-Day Moving Average is calculated to be 49.19%.

Shares Statistics:

CWAN traded an average of 1.76M shares per day over the past three months and 4800460 shares per day over the past ten days. A total of 219.60M shares are outstanding, with a floating share count of 151.41M. Insiders hold about 31.05% of the company’s shares, while institutions hold 82.12% stake in the company. Shares short for CWAN as of 1730332800 were 7708215 with a Short Ratio of 4.38, compared to 1727654400 on 10378657. Therefore, it implies a Short% of Shares Outstanding of 7708215 and a Short% of Float of 4.5.

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