Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Cerence Inc (NASDAQ: CRNC) closed the day trading at $10.89 up 16.97% from the previous closing price of $9.31. In other words, the price has increased by $16.97 from its previous closing price. On the day, 6.58 million shares were traded. CRNC stock price reached its highest trading level at $10.94 during the session, while it also had its lowest trading level at $9.3601.
Ratios:
For a better understanding of CRNC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.37.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 471751552 and an Enterprise Value of 609611008. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 3.03. Its current Enterprise Value per Revenue stands at 2.479 whereas that against EBITDA is 44.461.
Stock Price History:
The Beta on a monthly basis for CRNC is 2.79, which has changed by 3.4907217 over the last 52 weeks, in comparison to a change of 0.18157876 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 $2.36. The 50-Day Moving Average of the stock is 16.27%, while the 200-Day Moving Average is calculated to be 18.56%.
Shares Statistics:
Over the past 3-months, CRNC traded about 1.80M shares per day on average, while over the past 10 days, CRNC traded about 2629060 shares per day. A total of 43.26M shares are outstanding, with a floating share count of 40.30M. Insiders hold about 6.97% of the company’s shares, while institutions hold 77.49% stake in the company. Shares short for CRNC as of 1753920000 were 8869191 with a Short Ratio of 4.92, compared to 1751241600 on 8810260. Therefore, it implies a Short% of Shares Outstanding of 8869191 and a Short% of Float of 20.5.
Earnings Estimates
Currently, 5.0 analysts are dedicated to thoroughly evaluating and rating the performance of Cerence Inc (CRNC) in the stock market.The consensus estimate for the next quarter is $0.09, with high estimates of $0.22 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.79 and -$0.12 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.58, with 5.0 analysts recommending between $0.88 and $0.3.
Revenue Estimates
5 analysts predict $55.3M in revenue for the current quarter. It ranges from a high estimate of $55.8M to a low estimate of $54.47M. As of the current estimate, Cerence Inc’s year-ago sales were $54.8MFor the next quarter, 5 analysts are estimating revenue of $61.55M. There is a high estimate of $66M for the next quarter, whereas the lowest estimate is $55.99M.
A total of 5 analysts have provided revenue estimates for CRNC’s current fiscal year. The highest revenue estimate was $246.9M, while the lowest revenue estimate was $245.63M, resulting in an average revenue estimate of $246.43M. In the same quarter a year ago, actual revenue was $331.5MBased on 5 analysts’ estimates, the company’s revenue will be $258.38M in the next fiscal year. The high estimate is $265.21M and the low estimate is $247.28M.
