Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Clearwater Analytics Holdings Inc (NYSE: CWAN) closed at $28.83 down -3.09% from its previous closing price of $29.75. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 2.7 million shares were traded. CWAN stock price reached its highest trading level at $30.0 during the session, while it also had its lowest trading level at $28.695.
Ratios:
For a deeper understanding of Clearwater Analytics Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.22. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 09 ’24 when SANDEEP SAHAI bought 139,172 shares for $29.75 per share.
WCAS XIII CARBON ANALYTICS ACQ sold 10,645,133 shares of CWAN for $311,370,140 on Dec 04 ’24. The 10% Owner now owns 0 shares after completing the transaction at $29.25 per share. On Dec 02 ’24, another insider, Galibier Purchaser, LLC, who serves as the Director of the company, sold 4,283,243 shares for $29.25 each. As a result, the insider received 125,284,858 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 7129601536 and an Enterprise Value of 6149120000. As of this moment, Clearwater’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36037.50, and their Forward P/E ratio for the next fiscal year is 54.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1601.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.69 while its Price-to-Book (P/B) ratio in mrq is 15.70. Its current Enterprise Value per Revenue stands at 14.49 whereas that against EBITDA is 148.239.
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 2.19%, while the 200-Day Moving Average is calculated to be 31.68%.
Shares Statistics:
For the past three months, CWAN has traded an average of 2.06M shares per day and 3080410 over the past ten days. A total of 228.60M shares are outstanding, with a floating share count of 173.47M. Insiders hold about 24.12% of the company’s shares, while institutions hold 78.92% stake in the company. Shares short for CWAN as of 1731628800 were 6390017 with a Short Ratio of 3.10, compared to 1728950400 on 8347733. Therefore, it implies a Short% of Shares Outstanding of 6390017 and a Short% of Float of 3.73.
