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After finishing at $3.02 in the prior trading day, Thoughtworks Holding Inc (NASDAQ: TWKS) closed at $3.07, up 1.66%. In other words, the price has increased by $1.66 from its previous closing price. On the day, 1.12 million shares were traded. TWKS stock price reached its highest trading level at $3.26 during the session, while it also had its lowest trading level at $2.98.
Ratios:
Our goal is to gain a better understanding of TWKS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
On January 02, 2024, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $6.
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 Dec 27 ’23 when Parke Joanna sold 16,005 shares for $5.00 per share. The transaction valued at 80,025 led to the insider holds 425,522 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TWKS now has a Market Capitalization of 991345920 and an Enterprise Value of 1236283776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 1.157 whereas that against EBITDA is 86.995.
Stock Price History:
The Beta on a monthly basis for TWKS is 1.07, which has changed by -0.6118252 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, TWKS has reached a high of $8.41, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is 23.17%, while the 200-Day Moving Average is calculated to be -24.21%.
Shares Statistics:
The stock has traded on average 926.50K shares per day over the past 3-months and 992320 shares per day over the last 10 days, according to various share statistics. A total of 322.41M shares are outstanding, with a floating share count of 113.10M. Insiders hold about 64.96% of the company’s shares, while institutions hold 23.00% stake in the company. Shares short for TWKS as of 1713139200 were 3907942 with a Short Ratio of 4.22, compared to 1710460800 on 3492733. Therefore, it implies a Short% of Shares Outstanding of 3907942 and a Short% of Float of 3.17.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 10.0 analysts currently analyzing and rating the stock of Thoughtworks Holding Inc (TWKS).On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.03 and a low estimate of $0.0, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.03, with high estimates of $0.04 and low estimates of $0.02.
Analysts are recommending an EPS of between $0.06 and $0.02 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.17, with 10.0 analysts recommending between $0.22 and $0.09.
Revenue Estimates
10 analysts predict $247.37M in revenue for the current quarter. It ranges from a high estimate of $253M to a low estimate of $241.83M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $287.21MFor the next quarter, 10 analysts are estimating revenue of $252.11M. There is a high estimate of $257.4M for the next quarter, whereas the lowest estimate is $243.18M.
A total of 10 analysts have provided revenue estimates for TWKS’s current fiscal year. The highest revenue estimate was $1.01B, while the lowest revenue estimate was $974.77M, resulting in an average revenue estimate of $995.99M. In the same quarter a year ago, actual revenue was $1.13BBased on 10 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.11B and the low estimate is $1.03B.
