Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Thoughtworks Holding Inc (NASDAQ: TWKS) was $2.26 for the day, down -0.44% from the previous closing price of $2.27. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 0.59 million shares were traded. TWKS stock price reached its highest trading level at $2.315 during the session, while it also had its lowest trading level at $2.24.
Ratios:
Our analysis of TWKS’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 7.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.69. 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:
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 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 729589056 and an Enterprise Value of 967347904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 0.858 whereas that against EBITDA is 28.55.
Stock Price History:
The Beta on a monthly basis for TWKS is 0.99, which has changed by -0.646875 over the last 52 weeks, in comparison to a change of 0.2160933 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 -27.00%, while the 200-Day Moving Average is calculated to be -49.00%.
Shares Statistics:
TWKS traded an average of 833.49K shares per day over the past three months and 532990 shares per day over the past ten days. A total of 322.41M shares are outstanding, with a floating share count of 87.31M. Insiders hold about 72.95% of the company’s shares, while institutions hold 22.95% stake in the company. Shares short for TWKS as of 1711584000 were 3961376 with a Short Ratio of 4.75, compared to 1709164800 on 3370143. Therefore, it implies a Short% of Shares Outstanding of 3961376 and a Short% of Float of 3.26.
Earnings Estimates
The market rating of Thoughtworks Holding Inc (TWKS) is currently shaped by the ongoing analysis conducted by 10 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.02, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.01, with high estimates of $0.03 and low estimates of $0.
Analysts are recommending an EPS of between $0.07 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 analysts recommending between $0.22 and $0.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $245.64M to a low estimate of $241M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $307.06M, an estimated decrease of -20.80% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $243.27M, a decrease of -15.30% over than the figure of -$20.80% in the same quarter last year. There is a high estimate of $249.9M for the next quarter, whereas the lowest estimate is $239.3M.
A total of 10 analysts have provided revenue estimates for TWKS’s current fiscal year. The highest revenue estimate was $999.9M, while the lowest revenue estimate was $974.77M, resulting in an average revenue estimate of $989.04M. In the same quarter a year ago, actual revenue was $1.13B, down -12.20% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.12B and the low estimate is $1.03B. The average revenue growth estimate for next year is up 8.40% from the average revenue estimate for this year.
