The closing price of Thoughtworks Holding Inc (NASDAQ: TWKS) was $3.19 for the day, down -2.74% from the previous closing price of $3.28. On the day, 1532849 shares were traded. TWKS stock price reached its highest trading level at $3.2500 during the session, while it also had its lowest trading level at $3.0100.
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 10.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.71. 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 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.
Cummins Erin bought 14,500 shares of TWKS for $110,635 on Mar 07. The Chief Financial Officer now owns 332,009 shares after completing the transaction at $7.63 per share. On Mar 02, another insider, Xiao Guo, who serves as the Chief Executive Officer of the company, bought 35,000 shares for $7.64 each. As a result, the insider paid 267,400 and bolstered with 1,389,647 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, TWKS now has a Market Capitalization of 1.04B and an Enterprise Value of 1.30B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 1.15 whereas that against EBITDA is 66.30.
Stock Price History:
Over the past 52 weeks, TWKS has reached a high of $8.80, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 4.6040, while the 200-Day Moving Average is calculated to be 5.3239.
Shares Statistics:
TWKS traded an average of 719.23K shares per day over the past three months and 1.16M shares per day over the past ten days. A total of 322.41M shares are outstanding, with a floating share count of 84.39M. Insiders hold about 73.83% of the company’s shares, while institutions hold 23.11% stake in the company. Shares short for TWKS as of Feb 15, 2024 were 2.35M with a Short Ratio of 3.27, compared to 2.42M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.74% and a Short% of Float of 2.00%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.07 and a low estimate of -$0.01, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.26 and $0.16 for the fiscal current year, implying an average EPS of $0.22. EPS for the following year is $0.3, with 6 analysts recommending between $0.36 and $0.19.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $271.3M to a low estimate of $242.6M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $307.06M, an estimated decrease of -17.60% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $254.92M, a decrease of -11.20% over than the figure of -$17.60% in the same quarter last year. There is a high estimate of $274.58M 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 $1.25B, while the lowest revenue estimate was $984.6M, resulting in an average revenue estimate of $1.07B. In the same quarter a year ago, actual revenue was $1.13B, down -5.20% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.32B and the low estimate is $1.03B. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
