After finishing at $2.99 in the prior trading day, Thoughtworks Holding Inc (NASDAQ: TWKS) closed at $2.80, down -6.35%. In other words, the price has decreased by -$0.1900 from its previous closing price. On the day, 1820078 shares were traded.
Ratios:
Our goal is to gain a better understanding of TWKS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.56. 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:
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 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.
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 964.97M and an Enterprise Value of 1.20B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at 1.07 whereas that against EBITDA is 61.51.
Stock Price History:
Over the past 52 weeks, TWKS has reached a high of $8.65, while it has fallen to a 52-week low of $2.90. The 50-Day Moving Average of the stock is 4.5112, while the 200-Day Moving Average is calculated to be 5.2537.
Shares Statistics:
The stock has traded on average 764.40K shares per day over the past 3-months and 1.52M 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 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 3.07, compared to 2.42M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.73% and a Short% of Float of 1.94%.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.05 and a low estimate of -$0.02, while EPS last year was $0.03. The consensus estimate for the next quarter is $0.03, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.25 and $0.05 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.21, with 8 analysts recommending between $0.35 and $0.09.
Revenue Estimates
9 analysts predict $245.96M in revenue for the current quarter. It ranges from a high estimate of $267.52M to a low estimate of $242M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $307.06M, an estimated decrease of -19.90% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $246.93M, a decrease of -14.00% over than the figure of -$19.90% 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 $980M, resulting in an average revenue estimate of $1.03B. In the same quarter a year ago, actual revenue was $1.13B, down -8.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.1B 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 6.90% from the average revenue estimate for this year.
