In the latest session, Thoughtworks Holding Inc (NASDAQ: TWKS) closed at $3.28 down -28.85% from its previous closing price of $4.61. In other words, the price has decreased by -$1.3300 from its previous closing price. On the day, 4861114 shares were traded.
Ratios:
For a deeper understanding of Thoughtworks Holding 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 11.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.06. For the most recent quarter (mrq), Quick Ratio is recorded 2.80 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.41.
TD Cowen Downgraded its Outperform to Market Perform on August 10, 2023, whereas the target price for the stock was revised from $9 to $6.
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 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 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.34. Its current Enterprise Value per Revenue stands at 1.09 whereas that against EBITDA is 22.37.
Stock Price History:
Over the past 52 weeks, TWKS has reached a high of $9.10, while it has fallen to a 52-week low of $3.18. The 50-Day Moving Average of the stock is 4.6300, while the 200-Day Moving Average is calculated to be 5.3464.
Shares Statistics:
For the past three months, TWKS has traded an average of 647.93K shares per day and 737.24k over the past ten days. A total of 315.68M shares are outstanding, with a floating share count of 83.25M. Insiders hold about 73.83% of the company’s shares, while institutions hold 23.43% stake in the company. Shares short for TWKS as of Jan 31, 2024 were 2.34M with a Short Ratio of 3.61, compared to 2.18M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.73% and a Short% of Float of 1.99%.
Earnings Estimates
There are 10 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.04 and a low estimate of $0.03, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.14 and $0.12 for the fiscal current year, implying an average EPS of $0.13. EPS for the following year is $0.22, with 10 analysts recommending between $0.26 and $0.16.
Revenue Estimates
A total of 10 analysts believe the company’s revenue will be $267.55M this quarter.It ranges from a high estimate of $269M to a low estimate of $267.2M. As of the current estimate, Thoughtworks Holding Inc’s year-ago sales were $310.74M, an estimated decrease of -13.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $267.56M, a decrease of -12.90% over than the figure of -$13.90% in the same quarter last year. There is a high estimate of $271.3M for the next quarter, whereas the lowest estimate is $265.7M.
A total of 10 analysts have provided revenue estimates for TWKS’s current fiscal year. The highest revenue estimate was $1.15B, while the lowest revenue estimate was $1.14B, resulting in an average revenue estimate of $1.14B. In the same quarter a year ago, actual revenue was $1.3B, down -11.90% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.25B and the low estimate is $1.1B. The average revenue growth estimate for next year is down -0.90% from the average revenue estimate for this year.
