As of Friday close, CI&T Inc’s (NYSE:CINT) stock was up $0.26, moving up 5.17 percent to $5.29. The average number of shares traded per day over the past five days has been 338,920 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.04 fall in that time frame. In the last twenty days, the average volume was 208,230, while in the previous 50 days, it was 175,772.
Since last month, CINT stock retreated -14.26%. Shares of the company fell to $4.81 on 08/18/23, the lowest level in the past month. A 52-week high of $13.29 was reached on 01/17/23 after having rallying from a 52-week low of $3.34. Since the beginning of this year, CINT’s stock price has dropped by -18.62% or -$1.21, and marked a new high 7 times. However, the stock has declined by -60.20% since its 52-week high.
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Valuation Metrics
Right now, CI&T Inc (CINT) has a P/E ratio of about 23.62. The stock’s beta is 1.18. Besides these, the trailing price-to-sales (P/S) ratio of 1.52, the price-to-book (PB) ratio of 2.50, and the price-to-cash flow ratio of 53.03 may also be considered.
Financial Health
In the three months ended March 30, CI&T Inc’s quick ratio stood at 1.50, while its current ratio was 1.50, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.52, and the total debt-to-equity ratio was 0.68. On the profitability front, the trailing twelve-month gross margin is 34.80% percent. In the year ended March 30, operating margins totaled 12.90%. Based on annual data, CINT earned $147.69 million in gross profit and brought in $423.76 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.60%. Return on equity (ROE) for the past 12 months was 12.20%.
In CI&T Inc’s quarter-end financial report for March 30, it reported total debt of $0.67 million against cash and short-term investments of $0.56 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected CI&T Inc to report $0.07 quarterly earnings, the actual figure was $0.1 per share, beating the consensus estimate by 42.90%. During the quarter, the company generated $21.01 million in EBITDA. The liabilities of CI&T Inc were 314.03 million at the end of its most recent quarter ended March 30, and its total debt was $1.01 billion.
Technical Picture
This quick technical analysis looks at CI&T Inc’s (CINT) price momentum. With a historical volatility rate of 44.20%, the RSI 9-day stood at 42.48% on 18 August.
With respect to its five-day moving average, the current CI&T Inc price is down by -0.75% percent or -$0.04. At present, CINT shares trade -17.34% below its 20-day simple moving average and +1.54% percent above its 100-day simple moving average. However, the stock is currently trading approximately -3.29% below its SMA50 and -35.49% below its SMA200.
Stochastic coefficient K was 25.53% and Stochastic coefficient D was 18.13%, while ATR was 0.34. Given the Stochastic reading of 40.15% for the 14-day period, the RSI (14) reading has been calculated as 42.41%. As of today, the MACD Oscillator reading stands at -0.08, while the 14-day reading stands at -0.23.
Analyst Ratings
CI&T Inc downgraded its rating on CI&T Inc (NYSE: CINT) to a Neutral in a note to investors on July 25, 2023. The analysts firm previously had a Buy rating on the stock.CI&T Inc (CINT) has been rated Overweight by analysts. According to 0 brokerage firms, CINT is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate CI&T Inc stock as buy, with 4 recommending it as overweight.
With a median target price of $31.45, the current consensus forecast for the stock is $24.80 – $79.87. Based on these forecasts, analysts predict CI&T Inc (CINT) will achieve an average price target of $38.60.
