Thoughtworks Holding Inc [TWKS] stock prices are down -4.78% to $3.39 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TWKS shares have gain 2.73% over the last week, with a monthly amount glided 31.91%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Thoughtworks Holding Inc [NASDAQ: TWKS] stock has seen the most recent analyst activity on June 24, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $2.50. Previously, William Blair downgraded its rating to Mkt Perform on February 28, 2024. On January 02, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $6 on the stock. Wolfe Research downgraded its rating to a Peer Perform. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $6 on August 10, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on August 09, 2023, and downed its price target to $6. In a note dated January 17, 2023, Citigroup downgraded an Neutral rating on this stock.
The stock price of Thoughtworks Holding Inc [TWKS] has been fluctuating between $2.19 and $7.34 over the past year. Currently, Wall Street analysts expect the stock to reach $13.63 within the next 12 months. Thoughtworks Holding Inc [NASDAQ: TWKS] shares were valued at $3.39 at the most recent close of the market. An investor can expect a potential return of 302.06% based on the average TWKS price forecast.
Analyzing the TWKS fundamentals
The Thoughtworks Holding Inc [NASDAQ:TWKS] reported sales of 1.07B for trailing twelve months, representing a drop of -19.04%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.12 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.27 points at the first support level, and at 3.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.54, and for the 2nd resistance point, it is at 3.69.
Ratios To Look Out For
It’s worth pointing out that Thoughtworks Holding Inc [NASDAQ:TWKS]’s Current Ratio is 2.87. As well, the Quick Ratio is 2.87, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 1.45.
Transactions by insiders
Recent insider trading involved Parke Joanna,, that happened on Dec 27 ’23 when 16005.0 shares were sold.
