At the time of writing, Thoughtworks Holding Inc [TWKS] stock is trading at $4.44, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value.
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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.
For the past year, the stock price of Thoughtworks Holding Inc fluctuated between $2.19 and $5.20. 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 $4.44 at the most recent close of the market. An investor can expect a potential return of 206.98% based on the average TWKS price forecast.
Analyzing the TWKS fundamentals
According to Thoughtworks Holding Inc [NASDAQ:TWKS], the company’s sales were 1.03B for trailing twelve months, which represents an -12.38% plunge. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.15 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 4.43 points at the first support level, and at 4.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.47, and for the 2nd resistance point, it is at 4.49.
Ratios To Look Out For
It is important to note that Thoughtworks Holding Inc [NASDAQ:TWKS] has a current ratio of 2.59. As well, the Quick Ratio is 2.59, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.97.
Transactions by insiders
Recent insider trading involved Parke Joanna, that happened on Dec 27 ’23 when 16005.0 shares were sold.
