At the time of writing, CCC Intelligent Solutions Holdings Inc [CCCS] stock is trading at $11.39, up 1.97%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CCCS shares have gain 9.41% over the last week, with a monthly amount glided 5.46%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On December 12, 2023, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $13 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $14 on September 22, 2023. Evercore ISI upgraded its rating to a Outperform but $13 remained the price target by the analyst firm on May 23, 2023. In a note dated April 13, 2023, JP Morgan initiated an Overweight rating and provided a target price of $11 on this stock.
For the past year, the stock price of CCC Intelligent Solutions Holdings Inc fluctuated between $9.79 and $12.68. Currently, Wall Street analysts expect the stock to reach $13.67 within the next 12 months. CCC Intelligent Solutions Holdings Inc [NASDAQ: CCCS] shares were valued at $11.39 at the most recent close of the market. An investor can expect a potential return of 20.02% based on the average CCCS price forecast.
Analyzing the CCCS fundamentals
According to CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS], the company’s sales were 926.94M for trailing twelve months, which represents an 7.84% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
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 11.21 points at the first support level, and at 11.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.54, and for the 2nd resistance point, it is at 11.68.
Ratios To Look Out For
It is important to note that CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] has a current ratio of 3.05. Further, the Quick Ratio stands at 3.05, while the Cash Ratio is 1.95. Considering the valuation of this stock, the price to sales ratio is 7.69, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 152.89.
Transactions by insiders
Recent insider trading involved RAMAMURTHY GITHESH, Officer, that happened on Nov 07 ’24 when 9348.0 shares were purchased., Silva Michael John completed a deal on Aug 21 ’24 to sell 29022.0 shares. Meanwhile, Officer Silva Michael John bought 29022.0 shares on Aug 21 ’24.
