At the time of writing, CCC Intelligent Solutions Holdings Inc [CCCS] stock is trading at $11.62, up 1.04%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCCS shares have gain 4.03% over the last week, with a monthly amount glided 6.02%, 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:
CCC Intelligent Solutions Holdings Inc [NASDAQ: CCCS] stock has seen the most recent analyst activity on November 13, 2024, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $15 from $14. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $13 on December 12, 2023. Stifel initiated its recommendation with a Buy and recommended $14 as its price target on September 22, 2023. Evercore ISI upgraded its rating to Outperform for this stock on May 23, 2023, but kept the price target unchanged to $13.
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 $14 within the next 12 months. CCC Intelligent Solutions Holdings Inc [NASDAQ: CCCS] shares were valued at $11.62 at the most recent close of the market. An investor can expect a potential return of 20.48% 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 0.07%, 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.4.
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 11.46 points at the first support level, and at 11.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.90, and for the 2nd resistance point, it is at 12.18.
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. Also, the Quick Ratio is 3.05, while the Cash Ratio stands at 1.95. Considering the valuation of this stock, the price to sales ratio is 7.84, the price to book ratio is 3.75 and price to earnings (TTM) ratio is 155.97.
Transactions by insiders
Recent insider trading involved RAMAMURTHY GITHESH, Officer, that happened on Nov 13 ’24 when 1.89 million shares were purchased. Officer, PRIGGE MARY JO completed a deal on Nov 13 ’24 to buy 2489.0 shares. Meanwhile, RAMAMURTHY GITHESH sold 99895.0 shares on Nov 12 ’24.
