A share price of Clearwater Analytics Holdings Inc [CWAN] is currently trading at $28.99, up 3.61%. 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 CWAN shares have gain 11.93% over the last week, with a monthly amount drifted -1.90%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Clearwater Analytics Holdings Inc [NYSE: CWAN] stock has seen the most recent analyst activity on January 17, 2025, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $34 from $30. Previously, DA Davidson upgraded its rating to Buy on January 14, 2025, and dropped its price target to $32. On November 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $35 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $33 on November 07, 2024. Citigroup initiated its recommendation with a Buy and recommended $28 as its price target on August 19, 2024. Oppenheimer upgraded its rating to Outperform for this stock on July 08, 2024, but kept the price target unchanged to $25. In a note dated February 29, 2024, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $24 to $22.
Clearwater Analytics Holdings Inc experienced fluctuations in its stock price throughout the past year between $15.62 and $35.71. Currently, Wall Street analysts expect the stock to reach $30.33 within the next 12 months. Clearwater Analytics Holdings Inc [NYSE: CWAN] shares were valued at $28.99 at the most recent close of the market. An investor can expect a potential return of 4.62% based on the average CWAN price forecast.
Analyzing the CWAN fundamentals
Trailing Twelve Months sales for Clearwater Analytics Holdings Inc [NYSE:CWAN] were 424.36M which represents 22.36% growth. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 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 0.18.
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 28.45 points at the first support level, and at 27.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.35, and for the 2nd resistance point, it is at 29.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Clearwater Analytics Holdings Inc [NYSE:CWAN] is 4.61. Further, the Quick Ratio stands at 4.61, while the Cash Ratio is 2.47. Considering the valuation of this stock, the price to sales ratio is 18.02, the price to book ratio is 15.78 and price to earnings (TTM) ratio is 36237.50.
Transactions by insiders
Recent insider trading involved Cox James S, Chief Financial Officer, that happened on Jan 15 ’25 when 18700.0 shares were sold. Officer, JAMES COX completed a deal on Jan 15 ’25 to buy 18700.0 shares. Meanwhile, Chief Executive Officer Sahai Sandeep sold 50000.0 shares on Jan 13 ’25.
