Currently, CCC Intelligent Solutions Holdings Inc [CCCS] is trading at $11.70, up 3.82%. An important factor to consider is whether the stock is rising or falling in short-term value. The CCCS shares have gain 6.46% over the last week, with a monthly amount drifted -0.26%, and not seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $9.79 and a high of $12.88 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. CCC Intelligent Solutions Holdings Inc [NASDAQ: CCCS] shares were valued at $11.70 at the most recent close of the market. An investor can expect a potential return of 22.48% based on the average CCCS price forecast.
Analyzing the CCCS fundamentals
Trailing Twelve Months sales for CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] were 926.94M which represents 7.84% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.
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 11.42 points at the first support level, and at 11.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.85, and for the 2nd resistance point, it is at 11.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] is 3.05. On the other hand, the Quick Ratio is 3.05, and the Cash Ratio is 1.95. Considering the valuation of this stock, the price to sales ratio is 8.28, the price to book ratio is 3.77 and price to earnings (TTM) ratio is 157.05.
Transactions by insiders
Recent insider trading involved De Crescenzo Neil E., Director, that happened on Dec 20 ’24 when 100000.0 shares were purchased. Director, Williams Teri completed a deal on Dec 20 ’24 to sell 20000.0 shares. Meanwhile, Director Williams Teri bought 20000.0 shares on Dec 20 ’24.
