Shares of CI&T Inc. (NYSE:CINT – Get Free Report) have received an average recommendation of “Moderate Buy” from the eight brokerages that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $5.59.
CINT has been the topic of a number of recent analyst reports. Canaccord Genuity Group upgraded shares of CI&T from a “hold” rating to a “buy” rating and increased their price target for the company from $5.00 to $6.00 in a report on Thursday, May 23rd. Wedbush started coverage on CI&T in a research note on Friday, May 24th. They issued an “outperform” rating and a $5.00 price target for the company. Citigroup increased their price objective on CI&T from $4.25 to $6.00 and gave the company a “neutral” rating in a research report on Friday, July 12th. Canaccord Genuity Group raised CI&T from a “hold” rating to a “buy” rating and boosted their target price for the stock from $5.00 to $6.00 in a research report on Thursday, May 23rd. Finally, UBS Group started coverage on shares of CI&T in a report on Tuesday, May 14th. They set a “neutral” rating and a $4.20 price target on the stock.
Institutional Investors Weigh In On CI&T
CI&T Stock Performance
Shares of CINT stock opened at $6.06 on Tuesday. The company’s fifty day moving average price is $5.09 and its 200-day moving average price is $4.56. The stock has a market cap of $814.52 million, a PE ratio of 33.67 and a beta of 1.13. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.47. CI&T has a 12 month low of $3.34 and a 12 month high of $6.66.
CI&T (NYSE:CINT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 22nd. The company reported $0.06 earnings per share for the quarter. CI&T had a return on equity of 14.03% and a net margin of 6.03%. The company had revenue of $105.74 million for the quarter, compared to the consensus estimate of $103.88 million. On average, equities analysts expect that CI&T will post 0.2 EPS for the current fiscal year.
CI&T Company Profile
CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises and companies worldwide. It is also involved in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration, and mobility technologies.
Recommended Stories
- Five stocks we like better than CI&T
- 3 Monster Growth Stocks to Buy Now
- Survey: Top 175 Fittest Retirement Locations in America
- What is a Death Cross in Stocks?
- Kimberly-Clark Stock Dips and a Buying Opportunity Emerges
- Golden Cross Stocks: Pattern, Examples and Charts
- Leading Gold Stock Shines With Q2 2024 Earnings Release
Receive News & Ratings for CI&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CI&T and related companies with MarketBeat.com's FREE daily email newsletter.