CI&T (CINT) Projected to Post Earnings on Wednesday

CI&T (NYSE:CINT) will likely be issuing its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $646.68 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

CI&T Trading Down 2.5 %

CINT opened at $6.79 on Tuesday. The firm has a market capitalization of $912.52 million, a PE ratio of 52.23 and a beta of 1.18. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.58. CI&T has a fifty-two week low of $3.34 and a fifty-two week high of $8.04. The company’s 50-day moving average is $6.78 and its 200 day moving average is $6.78.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CINT shares. Wedbush set a $9.00 price target on shares of CI&T in a report on Monday, February 3rd. UBS Group raised their price target on shares of CI&T from $7.50 to $8.00 and gave the company a “neutral” rating in a report on Thursday, December 12th. TD Cowen initiated coverage on CI&T in a report on Friday, December 6th. They issued a “buy” rating and a $9.00 price target on the stock. Finally, Canaccord Genuity Group lifted their price objective on shares of CI&T from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Four investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.37.

About CI&T

CI&T, Inc provides strategy, design and software engineering services to enable digital transformation. The firm’s solutions and services include Digital Strategy, Customer-Centric Design and Top-of-the-Line Software Engineering. The company was founded by Cesar Nivaldo Gon, Bruno Guiçardi Neto and Fernando Matt Borges Martins on June 7, 2021 and is headquartered in Sao Paulo, Brazil.