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

CI&T (NYSE:CINT - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 28th. Analysts expect CI&T to post earnings of $0.07 per share for the quarter. CI&T has set its Q2 2025 guidance at EPS and its FY 2025 guidance at EPS.

CI&T (NYSE:CINT - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.02). CI&T had a net margin of 4.39% and a return on equity of 9.55%. The firm had revenue of $110.88 million during the quarter, compared to analyst estimates of $111.48 million. During the same period in the previous year, the firm posted $0.30 earnings per share. On average, analysts expect CI&T to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CI&T Trading Down 1.3%

CINT traded down $0.08 during mid-day trading on Monday, hitting $6.29. 84,274 shares of the stock were exchanged, compared to its average volume of 98,138. The firm's fifty day moving average is $5.70 and its two-hundred day moving average is $6.33. CI&T has a 1-year low of $4.03 and a 1-year high of $8.04. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39. The company has a market cap of $847.15 million, a PE ratio of 48.39 and a beta of 1.24.

Wall Street Analyst Weigh In

CINT has been the topic of a number of recent research reports. Canaccord Genuity Group reiterated a "buy" rating and set a $10.00 price target on shares of CI&T in a research note on Monday, March 17th. Citigroup started coverage on shares of CI&T in a report on Friday, April 25th. They issued a "buy" rating and a $7.00 price objective for the company. Cowen reiterated a "buy" rating on shares of CI&T in a report on Wednesday, May 14th. JPMorgan Chase & Co. raised shares of CI&T from a "neutral" rating to an "overweight" rating and set a $7.00 price target for the company in a research report on Monday, May 19th. Finally, Wedbush set a $9.00 price objective on CI&T in a research report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $8.41.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CINT. Acadian Asset Management LLC raised its holdings in shares of CI&T by 47.7% in the 1st quarter. Acadian Asset Management LLC now owns 90,353 shares of the company's stock valued at $531,000 after purchasing an additional 29,200 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in CI&T by 551.2% in the first quarter. Goldman Sachs Group Inc. now owns 74,061 shares of the company's stock valued at $442,000 after buying an additional 62,688 shares during the last quarter. Cubist Systematic Strategies LLC increased its holdings in CI&T by 93.8% in the first quarter. Cubist Systematic Strategies LLC now owns 36,356 shares of the company's stock valued at $217,000 after buying an additional 17,601 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in CI&T in the first quarter valued at $163,000. Hedge funds and other institutional investors own 92.45% of the company's stock.

CI&T Company Profile

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.