CI&T Inc. (NYSE:CINT - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $7.7286.
CINT has been the topic of several analyst reports. JPMorgan Chase & Co. upgraded shares of CI&T from a "neutral" rating to an "overweight" rating and set a $7.00 price target on the stock in a research note on Monday, May 19th. UBS Group dropped their price target on shares of CI&T from $8.00 to $6.80 and set a "neutral" rating on the stock in a research note on Tuesday, July 22nd. Canaccord Genuity Group reiterated a "buy" rating and issued a $8.00 target price (down previously from $10.00) on shares of CI&T in a research report on Thursday, June 26th. Cowen reaffirmed a "buy" rating on shares of CI&T in a research note on Wednesday, May 14th. Finally, Wall Street Zen raised shares of CI&T from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th.
Read Our Latest Stock Report on CINT
CI&T Stock Performance
Shares of NYSE:CINT traded up $0.05 during trading on Wednesday, reaching $5.46. 121,551 shares of the company's stock traded hands, compared to its average volume of 129,207. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49. CI&T has a 12 month low of $4.42 and a 12 month high of $8.00. The company has a 50 day moving average of $5.52 and a 200-day moving average of $5.86. The stock has a market capitalization of $735.35 million, a P/E ratio of 22.75 and a beta of 1.17.
CI&T (NYSE:CINT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The business had revenue of $116.32 million during the quarter, compared to the consensus estimate of $659.84 million. CI&T had a net margin of 7.27% and a return on equity of 11.34%. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities analysts expect that CI&T will post 0.2 EPS for the current year.
Institutional Trading of CI&T
A number of institutional investors have recently made changes to their positions in CINT. Two Sigma Investments LP acquired a new position in shares of CI&T in the 4th quarter worth approximately $111,000. Aberdeen Group plc acquired a new position in shares of CI&T in the 1st quarter worth approximately $1,681,000. Cubist Systematic Strategies LLC grew its stake in shares of CI&T by 82.2% in the 4th quarter. Cubist Systematic Strategies LLC now owns 18,755 shares of the company's stock worth $114,000 after purchasing an additional 8,459 shares during the last quarter. Stifel Financial Corp acquired a new position in shares of CI&T in the 4th quarter worth approximately $68,000. Finally, Renaissance Technologies LLC grew its stake in shares of CI&T by 110.0% in the 4th quarter. Renaissance Technologies LLC now owns 111,700 shares of the company's stock worth $678,000 after purchasing an additional 58,500 shares during the last quarter. 92.45% of the stock is owned by institutional investors and hedge funds.
About CI&T
(
Get Free Report)
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.
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