CI&T Inc. (NYSE:CINT) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• CI&T Inc. has received a consensus rating of "Moderate Buy" from analysts, with an average twelve-month price target of $7.80.
• Institutional investors hold a significant stake in CI&T, with over 92.45% of the company's stock owned by them, highlighting strong institutional interest.
• The company recently reported earnings of $0.07 per share, exceeding analysts' estimates, but its revenue of $116.32 million fell short of expectations.

CI&T Inc. (NYSE:CINT - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the eight analysts that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $7.80.

CINT has been the subject of a number of analyst reports. UBS Group reduced their target price on shares of CI&T from $8.00 to $6.80 and set a "neutral" rating for the company in a research note on Tuesday, July 22nd. Wall Street Zen upgraded CI&T from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Weiss Ratings reissued a "hold (c)" rating on shares of CI&T in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $8.00 target price (down previously from $10.00) on shares of CI&T in a research note on Thursday, June 26th.

Hedge Funds Weigh In On CI&T

Institutional investors and hedge funds have recently bought and sold shares of the stock. Lazard Asset Management LLC raised its position in shares of CI&T by 52,926.9% during the 2nd quarter. Lazard Asset Management LLC now owns 41,361 shares of the company's stock worth $246,000 after buying an additional 41,283 shares in the last quarter. Jane Street Group LLC increased its stake in shares of CI&T by 180.1% during the second quarter. Jane Street Group LLC now owns 76,553 shares of the company's stock valued at $457,000 after acquiring an additional 49,219 shares during the period. BW Gestao de Investimentos Ltda. raised its holdings in CI&T by 9.2% during the second quarter. BW Gestao de Investimentos Ltda. now owns 2,882,650 shares of the company's stock worth $17,209,000 after purchasing an additional 242,811 shares in the last quarter. Jump Financial LLC acquired a new stake in CI&T in the second quarter worth approximately $185,000. Finally, Marshall Wace LLP boosted its stake in CI&T by 90.4% during the 2nd quarter. Marshall Wace LLP now owns 380,818 shares of the company's stock valued at $2,273,000 after purchasing an additional 180,800 shares in the last quarter. Institutional investors own 92.45% of the company's stock.

CI&T Price Performance

Shares of CINT opened at $4.25 on Thursday. CI&T has a 12 month low of $3.98 and a 12 month high of $8.00. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49. The stock has a fifty day moving average price of $5.13 and a 200 day moving average price of $5.50. The company has a market cap of $572.26 million, a P/E ratio of 17.70 and a beta of 1.15.

CI&T (NYSE:CINT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company 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, research analysts forecast that CI&T will post 0.2 earnings per share for the current year.

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.

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