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

Key Points

• Analyst consensus: Seven brokerages give CI&T a consensus rating of "Moderate Buy" (five buy, two hold) with an average 1‑year price target of about $6.78.
• Market position: Shares opened at $4.75, implying upside to the analyst target; the stock has a market cap of roughly $638.6M, a P/E of 15.82, and a 52‑week range of $3.98–$7.09.
• Ownership and recent results: Institutional investors own 92.45% of the stock; CI&T reported $0.05 EPS and $69.07M revenue for the quarter, and analysts expect about $0.20 EPS for the current fiscal year.

Shares of CI&T Inc. (NYSE:CINT - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seven research firms that are presently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $6.7750.

A number of brokerages have recently commented on CINT. Wall Street Zen upgraded shares of CI&T from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Canaccord Genuity Group upped their price objective on shares of CI&T from $6.00 to $7.00 and gave the company a "buy" rating in a report on Thursday, March 12th. JPMorgan Chase & Co. dropped their price objective on shares of CI&T from $7.00 to $6.00 and set an "overweight" rating for the company in a report on Wednesday, February 18th. UBS Group upped their price objective on shares of CI&T from $7.00 to $7.10 and gave the company a "buy" rating in a report on Thursday, March 12th. Finally, Weiss Ratings raised shares of CI&T from a "sell (d+)" rating to a "hold (c-)" rating in a report on Tuesday, January 13th.

Institutional Investors Weigh In On CI&T

Hedge funds have recently modified their holdings of the company. Franklin Resources Inc. purchased a new stake in shares of CI&T in the third quarter valued at about $56,000. Wedbush Securities Inc. purchased a new stake in shares of CI&T in the third quarter valued at about $58,000. RPO LLC purchased a new stake in shares of CI&T in the fourth quarter valued at about $60,000. Russell Investments Group Ltd. grew its holdings in shares of CI&T by 176.3% in the second quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company's stock valued at $67,000 after purchasing an additional 7,456 shares during the period. Finally, Centiva Capital LP purchased a new stake in shares of CI&T in the third quarter valued at about $72,000. Hedge funds and other institutional investors own 92.45% of the company's stock.

CI&T Price Performance

Shares of NYSE CINT opened at $4.75 on Thursday. The firm has a 50-day simple moving average of $5.01 and a 200-day simple moving average of $4.76. The stock has a market capitalization of $638.58 million, a price-to-earnings ratio of 15.82 and a beta of 1.10. The company has a quick ratio of 1.33, a current ratio of 1.34 and a debt-to-equity ratio of 0.20. CI&T has a 52 week low of $3.98 and a 52 week high of $7.09.

CI&T (NYSE:CINT - Get Free Report) last issued its earnings results on Sunday, March 22nd. The company reported $0.05 EPS for the quarter. The business had revenue of $69.07 million during the quarter. CI&T had a net margin of 8.30% and a return on equity of 13.46%. On average, equities analysts predict that CI&T will post 0.2 earnings per share for the current fiscal year.

About CI&T

CI&T Inc NYSE: CINT is a global digital solutions and technology services provider specializing in end-to-end digital transformation. The company partners with clients across industries such as financial services, retail, healthcare and technology to deliver tailored software products, agile development practices and customer-centric design. Its core offerings include digital strategy consulting, user experience and interface design, cloud-native application development, data engineering and full-cycle product lifecycle management.

Leveraging a proprietary agile framework, CI&T helps organizations accelerate time-to-market and improve operational efficiency through continuous delivery and DevOps automation.

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