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

Key Points

• Analysts give CI&T a consensus rating of Moderate Buy (five buy, two hold) with an average 1‑year target price of $7.2750, and recent broker notes include Wedbush's $9.00 objective.
• Shares opened at $4.23 with a market cap of $568.6M and a PE of 14.08, trading in a one‑year range of $3.98–$7.09 and 50/200‑day SMAs near $4.86/$4.72.
• Most recent quarter showed $0.05 EPS on $69.07M revenue (net margin 8.3%, ROE 13.46%), analysts forecast 0.39 EPS for the year, and institutional investors own about 92.45% of the stock.

CI&T Inc. (NYSE:CINT - Get Free Report) has been given a consensus rating of "Moderate Buy" by the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $7.2750.

A number of research analysts have weighed in on the company. Wall Street Zen upgraded CI&T from a "hold" rating to a "buy" rating in a report on Saturday, March 14th. Weiss Ratings raised CI&T from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Tuesday, January 13th. Canaccord Genuity Group lifted their target price on CI&T from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Thursday, March 12th. UBS Group lifted their target price on CI&T from $7.00 to $7.10 and gave the company a "buy" rating in a research report on Thursday, March 12th. Finally, Wedbush started coverage on CI&T in a research note on Thursday, April 9th. They issued an "outperform" rating and a $9.00 price objective for the company.

CI&T Stock Performance

Shares of CI&T stock opened at $4.23 on Monday. The company has a market capitalization of $568.60 million, a PE ratio of 14.08 and a beta of 0.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.33 and a current ratio of 1.34. The company has a 50-day simple moving average of $4.86 and a two-hundred day simple moving average of $4.72. CI&T has a one year low of $3.98 and a one year high of $7.09.

CI&T (NYSE:CINT - Get Free Report) last posted its quarterly earnings data on Sunday, March 22nd. The company reported $0.05 earnings per share (EPS) for the quarter. CI&T had a net margin of 8.30% and a return on equity of 13.46%. The firm had revenue of $69.07 million for the quarter. Research analysts expect that CI&T will post 0.39 EPS for the current fiscal year.

Institutional Investors Weigh In On CI&T

Several institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its stake in CI&T by 6.4% during the fourth quarter. State Street Corp now owns 62,242 shares of the company's stock worth $253,000 after purchasing an additional 3,719 shares during the last quarter. Franklin Resources Inc. lifted its stake in CI&T by 45.7% during the fourth quarter. Franklin Resources Inc. now owns 15,892 shares of the company's stock worth $65,000 after purchasing an additional 4,983 shares during the last quarter. Wedbush Securities Inc. lifted its stake in CI&T by 50.6% during the fourth quarter. Wedbush Securities Inc. now owns 16,975 shares of the company's stock worth $69,000 after purchasing an additional 5,700 shares during the last quarter. R Squared Ltd lifted its stake in CI&T by 24.1% during the first quarter. R Squared Ltd now owns 34,521 shares of the company's stock worth $175,000 after purchasing an additional 6,707 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in CI&T by 176.3% during the second quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company's stock worth $67,000 after purchasing an additional 7,456 shares during the last quarter. Hedge funds and other institutional investors own 92.45% of the company's stock.

CI&T Company Profile

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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