CI&T (NYSE:CINT) Earns "Hold (C)" Rating from Weiss Ratings

Key Points

• CI&T has received a "Hold (C)" rating from Weiss Ratings, while other analysts have varied opinions, with Wall Street Zen upgrading it to "Buy" and UBS lowering its price target.
• The stock has been trading down 2.0%, reaching a price of $4.49, with an average price target of $7.80 according to MarketBeat.
• Institutional investors hold 92.45% of CI&T's shares, with significant recent increases in holdings from firms like JPMorgan Chase & Co. and Aberdeen Group plc.

CI&T (NYSE:CINT - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Several other research analysts have also recently issued reports on CINT. Wall Street Zen upgraded shares of CI&T from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. UBS Group cut their price target on CI&T from $8.00 to $6.80 and set a "neutral" rating for the company in a research note on Tuesday, July 22nd. Finally, Canaccord Genuity Group reiterated a "buy" rating and set a $8.00 price objective (down from $10.00) on shares of CI&T in a research note on Thursday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $7.80.

CI&T Trading Down 2.0%

Shares of NYSE:CINT traded down $0.09 during trading on Wednesday, reaching $4.49. The stock had a trading volume of 367,723 shares, compared to its average volume of 397,531. The firm's fifty day moving average is $5.24 and its 200 day moving average is $5.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. CI&T has a 52 week low of $4.42 and a 52 week high of $8.00. The stock has a market cap of $604.71 million, a price-to-earnings ratio of 18.71 and a beta of 1.15.

CI&T (NYSE:CINT - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. CI&T had a net margin of 7.27% and a return on equity of 11.34%. The firm had revenue of $116.32 million for the quarter, compared to the consensus estimate of $659.84 million. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that CI&T will post 0.2 EPS for the current fiscal year.

Institutional Trading of CI&T

A number of large investors have recently made changes to their positions in CINT. JPMorgan Chase & Co. raised its holdings in CI&T by 24,544.5% during the second quarter. JPMorgan Chase & Co. now owns 1,460,678 shares of the company's stock worth $8,720,000 after purchasing an additional 1,454,751 shares during the last quarter. Aberdeen Group plc purchased a new stake in shares of CI&T in the first quarter valued at $1,681,000. BW Gestao de Investimentos Ltda. grew its position 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 valued at $17,209,000 after acquiring an additional 242,811 shares during the period. Marshall Wace LLP grew its position in CI&T by 90.4% during the second quarter. Marshall Wace LLP now owns 380,818 shares of the company's stock valued at $2,273,000 after acquiring an additional 180,800 shares during the period. Finally, Herald Investment Management Ltd lifted its stake in shares of CI&T by 26.8% during the second quarter. Herald Investment Management Ltd now owns 450,000 shares of the company's stock worth $2,682,000 after purchasing an additional 95,000 shares in the last quarter. 92.45% of the stock is owned by institutional investors and hedge funds.

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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