CI&T (NYSE:CINT) Reaches New 1-Year Low - Here's Why

Key Points

• CI&T's shares hit a new 52-week low of $4.41, with a recent trading volume of 68,198 shares.
• Analysts have made several rating adjustments, with UBS Group lowering their price target from $8.00 to $6.80 and maintaining a "neutral" rating.
• Institutional investors hold a significant 92.45% of CI&T's stock, indicating strong institutional interest despite the recent stock decline.

CI&T Inc. (NYSE:CINT - Get Free Report) shares hit a new 52-week low on Thursday . The company traded as low as $4.41 and last traded at $4.46, with a volume of 68198 shares trading hands. The stock had previously closed at $4.48.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group cut their price target on shares of CI&T from $8.00 to $6.80 and set a "neutral" rating on the stock in a report on Tuesday, July 22nd. Weiss Ratings restated a "hold (c)" rating on shares of CI&T in a research note on Wednesday. Wall Street Zen upgraded shares of CI&T from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $8.00 price objective (down previously from $10.00) on shares of CI&T in a research note on Thursday, June 26th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $7.80.

CI&T Trading Down 0.9%

The business has a fifty day moving average of $5.22 and a 200-day moving average of $5.56. The stock has a market capitalization of $597.98 million, a price-to-earnings ratio of 18.50 and a beta of 1.15. 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 (NYSE:CINT - Get Free Report) last posted 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. The firm had revenue of $116.32 million for the quarter, compared to analysts' expectations 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 anticipate that CI&T Inc. will post 0.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Herald Investment Management Ltd lifted its holdings in CI&T by 26.8% in the 2nd 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 during the last quarter. Two Sigma Investments LP acquired a new position in shares of CI&T during the fourth quarter valued at about $111,000. Goldman Sachs Group Inc. raised its position in shares of CI&T by 551.2% during the first quarter. Goldman Sachs Group Inc. now owns 74,061 shares of the company's stock valued at $442,000 after buying an additional 62,688 shares during the last quarter. Aberdeen Group plc acquired a new position in shares of CI&T during the first quarter valued at about $1,681,000. Finally, Walleye Capital LLC acquired a new position in shares of CI&T during the first quarter valued at about $103,000. Institutional investors own 92.45% of the company's stock.

CI&T Company Profile

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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