CI&T (NYSE:CINT) Shares Up 4.3% - Time to Buy?

Key Points

• CI&T's stock price rose by 4.3% to $4.35 in midday trading, despite a 67% decrease in trading volume compared to its average.
• Analysts have mixed ratings for CI&T, with a consensus of a "Moderate Buy" and a target price of $7.80, while Canaccord Genuity set an $8.00 target despite recent downgrades.
• CI&T recently reported quarterly earnings of $0.07 per share, surpassing estimates, but revenue was significantly below expectations at $116.32 million.

CI&T Inc. (NYSE:CINT - Get Free Report)'s share price traded up 4.3% on Tuesday . The stock traded as high as $4.39 and last traded at $4.35. 57,290 shares were traded during mid-day trading, a decline of 67% from the average session volume of 173,415 shares. The stock had previously closed at $4.17.

Analyst Upgrades and Downgrades

Several research firms recently commented on CINT. Wall Street Zen upgraded CI&T from a "hold" rating to a "buy" rating in a research report on Saturday, August 16th. Canaccord Genuity Group reissued a "buy" rating and set a $8.00 price objective (down previously from $10.00) on shares of CI&T in a report on Thursday, June 26th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of CI&T in a research note on Wednesday, October 8th. Finally, UBS Group dropped 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 report on Tuesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, CI&T has a consensus rating of "Moderate Buy" and a consensus target price of $7.80.

CI&T Stock Performance

The company has a market cap of $574.42 million, a P/E ratio of 17.81 and a beta of 1.15. The company's fifty day moving average is $5.17 and its 200 day moving average is $5.52. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 0.29.

CI&T (NYSE:CINT - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 return on equity of 11.34% and a net margin of 7.27%. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts predict that CI&T Inc. will post 0.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Russell Investments Group Ltd. lifted its position in CI&T by 176.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company's stock valued at $67,000 after acquiring an additional 7,456 shares during the period. Hsbc Holdings PLC purchased a new stake in shares of CI&T during the first quarter valued at $62,000. Walleye Capital LLC bought a new stake in shares of CI&T in the first quarter worth approximately $103,000. Cubist Systematic Strategies LLC raised its stake in CI&T by 93.8% during the 1st quarter. Cubist Systematic Strategies LLC now owns 36,356 shares of the company's stock valued at $217,000 after buying an additional 17,601 shares during the last quarter. Finally, Nipun Capital L.P. bought a new position in CI&T in the second quarter valued at about $111,000. 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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