CI&T (NYSE:CINT) Stock Price Down 5.1% - Time to Sell?

Key Points

• CI&T Inc. (NYSE:CINT) experienced a significant drop of 5.1% in stock price, trading as low as $4.90 amid low trading volume, 75% below its average.
• Analysts have mixed opinions on the stock, with Canaccord Genuity lowering its price target to $8.00 while UBS Group set a new target at $6.80, indicating a trend of decreased expectations.
• The company's recent earnings report showed an EPS of $0.07, exceeding estimates, but revenue was substantially below forecasts, raising concerns about ongoing performance.

CI&T Inc. (NYSE:CINT - Get Free Report) fell 5.1% on Tuesday . The company traded as low as $4.90 and last traded at $4.73. 41,591 shares changed hands during trading, a decline of 75% from the average session volume of 166,803 shares. The stock had previously closed at $4.98.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on CINT shares. Weiss Ratings restated a "hold (c)" rating on shares of CI&T in a report on Saturday, September 27th. Canaccord Genuity Group reissued a "buy" rating and issued a $8.00 price target (down previously from $10.00) on shares of CI&T in a report on Thursday, June 26th. Wall Street Zen raised CI&T from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, UBS Group dropped their target price 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. One equities research 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 company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $7.80.

CI&T Price Performance

The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.29. The stock's 50 day moving average price is $5.28 and its 200-day moving average price is $5.58. The stock has a market capitalization of $622.90 million, a PE ratio of 19.26 and a beta of 1.15.

CI&T (NYSE:CINT - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The firm had revenue of $116.32 million during the quarter, compared to analyst estimates 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 forecast that CI&T Inc. will post 0.2 EPS for the current year.

Institutional Trading of CI&T

Several institutional investors have recently bought and sold shares of CINT. Hsbc Holdings PLC purchased a new position in shares of CI&T during the 1st quarter worth $62,000. Russell Investments Group Ltd. boosted its position in shares of CI&T by 176.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company's stock worth $67,000 after acquiring an additional 7,456 shares in the last quarter. Walleye Capital LLC purchased a new stake in CI&T in the first quarter valued at $103,000. Two Sigma Investments LP acquired a new position in CI&T during the fourth quarter worth approximately $111,000. Finally, Nipun Capital L.P. acquired a new stake in shares of CI&T during the second quarter worth about $111,000. 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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