CI&T (CINT) Set to Announce Earnings on Wednesday

CI&T (NYSE:CINT - Get Free Report) is set to issue its quarterly earnings data before the market opens on Wednesday, May 22nd. Parties interested in participating in the company's conference call can do so using this link.

CI&T (NYSE:CINT - Get Free Report) last announced its quarterly earnings data on Thursday, March 14th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. CI&T had a net margin of 7.11% and a return on equity of 15.96%. The company had revenue of $105.50 million during the quarter, compared to analysts' expectations of $107.56 million. On average, analysts expect CI&T to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CI&T Price Performance

Shares of CINT stock traded down $0.05 during mid-day trading on Wednesday, reaching $3.46. The company's stock had a trading volume of 34,985 shares, compared to its average volume of 100,593. CI&T has a 1-year low of $3.40 and a 1-year high of $7.20. The company has a market cap of $464.39 million, a P/E ratio of 15.71 and a beta of 1.03. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.00 and a current ratio of 2.00. The firm's 50-day moving average is $4.08 and its two-hundred day moving average is $4.61.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on CINT shares. Canaccord Genuity Group increased their price objective on shares of CI&T from $4.00 to $5.00 and gave the company a "hold" rating in a research note on Monday, March 18th. Citigroup dropped their price objective on shares of CI&T from $4.50 to $4.25 and set a "neutral" rating for the company in a research note on Monday, April 22nd. Finally, UBS Group assumed coverage on shares of CI&T in a research report on Tuesday. They set a "neutral" rating and a $4.20 target price for the company. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $5.21.

CI&T Company Profile

CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises and companies worldwide. It is also involved in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration, and mobility technologies.