Should I buy or sell CCC Intelligent Solutions stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CCC Intelligent Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CCCS shares. View CCCS analyst ratings or view top-rated stocks .

What is CCC Intelligent Solutions' stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for CCC Intelligent Solutions' stock. Their CCCS share price targets range from $11.00 to $14.00. On average, they predict the company's share price to reach $13.00 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View analysts price targets for CCCS or view top-rated stocks among Wall Street analysts .

How have CCCS shares performed in 2023?

CCC Intelligent Solutions' stock was trading at $8.70 at the start of the year. Since then, CCCS stock has increased by 32.8% and is now trading at $11.55. View the best growth stocks for 2023 here .

When is CCC Intelligent Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our CCCS earnings forecast .

How were CCC Intelligent Solutions' earnings last quarter?

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) released its earnings results on Monday, November, 6th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.02. The firm earned $221.15 million during the quarter, compared to the consensus estimate of $216.12 million. CCC Intelligent Solutions had a negative net margin of 13.85% and a positive trailing twelve-month return on equity of 6.29%.

What ETF holds CCC Intelligent Solutions' stock ?

WisdomTree U.S. Multifactor Fund holds 212,232 shares of CCCS stock, representing 0.87% of its portfolio.

Who are CCC Intelligent Solutions' major shareholders?

CCC Intelligent Solutions' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Technology Crossover Management IX Ltd. (4.82%), Invesco Ltd. (1.23%), Allspring Global Investments Holdings LLC (0.78%), Riverbridge Partners LLC (0.76%), Brown Advisory Inc. (0.72%) and Summit Creek Advisors LLC (0.39%). Insiders that own company stock include Brian Herb , Eileen Schloss , Eric Wei , John Page Goodson , Marc Fredman , Mary Jo Prigge , Rodney Christo and William Ingram . View institutional ownership trends .

How do I buy shares of CCC Intelligent Solutions?

Shares of CCCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

CCC Intelligent Solutions Stock Price, News & Analysis (NYSE:CCCS)

$11.55

-0.02 (-0.17%)

(As of 11/28/2023 ET)

Remove Compare

Today's Range: $11.49
▼
$11.62
50-Day Range: $10.69
▼
$13.35
52-Week Range: $8.24
▼
$13.41

Volume: 1.08 million shs
Average Volume: 1.60 million shs
Market Capitalization: $7.33 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.00

CCC Intelligent Solutions MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 12.6% Upside
$13.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.19
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.75%
From $0.16 to $0.19 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Finance Sector

682nd out of 860 stocks

Prepackaged Software Industry

134th out of 196 stocks

2.3

Analyst's Opinion

Consensus Rating
CCC Intelligent Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.00, CCC Intelligent Solutions has a forecasted upside of 12.6% from its current price of $11.55.
Amount of Analyst Coverage
CCC Intelligent Solutions has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CCCS.

0.0

Dividend Strength

Dividend Yield
CCC Intelligent Solutions does not currently pay a dividend.
Dividend Growth
CCC Intelligent Solutions does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CCCS.

2.3

News and Social Media Coverage

News Sentiment
CCC Intelligent Solutions has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for CCC Intelligent Solutions this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 2 people have added CCC Intelligent Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CCC Intelligent Solutions insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.47% of the stock of CCC Intelligent Solutions is held by insiders.
Percentage Held by Institutions
95.78% of the stock of CCC Intelligent Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for CCC Intelligent Solutions are expected to grow by 18.75% in the coming year, from $0.16 to $0.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CCC Intelligent Solutions is -57.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CCC Intelligent Solutions is -57.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CCC Intelligent Solutions has a P/B Ratio of 3.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CCC Intelligent Solutions Stock (NYSE:CCCS)

CCC Intelligent Solutions Holdings Inc. provides cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufactures, financial institution, and others. It offers CCC Insurance solutions, including CCC Subrogation, CCC estimating, CCC total loss, CCC AI and analytics, and CCC casualty; CCC Repair solutions, such as CCC network management, CCC repair workflow, and CCC repair quality; CCC Other Ecosystem solutions, comprising CCC parts solutions, CCC automotive manufacturer solutions, CCC Diagnostics Service Provider Solutions; CCC lender solutions, and CCC payments; and CCC International solutions. The company has strategic partnership with Verisk Analytics, Inc. to bring new innovations to P&C insurance claims. The company was founded in 1980 and is headquartered in Chicago, Illinois.

CCCS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CCCS Stock News Headlines

November 24, 2023 | americanbankingnews.com

Contrasting CCC Intelligent Solutions (NYSE:CCCS) & Arbe Robotics (NASDAQ:ARBEW)

November 24, 2023 | americanbankingnews.com

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Given Consensus Recommendation of "Moderate Buy" by Analysts

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

November 18, 2023 | markets.businessinsider.com

Buy Rating Advocated for CCC Intelligent Solutions Following Strong Q3 Performance and Strategic Innovations

November 16, 2023 | seekingalpha.com

CCC Intelligent Solutions: Product Launches To Continue Driving Growth

November 9, 2023 | finance.yahoo.com

CCC Intelligent Solutions Announces Pricing of Secondary Offering of 65 Million Shares of Common Stock, Including Concurrent Common Stock Repurchase

November 8, 2023 | finance.yahoo.com

CCC Intelligent Solutions Announces Proposed Secondary Offering of 50 Million Shares of Common Stock, including Concurrent Common Stock Repurchase

November 7, 2023 | finance.yahoo.com

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Q3 2023 Earnings Call Transcript

November 29, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 6, 2023 | finance.yahoo.com

CCC Intelligent Solutions Holdings Inc. Reports 11% YoY Revenue Growth in Q3 2023

November 6, 2023 | finance.yahoo.com

CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2023 Financial Results

November 5, 2023 | finance.yahoo.com

A Look At The Fair Value Of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS)

October 30, 2023 | finance.yahoo.com

CCCS Nov 2023 7.500 call

October 24, 2023 | msn.com

CCC Intelligent Solutions drops amid report Advent pulled sale process

October 23, 2023 | msn.com

CCC Intelligent: Valuations And Growth Potential In The Spotlight

October 23, 2023 | finance.yahoo.com

CCC Introduces Next Generation AI-Based Photo Analysis Capabilities

October 16, 2023 | finance.yahoo.com

CCC Intelligent Solutions Announces Date of Third Quarter Fiscal Year 2023 Earnings Call

October 11, 2023 | finance.yahoo.com

CCC Brings AI to Collision Repairers Offering Relief to Shop Labor Shortages

September 30, 2023 | msn.com

CCC Intelligent Solutions sees takeover interest from Bain Capital - report (update)

September 28, 2023 | msn.com

CCC Intelligent Solutions sees takeover interest from Bain Capital - report

September 28, 2023 | finance.yahoo.com

CCC and Google Collaborate to Make It Easier for Consumers to Schedule Online Appointments with Collision Repairers

September 25, 2023 | finance.yahoo.com

CCC Intelligent Solutions Holdings (NASDAQ:CCCS) Has Some Way To Go To Become A Multi-Bagger

September 23, 2023 | msn.com

Stifel Initiates Coverage of CCC Intelligent Solutions Holdings (CCCS) with Buy Recommendation

September 22, 2023 | markets.businessinsider.com

Analyst Ratings for CCC Intelligent Solutions

September 18, 2023 | msn.com

Why CCC Intelligent Solutions Holdings Topped the Market Today

September 16, 2023 | reuters.com

Exclusive: Advent explores sale of car insurance software vendor CCC

August 31, 2023 | msn.com

CCC Intelligent Solutions Holdings (CCCS) Price Target Increased by 7.50% to 13.16

See More Headlines

Company Calendar

Last Earnings: 11/06/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CCCS
CUSIP: N/A
CIK: 1818201
Web: www.dragoneergrowth.com
Phone: 800-621-8070
Fax: N/A
Employees: 2,375
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.00
High Stock Price Target: $14.00
Low Stock Price Target: $11.00
Potential Upside/Downside: +12.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 72.19
P/E Growth: N/A
Net Income: $38.41 million
Net Margins: -13.85%
Pretax Margin: -13.99%
Return on Equity: 6.29%
Return on Assets: 3.86%

Debt

Debt-to-Equity Ratio: 0.38
Current Ratio: 4.13
Quick Ratio: 4.13

Sales & Book Value

Annual Sales: $782.45 million
Price / Sales: 9.37
Cash Flow: $0.54 per share
Price / Cash Flow: 21.28
Book Value: $3.30 per share
Price / Book: 3.50

Miscellaneous

Outstanding Shares: 634,880,000
Free Float: 593,803,000
Market Cap: $7.33 billion
Optionable: Optionable
Beta: 0.59

Key Executives

Mr. Githesh Ramamurthy (Age 62)
Chairman & CEO
Comp: $848.77k
Mr. Brian Herb (Age 50)
Executive VP, CFO & Chief Administrative Officer
Comp: $930.37k
Mr. John P. Goodson (Age 58)
Executive VP, Chief Product & Technology Officer
Comp: $802.78k
Ms. Mary Jo Prigge (Age 65)
Executive VP & Chief Service Delivery Officer
Comp: $826.42k
Mr. Michael Silva (Age 56)
Executive VP and Chief Commercial & Customer Success Officer
Comp: $478.62k
Rodney Christo
Chief Accounting Officer
Mr. William Arthur Warmington Jr.
Vice President of Investor Relations
Mr. Kevin Kane
Senior VP & Chief Legal Officer
Ms. Christy Harris
Senior VP & Chief HR Officer
Mr. Kevin Ho
Senior VP & GM for China

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCCS Stock Analysis - Frequently Asked Questions

Should I buy or sell CCC Intelligent Solutions stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CCC Intelligent Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CCCS shares.
View CCCS analyst ratings or view top-rated stocks.
What is CCC Intelligent Solutions' stock price target for 2024?: 6 Wall Street research analysts have issued 12 month price objectives for CCC Intelligent Solutions' stock. Their CCCS share price targets range from $11.00 to $14.00. On average, they predict the company's share price to reach $13.00 in the next year. This suggests a possible upside of 12.6% from the stock's current price.
View analysts price targets for CCCS or view top-rated stocks among Wall Street analysts.
How have CCCS shares performed in 2023?: CCC Intelligent Solutions' stock was trading at $8.70 at the start of the year. Since then, CCCS stock has increased by 32.8% and is now trading at $11.55.
View the best growth stocks for 2023 here.
When is CCC Intelligent Solutions' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our CCCS earnings forecast.

How were CCC Intelligent Solutions' earnings last quarter?: CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) released its earnings results on Monday, November, 6th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.02. The firm earned $221.15 million during the quarter, compared to the consensus estimate of $216.12 million. CCC Intelligent Solutions had a negative net margin of 13.85% and a positive trailing twelve-month return on equity of 6.29%.
What ETF holds CCC Intelligent Solutions' stock ?: WisdomTree U.S. Multifactor Fund holds 212,232 shares of CCCS stock, representing 0.87% of its portfolio.
Who are CCC Intelligent Solutions' major shareholders?: CCC Intelligent Solutions' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Technology Crossover Management IX Ltd. (4.82%), Invesco Ltd. (1.23%), Allspring Global Investments Holdings LLC (0.78%), Riverbridge Partners LLC (0.76%), Brown Advisory Inc. (0.72%) and Summit Creek Advisors LLC (0.39%). Insiders that own company stock include Brian Herb, Eileen Schloss, Eric Wei, John Page Goodson, Marc Fredman, Mary Jo Prigge, Rodney Christo and William Ingram.
View institutional ownership trends.
How do I buy shares of CCC Intelligent Solutions?: Shares of CCCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CCCS) was last updated on 11/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

CCC Intelligent Solutions Stock Price, News & Analysis (NYSE:CCCS)

CCC Intelligent Solutions MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CCC Intelligent Solutions Stock (NYSE:CCCS)

CCCS Stock Price History

CCCS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CCCS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™