Semantix, Inc. to Post Q4 2023 Earnings of ($0.18) Per Share, DA Davidson Forecasts (NASDAQ:STIX)

Semantix, Inc. (NASDAQ:STIX) – Research analysts at DA Davidson issued their Q4 2023 earnings per share estimates for Semantix in a research report issued on Thursday, November 9th. DA Davidson analyst R. Kessinger anticipates that the company will post earnings of ($0.18) per share for the quarter. The consensus estimate for Semantix’s current full-year earnings is ($0.97) per share.

Semantix Price Performance

Semantix stock opened at $0.95 on Friday. The stock’s 50 day moving average is $1.50 and its 200 day moving average is $2.05. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.82 and a quick ratio of 2.82. The firm has a market cap of $75.15 million, a P/E ratio of -1.17 and a beta of -0.14. Semantix has a one year low of $0.55 and a one year high of $4.96.

Semantix (NASDAQ:STIX) last posted its quarterly earnings data on Thursday, August 17th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.44. The company had revenue of $9.70 million for the quarter. Semantix had a negative return on equity of 83.91% and a negative net margin of 122.82%.

Hedge Funds Weigh In On Semantix

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Morgan Stanley lifted its stake in Semantix by 190.1% in the fourth quarter. Morgan Stanley now owns 98,935 shares of the company’s stock valued at $87,000 after buying an additional 64,835 shares during the period. Barclays PLC acquired a new position in shares of Semantix during the first quarter worth approximately $109,000. Banco BTG Pactual S.A. bought a new stake in Semantix during the first quarter worth $1,986,000. Finally, Geode Capital Management LLC bought a new stake in Semantix during the first quarter worth $164,000. 0.86% of the stock is owned by institutional investors and hedge funds.

About Semantix

Semantix, Inc, together with its subsidiaries, provides end-to-end proprietary Software as a Service (SaaS) data platform in Latin America and the United States. The company offers SDP, a multi-cloud SaaS data platform that provides data integration, data operations, machine learning operations, data governance, data sharing, and data visualization for financial institutions; healthcare plans operators, health insurance brokers, hospitals, clinics, and imaging and diagnostics facilities; and retailers.