CI&T Inc. (NYSE:CINT – Get Free Report) has received a consensus recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $5.38.
A number of analysts recently weighed in on the stock. Citigroup lowered their target price on shares of CI&T from $4.50 to $4.25 and set a “neutral” rating on the stock in a research note on Monday, April 22nd. Canaccord Genuity Group upped their price objective on CI&T from $4.00 to $5.00 and gave the company a “hold” rating in a research note on Monday, March 18th.
Check Out Our Latest Stock Report on CI&T
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CI&T Price Performance
Shares of NYSE:CINT opened at $3.63 on Thursday. The firm has a market capitalization of $487.91 million, a PE ratio of 16.50 and a beta of 1.03. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.45. CI&T has a 1-year low of $3.34 and a 1-year high of $7.20. The business’s 50 day moving average is $4.20 and its 200-day moving average is $4.65.
CI&T (NYSE:CINT – Get Free Report) last posted its quarterly earnings results on Thursday, March 14th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $105.50 million for the quarter, compared to the consensus estimate of $107.56 million. CI&T had a net margin of 7.11% and a return on equity of 15.96%. Sell-side analysts predict that CI&T will post 0.25 earnings per share for the current year.
About CI&T
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.
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