CI&T Inc. (NYSE:CINT) Receives $7.80 Consensus Price Target from Brokerages

Shares of CI&T Inc. (NYSE:CINT) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $7.80.

CINT has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of CI&T from $8.00 to $6.80 and set a “neutral” rating for the company in a report on Tuesday, July 22nd. Canaccord Genuity Group reaffirmed a “buy” rating and set a $8.00 price objective on shares of CI&T in a report on Thursday. Wall Street Zen raised shares of CI&T from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of CI&T in a report on Wednesday, October 8th.

Institutional Investors Weigh In On CI&T

Hedge funds have recently made changes to their positions in the company. Hsbc Holdings PLC acquired a new stake in shares of CI&T during the 1st quarter worth about $62,000. Russell Investments Group Ltd. increased 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 purchasing an additional 7,456 shares in the last quarter. Walleye Capital LLC acquired a new stake in shares of CI&T during the 1st quarter worth about $103,000. Nipun Capital L.P. acquired a new stake in shares of CI&T during the 2nd quarter worth about $111,000. Finally, Jane Street Group LLC acquired a new stake in CI&T in the 1st quarter valued at about $163,000. Institutional investors and hedge funds own 92.45% of the company’s stock.

CI&T Price Performance

Shares of CI&T stock opened at $4.22 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.49 and a quick ratio of 1.49. CI&T has a fifty-two week low of $3.98 and a fifty-two week high of $8.00. The firm has a fifty day moving average price of $5.08 and a two-hundred day moving average price of $5.47. The company has a market cap of $568.35 million, a PE ratio of 17.58 and a beta of 1.15.

CI&T (NYSE:CINT) last issued its quarterly earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. CI&T had a net margin of 7.27% and a return on equity of 11.34%. The firm had revenue of $116.32 million during the quarter, compared to the consensus estimate of $659.84 million. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Analysts expect that CI&T will post 0.2 EPS for the current year.

CI&T Company Profile

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.