CCC Intelligent Solutions (CCCS) to Release Quarterly Earnings on Thursday

CCC Intelligent Solutions (NYSE:CCCS) will likely be issuing its results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.09 per share and revenue of $265.0060 million for the quarter. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

CCC Intelligent Solutions (NYSE:CCCS) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The business had revenue of $260.45 million for the quarter, compared to analyst estimates of $256.21 million. During the same quarter last year, the firm earned $0.09 EPS. The company’s revenue was up 12.0% on a year-over-year basis. On average, analysts expect CCC Intelligent Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

CCC Intelligent Solutions Trading Down 1.5%

NYSE:CCCS opened at $8.98 on Thursday. CCC Intelligent Solutions has a one year low of $8.14 and a one year high of $12.88. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19. The company’s 50-day simple moving average is $9.50 and its 200 day simple moving average is $9.30. The firm has a market capitalization of $5.85 billion, a P/E ratio of 449.22 and a beta of 0.72.

Insider Activity at CCC Intelligent Solutions

In other CCC Intelligent Solutions news, CAO Rodney Christo sold 5,302 shares of the stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $9.76, for a total transaction of $51,747.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eric Wei sold 30,000,000 shares of the stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $9.87, for a total transaction of $296,100,000.00. Following the sale, the director directly owned 866,345 shares in the company, valued at $8,550,825.15. This represents a 97.19% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 60,197,833 shares of company stock worth $594,106,626. 6.03% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in CCCS. Osaic Holdings Inc. boosted its stake in shares of CCC Intelligent Solutions by 293.7% in the second quarter. Osaic Holdings Inc. now owns 3,083 shares of the company’s stock valued at $29,000 after purchasing an additional 2,300 shares during the period. Advisors Asset Management Inc. lifted its stake in CCC Intelligent Solutions by 40.4% in the first quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock worth $60,000 after acquiring an additional 1,898 shares during the last quarter. Walleye Capital LLC purchased a new position in CCC Intelligent Solutions in the second quarter worth approximately $113,000. Vident Advisory LLC purchased a new position in CCC Intelligent Solutions in the second quarter worth approximately $132,000. Finally, Teza Capital Management LLC purchased a new position in CCC Intelligent Solutions in the second quarter worth approximately $155,000. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CCCS. Barrington Research reiterated an “outperform” rating and issued a $14.00 target price on shares of CCC Intelligent Solutions in a research note on Monday, August 4th. Barclays lowered their price objective on shares of CCC Intelligent Solutions from $12.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 14th. Finally, Piper Sandler restated a “hold” rating and set a $10.00 price objective on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, CCC Intelligent Solutions currently has a consensus rating of “Hold” and an average target price of $11.58.

CCC Intelligent Solutions Company Profile

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. 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 insurers, repairers, automakers, parts suppliers, lenders and more.