During the last session, Clearwater Analytics Holdings Inc (NYSE:CWAN)’s traded shares were 0.89 million, with the beta value of the company hitting 0.47. At the end of the trading day, the stock’s price was $16.40, reflecting an intraday loss of -1.09% or -$0.18. The 52-week high for the CWAN share is $21.89, that puts it down -33.48 from that peak though still a striking 20.61% gain since the share price plummeted to a 52-week low of $13.02. The company’s market capitalization is $3.31B, and the average trade volume was 1.21 million shares over the past three months.
Clearwater Analytics Holdings Inc (NYSE:CWAN) trade information
Clearwater Analytics Holdings Inc (CWAN) registered a -1.09% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.09% in intraday trading to $16.40, hitting a weekly high. The stock’s 5-day price performance is 0.31%, and it has moved by -6.12% in 30 days. Based on these gigs, the overall price performance for the year is 5.26%.
Clearwater Analytics Holdings Inc (CWAN) estimates and forecasts
Statistics show that Clearwater Analytics Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Clearwater Analytics Holdings Inc (CWAN) shares have gone down -12.39% during the last six months, with a year-to-date growth rate more than the industry average at 27.27% against 18.90. In the rating firms’ projections, revenue will increase 18.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 100.54M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 105.65M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 83.34M and 89.88M respectively. In this case, analysts expect current quarter sales to grow by 20.60% and then jump by 17.50% in the coming quarter.
While earnings are projected to return 25.98% in 2024, the next five years will return 20.00% per annum.
CWAN Dividends
Clearwater Analytics Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
