During the last session, CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS)’s traded shares were 10.28 million, with the beta value of the company hitting 0.76. At the end of the trading day, the stock’s price was $8.95, reflecting an intraday gain of 7.96% or $0.65. The 52-week high for the CCCS share is $12.88, that puts it down -43.91 from that peak though still a striking 9.05% gain since the share price plummeted to a 52-week low of $8.14. The company’s market capitalization is $5.90B, and the average trade volume was 8.36 million shares over the past three months.
CCC Intelligent Solutions Holdings Inc (CCCS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.53. CCCS has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.08.
CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) trade information
CCC Intelligent Solutions Holdings Inc (CCCS) registered a 7.96% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 7.96% in intraday trading to $8.95, hitting a weekly high. The stock’s 5-day price performance is -3.29%, and it has moved by 5.85% in 30 days. Based on these gigs, the overall price performance for the year is -17.16%.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 18.64% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $13 respectively. As a result, CCCS is trading at a discount of -45.25% off the target high and -0.56% off the low.
CCC Intelligent Solutions Holdings Inc (CCCS) estimates and forecasts
In the rating firms’ projections, revenue will increase 11.11% 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 256.17M as predicted by 8 analyst(s). Meanwhile, a consensus of 8 analyst(s) estimates revenue growth to 265.12M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 232.62M and 238.48M respectively. In this case, analysts expect current quarter sales to grow by 10.13% and then jump by 11.17% in the coming quarter.
While earnings are projected to return -2.72% in 2025, the next five years will return 8.68% per annum.
CCCS Dividends
CCC Intelligent Solutions Holdings Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 55.94 million shares, is of T. ROWE PRICE INVESTMENT MANAGEMENT, INC.’s that is approximately 9.1703% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $621.48 million.
Also, the Mutual Funds coming in first place with the largest holdings of CCC Intelligent Solutions Holdings Inc (CCCS) shares are T. Rowe Price Mid-Cap Growth Fund, Inc. and Principal Funds, Inc-MidCap Fund (f/k/a MidCap Blend Fund) . Data provided on Dec 31, 2024 indicates that T. Rowe Price Mid-Cap Growth Fund, Inc. owns about 25.14 shares. This amounts to just over 4.05 percent of the company’s overall shares, with a $225.13 million market value. The same data shows that the other fund manager holds slightly less at 20.17, or about 3.25% of the stock, which is worth about $180.64 million.
