In Wednesday’s Wall Street session, CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares traded at $9.26, down -0.75% from the previous session.
CCCS stock price is now 0.09% away from the 50-day moving average and -13.46% away from the 200-day moving average. The market capitalization of the company currently stands at $6.10B.
With the price target reduced from $14 to $11, JP Morgan Downgraded its rating from Overweight to Neutral for CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS). On November 13, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $14 to quote $15, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Schloss Eileen, Director sold 27,478 shares of the company’s stock on Apr 03 ’25. The stock was sold for $236,311 at an average price of $8.60. Upon completion of the transaction, the Director now directly owns 26,569 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’25, Director Schloss Eileen bought 27,478 shares of the business’s stock. A total of $236,311 was incurred on buying the stock at an average price of $8.60. A total of 25.38% of the company’s stock is owned by insiders.
During the past 12 months, CCC Intelligent Solutions Holdings Inc has had a low of $8.14 and a high of $12.88. As of last week, the company has a debt-to-equity ratio of 0.43, a current ratio of 3.50, and a quick ratio of 3.50. According to the stock market information, the enterprise value for the company is $6559415808, which is based on a 228.08 price-to-earnings ratio, a 27.48 price-to-earnings-growth ratio, and a beta of 0.76. The fifty day moving average price for CCCS is $9.252 and a two-hundred day moving average price translates $10.69995 for the stock.
The latest earnings results from CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) was released for 2024-12-31. The net profit margin was 2.77% and return on equity was 1.38% for CCCS. The company reported revenue of $246.46 million for the quarter, compared to $228.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.81 percent. For the current quarter, analysts expect CCCS to generate $249.83M in revenue.
