CI&T Inc (NYSE:CINT) Receives $5.70 Average PT from Brokerages

CI&T Inc (NYSE:CINTGet Free Report) has earned an average recommendation of “Hold” from the six brokerages that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $5.70.

A number of equities analysts have recently commented on CINT shares. Morgan Stanley reaffirmed an “equal weight” rating and issued a $5.50 price target (down from $6.00) on shares of CI&T in a report on Friday, January 5th. Canaccord Genuity Group began coverage on CI&T in a research report on Wednesday, December 6th. They set a “hold” rating on the stock. Finally, Canaccord Genuity Group initiated coverage on CI&T in a research report on Wednesday, December 6th. They issued a “hold” rating and a $5.50 target price for the company.

Check Out Our Latest Stock Analysis on CI&T

Institutional Trading of CI&T

A number of hedge funds and other institutional investors have recently bought and sold shares of CINT. BlackRock Inc. bought a new stake in shares of CI&T during the second quarter valued at approximately $63,000. Lazard Asset Management LLC bought a new position in shares of CI&T during the 2nd quarter worth $106,000. Sei Investments Co. purchased a new position in shares of CI&T during the second quarter valued at $118,000. Trexquant Investment LP bought a new stake in shares of CI&T in the third quarter valued at about $159,000. Finally, LPL Financial LLC bought a new stake in shares of CI&T in the second quarter valued at about $168,000. Hedge funds and other institutional investors own 10.04% of the company’s stock.

CI&T Trading Up 0.4 %

CINT opened at $4.47 on Tuesday. The firm has a market capitalization of $598.35 million, a PE ratio of 19.44 and a beta of 1.08. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.60 and a quick ratio of 1.60. CI&T has a fifty-two week low of $3.34 and a fifty-two week high of $7.25. The company’s 50-day moving average is $4.99 and its 200 day moving average is $5.39.

CI&T (NYSE:CINTGet Free Report) last released its quarterly earnings results on Friday, November 17th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). CI&T had a net margin of 7.18% and a return on equity of 16.48%. The company had revenue of $108.42 million during the quarter, compared to analysts’ expectations of $107.07 million. As a group, research analysts predict that CI&T will post 0.28 earnings per share for the current fiscal year.

About CI&T

(Get Free Report

CI&T Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises and companies worldwide. It is also involved in the development of customizable software through the implementation of software solutions, including machine learning, artificial intelligence, analytics, cloud migration, and mobility technologies.

Recommended Stories

Analyst Recommendations for CI&T (NYSE:CINT)

Receive News & Ratings for CI&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CI&T and related companies with MarketBeat.com's FREE daily email newsletter.