CCC Intelligent Solutions Holdings Inc (CCCS) concluded trading on Thursday at a closing price of $11.41, with 3.78 million shares of worth about $43.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.24% during that period and on January 23, 2025 the price saw a loss of about -2.48%. Currently the company’s common shares owned by public are about 625.33M shares, out of which, 440.94M shares are available for trading.
Stock saw a price change of 3.73% in past 5 days and over the past one month there was a price change of -3.22%. Year-to-date (YTD), CCCS shares are showing a performance of -2.73% which increased to 3.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.79 but also hit the highest price of $12.88 during that period. The average intraday trading volume for CCC Intelligent Solutions Holdings Inc shares is 3.32 million. The stock is currently trading -0.49% below its 20-day simple moving average (SMA20), while that difference is down -4.04% for SMA50 and it goes to 1.49% higher than SMA200.
CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) currently have 625.33M outstanding shares and institutions hold larger chunk of about 67.58% of that.
The stock has a current market capitalization of $7.49B and its 3Y-monthly beta is at 0.72. PE ratio of stock for trailing 12 months is 153.15, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 15.32 and has Quick Ratio of 3.05 while making debt-to-equity ratio of 0.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCCS, volatility over the week remained 2.46% while standing at 2.12% over the month.
Analysts are in expectations that CCC Intelligent Solutions Holdings Inc (CCCS) stock would likely to be making an EPS of 0.1 in the current quarter, while forecast for next quarter EPS is 0.09 and it is 0.4 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.09 which is 0.11 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.09 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.57% while it is estimated to increase by 6.60% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 13, 2024 offering an Overweight rating for the stock and assigned a target price range of between $14 and $15 to it. Coverage by BofA Securities stated CCC Intelligent Solutions Holdings Inc (CCCS) stock as a Buy in their note to investors on August 20, 2024, suggesting a price target of $15 for the stock. On December 13, 2023, Citigroup Resumed their recommendations, while on December 12, 2023, Morgan Stanley Initiated their ratings for the stock with a price target of $13. Stock get a Buy rating from Stifel on September 22, 2023.
