The stock of CCC Intelligent Solutions Holdings Inc (CCCS) has gone up by 1.66% for the week, with a 4.03% rise in the past month and a 8.30% rise in the past quarter. The volatility ratio for the week is 3.17%, and the volatility levels for the past 30 days are 2.86% for CCCS. The simple moving average for the past 20 days is 4.07% for CCCS’s stock, with a 3.79% simple moving average for the past 200 days.
Is It Worth Investing in CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) Right Now?
The price-to-earnings ratio for CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) is above average at 155.84x, Company’s 36-month beta value is 0.65.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for CCCS is 422.98M, and currently, short sellers hold a 3.82% ratio of that floaft. The average trading volume of CCCS on November 19, 2024 was 2.70M shares.
CCCS) stock’s latest price update
CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) has experienced a decline in its stock price by -1.36 compared to its previous closing price of 11.77. However, the company has seen a gain of 1.66% in its stock price over the last five trading days. prnewswire.com reported 2024-11-13 that Partnership to streamline ADAS detection, improve repair accuracy and enhance efficiency for CCC ONE® users PLANO, Texas, Nov. 13, 2024 /PRNewswire/ — Repairify, the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today a new integration between its ADAS-focused platform, adasThink, and CCC ONE®, the premier estimating and repair management software from CCC Intelligent Solutions Inc. (CCC). This collaboration aims to provide collision repair shops with seamless access to advanced driver assistance systems (ADAS) insights, helping to enhance repair precision, increase efficiency and reduce cycle times.
Analysts’ Opinion of CCCS
Many brokerage firms have already submitted their reports for CCCS stocks, with Morgan Stanley repeating the rating for CCCS by listing it as a “Overweight.” The predicted price for CCCS in the upcoming period, according to Morgan Stanley is $15 based on the research report published on November 13, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see CCCS reach a price target of $15. The rating they have provided for CCCS stocks is “Buy” according to the report published on August 20th, 2024.
Citigroup gave a rating of “Neutral” to CCCS, setting the target price at $13 in the report published on December 13th of the previous year.
CCCS Trading at 5.70% from the 50-Day Moving Average
After a stumble in the market that brought CCCS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.44% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +2.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.57% upper at present.
During the last 5 trading sessions, CCCS rose by +1.66%, which changed the moving average for the period of 200-days by +5.55% in comparison to the 20-day moving average, which settled at $11.16. In addition, CCC Intelligent Solutions Holdings Inc saw 1.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCCS starting from Christo Rodney, who sale 75,000 shares at the price of $11.80 back on Nov 14 ’24. After this action, Christo Rodney now owns 0 shares of CCC Intelligent Solutions Holdings Inc, valued at $884,985 using the latest closing price.
PRIGGE MARY JO, the of CCC Intelligent Solutions Holdings Inc, sale 2,489 shares at $12.00 during a trade that took place back on Nov 13 ’24, which means that PRIGGE MARY JO is holding 97,268 shares at $29,871 based on the most recent closing price.
Stock Fundamentals for CCCS
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.74 for the gross margin
The net margin for CCC Intelligent Solutions Holdings Inc stands at 0.05. The total capital return value is set at 0.03. Equity return is now at value 2.33, with 1.44 for asset returns.
Based on CCC Intelligent Solutions Holdings Inc (CCCS), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 1.11.
Currently, EBITDA for the company is 114.37 million with net debt to EBITDA at 2.09. When we switch over and look at the enterprise to sales, we see a ratio of 8.42. The receivables turnover for the company is 7.14for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.05.
Conclusion
In a nutshell, CCC Intelligent Solutions Holdings Inc (CCCS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
