The price-to-earnings ratio for CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) is 171.01x, which is above its average ratio. Moreover, the 36-month beta value for CCCS is 0.69. Analysts have varying opinions on the stock, with 6 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CCCS is 420.26M and currently, short sellers hold a 3.84% of that float. On November 26, 2024, CCCS’s average trading volume was 2.79M shares.
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CCCS) stock’s latest price update
The stock price of CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) has surged by 2.17 when compared to previous closing price of 12.47, but the company has seen a 9.73% gain in its stock price over the last five trading sessions. 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.
CCCS’s Market Performance
CCC Intelligent Solutions Holdings Inc (CCCS) has seen a 9.73% rise in stock performance for the week, with a 15.82% gain in the past month and a 17.74% surge in the past quarter. The volatility ratio for the week is 3.05%, and the volatility levels for the past 30 days are at 3.07% for CCCS. The simple moving average for the last 20 days is 11.29% for CCCS stock, with a simple moving average of 13.57% for the last 200 days.
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 14.35% 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 able to rebound, for now settling with 0.47% of gains for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares surge +16.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.64% upper at present.
During the last 5 trading sessions, CCCS rose by +9.73%, which changed the moving average for the period of 200-days by +13.24% in comparison to the 20-day moving average, which settled at $11.45. In addition, CCC Intelligent Solutions Holdings Inc saw 11.85% 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 PRIGGE MARY JO, who proposed sale 19,276 shares at the price of $12.67 back on Nov 25 ’24. After this action, PRIGGE MARY JO now owns shares of CCC Intelligent Solutions Holdings Inc, valued at $244,245 using the latest closing price.
PRIGGE MARY JO, the of CCC Intelligent Solutions Holdings Inc, sale 97,511 shares at $12.01 during a trade that took place back on Nov 20 ’24, which means that PRIGGE MARY JO is holding 97,268 shares at $1,171,517 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 9.18. 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
To wrap up, the performance of CCC Intelligent Solutions Holdings Inc (CCCS) has been better in recent times. The stock has received a bullish of “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.