In the past week, CCCS stock has gone up by 3.39%, with a monthly decline of -2.53% and a quarterly surge of 4.51%. The volatility ratio for the week is 2.44%, and the volatility levels for the last 30 days are 2.08% for CCC Intelligent Solutions Holdings Inc The simple moving average for the past 20 days is 1.36% for CCCS’s stock, with a 3.04% simple moving average for the past 200 days.
Is It Worth Investing in CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) Right Now?
CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) has a higher price-to-earnings ratio of 155.44x compared to its average ratio. CCCS has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for CCCS is 440.94M, and currently, short sellers hold a 3.21% ratio of that float. The average trading volume of CCCS on January 27, 2025 was 3.36M shares.
CCCS) stock’s latest price update
The stock of CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) has increased by 1.94 when compared to last closing price of 11.36.Despite this, the company has seen a gain of 3.39% in its stock price over the last five trading days. businesswire.com reported 2025-01-06 that CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions Inc. (“CCC”), a leading cloud platform provider powering the P&C insurance economy and a subsidiary of CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) (“CCCS”), announced today that it has completed the previously announced acquisition of EvolutionIQ, Inc. (“EvolutionIQ”), the leading platform for AI-powered guidance for disability and injury claims management. “We are excited to officially welcome the EvolutionIQ team to the CCC fa.
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 previous 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 -2.63% 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 -10.09% of loss for the given period.
Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 2.44%, as shares sank -2.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.53% upper at present.
During the last 5 trading sessions, CCCS rose by +3.53%, which changed the moving average for the period of 200-days by -2.48% in comparison to the 20-day moving average, which settled at $11.43. In addition, CCC Intelligent Solutions Holdings Inc saw -1.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CCCS starting from De Crescenzo Neil E., who purchase 100,000 shares at the price of $12.16 back on Dec 20 ’24. After this action, De Crescenzo Neil E. now owns 100,000 shares of CCC Intelligent Solutions Holdings Inc, valued at $1,216,240 using the latest closing price.
Williams Teri, the Director of CCC Intelligent Solutions Holdings Inc, sale 20,000 shares at $12.22 during a trade that took place back on Dec 20 ’24, which means that Williams Teri is holding 54,135 shares at $244,358 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 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 0.43. 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 8.76. 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 put it simply, CCC Intelligent Solutions Holdings Inc (CCCS) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
