CCC Intelligent Solutions logo

CCC Intelligent Solutions (NYSE: CCCS) research coverage began at Barclays

Funding Analysts Barclays Assumed protection of shares CCC Good Options (New York Stock Exchange: CCCSGet the rating) In a report launched on Friday, the fly reviews. The corporate assigned an “equal weight” ranking to the inventory.

Different inventory analysts have additionally launched analysis reviews in regards to the firm. Jefferies Monetary Group commenced protection of CCC Clever Options in a analysis report on Friday, July 8. They issued a “purchase” ranking and a $12.00 goal worth for the corporate. Piper Sandler commenced protection of shares of CCC Good Options in a analysis report on Monday, August eighth. They set a “impartial” ranking and a goal worth of $11.00 for the corporate. William Blair reaffirmed an “excellent” ranking on shares of CCC Clever Options in a analysis report on Friday, August fifth. Lastly, Goldman Sachs raised shares of CCC Clever Options from a “impartial” ranking to a “purchase” ranking and set a $12.00 goal worth for the corporate in a analysis report on Wednesday, July thirteenth. One analyst has rated the inventory with a promote ranking, two have given a maintain ranking and 4 have assigned a purchase ranking to the corporate. In response to knowledge from MarketBeat.com, the corporate at the moment has a mean ranking of “Maintain” and a mean worth goal of $11.83.

CCC Good Options Worth Efficiency

shares New York Stock Exchange: CCCS It opened at $8.55 on Friday. CCC Clever Options recorded a 52-week low of $7.41 and a 52-week excessive of $13.46. The corporate has a 50-day easy shifting common of $9.20 and a 200-day easy shifting common of $9.26. The corporate has a debt-to-equity ratio of 0.40, a fast ratio of two.46 and a buying and selling ratio of two.46. The corporate has a market capitalization of $5.30 billion, a price-earnings ratio of -21.37, a price-earnings ratio of 1.54 and a beta of 0.80.

CCC Good Options (New York Stock Exchange: CCCSGet the rating) final launched its earnings outcomes on Thursday, August 4th. The corporate reported earnings of $0.06 per share for the quarter, lacking analyst estimates of $0.08 ($0.02). CCC Clever Options had a damaging return on fairness of 0.45% and a damaging web margin of 29.61%. The corporate generated $192.79 million in income for the quarter, in comparison with analysts’ expectations of $189.80 million. On common, analysts count on CCC Clever Options to report 0.24 earnings per share for the present yr.

Shopping for and promoting insiders

In associated information, insider Mary Jo Brigg offered 5,954 shares of inventory in a transaction that occurred on Monday, October 10. The shares had been offered at a mean worth of $9.03, with a complete worth of $5,3764.62. The deal was disclosed in a doc filed with the Securities and Alternate Fee, which will be accessed by means of this link. In associated information, insider Mary Jo Brigg offered 5,954 shares of inventory in a transaction that occurred on Monday, October 10. The shares had been offered at a mean worth of $9.03, with a complete worth of $5,3764.62. The deal was disclosed in a doc filed with the Securities and Alternate Fee, which will be accessed by means of this link. Additionally, Director William Ingram offered 19,096 shares of inventory in a transaction that occurred on Monday, August eighth. The inventory offered at a mean worth of $9.88, for a complete of $188,668.48. Following the completion of the sale, the director now immediately owns 8,404 shares of the corporate’s inventory, valued at $83,031.52. Disclosure will be discovered on this sale over here. Prior to now 90 days, insiders have offered 251,041 shares of firm inventory valued at $2,433,527. 6.81% of the shares are owned by company insiders.

Institutional Buyers Weigh in CCC’s Good Options

A number of hedge funds and different institutional traders have not too long ago added or decreased their stakes in CCCS. Captrust Monetary Advisors bought a brand new place in CCC Clever Options within the second quarter valued at roughly $53,000. Quantbot Applied sciences LP boosted its stake in CCC Clever Options by 252.1% within the first quarter. Quantbot Applied sciences LP now owns 5,735 shares of the corporate’s inventory valued at $63,000 after buying a further 4,106 shares in the course of the interval. Royal Financial institution of Canada boosted its stake in CCC Clever Options by 277.6% within the first quarter. Royal Financial institution of Canada now owns 7,696 shares of the corporate’s inventory valued at $85,000 after buying a further 5,658 shares in the course of the interval. Panorama Capital Administration LLC bought a brand new place in CCC Clever Options within the second quarter valued at roughly $100,000. Lastly, SG Americas Securities LLC bought a brand new place in CCC Clever Options within the second quarter valued at roughly $113,000. 96.20% of the shares are owned by hedge funds and different institutional traders.

About CCC Good Options

(Get the rating)

CCC Clever Options Holdings Inc. offers cloud, cell, synthetic intelligence, high-scale applied sciences and functions for the property and casualty insurance coverage economic system. The SaaS platform digitizes mission-critical AI-powered workflows, facilitates commerce, and connects companies throughout the insurance coverage economic system, together with insurers, collision repairers, elements suppliers, auto producers, monetary establishments, and extra.

Learn extra

Fly . logo

CCC (NYSE: CCCS) Analyst Recommendations

This immediate information alert was created by narrative science expertise and MarketBeat monetary knowledge to offer readers with the quickest and most correct reporting. This story was reviewed by the Editorial Group at MarketBeat previous to publication. Please ship any questions or feedback about this story to [email protected]

Earlier than you even think about good CCC options, you may need to hear this.

MarketBeat tracks the top-rated and best-performing analysis analysts on Wall Road and the shares they suggest to their shoppers every day. Choose MarketBeat File five shares That prime analysts are quietly keen on their shoppers to purchase now earlier than the broader market positive factors… CCC Clever Options wasn’t on the record.

Whereas CCC Clever Options at the moment has a “reasonable purchase” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View the five stocks here

#CCC #Clever #Options #NYSE #CCCS #analysis #protection #started #Barclays

Leave a Comment

Your email address will not be published.