CCC Intelligent Solutions updated its first quarter 2023 earnings guidance on Wednesday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $202.00 million-$204.00 million, compared to the consensus revenue estimate of $200.84 million.
The consensus among Wall Street research analysts is that investors should "buy" CCC shares. 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CCC Intelligent Solutions in the last twelve months. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CCCS shares.
Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade. In a report released today, Arvind Ramnani from Piper Sandler maintained a Hold rating on CCC Intelligent Solutions Holdings (CCCS - Research Report), with a price target of $9.80. Stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange . Companies can be purchased through major U.S. brokerages in the form of American Depository Receipts , which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Computacenter's stock was trading at GBX 1,911 on January 1st, 2023.
CCCS Stock Price Chart Interactive Chart >
Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. Payout ratios above 75% are not desirable because they may not be sustainable. Computacenter does not have a long track record of dividend growth. Computacenter has only been the subject of 2 research reports in the past 90 days. CCCS underperformed the US Software industry which returned 1.3% over the past year.
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CCC Intelligent Solutions' stock was trading at $8.70 at the start of the year. Since then, CCCS shares have decreased by 0.2% and is now trading at $8.68. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view.
CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. CCC Intelligent Solutions Holdings Inc. was founded in 1980 and is headquartered in Chicago, Illinois. Its cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, AI-enabled digital workflows.
How expensive is CCCS?
Revenue for the quarter came in at $204.1 million versus the consensus... Below are the latest news stories about CCC INTELLIGENT SOLUTIONS HOLDINGS INC that investors may wish to consider to help them evaluate CCCS as an investment opportunity. CCCS's price/sales ratio has moved up 5.6 over the prior 33 months. CCCS scores best on the Stability dimension, with a Stability rank ahead of 67.46% of US stocks.
- Our calculations are based on comprehensive, delayed quotes.
- The monthly returns are then compounded to arrive at the annual return.
- The company founded in 1980 and is headquartered in Chicago, IL.
- Insiders that own company stock include Eric Wei, John Page Goodson, Mary Jo Prigge and William Ingram.
- Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade.
CCC Intelligent Solutions Holdings Inc. provides cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. The company was founded in 1980 and is headquartered in Chicago, Illinois. CCC Intelligent Solutions Holdings, Inc. is a provider of innovative cloud, mobile, telematics, hyperscale technologies, and applications for the property and casualty (“P&C”) insurance economy.
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CCC Intelligent Solutions Holdings Inc. delivered earnings and revenue surprises of 0% and 1.32%, respectively, for the quarter ended December 2022. Bloomberg Technology The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. One share of CCC stock can currently be purchased for approximately GBX 2,296. Sign-up to receive the latest news and ratings for Computacenter and its competitors with MarketBeat's FREE daily newsletter.
CCC Intelligent Solutions has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings. A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. The volatility of CCC INTELLIGENT SOLUTIONS HOLDINGS INC's share price is greater than that of merely 1.67% US stocks with at least 200 days of trading history.
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
CHICAGO----CCC Intelligent Solutions , a leading SaaS platform powering the P&C insurance economy, today announces the introduction of enhancements to CCC® Diagnostics, a transform... CHICAGO----CCC Intelligent Solutions Inc. , a leading SaaS platform for the P&C insurance economy, introduces the CCC® First Party Claim Portal, a new digital capability to strea... CHICAGO----CCC Intelligent Solutions Inc. , a leading SaaS platform for the P&C insurance economy, announces today Susanna Gotsch, Sr.
CCC Intelligent Solutions downgraded to underweight from neutral at JPMorgan, with $12 price target
CCC Intelligent Solutions Holdings Inc share price live 8.76, this page displays NASDAQ CCCS stock exchange data. View the CCCS premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the CCC Intelligent Solutions Holdings Inc real time stock price chart below.
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the CCCS quote. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
- Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.
- This suggests a possible upside of 33.9% from the stock's current price.
- High-growth stocks tend to represent the technology, healthcare, and communications sectors.
- CCC Intelligent Solutions Holdings Inc. reported Q4 EPS of $0.07, in-line with the analyst estimate of $0.07.
- Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company's dividend expressed as a percentage of its current stock price.
A high percentage of insider aggregate demand can be a sign of company health. Computacenter pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends. One share of CCCS stock can currently be purchased for approximately $8.68.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. According to 8 analysts, the average rating for CCCS stock is "Buy." The 12-month stock price forecast is $11.63, which is an increase of 32.91% from the latest price.
Earnings & Revenue
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The scores are based on the trading styles of Value, Growth, and Momentum.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
Based on an average daily volume of 762,200 shares, the short-interest ratio is presently 6.5 days. Currently, 3.9% of the shares of the company are sold short. CHICAGO, March 28, CCC Intelligent Solutions Inc. , a leading cloud platform for the P&C insurance economy, announces today it has been recognized by Business Intelligence with two Artificial Intelligence Excellence Awards. The 2023 AI Excellence Awards recognize organizations, products, and people applying AI to solve real business challenges. CHICAGO----CCC Intelligent Solutions , a leading SaaS platform powering the P&C insurance economy, today announces an enhancement to its Carwise.com collision repair services web...
High institutional ownership can be a signal of strong market trust in this company. 96.40% of the stock of CCC Intelligent Solutions is held by institutions. CCC Intelligent Solutions Holdings Inc. reported Q2 EPS of $0.06, $0.01 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $192.8 million versus the... CCC Intelligent Solutions Holdings Inc. reported Q4 EPS of $0.07, in-line with the analyst estimate of $0.07.
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