CCC Intelligent Solutions Holdings Inc (CCCS) saw an uptrend of 12066699% in the recent trading with $8620000.0 being its most recent. The current price level -27.48% lower than the highest price of $12.88 marked by the stock while trading over the past 52-weeks, whereas it is 14.74% higher than the lowest price of $8.14 the company dropped to over past 52-weeks. The latest news story on CCCS appeared in (Business Wire) under the title “CCC Intelligent Solutions Launches Pay Management Tool for Collision Repair Industry” on Today.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.57 for the stock.
CCC Intelligent Solutions Holdings Inc Earnings – What Happened With CCCS
Coming around sales and income figures on CCCS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
CCC Intelligent Solutions Holdings Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 658.64 million. CCCS does have institutional investors; and they hold 82.01% of the stock.
As on 2024-06-30, ADVENT INTERNATIONAL CORP/MA was the top most holder in CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) with an ownership of 139.34 million shares of the company or 22.8431 of the stake worth $1.55 billion. The filing also reveals T. ROWE PRICE INVESTMENT MANAGEMENT, INC. as the second largest holder in the company with a control over 9.1703 of the outstanding shares. Its stake is worth $621.48 million for having 55.94 million shares in hand.
VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 7.4679 of the outstanding shares. With this there are now 447.0 institutions which have possession in CCCS’s shares.
Key Metrics forCCCS
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, CCC Intelligent Solutions Holdings Inc has a debt to equity ratio of 0.49.
