Cannae (NYSE:CNNE – Get Free Report) will likely be announcing its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.42) per share and revenue of $105.90 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Cannae Stock Performance
Shares of CNNE stock opened at $19.80 on Tuesday. The business’s 50-day moving average price is $19.64 and its 200-day moving average price is $19.68. Cannae has a 12 month low of $16.94 and a 12 month high of $22.99. The firm has a market capitalization of $1.24 billion, a price-to-earnings ratio of -4.12 and a beta of 0.86. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 0.10.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada lifted their price objective on Cannae from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th.
About Cannae
Cannae Holdings, Inc is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc was founded in 2014 and is based in Las Vegas, Nevada.
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