CI&T Inc. (NYSE:CINT) Receives $7.80 Consensus PT from Analysts

Shares of CI&T Inc. (NYSE:CINT) have earned an average rating of “Buy” from the nine analysts that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $7.80.

CINT has been the topic of several research reports. UBS Group decreased their price target on shares of CI&T from $8.00 to $6.80 and set a “neutral” rating on the stock in a research note on Tuesday, July 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of CI&T in a research note on Wednesday, October 8th. Zacks Research upgraded CI&T from a “hold” rating to a “strong-buy” rating in a report on Monday. Wall Street Zen raised CI&T from a “hold” rating to a “buy” rating in a report on Saturday, August 16th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $8.00 price objective on shares of CI&T in a research report on Thursday, October 16th.

CI&T Stock Up 3.4%

Shares of CINT opened at $4.76 on Thursday. The stock has a 50 day moving average price of $5.05 and a 200 day moving average price of $5.46. CI&T has a one year low of $3.98 and a one year high of $8.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.49 and a current ratio of 1.49. The stock has a market capitalization of $640.41 million, a price-to-earnings ratio of 19.81 and a beta of 1.15.

CI&T (NYSE:CINT) last announced its quarterly earnings data on Wednesday, August 13th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. CI&T had a return on equity of 11.34% and a net margin of 7.27%.The company had revenue of $116.32 million for the quarter, compared to analyst estimates of $659.84 million. CI&T has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts forecast that CI&T will post 0.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CI&T

A number of institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC acquired a new stake in CI&T in the 1st quarter valued at approximately $62,000. Russell Investments Group Ltd. increased its position in shares of CI&T by 176.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company’s stock valued at $67,000 after purchasing an additional 7,456 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of CI&T during the 1st quarter worth $103,000. Nipun Capital L.P. acquired a new position in shares of CI&T during the second quarter worth $111,000. Finally, Jane Street Group LLC acquired a new position in shares of CI&T during the first quarter worth $163,000. 92.45% of the stock is currently owned by institutional investors and hedge funds.

CI&T Company Profile

CI&T, Inc provides strategy, design and software engineering services to enable digital transformation. The firm’s solutions and services include Digital Strategy, Customer-Centric Design and Top-of-the-Line Software Engineering. The company was founded by Cesar Nivaldo Gon, Bruno Guiçardi Neto and Fernando Matt Borges Martins on June 7, 2021 and is headquartered in Sao Paulo, Brazil.