CI&T (NYSE:CINT) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of CI&T (NYSE:CINT) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

Other equities analysts have also issued reports about the stock. Zacks Research upgraded shares of CI&T from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Canaccord Genuity Group lowered their target price on shares of CI&T from $8.00 to $6.00 and set a “buy” rating for the company in a report on Thursday. Weiss Ratings reiterated a “hold (c-)” rating on shares of CI&T in a research note on Thursday, October 30th. UBS Group reduced their price target on shares of CI&T from $8.00 to $6.80 and set a “neutral” rating for the company in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on CI&T from $8.00 to $7.00 and set an “overweight” rating on the stock in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $7.47.

CI&T Trading Down 4.0%

NYSE CINT opened at $4.40 on Friday. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.29. CI&T has a 52 week low of $3.98 and a 52 week high of $8.00. The stock has a market capitalization of $591.93 million, a PE ratio of 16.28 and a beta of 1.14. The firm has a 50 day moving average of $4.84 and a two-hundred day moving average of $5.42.

CI&T (NYSE:CINT) last issued its earnings results on Wednesday, November 12th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). CI&T had a return on equity of 12.58% and a net margin of 7.83%. CI&T has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts expect that CI&T will post 0.2 EPS for the current fiscal year.

Hedge Funds Weigh In On CI&T

Institutional investors have recently bought and sold shares of the company. Aberdeen Group plc acquired a new stake in shares of CI&T in the 1st quarter worth $1,681,000. Hsbc Holdings PLC acquired a new position in shares of CI&T during the first quarter worth about $62,000. Walleye Capital LLC purchased a new position in CI&T during the first quarter worth about $103,000. Cubist Systematic Strategies LLC lifted its position in CI&T by 93.8% in the first quarter. Cubist Systematic Strategies LLC now owns 36,356 shares of the company’s stock valued at $217,000 after purchasing an additional 17,601 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in CI&T by 551.2% in the first quarter. Goldman Sachs Group Inc. now owns 74,061 shares of the company’s stock valued at $442,000 after purchasing an additional 62,688 shares during the period. 92.45% of the stock is 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.