CI&T Inc. (NYSE:CINT) Given Consensus Recommendation of “Buy” by Brokerages

Shares of CI&T Inc. (NYSE:CINT) have been given a consensus rating of “Buy” by the nine analysts that are covering the stock, MarketBeat 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 12-month target price among brokerages that have issued a report on the stock in the last year is $7.4667.

A number of research firms recently commented on CINT. Zacks Research raised shares of CI&T from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Wall Street Zen cut CI&T from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group reduced their target price on CI&T from $8.00 to $6.80 and set a “neutral” rating on the stock in a research report on Tuesday, July 22nd. Canaccord Genuity Group lowered their price target on CI&T from $8.00 to $6.00 and set a “buy” rating for the company in a report on Thursday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of CI&T in a research note on Thursday, October 30th.

Institutional Trading of CI&T

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new stake in CI&T in the third quarter valued at approximately $56,000. Wedbush Securities Inc. purchased a new position in CI&T during the 3rd quarter worth approximately $58,000. Hsbc Holdings PLC acquired a new stake in CI&T during the 1st quarter valued at approximately $62,000. Russell Investments Group Ltd. boosted its holdings 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 acquiring an additional 7,456 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of CI&T in the first quarter worth $103,000. Institutional investors and hedge funds own 92.45% of the company’s stock.

CI&T Trading Down 4.0%

Shares of NYSE:CINT opened at $4.40 on Monday. The company has a market capitalization of $591.92 million, a PE ratio of 16.28 and a beta of 1.14. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.23. CI&T has a 12-month low of $3.98 and a 12-month high of $8.00. The business’s fifty day simple moving average is $4.84 and its 200-day simple moving average is $5.41.

CI&T (NYSE:CINT) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01). CI&T had a net margin of 7.83% and a return on equity of 12.42%. CI&T has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts predict that CI&T will post 0.2 earnings per share for the current fiscal year.

About CI&T

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.