CI&T (NYSE:CINT) Announces Quarterly Earnings Results, Misses Expectations By $0.36 EPS

CI&T (NYSE:CINTGet Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.36), Zacks reports. CI&T had a return on equity of 9.55% and a net margin of 4.39%. CI&T updated its Q1 2025 guidance to EPS.

CI&T Price Performance

Shares of NYSE:CINT opened at $6.58 on Thursday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $6.80 and its two-hundred day simple moving average is $6.77. CI&T has a 1-year low of $3.34 and a 1-year high of $8.04. The stock has a market cap of $884.43 million, a PE ratio of 50.62 and a beta of 1.18.

Analyst Ratings Changes

CINT has been the subject of a number of research reports. Canaccord Genuity Group increased their target price on shares of CI&T from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Wedbush set a $9.00 target price on shares of CI&T in a research report on Monday, February 3rd. UBS Group increased their target price on shares of CI&T from $7.50 to $8.00 and gave the company a “neutral” rating in a research report on Thursday, December 12th. Finally, TD Cowen began coverage on shares of CI&T in a research report on Friday, December 6th. They set a “buy” rating and a $9.00 target price for the company. Four investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $8.37.

Check Out Our Latest Analysis on CI&T

About CI&T

(Get Free Report)

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.

See Also

Earnings History for CI&T (NYSE:CINT)

Receive News & Ratings for CI&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CI&T and related companies with MarketBeat.com's FREE daily email newsletter.