CI&T Inc. (NYSE:CINT - Get Free Report) has earned an average rating of "Moderate Buy" from the nine research firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $7.92.
CINT has been the subject of several research analyst reports. Canaccord Genuity Group upped their target price on shares of CI&T from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Monday, November 18th. UBS Group upped their target price on shares of CI&T from $7.50 to $8.00 and gave the company a "neutral" rating in a research note on Thursday, December 12th. TD Cowen began coverage on shares of CI&T in a report on Friday, December 6th. They issued a "buy" rating and a $9.00 price target on the stock. Finally, Wedbush raised shares of CI&T to a "strong-buy" rating in a report on Monday, February 3rd.
View Our Latest Analysis on CINT
Institutional Investors Weigh In On CI&T
Several large investors have recently made changes to their positions in CINT. State Street Corp grew its holdings in CI&T by 28.8% during the 3rd quarter. State Street Corp now owns 67,380 shares of the company's stock worth $458,000 after acquiring an additional 15,083 shares during the last quarter. GSA Capital Partners LLP grew its holdings in CI&T by 12.5% during the 3rd quarter. GSA Capital Partners LLP now owns 27,010 shares of the company's stock worth $183,000 after acquiring an additional 2,995 shares during the last quarter. WCM Investment Management LLC grew its holdings in CI&T by 3.2% during the 4th quarter. WCM Investment Management LLC now owns 1,448,203 shares of the company's stock worth $8,747,000 after acquiring an additional 45,574 shares during the last quarter. Virtu Financial LLC bought a new stake in CI&T during the 3rd quarter worth about $108,000. Finally, Verde Servicos Internacionais S.A. bought a new stake in CI&T during the 4th quarter worth about $152,000. Institutional investors own 92.45% of the company's stock.
CI&T Stock Performance
NYSE:CINT traded down $0.05 during trading hours on Friday, hitting $7.49. 123,439 shares of the company traded hands, compared to its average volume of 99,109. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 57.58 and a beta of 1.19. CI&T has a twelve month low of $3.34 and a twelve month high of $8.04. The firm has a 50-day moving average of $6.49 and a 200 day moving average of $6.68. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39.
About CI&T
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Get Free ReportCI&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.
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