Clearwater Analytics (CWAN) Stock Price, News & Analysis

Company Overview

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally. It offers investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions. The company's Clearwater Prism SaaS-based data and reporting platform for investment data delivers a range of product modules, including Prism reporting and statements, Prism connectors, Prism data ops, and Prism managed services. It also provides Clearwater JUMP that provides a modular front, middle and back office solution to investment managers, private banks, and insurer, as well as portfolio management and order management, unit-linked funds, tri-partite templates, and full trade life cycle solutions. In addition, the company offers Clearwater LPx, a full-service solution for private funds that delivers complete, timely, accurate, and consumable data for limited partnerships; and Clearwater MLx, a comprehensive mortgage loan investment solution that provides investors to drive growth and make informed decisions, oversight, and reporting capabilities for mortgage loan investments, as well as enhances risk reporting, servicer tracking, oversight, and accounting capabilities. The company was founded in 2004 and is headquartered in Boise, Idaho.

Key Stats

• Today's Range: $31.48 to $32.00
• 50-Day Range: $24.01 to $32.77
• 52-Week Range: $15.62 to $35.71
• Volume: 1.75 million shs
• Average Volume: 1.60 million shs
• Market Capitalization: $7.88 billion
• P/E Ratio: 3,194.19
• Dividend Yield: N/A
• Price Target: $31.11
• Consensus Rating: Hold

Clearwater Analytics Stock Analysis - MarketRank™

Clearwater Analytics scored higher than 52% of companies evaluated by MarketBeat, and ranked 390th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Clearwater Analytics has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 5 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Clearwater Analytics has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 35.71%

Earnings Growth

Earnings for Clearwater Analytics are expected to grow by 35.71% in the coming year, from $0.14 to $0.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Clearwater Analytics is 3,194.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Clearwater Analytics is 3,194.19, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 249.93.

Price to Earnings Growth Ratio

Clearwater Analytics has a PEG Ratio of 11.01. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Clearwater Analytics has a P/B Ratio of 17.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.53% of the float of Clearwater Analytics has been sold short.

Short Interest Ratio / Days to Cover

Clearwater Analytics has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Clearwater Analytics has recently decreased by 7.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Clearwater Analytics does not currently pay a dividend.

Dividend Growth

Clearwater Analytics does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.53% of the float of Clearwater Analytics has been sold short.

Short Interest Ratio / Days to Cover

Clearwater Analytics has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Clearwater Analytics has recently decreased by 7.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.77

News Sentiment

Clearwater Analytics has a news sentiment score of 0.77. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Clearwater Analytics this week, compared to 5 articles on an average week.

Search Interest

Only 2 people have searched for CWAN on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

4 people have added Clearwater Analytics to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Clearwater Analytics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,971,367.00 in company stock.

Percentage Held by Insiders

Only 3.25% of the stock of Clearwater Analytics is held by insiders.

Percentage Held by Institutions

50.10% of the stock of Clearwater Analytics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CWAN Stock Analysis - Frequently Asked Questions

How have CWAN shares performed this year?

Clearwater Analytics' stock was trading at $20.03 at the beginning of 2024. Since then, CWAN shares have increased by 59.3% and is now trading at $31.91.
View the best growth stocks for 2024 here.

How were Clearwater Analytics' earnings last quarter?

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) released its quarterly earnings results on Wednesday, July, 31st. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.00. Clearwater Analytics's revenue was up 18.8% compared to the same quarter last year.

When did Clearwater Analytics IPO?

Clearwater Analytics (CWAN) raised $450 million in an initial public offering (IPO) on Friday, September 24th 2021. The company issued 30,000,000 shares at $14.00-$16.00 per share.

Who are Clearwater Analytics' major shareholders?

Top institutional shareholders of Clearwater Analytics include Wasatch Advisors LP (7.36%), Conestoga Capital Advisors LLC (2.76%), Bamco Inc. NY (2.16%) and State Street Corp (1.47%). Insiders that own company stock include Durable Capital Partners Lp, Sandeep Sahai, James S Cox, James Douglas Price, Subi Sethi, Joseph Morris Kochansky, Gayatri Raman, Souvik Das, Scott Stanley Erickson, Susan Muriel Ganeshan, Susan Muriel Ganeshan, Alphonse Valbrune, Galibier Purchaser, Llc, Warburg Pincus Llc and Xii Carbon Analytics Acqu Wcas.
View institutional ownership trends.

How do I buy shares of Clearwater Analytics?

Shares of CWAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Clearwater Analytics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Clearwater Analytics investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 7/31/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:CWAN
• CUSIP: N/A
• CIK: 1866368
• Web: www.clearwater-analytics.com
• Phone: 208-918-2400
• Fax: N/A
• Employees: 1,756
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $31.11
• High Stock Price Target: $36.00
• Low Stock Price Target: $22.00
• Potential Upside/Downside: -2.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.01
• Trailing P/E Ratio: 3,194.19
• Forward P/E Ratio: 227.93
• P/E Growth: 11.01
• Net Income: $-21,630,000.00
• Net Margins: 0.21%
• Pretax Margin: 0.88%
• Return on Equity: 5.68%
• Return on Assets: 4.17%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 4.66
• Quick Ratio: 4.66

Sales & Book Value

• Annual Sales: $368.17 million
• Price / Sales: 21.41
• Cash Flow: $0.11 per share
• Price / Cash Flow: 295.05
• Book Value: $1.84 per share
• Price / Book: 17.34

Miscellaneous

• Outstanding Shares: 247,020,000
• Free Float: 238,996,000
• Market Cap: $7.88 billion
• Optionable: Optionable
• Beta: 0.61