CCC Intelligent Solutions (CCCS) Stock Price, News & Analysis

Company Overview

CCC Intelligent Solutions Holdings Inc., operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more. It offers CCC insurance solutions, including CCC workflow, CCC estimating, CCC total loss, CCC casualty, CCC subrogation, and CCC claim handling; CCC repair solutions, such as CCC network management, CCC repair workflow, and CCC repair quality; CCC other ecosystem solutions, which includes CCC parts solutions, CCC automotive manufacturer solutions, CCC diagnostics service provider solutions, and CCC payments; and CCC international solutions. The company was founded in 1980 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $11.99 to $12.30
• 50-Day Range: $10.41 to $12.75
• 52-Week Range: $9.79 to $12.88
• Volume: 7.19 million shs
• Average Volume: 3.44 million shs
• Market Capitalization: $7.54 billion
• P/E Ratio: 602.80
• Dividend Yield: N/A
• Price Target: $13.89
• Consensus Rating: Moderate Buy

CCC Intelligent Solutions Stock Analysis - MarketRank™

CCC Intelligent Solutions scored higher than 70% of companies evaluated by MarketBeat, and ranked 402nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

CCC Intelligent Solutions has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

CCC Intelligent Solutions has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 47.06%

Earnings Growth

Earnings for CCC Intelligent Solutions are expected to grow by 47.06% in the coming year, from $0.17 to $0.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CCC Intelligent Solutions is 602.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of CCC Intelligent Solutions is 602.80, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.75.

Price to Earnings Growth Ratio

CCC Intelligent Solutions has a PEG Ratio of 6.80. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

CCC Intelligent Solutions has a P/B Ratio of 4.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CCCS.

Dividend

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

Dividend Yield

CCC Intelligent Solutions does not currently pay a dividend.

Dividend Growth

CCC Intelligent Solutions does not have a long track record of dividend growth.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for CCCS.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.41

News Sentiment

CCC Intelligent Solutions has a news sentiment score of 1.41. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for CCC Intelligent Solutions this week, compared to 5 articles on an average week.

MarketBeat Follows

7 people have added CCC Intelligent Solutions to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, CCC Intelligent Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,390,863.00 in company stock.

Percentage Held by Insiders

Only 6.67% of the stock of CCC Intelligent Solutions is held by insiders.

Percentage Held by Institutions

95.79% of the stock of CCC Intelligent Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCCS Stock Analysis - Frequently Asked Questions

How have CCCS shares performed this year?

CCC Intelligent Solutions' stock was trading at $11.39 at the start of the year. Since then, CCCS stock has increased by 5.8% and is now trading at $12.05.
View the best growth stocks for 2024 here.

How were CCC Intelligent Solutions' earnings last quarter?

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) issued its quarterly earnings results on Monday, October, 28th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The firm's revenue was up 7.8% compared to the same quarter last year.

Is CCC Intelligent Solutions doing a stock buyback?

CCC Intelligent Solutions' board initiated a share buyback program on Friday, December 20th 2024, which permits the company to repurchase $300,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Who are CCC Intelligent Solutions' major shareholders?

Top institutional shareholders of CCC Intelligent Solutions include Principal Financial Group Inc. (4.23%), Wasatch Advisors LP (2.29%), Janus Henderson Group PLC (2.01%) and Conestoga Capital Advisors LLC (1.53%). Insiders that own company stock include Eric Wei, Githesh Ramamurthy, Lauren Young, International LP Advent, Brian Herb, Marc Fredman, Mary Jo Prigge, John Page Goodson, Eileen Schloss, Michael John Silva, Rodney Christo and William Ingram.
View institutional ownership trends.

How do I buy shares of CCC Intelligent Solutions?

Shares of CCCS 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 CCC Intelligent Solutions own?

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

Company Calendar

• Last Earnings: 10/28/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:CCCS
• CUSIP: N/A
• CIK: 1818201
• Web: www.dragoneergrowth.com
• Phone: 800-621-8070
• Fax: N/A
• Employees: 2,325
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $13.89
• High Stock Price Target: $15.00
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +15.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.02
• Trailing P/E Ratio: 602.80
• Forward P/E Ratio: 70.88
• P/E Growth: 6.8
• Net Income: $-92,480,000.00
• Net Margins: 5.02%
• Pretax Margin: 7.23%
• Return on Equity: 5.35%
• Return on Assets: 3.23%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 3.19
• Quick Ratio: 3.19

Sales & Book Value

• Annual Sales: $926.94 million
• Price / Sales: 8.13
• Cash Flow: $0.49 per share
• Price / Cash Flow: 24.39
• Book Value: $2.96 per share
• Price / Book: 4.07

Miscellaneous

• Outstanding Shares: 625,502,000
• Free Float: 583,781,000
• Market Cap: $7.54 billion
• Optionable: Optionable
• Beta: 0.71