CI&T (CINT) to Release Earnings on Wednesday

CI&T (NYSE:CINT) is anticipated to release its earnings data after the market closes on Wednesday, March 12th. Analysts expect CI&T to post earnings of $0.44 per share and revenue of $646.68 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

CI&T Price Performance

NYSE:CINT opened at $6.79 on Tuesday. The firm has a market capitalization of $912.52 million, a price-to-earnings ratio of 52.23 and a beta of 1.18. The business has a 50 day simple moving average of $6.78 and a 200-day simple moving average of $6.78. CI&T has a 1 year low of $3.34 and a 1 year high of $8.04. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.58 and a quick ratio of 1.58.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. UBS Group boosted their price objective 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. TD Cowen initiated coverage on CI&T in a research note on Friday, December 6th. They issued a “buy” rating and a $9.00 target price on the stock. Canaccord Genuity Group upped their price target on CI&T from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Finally, Wedbush set a $9.00 target price on shares of CI&T in a research note on Monday, February 3rd. Four investment 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $8.37.

CI&T Company Profile

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.