CCC Intelligent Solutions Holdings Inc [CCCS] Stock trading around $10.26 per share: What’s Next?

CCC Intelligent Solutions Holdings Inc [NASDAQ: CCCS] closed the trading session at $10.26.

The stocks have a year to date performance of -9.92 percent and weekly performance of -6.98 percent. The stock has been moved at -7.65 percent over the last six months. The stock has performed -7.57 percent around the most recent 30 days and changed -8.56 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 4.37M shares, CCCS reached to a volume of 15252531 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about CCC Intelligent Solutions Holdings Inc [CCCS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CCCS shares is $13.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CCCS stock is a recommendation set at 1.54. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for CCC Intelligent Solutions Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 13, 2023. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on December 12, 2023, representing the official price target for CCC Intelligent Solutions Holdings Inc stock. Previously, the target price had yet another raise to $14, while Stifel analysts kept a Buy rating on CCCS stock.

The Average True Range (ATR) for CCC Intelligent Solutions Holdings Inc is set at 0.26, with the Price to Sales ratio for CCCS stock in the period of the last 12 months amounting to 7.01. The Price to Book ratio for the last quarter was 3.37, with the Price to Cash per share for the same quarter was set at 0.38. Price to Free Cash Flow for CCCS in the course of the last twelve months was 32.34 with Quick ratio for the last quarter at 2.66.

CCCS stock trade performance evaluation

CCC Intelligent Solutions Holdings Inc [CCCS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.98. With this latest performance, CCCS shares dropped by -7.57% in over the last four-week period, additionally sinking by -7.65% over the last 6 months – not to mention a drop of -6.90% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CCCS stock in for the last two-week period is set at 23.17, with the RSI for the last a single of trading hit 15.96, and the three-weeks RSI is set at 29.15 for CCC Intelligent Solutions Holdings Inc [CCCS]. The present Moving Average for the last 50 days of trading for this stock 11.32, while it was recorded at 10.89 for the last single week of trading, and 11.39 for the last 200 days.

CCC Intelligent Solutions Holdings Inc [CCCS]: An insightful look at the core fundamentals

CCC Intelligent Solutions Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.66 and a Current Ratio set at 2.66.

Earnings per share (EPS) analysis for CCC Intelligent Solutions Holdings Inc [CCCS] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CCCS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for CCC Intelligent Solutions Holdings Inc go to 13.30%.

CCC Intelligent Solutions Holdings Inc [CCCS]: Institutional Ownership

The top three institutional holders of CCCS stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CCCS stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CCCS stock with ownership which is approximately 5.1238%.