CI&T Inc. (NYSE:CINT) Receives $7.80 Average PT from Brokerages

Shares of CI&T Inc. (NYSE:CINT) have been given an average recommendation of “Buy” by the nine ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $7.80.

A number of equities analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of CI&T in a report on Thursday, October 30th. Wall Street Zen upgraded CI&T from a “hold” rating to a “buy” rating in a research report on Saturday, August 16th. Zacks Research raised CI&T from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 20th. Canaccord Genuity Group restated a “buy” rating and set a $8.00 price objective on shares of CI&T in a research note on Thursday, October 16th. Finally, UBS Group decreased their price objective on shares of CI&T from $8.00 to $6.80 and set a “neutral” rating for the company in a report on Tuesday, July 22nd.

CI&T Stock Up 0.2%

CINT stock opened at $4.55 on Monday. The stock has a market cap of $612.93 million, a PE ratio of 18.96 and a beta of 1.14. The firm’s 50-day simple moving average is $4.87 and its 200 day simple moving average is $5.43. CI&T has a fifty-two week low of $3.98 and a fifty-two week high of $8.00. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.29.

CI&T (NYSE:CINT) last posted its earnings results on Wednesday, November 12th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.01). CI&T had a return on equity of 11.34% and a net margin of 7.27%. CI&T has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts predict that CI&T will post 0.2 EPS for the current year.

Hedge Funds Weigh In On CI&T

Hedge funds have recently modified their holdings of the company. Wedbush Securities Inc. acquired a new stake in shares of CI&T in the third quarter valued at $58,000. Hsbc Holdings PLC bought a new stake in CI&T in the first quarter worth about $62,000. Russell Investments Group Ltd. lifted its holdings in CI&T by 176.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company’s stock valued at $67,000 after acquiring an additional 7,456 shares during the last quarter. Walleye Capital LLC acquired a new stake in CI&T in the 1st quarter valued at about $103,000. Finally, Nipun Capital L.P. bought a new position in shares of CI&T during the 2nd quarter valued at about $111,000. 92.45% of the stock is currently owned by institutional investors and hedge funds.

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.