Evaluating CCC Intelligent Solutions: Insights From 4 Financial Analysts

During the last three months, 4 analysts shared their evaluations of CCC Intelligent Solutions CCCS, revealing diverse outlooks from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $13.5, a high estimate of $14.00, and a low estimate of $13.00. This current average reflects an increase of 3.85% from the previous average price target of $13.00.

Analyzing Analyst Ratings: A Detailed Breakdown

In examining recent analyst actions, we gain insights into how financial experts perceive CCC Intelligent Solutions. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to CCC Intelligent Solutions. This offers insight into analysts' perspectives on the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of CCC Intelligent Solutions compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of CCC Intelligent Solutions's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of CCC Intelligent Solutions's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on CCC Intelligent Solutions analyst ratings.

Discovering CCC Intelligent Solutions: A Closer Look

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

Financial Insights: CCC Intelligent Solutions

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Growth: CCC Intelligent Solutions's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 11.28%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: CCC Intelligent Solutions's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -10.04%, the company may face hurdles in effective cost management.

Return on Equity (ROE): CCC Intelligent Solutions's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -1.09%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): CCC Intelligent Solutions's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.67%, the company may face hurdles in achieving optimal financial returns.

Debt Management: CCC Intelligent Solutions's debt-to-equity ratio is below the industry average. With a ratio of 0.41, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Core of Analyst Ratings: What Every Investor Should Know

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.