Evaluating Thoughtworks Holding: Insights From 5 Financial Analysts

Loading...
Loading...

Throughout the last three months, 5 analysts have evaluated Thoughtworks Holding TWKS, offering a diverse set of opinions 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.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 1 4 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 1 0 0
2M Ago 0 0 1 0 0
3M Ago 0 0 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $3.93, a high estimate of $6.00, and a low estimate of $2.50. Highlighting a 17.26% decrease, the current average has fallen from the previous average price target of $4.75.

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of Thoughtworks Holding among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
David Koning Baird Raises Outperform $6.00 $5.00
Ashwin Shirvaikar Citigroup Lowers Neutral $2.50 $2.75
Ashwin Shirvaikar Citigroup Lowers Neutral $2.75 $5.00
Daniel Perlin RBC Capital Lowers Sector Perform $5.00 $6.00
Arvind Ramnani Piper Sandler Lowers Neutral $3.40 $5.00

Key Insights:

Loading...
Loading...
  • 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 Thoughtworks Holding. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Thoughtworks Holding compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Thoughtworks Holding's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Thoughtworks Holding's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Thoughtworks Holding analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Get to Know Thoughtworks Holding Better

Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design, and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.

Financial Milestones: Thoughtworks Holding's Journey

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: Thoughtworks Holding's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -18.78%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Thoughtworks Holding's net margin is impressive, surpassing industry averages. With a net margin of -8.89%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -2.89%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Thoughtworks Holding's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -1.7%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Thoughtworks Holding's debt-to-equity ratio is below the industry average. With a ratio of 0.44, 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

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...