While Clearwater Analytics Holdings Inc has overperformed by 0.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CWAN rose by 43.97%, with highs and lows ranging from $35.71 to $15.62, whereas the simple moving average jumped by 45.10% in the last 200 days.
On November 08, 2024, DA Davidson Downgraded Clearwater Analytics Holdings Inc (NYSE: CWAN) to Neutral. A report published by JP Morgan on November 07, 2024, Upgraded its rating to ‘Overweight’ for CWAN. Citigroup also rated CWAN shares as ‘Buy’, setting a target price of $28 on the company’s shares in an initiating report dated August 19, 2024. JP Morgan February 29, 2024d its ‘Overweight’ rating to ‘Neutral’ for CWAN, as published in its report on February 29, 2024. UBS’s report from November 07, 2023 suggests a price prediction of $24 for CWAN shares, giving the stock a ‘Buy’ rating. Loop Capital also rated the stock as ‘Buy’.
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
Analysis of Clearwater Analytics Holdings Inc (CWAN)
Further, the quarter-over-quarter increase in sales is 22.36%, showing a positive trend in the upcoming months.
One of the most important indicators of Clearwater Analytics Holdings Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 0.25% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.61, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CWAN is recording 1.58M average volume. On a monthly basis, the volatility of the stock is set at 3.20%, whereas on a weekly basis, it is put at 4.40%, with a loss of -7.14% over the past seven days. Furthermore, long-term investors anticipate a median target price of $31.64, showing growth from the present price of $30.45, which can serve as yet another indication of whether CWAN is worth investing in or should be passed over.
How Do You Analyze Clearwater Analytics Holdings Inc Shares?
The Software – Application market is dominated by Clearwater Analytics Holdings Inc (CWAN) based in the USA. When comparing Clearwater Analytics Holdings Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 38062.50, there is a growth in quarterly earnings of 267.02%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 31.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 80.26% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CWAN shares are owned by institutional investors to the tune of 80.26% at present.
