CI&T (NYSE:CINT) Posts Earnings Results, Misses Expectations By $0.36 EPS

CI&T (NYSE:CINT) announced its earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.36), Zacks reports. CI&T had a net margin of 4.39% and a return on equity of 9.55%. The business had revenue of $112.34 million during the quarter, compared to analyst estimates of $646.68 million. CI&T updated its Q1 2025 guidance to EPS.

CI&T Price Performance

Shares of CINT opened at $6.27 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 0.39. CI&T has a 1 year low of $3.34 and a 1 year high of $8.04. The stock has a market cap of $842.36 million, a P/E ratio of 48.21 and a beta of 1.18. The stock’s 50-day moving average price is $6.81 and its two-hundred day moving average price is $6.77.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on CINT shares. Wedbush set a $9.00 target price on CI&T in a research note on Monday, February 3rd. UBS Group lifted their price objective on CI&T from $7.50 to $8.00 and gave the stock a “neutral” rating in a research report on Thursday, December 12th. TD Cowen assumed coverage on CI&T in a research report on Friday, December 6th. They issued a “buy” rating and a $9.00 price objective for the company. Finally, Canaccord Genuity Group lifted their price objective on CI&T from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Four equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $8.37.

About CI&T

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.