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Cerence (CRNC)
NASDAQ:CRNC
Cerence (CRNC) Stock Price & Analysis
836 Followers
CRNC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.82 - $32.42
Previous Close$28.4
Volume300.18K
Average Volume (3M)322.03K
Market Cap
$1.14B
Enterprise Value$1.33B
Total Cash (Recent Filing)$107.04M
Total Debt (Recent Filing)$294.14M
Price to Earnings (P/E)-3.1
Beta1.77
Next Earnings
Aug 08, 2023EPS Estimate
-$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-9.07
Shares Outstanding40,309,111
10 Day Avg. Volume404,044
30 Day Avg. Volume322,029
Standard Deviation0.22
R-Squared0.45
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-5.75
Price to Sales (P/S)16.74
Price to Cash Flow (P/CF)43.80
P/FCF Ratio25.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.45
Enterprise Value/Gross Profit5.77
Enterprise Value/Ebitda-6.79
Forecast
1Y Price Target
$32.00Price Target Upside10.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Cerence News
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Product Insights
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRNC FAQ
What was Cerence’s price range in the past 12 months?
Cerence lowest stock price was $12.82 and its highest was $32.42 in the past 12 months.
What is Cerence’s market cap?
Currently, no data Available
When is Cerence’s upcoming earnings report date?
Cerence’s upcoming earnings report date is Aug 08, 2023 which is in 62 days.
How were Cerence’s earnings last quarter?
Cerence released its earnings results on May 09, 2023. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.128 by $0.088.
Is Cerence overvalued?
According to Wall Street analysts Cerence’s price is currently Undervalued.
Does Cerence pay dividends?
Cerence does not currently pay dividends.
What is Cerence’s EPS estimate?
Cerence’s EPS estimate is -$0.14.
How many shares outstanding does Cerence have?
Cerence has 40,309,113 shares outstanding.
What happened to Cerence’s price movement after its last earnings report?
Cerence reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.128. Following the earnings report the stock price went down -12.617%.
Which hedge fund is a major shareholder of Cerence?
Among the largest hedge funds holding Cerence’s share is Vulcan Value Partners, Llc. It holds Cerence’s shares valued at 14M.
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Cerence Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$32.00 (10.08% Upside)
$32.00 (10.08% Upside)
Hedge Fund Trend
Decreased
By 402.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 10.3%
Last 30 Days ▲ 19.9%
Last 30 Days ▲ 19.9%
News Sentiment
Neutral
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.28%
12-Months-Change
Fundamentals
Return on Equity
-40.51%
Trailing 12-Months
Asset Growth
-21.56%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Cerence
Cerence, Inc. builds automotive cognitive assistance solutions to power natural and intuitive interactions between automobiles, drivers and passengers, and the broader digital world. It also engages in the sale of software licenses and cloud-connected services. The company was founded on February 14, 2019 and is headquartered in Burlington, MA.
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Top 5 ETFs holding CRNC
Vanguard Information Technology ETF
$6.31M
iShares Expanded Tech-Software Sector ETF
$3.53M
Fidelity MSCI Information Technology Index ETF
$2.53M
iShares Core S&P Total U.S. Stock Market ETF
$1.07M
Schwab U.S. Broad Market ETF
$613.31K
Up to five ETFs with an Outperform Smart Score that hold CRNC. The ETFs are listed according to market value of CRNC within the ETF
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