How have the shares performed?
C3.ai Inc. (AI) saw an uptrend of 7.87% in the recent trading with $57.44 being its most recent. The current price level -68.77% lower than the highest price of $183.90 marked by the stock while trading over the past 52-weeks, whereas it is 21.64% higher than the lowest price of $47.22 the company dropped to over past 52-weeks. The latest news story on AI appeared in Business Wire under the title “C3 AI to Announce Financial Results for the Fourth Quarter and Full Year Fiscal 2021 on June 2, 2021” on May-12-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -21.82% below one month high and is +21.64% above of the lowest during that time. Looking into the simple moving average, C3.ai Inc. (AI)’s stock stands at a SMA-50 of $66.71 while that of 5-day is reading $52.62.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.70 for the stock.
C3.ai Inc. Earnings – What Happened With AI
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. C3.ai Inc. (AI) last released financial results for the quarter that ended 1/31/2021, posting a surprise factor of 18.80% for net revenue.
AI – C3.ai Inc. Stock Earnings Estimates
The perspective of C3.ai Inc. (NYSE:AI)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.16 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.13.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 100.93 million. AI does have institutional investors; and they hold 43.40% of the stock.
C3.ai Inc. – Insider Activity and Holdings
As on Dec 31, 2020, Tpg Group Holdings (sbs) Advisors, Inc. was the top most holder in C3.ai Inc. (NYSE:AI) with an ownership of 16.21 million shares of the company or 16.63% of the stake worth $2.25 billion. The filing also reveals Baker Hughes Holdings, LLC as the second largest holder in the company with a control over 11.10% of the outstanding shares. Its stake is worth $712.69 million for having 10.81 million shares in hand.
Blackrock Inc. also came holding a key position in the company during the recent quarter and it now holds 4.75% of the outstanding shares. With this there are now 234 institutions which have possession in AI’s shares.
Currently, the stock has been recommended as Moderate Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.70 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, C3.ai Inc. has a debt to equity ratio of 0.00.
Technical Analysis of C3.ai Inc. (NYSE:AI) stock