Shares of CHURCHILL CAP C/SH (NYSE:CCC) have been assigned a consensus rating of “Hold” from the eight research firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $18.80.
A number of analysts have weighed in on CCC shares. Royal Bank of Canada began coverage on shares of CHURCHILL CAP C/SH in a research report on Wednesday, December 11th. They set an “outperform” rating and a $21.00 target price for the company. Goldman Sachs Group began coverage on shares of CHURCHILL CAP C/SH in a research report on Wednesday, December 11th. They issued a “neutral” rating and a $18.00 price target on the stock. ValuEngine lowered shares of CHURCHILL CAP C/SH from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Stifel Nicolaus initiated coverage on shares of CHURCHILL CAP C/SH in a research report on Monday, November 11th. They set a “hold” rating and a $18.00 price objective for the company. Finally, Zacks Investment Research downgraded shares of CHURCHILL CAP C/SH from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th.
Shares of NYSE CCC traded up $1.24 during trading on Friday, reaching $18.90. The company had a trading volume of 8,935,031 shares, compared to its average volume of 1,064,898. The company’s fifty day moving average price is $17.24 and its 200-day moving average price is $16.77. CHURCHILL CAP C/SH has a 12 month low of $10.22 and a 12 month high of $18.93. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 1.00.
CHURCHILL CAP C/SH (NYSE:CCC) last issued its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.06. The company had revenue of $243.10 million for the quarter, compared to the consensus estimate of $242.35 million. During the same quarter last year, the business earned $0.12 earnings per share. CHURCHILL CAP C/SH’s revenue was up 3.2% compared to the same quarter last year. On average, analysts expect that CHURCHILL CAP C/SH will post 0.27 EPS for the current year.
About CHURCHILL CAP C/SH
Churchill Capital Corp, a blank check company, focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2018 and is based in New York, New York.
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