CI&T (NYSE:CINT) Announces Quarterly Earnings Results

CI&T (NYSE:CINT) posted its earnings results on Wednesday. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.01), Zacks reports. CI&T had a net margin of 7.27% and a return on equity of 11.34%. CI&T updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

CI&T Stock Up 0.8%

Shares of CI&T stock traded up $0.04 on Thursday, reaching $4.65. The stock had a trading volume of 85,120 shares, compared to its average volume of 174,116. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $625.60 million, a P/E ratio of 19.33 and a beta of 1.14. The company has a 50 day moving average price of $4.87 and a 200 day moving average price of $5.43. CI&T has a 1 year low of $3.98 and a 1 year high of $8.00.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. BW Gestao de Investimentos Ltda. raised its position in CI&T by 9.2% during the second quarter. BW Gestao de Investimentos Ltda. now owns 2,882,650 shares of the company’s stock valued at $17,209,000 after acquiring an additional 242,811 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of CI&T by 90.4% during the 2nd quarter. Marshall Wace LLP now owns 380,818 shares of the company’s stock worth $2,273,000 after purchasing an additional 180,800 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in CI&T by 551.2% during the first quarter. Goldman Sachs Group Inc. now owns 74,061 shares of the company’s stock worth $442,000 after buying an additional 62,688 shares in the last quarter. Jane Street Group LLC grew its holdings in CI&T by 180.1% in the 2nd quarter. Jane Street Group LLC now owns 76,553 shares of the company’s stock valued at $457,000 after buying an additional 49,219 shares in the last quarter. Finally, Lazard Asset Management LLC increased its stake in shares of CI&T by 52,926.9% in the 2nd quarter. Lazard Asset Management LLC now owns 41,361 shares of the company’s stock worth $246,000 after acquiring an additional 41,283 shares during the last quarter. 92.45% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CINT has been the subject of a number of research analyst reports. Zacks Research raised CI&T from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 20th. Wall Street Zen raised shares of CI&T from a “hold” rating to a “buy” rating in a research note on Saturday, August 16th. Canaccord Genuity Group reissued a “buy” rating and set a $8.00 price objective on shares of CI&T in a research note on Thursday, October 16th. Weiss Ratings restated a “hold (c-)” rating on shares of CI&T in a report on Thursday, October 30th. Finally, UBS Group dropped their price objective on shares of CI&T from $8.00 to $6.80 and set a “neutral” rating on the stock in a research note on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, CI&T presently has an average rating of “Buy” and an average target price of $7.80.

CI&T Company Profile

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.