NASDAQ
CRNC

Cerence Inc

Software-Application
Technology

Prices are adjusted according to historical splits.

Cerence Inc Stock Price

Vitals

Today's Low:
$22.515
Today's High:
$23.11
Open Price:
$22.94
52W Low:
$12.82
52W High:
$32.42
Prev. Close:
$23.07
Volume:
357504

Company Statistics

Market Cap.:
$1.14 billion
Book Value:
17.607
Revenue TTM:
$299.24 million
Operating Margin TTM:
-4.33%
Gross Profit TTM:
$233.71 million
Profit Margin:
-119.52%
Return on Assets TTM:
-0.53%
Return on Equity TTM:
-40.51%

Company Profile

Cerence Inc had its IPO on 2019-10-02 under the ticker symbol CRNC.

The company operates in the Technology sector and Software-Application industry. Cerence Inc has a staff strength of 1,700 employees.

Stock update

Shares of Cerence Inc opened at $22.94 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $22.52 - $23.11, and closed at $22.55.

This is a -2.25% slip from the previous day's closing price.

A total volume of 357,504 shares were traded at the close of the day’s session.

In the last one week, shares of Cerence Inc have slipped by -12.5%.

Cerence Inc's Key Ratios

Cerence Inc has a market cap of $1.14 billion, indicating a price to book ratio of 1.0314 and a price to sales ratio of 2.2097.

In the last 12-months Cerence Inc’s revenue was $299.24 million with a gross profit of $233.71 million and an EBITDA of $3.75 million. The EBITDA ratio measures Cerence Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Cerence Inc’s operating margin was -4.33% while its return on assets stood at -0.53% with a return of equity of -40.51%.

In Q1, Cerence Inc’s quarterly earnings growth was a negative -10.1% while revenue growth was a negative 20.7%.

Cerence Inc’s PE and PEG Ratio

Forward PE
34.4828
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-9.07 per share while it has a forward price to earnings multiple of 34.4828 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Cerence Inc’s profitability.

Cerence Inc stock is trading at a EV to sales ratio of 2.7661 and a EV to EBITDA ratio of -5.6539. Its price to sales ratio in the trailing 12-months stood at 2.2097.

Cerence Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.34 billion
Total Liabilities
$165.96 million
Operating Cash Flow
$709000.00
Capital Expenditure
$1.39 million
Dividend Payout Ratio
0%

Cerence Inc ended 2024 with $1.34 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.34 billion while shareholder equity stood at $709.42 million.

Cerence Inc ended 2024 with $0 in deferred long-term liabilities, $165.96 million in other current liabilities, 403000.00 in common stock, $-305655000.00 in retained earnings and $904.05 million in goodwill. Its cash balance stood at $95.38 million and cash and short-term investments were $107.04 million. The company’s total short-term debt was $18,503,000 while long-term debt stood at $264.69 million.

Cerence Inc’s total current assets stands at $231.86 million while long-term investments were $15.68 million and short-term investments were $11.66 million. Its net receivables were $61.45 million compared to accounts payable of $18.99 million and inventory worth $0.

In 2024, Cerence Inc's operating cash flow was $709000.00 while its capital expenditure stood at $1.39 million.

Comparatively, Cerence Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$22.55
52-Week High
$32.42
52-Week Low
$12.82
Analyst Target Price
$32.13

Cerence Inc stock is currently trading at $22.55 per share. It touched a 52-week high of $32.42 and a 52-week low of $32.42. Analysts tracking the stock have a 12-month average target price of $32.13.

Its 50-day moving average was $26.22 and 200-day moving average was $25.39 The short ratio stood at 10.84 indicating a short percent outstanding of 0%.

Around 122.5% of the company’s stock are held by insiders while 9562.2% are held by institutions.

Frequently Asked Questions About Cerence Inc

The stock symbol (also called stock or share ticker) of Cerence Inc is CRNC

The IPO of Cerence Inc took place on 2019-10-02

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About

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.

Address

15 Wayside Road, Burlington, MA, United States, 01803