Cerence Inc
Prices are adjusted according to historical splits.
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
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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.