Cerence Inc

Company Profile

Cerence Inc had its IPO on 2019-09-16 under the ticker symbol CRNC.

The company operates in the Technology sector and SERVICES-PREPACKAGED SOFTWARE industry. Cerence Inc has a staff strength of 0 employees.

Stock update

Shares of Cerence Inc opened at $16.78 at the start of the last trading session i.e. 2022-11-02.

The stocks traded within a range of $16.49 - $17.28, and closed at $16.5.

This is a -1.55% slip from the previous day's closing price.

A total volume of 345,117 shares were traded at the close of the day’s session.

In the last one week, shares of Cerence Inc have slipped by -2.94%.

Cerence Inc's Key Ratios

Cerence Inc has a market cap of $0.650 billion, indicating a price to book ratio of 0.713 and a price to sales ratio of 1.767.

In the last 12-months Cerence Inc’s revenue was $0.368 billion with a gross profit of $0.294 billion and an EBITDA of $0.087 billion. 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 17.6% while its return on assets stood at 2.46% with a return of equity of -7.37%.

In Q2, Cerence Inc’s quarterly earnings growth was a negative -10.1% while revenue growth was a negative 8%.

Cerence Inc’s PE and PEG Ratio

Forward PE

33.44

Trailing PE

21.43

PEG

None

Its diluted EPS in the last 12-months stands at $0.77 per share while it has a forward price to earnings multiple of 33.44 and a PEG multiple of None. 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 2.281 and a EV to EBITDA ratio of 10.26. Its price to sales ratio in the trailing 12-months stood at 1.767.

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

$0.000 billion

Total Liabilities

$0.000 billion

Operating Cash Flow

$0.000 billion

Capital Expenditure

$0.000 billion

Dividend Payout Ratio

0%

Cerence Inc ended 1970 with $0.000 billion in total assets and $131.2 billion in total liabilities. Its intangible assets were valued at $0.000 billion while shareholder equity stood at $0.000 billion.

Cerence Inc ended 1970 with $0.000 billion in deferred long-term liabilities, $0.000 billion in other current liabilities, billion in common stock, $0.000 billion in retained earnings and $0.000 billion in goodwill. Its cash balance stood at $0.000 billion and cash and short-term investments were $0.000 billion. The company’s total short-term debt was $0.000 billion while long-term debt stood at $0.000 billion.

Cerence Inc’s total current assets stands at $0.000 billion while long-term investments were $0.000 billion and short-term investments were $0.000 million. Its net receivables were $0.000 billion compared to accounts payable of $0.000 billion and inventory worth $0.000 billion.

In 1970, Cerence Inc's operating cash flow was $0.000 billion while its capital expenditure stood at $0.000 billion.

Comparatively, Cerence Inc paid $0 billion in dividends in 1970.

Other key metrics

Current Trading Price

$16.5

52-Week High

$112.19

52-Week Low

$14.09

Analyst Target Price

$29.64

Cerence Inc stock is currently trading at $16.5 per share. It touched a 52-week high of $112.19 and a 52-week low of $112.19. Analysts tracking the stock have a 12-month average target price of $29.64.

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

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.