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Cerence Inc. (CRNC)

Stock Price: $59.43 USD -3.92 (-6.19%)
Updated Oct 28, 2020 10:02 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 2.18B
Revenue (ttm) 321.72M
Net Income (ttm) 68.33M
Shares Out 36.72M
EPS (ttm) 1.86
PE Ratio 31.95
Forward PE 34.25
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 28, 2020
Last Price $59.43
Previous Close $63.35
Change ($) -3.92
Change (%) -6.19%
Day's Open 60.48
Day's Range 58.76 - 61.36
Day's Volume 104,189
52-Week Range 11.39 - 66.64

More Stats

Market Cap 2.18B
Enterprise Value 2.35B
Earnings Date (est) Dec 22, 2020
Ex-Dividend Date n/a
Shares Outstanding 36.72M
Float 35.88M
EPS (basic) n/a
EPS (diluted) 1.86
FCF / Share n/a
Dividend n/a
Dividend Yield n/a
Earnings Yield 3.13%
FCF Yield n/a
Payout Ratio n/a
Shares Short 5.58M
Short Ratio 7.50
Short % of Float 15.54%
Beta n/a
PE Ratio 31.95
Forward PE 34.25
P/FCF Ratio n/a
PS Ratio 6.78
PB Ratio 2.43
Revenue 321.72M
Operating Income n/a
Net Income 68.33M
Free Cash Flow n/a
Net Cash -162.61M
Net Cash / Share -4.43
Gross Margin 66.04%
Operating Margin n/a
Profit Margin n/a
FCF Margin n/a
ROA 1.27%
ROE 7.18%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (9)

Buy 7
Overweight 1
Hold 0
Underweight 0
Sell 1

Analyst Consensus: Buy

Price Target

$59.50*
(0.12% upside)
Low
29.0
Current: $59.43
High
82.0
Target: 59.50
*Average 12-month price target from 9 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016
Revenue303277245211
Revenue Growth9.51%13.18%15.91%-
Gross Profit204194176151
Operating Income10.8536.8563.6947.79
Net Income1005.8847.2834.94
Shares Outstanding36.3936.3936.39-
Earnings Per Share2.760.161.30-
EPS Growth1625%-87.69%--
Operating Cash Flow88.0711596.78114
Capital Expenditures-4.52-6.51-4.71-8.29
Free Cash Flow83.5510992.07106
Cash & Equivalents----
Net Cash / Debt----
Assets1,4841,3981,3361,293
Liabilities416404339282
Book Value1,0689939971,011
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Cerence Inc.
Country United States
Employees 1,400
CEO Sanjay Dhawan

Stock Information

Ticker Symbol CRNC
Stock Exchange NASDAQ
Sector Technology
Industry Software—Application
Unique Identifier NASDAQ: CRNC

Description

Cerence provides A.I. powered assistants and innovations for connected and autonomous vehicles. It offers edge software components; cloud connected components; toolkits; applications; and virtual assistant coexistence and professional services. The company also provides conversational artificial intelligence, including voice recognition, natural language understanding, and artificial intelligence services. The company is headquartered in Burlington, Massachusetts.