Clearwater Analytics (NYSE:CWAN) Issues Earnings Results

Clearwater Analytics (NYSE:CWAN) issued its quarterly earnings data on Wednesday. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.07), Zacks reports. Clearwater Analytics had a net margin of 0.21% and a return on equity of 5.68%. Clearwater Analytics updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Clearwater Analytics Price Performance

CWAN stock traded down $0.59 during mid-day trading on Wednesday, hitting $27.05. The company had a trading volume of 3,264,170 shares, compared to its average volume of 1,991,965. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of 2,707.61, a P/E/G ratio of 7.39 and a beta of 0.72. Clearwater Analytics has a 12-month low of $15.62 and a 12-month high of $35.71. The company has a 50-day moving average price of $28.08 and a 200 day moving average price of $27.01. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.10.

Insider Activity at Clearwater Analytics

In related news, CFO James S. Cox sold 18,700 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $29.65, for a total value of $554,455.00. Following the completion of the transaction, the chief financial officer now owns 214,044 shares of the company’s stock, valued at approximately $6,346,404.60. This trade represents a 8.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sandeep Sahai sold 139,172 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $28.94, for a total value of $4,027,637.68. Following the sale, the chief executive officer now directly owns 441,724 shares in the company, valued at $12,783,492.56. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 299,162 shares of company stock valued at $8,386,024. 4.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on CWAN. JPMorgan Chase & Co. raised Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $23.00 to $33.00 in a research note on Thursday, November 7th. Oppenheimer upped their price target on shares of Clearwater Analytics from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. Royal Bank of Canada decreased their price objective on shares of Clearwater Analytics from $36.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Wells Fargo & Company lifted their target price on Clearwater Analytics from $33.00 to $35.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Finally, Piper Sandler increased their price objective on Clearwater Analytics from $23.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Clearwater Analytics currently has an average rating of “Moderate Buy” and an average price target of $31.33.

Clearwater Analytics Company Profile

Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.