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How to buy Cerence Inc stock
Learn how to easily invest in Cerence Inc stock.
Cerence Inc is a software-application business based in the US. Cerence Inc shares (CRNC) are listed on the NASDAQ and all prices are listed in US Dollars. Cerence Inc employs 1,700 staff and has a trailing 12-month revenue of around $327.9 million.
How to buy Cerence Inc stock
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- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – CRNC. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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Cerence Inc stock price (NASDAQ: CRNC)Use our graph to track the performance of CRNC stocks over time.
Cerence Inc shares at a glance
|Latest market close||$28.19|
|52-week range||$12.82 - $64.45|
|50-day moving average||$19.62|
|200-day moving average||$22.57|
|Wall St. target price||$28.73|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.77|
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Is it a good time to buy Cerence Inc stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Cerence Inc price performance over time
|1 week (2023-01-30)||15.53%|
|1 month (2023-01-05)||31.24%|
|3 months (2022-11-03)||N/A|
|6 months (2022-08-05)||-4.12%|
|1 year (2022-02-07)||-35.36%|
|2 years (2021-02-05)||-77.57%|
|3 years (2020-02-07)||26.19%|
|5 years (2018-02-03)||N/A|
Is Cerence Inc stock undervalued or overvalued?
Valuing Cerence Inc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cerence Inc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cerence Inc's P/E ratio
Cerence Inc's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Cerence Inc shares trade at around 32x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Cerence Inc's EBITDA
Cerence Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $54.6 million.
The EBITDA is a measure of a Cerence Inc's overall financial performance and is widely used to measure a its profitability.
Cerence Inc financials
|Revenue TTM||$327.9 million|
|Operating margin TTM||10.47%|
|Gross profit TTM||$233.7 million|
|Return on assets TTM||1.42%|
|Return on equity TTM||-35.63%|
|Market capitalisation||$981.2 million|
TTM: trailing 12 months
Cerence Inc share dividends
We're not expecting Cerence Inc to pay a dividend over the next 12 months.
Cerence Inc share price volatility
Over the last 12 months, Cerence Inc's shares have ranged in value from as little as $12.82 up to $64.45. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Cerence Inc's is 2.6162. This would suggest that Cerence Inc's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Cerence Inc overview
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. .
Cerence Inc in the news
Cerence Enhances the Driving Experience for Legendary Automaker’s Tour Guide Feature
SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Cerence Inc. (CRNC) and Encourages Long-Term CRNC Investors to Contact the Firm
Cerence to Announce Fiscal First Quarter Results on February 8, 2023
Frequently asked questionsWhat percentage of Cerence Inc is owned by insiders or institutions?
Currently 1.168% of Cerence Inc shares are held by insiders and 97.344% by institutions. How many people work for Cerence Inc?
Latest data suggests 1,700 work at Cerence Inc. When does the fiscal year end for Cerence Inc?
Cerence Inc's fiscal year ends in September. Where is Cerence Inc based?
Cerence Inc's address is: 15 Wayside Road, Burlington, MA, United States, 01803 What is Cerence Inc's ISIN number?
Cerence Inc's international securities identification number is: US1567271093 What is Cerence Inc's CUSIP number?
Cerence Inc's Committee on Uniform Securities Identification Procedures number is: 156727109
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