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How to buy Cerence (CRNC) stocks in Canada
Learn how to easily invest in Cerence stocks.
Cerence is a software-application business based in the US. Cerence stocks (CRNC.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $111.94 – a decrease of 3.49% over the previous week. Cerence employs 1,700 staff and has a trailing 12-month revenue of around $375.6 million.
How to buy stocks in Cerence
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CRNC – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in Cerence?
- Has coronavirus impacted Cerence shares?
- Cerence shares summary
- Compare share dealing platforms
- Is Cerence stock a buy or sell?
- Cerence performance over time
- Are Cerence shares over-valued?
- Cerence's financials
- How volatile are Cerence shares?
- Does Cerence pay a dividend?
- Other common questions
Cerence stock price (NASDAQ:CRNC)Use our graph to track the performance of CRNC stocks over time.
Cerence shares at a glance
|Latest market close||$28.76|
|52-week range||$24.66 - $127.80|
|50-day moving average||$32.41|
|200-day moving average||$70.83|
|Wall St. target price||$47.50|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.75|
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Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Cerence 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.
Cerence price performance over time
|1 week (2022-05-17)||-6.26%|
|1 month (2022-04-25)||-5.30%|
|3 months (2022-02-25)||-19.66%|
|6 months (2021-11-24)||-63.86%|
|1 year (2021-05-25)||-68.08%|
|2 years (2020-05-22)||-13.37%|
|3 years (2019-05-21)||N/A|
|5 years (2017-05-21)||N/A|
Is Cerence under- or over-valued?
Valuing Cerence stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cerence's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cerence's P/E ratio
Cerence's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 40x. In other words, Cerence shares trade at around 40x 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's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $89.3 million.
The EBITDA is a measure of a Cerence's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$375.6 million|
|Operating margin TTM||17.14%|
|Gross profit TTM||$293.6 million|
|Return on assets TTM||2.37%|
|Return on equity TTM||3.14%|
|Market capitalisation||$1.2 billion|
TTM: trailing 12 months
Cerence share dividends
We're not expecting Cerence to pay a dividend over the next 12 months.
Cerence share price volatility
Over the last 12 months, Cerence's shares have ranged in value from as little as $24.66 up to $127.8. 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's is 2.7706. This would suggest that Cerence's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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. .
Stocks similar to Cerence
Cerence in the news
Former White House press secretary Jen Psaki will join MSNBC this fall
Vulcan Value Partners: “Cerence (CRNC)’s Competitive Moat Remains Unchanged”
SoundHound replacing Cerence at Hyundai, says Northland
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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