Parsons Tops Q3 Earnings and Revenue Estimates

TWKSDelisted Stock  USD 4.47  0.00  0.00%   
Slightly above 56% of Thoughtworks Holding's investor base is looking to short. The analysis of overall sentiment of trading Thoughtworks Holding stock suggests that many investors are alarmed at this time. Thoughtworks Holding's investing sentiment can be driven by a variety of factors including economic data, Thoughtworks Holding's earnings reports, geopolitical events, and overall market trends.
  
Parsons delivered earnings and revenue surprises of 20.25 percent and 11.35, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock

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Thoughtworks Holding Fundamental Analysis

We analyze Thoughtworks Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thoughtworks Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thoughtworks Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash And Equivalents

Cash And Equivalents Comparative Analysis

Thoughtworks Holding is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Thoughtworks Holding Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thoughtworks Holding stock to make a market-neutral strategy. Peer analysis of Thoughtworks Holding could also be used in its relative valuation, which is a method of valuing Thoughtworks Holding by comparing valuation metrics with similar companies.

Peers

Thoughtworks Holding Related Equities

WNSWNS Holdings   1.46   
0%
66.0%
SAICScience Applications   0.78   
0%
35.0%
TTECTTEC Holdings   0.78   
0%
35.0%
ASGNASGN   0.63   
0%
28.0%
CNXCConcentrix   0.07   
0%
3.0%
ITGartner   0.25   
11.0%
0%
HCKTHackett   0.38   
17.0%
0%
EXLSExlService Holdings   0.49   
22.0%
0%
CLVTCLARIVATE PLC   0.52   
23.0%
0%
GGenpact   0.71   
32.0%
0%
TASKTaskus   2.20   
100.0%
0%
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Other Consideration for investing in Thoughtworks Stock

If you are still planning to invest in Thoughtworks Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thoughtworks Holding's history and understand the potential risks before investing.
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