Is CiT Stock a Good Investment?
CiT Investment Advice | CINT |
- Examine CiT's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research CiT's leadership team and their track record. Good management can help CiT navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact CiT's business and its evolving consumer preferences.
- Compare CiT's performance and market position to its competitors. Analyze how CiT is positioned in terms of product offerings, innovation, and market share.
- Check if CiT pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about CiT's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in CiT Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if CiT Inc is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine CiT Stock
Researching CiT's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are held by institutions such as insurance companies. The book value of CiT was currently reported as 10.62. The company had not issued any dividends in recent years.
To determine if CiT is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding CiT's research are outlined below:
| CiT Inc generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: CIT Appoints Nick Curran as Sales SVP for EMEA |
CiT Quarterly Gross Profit |
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CiT uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in CiT Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CiT's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 17th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact CiT's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises CiT's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-17 | 2023-09-30 | 0.37 | 0.33 | -0.04 | 10 | ||
2024-05-22 | 2024-03-31 | 0.25 | 0.3 | 0.05 | 20 | ||
2022-05-18 | 2022-03-31 | 0.31 | 0.25 | -0.06 | 19 | ||
2023-08-18 | 2023-06-30 | 0.38 | 0.46 | 0.08 | 21 | ||
2022-08-17 | 2022-06-30 | 0.31 | 0.4 | 0.09 | 29 | ||
2023-03-08 | 2022-12-31 | 0.5 | 0.4 | -0.1 | 20 | ||
2022-03-09 | 2021-12-31 | 0.48 | 0.38 | -0.1 | 20 | ||
2023-05-19 | 2023-03-31 | 0.34 | 0.49 | 0.15 | 44 |
Know CiT's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as CiT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CiT Inc backward and forwards among themselves. CiT's institutional investor refers to the entity that pools money to purchase CiT's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-06-30 | 52.3 K | Commonwealth Equity Services Inc | 2024-06-30 | 50 K | Citadel Advisors Llc | 2024-09-30 | 46.4 K | Banco Btg Pactual S.a. | 2024-09-30 | 43.5 K | Jane Street Group Llc | 2024-06-30 | 33.2 K | Blackrock Inc | 2024-06-30 | 29.5 K | Gsa Capital Partners Llp | 2024-09-30 | 27 K | Bamco Inc | 2024-09-30 | 25.8 K | Envestnet Asset Management Inc | 2024-09-30 | 15.7 K | Advent International Lp | 2024-09-30 | 49.6 M | T. Rowe Price Associates, Inc. | 2024-06-30 | 3.3 M |
CiT's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 906.49 M.Market Cap |
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CiT's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.10 | |
| Return On Capital Employed | 0.14 | 0.27 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.09 | 0.09 |
Determining CiT's profitability involves analyzing its financial statements and using various financial metrics to determine if CiT is a good buy. For example, gross profit margin measures CiT's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of CiT's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in CiT's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of CiT Inc. Check CiT's Beneish M Score to see the likelihood of CiT's management manipulating its earnings.
Evaluate CiT's management efficiency
CiT Inc has return on total asset (ROA) of 0.0542 % which means that it generated a profit of $0.0542 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0816 %, meaning that it created $0.0816 on every $100 dollars invested by stockholders. CiT's management efficiency ratios could be used to measure how well CiT manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.27 in 2024, whereas Return On Tangible Assets are likely to drop 0.10 in 2024. Total Current Liabilities is likely to gain to about 766.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.11 | 10.62 | |
| Tangible Book Value Per Share | (1.85) | (1.76) | |
| Enterprise Value Over EBITDA | 11.47 | 10.90 | |
| Price Book Value Ratio | 2.52 | 2.40 | |
| Enterprise Value Multiple | 11.47 | 10.90 | |
| Price Fair Value | 2.52 | 2.40 | |
| Enterprise Value | 4.4 B | 6 B |
Leadership effectiveness at CiT Inc is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 1.156 |
Basic technical analysis of CiT Stock
As of the 25th of November, CiT shows the mean deviation of 1.95, and Risk Adjusted Performance of (0). CiT Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.CiT's Outstanding Corporate Bonds
CiT issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CiT Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CiT bonds can be classified according to their maturity, which is the date when CiT Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand CiT's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing CiT's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 1.95 | |||
| Coefficient Of Variation | (9,057) | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.14 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 18.1 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 4.2 | |||
| Skewness | (1.06) | |||
| Kurtosis | 3.45 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.1) | |||
| Mean Deviation | 1.95 | |||
| Coefficient Of Variation | (9,057) | |||
| Standard Deviation | 2.85 | |||
| Variance | 8.14 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 18.1 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 4.2 | |||
| Skewness | (1.06) | |||
| Kurtosis | 3.45 |
Consider CiT's intraday indicators
CiT intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CiT stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
CiT Corporate Filings
6K | 14th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 5th of November 2024 Other Reports | ViewVerify | |
13A | 15th of April 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
CiT Stock media impact
Far too much social signal, news, headlines, and media speculation about CiT that are available to investors today. That information is available publicly through CiT media outlets and privately through word of mouth or via CiT internal channels. However, regardless of the origin, that massive amount of CiT data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of CiT news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of CiT relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to CiT's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive CiT alpha.
CiT Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards CiT can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
CiT Corporate Management
| Cesar Gon | CEO Director | Profile | |
| Stanley Rodrigues | Chief Officer | Profile | |
| Carla Borges | Chief Officer | Profile | |
| Bruno Guicardi | Director Operations | Profile | |
| Mars Cyrillo | Executive Development | Profile | |
| Amin Nunes | Ex Latam | Profile |
Additional Tools for CiT Stock Analysis
When running CiT's price analysis, check to measure CiT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CiT is operating at the current time. Most of CiT's value examination focuses on studying past and present price action to predict the probability of CiT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CiT's price. Additionally, you may evaluate how the addition of CiT to your portfolios can decrease your overall portfolio volatility.