Cerence Stock Analysis

Cerence Stock Analysis Notes

About 83.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.73. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cerence has Price/Earnings To Growth (PEG) ratio of 0.96. The entity recorded a loss per share of 14.12. The firm had not issued any dividends in recent years. Cerence Inc. provides AI powered virtual assistants for the mobilitytransportation market worldwide. 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 operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1700 people. For more info on Cerence please contact Brian Krzanich at 857 362 7300 or go to https://www.cerence.com.

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Cerence Environmental, Social, and Governance (ESG) Scores

Cerence Stock Institutional Investors

Note, although Cerence's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cerence Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 301.85 M.

Cerence Profitablity

The company has Profit Margin (PM) of (1.62) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Management Efficiency

Cerence has return on total asset (ROA) of 0.0377 % which means that it generated a profit of $0.0377 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.3517) %, meaning that it created substantial loss on money invested by shareholders. Cerence's management efficiency ratios could be used to measure how well Cerence manages its routine affairs as well as how well it operates its assets and liabilities. As of November 23, 2024, Return On Tangible Assets is expected to decline to -0.16. The current year's Return On Capital Employed is expected to grow to -0.03. At present, Cerence's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 77.8 M, whereas Total Current Assets are forecasted to decline to about 179.4 M.

Technical Drivers

As of the 23rd of November, Cerence shows the Downside Deviation of 5.37, risk adjusted performance of 0.1059, and Mean Deviation of 7.12. Cerence 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.

Cerence Price Movement Analysis

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Cerence Corporate Filings

Cerence Forecast Models

Cerence's time-series forecasting models are one of many Cerence's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cerence's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cerence prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cerence shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cerence. By using and applying Cerence Stock analysis, traders can create a robust methodology for identifying Cerence entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cerence analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cerence analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Cerence stock analysis indicators help investors evaluate how Cerence stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cerence shares will generate the highest return on investment. By understating and applying Cerence stock analysis, traders can identify Cerence position entry and exit signals to maximize returns.

When running Cerence's price analysis, check to measure Cerence'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 Cerence is operating at the current time. Most of Cerence's value examination focuses on studying past and present price action to predict the probability of Cerence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerence's price. Additionally, you may evaluate how the addition of Cerence to your portfolios can decrease your overall portfolio volatility.