Cannae Holdings Stock Target Price and Analyst Consensus

CNNE Stock  USD 20.77  0.23  1.12%   
The current analyst and expert consensus on Cannae Holdings is Strong Buy, with 2 strong buy opinions. The current projected Cannae Holdings target price consensus is 31.85 with 3 analyst opinions. Check out Macroaxis Advice on Cannae Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
The most common way Cannae Holdings analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cannae Holdings executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Cannae Holdings. We encourage you to use your own analysis of Cannae Holdings to validate this buy or sell advice. Cannae Holdings buy-or-sell recommendation module provides average expert sentiment on the projected Cannae Holdings target price to derive its highest and lowest estimates based on projected price volatility of 1.6373.
Lowest Forecast
28.98
Highest Forecast
35.35
Target Price
31.85
As of November 22, 2024, Gross Profit is expected to decline to about 59.8 M. The current year's Pretax Profit Margin is expected to grow to -0.35. At present, Cannae Holdings' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 140.2 M, whereas Total Stockholder Equity is forecasted to decline to about 2.2 B.
  
It's important to approach Cannae Holdings' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Cannae Holdings price targets

Cannae Holdings' stock target price is an estimate of its future price, usually made by analysts. Using Cannae Holdings' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Cannae Holdings' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Cannae Holdings' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Cannae Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cannae Holdings is a key component of Cannae Holdings valuation and have some predictive power on the future returns of a Cannae Holdings.
Hype
Prediction
LowEstimatedHigh
19.1520.7822.41
Details
Intrinsic
Valuation
LowRealHigh
18.6926.1027.73
Details
Naive
Forecast
LowNextHigh
18.0719.7021.33
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-1.1-0.94-0.65
Details

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When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out Macroaxis Advice on Cannae Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Please note, the presentation of Cannae Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cannae Holdings' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cannae Holdings' management manipulating its earnings.