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Monday, January 30, 2023

Investing In C3.ai Inc. (NYSE: AI): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for C3.ai Inc. (AI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.08%, to $13.25. The C3.ai Inc. has recorded 32,067 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed C3 AI to Present at Upcoming Investor Conferences.


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Stocks Info

The company is listed on the NYSE and operates within the Information Technology Services industry segment. At the end of the last regular session, the stock closed at $13.26 and fluctuated between $13.35 as its day high and $12.81 as its day low. The current market capitalization of C3.ai Inc. is $1.40B. A total of 1.48 million shares were traded on the day, compared to an average of 1.78M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AI has seen 7 BUY and 14 SELL insider trades, representing the acquisition of 430,049 and the disposition of 350,611 shares. Over the last 12 months, there were 21 BUYs and 31 SELLs from insiders. Insiders purchased 1,146,321 shares during that period but sold 473,285.

In the most recent transaction, Parkkinen Juho sold 4,436 shares of AI for 13.25 per share on Nov 01. After the transaction, the SVP & Chief Financial Officer now owns 353,057 company shares. In a previous transaction on Sep 30, Parkkinen Juho sold 291 shares at 12.29 per share. AI shares that SVP & Chief Financial Officer owns now total 357,493.

Among the insiders who sold shares, WARD JR STEPHEN M disposed of 12,500 shares on Sep 27 at a per-share price of $12.90. This resulted in the Director holding 546,495 shares of AI after the transaction. In another insider transaction, Parkkinen Juho sold 265 shares at $13.08 per share on Sep 26. Company shares held by the SVP & Chief Financial Officer now total 357,784.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. AI’s most recent ex-dividend date was 12/30/2019 when it declared a $0.2250 quarterly dividend that was paid in cash on 2/3/2020. Previously, the company paid the dividend on 10/31/2019 with an ex-dividend date of 9/27/2019. The AI stock dividend was $0.2250 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AI in the last 3 months, the mean price target is $15.38 with high estimates of $25.00 and low estimates of $13.00. In terms of 52-week highs and lows, AI has a high of $38.15 and a low of $11.29.

As of this writing, AI has an earnings estimate of -$0.16 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$0.17. The company reported an EPS of -$0.21 in the last quarter, which was 27.60% higher than expectations of -$0.29.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AI is Hold with a score of 2.80. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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