Clearwater Analytics (NYSE:CWAN) Posts Earnings Results, Misses Expectations By $0.07 EPS

Clearwater Analytics (NYSE:CWAN) issued its earnings results on Wednesday. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07), Zacks reports. Clearwater Analytics had a return on equity of 5.68% and a net margin of 0.21%. Clearwater Analytics updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Clearwater Analytics Trading Down 2.1 %

Shares of NYSE:CWAN opened at $27.05 on Thursday. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $6.68 billion, a PE ratio of 2,707.61, a P/E/G ratio of 7.59 and a beta of 0.72. Clearwater Analytics has a 1 year low of $15.62 and a 1 year high of $35.71. The firm has a fifty day moving average price of $28.00 and a 200 day moving average price of $27.04.

Insider Buying and Selling at Clearwater Analytics

In related news, CEO Sandeep Sahai sold 139,172 shares of the company’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $28.94, for a total transaction of $4,027,637.68. Following the completion of the sale, the chief executive officer now directly owns 441,724 shares of the company’s stock, valued at approximately $12,783,492.56. This represents a 23.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO James S. Cox sold 18,700 shares of Clearwater Analytics stock in a transaction on Monday, December 16th. The stock was sold at an average price of $29.65, for a total transaction of $554,455.00. Following the completion of the transaction, the chief financial officer now owns 214,044 shares in the company, valued at $6,346,404.60. This trade represents a 8.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 299,162 shares of company stock worth $8,386,024 over the last three months. Corporate insiders own 4.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on CWAN. DA Davidson upgraded shares of Clearwater Analytics from a “neutral” rating to a “buy” rating and lowered their price objective for the stock from $35.00 to $32.00 in a research report on Tuesday, January 14th. The Goldman Sachs Group lifted their price target on Clearwater Analytics from $20.00 to $22.00 and gave the company a “sell” rating in a report on Thursday, November 7th. Wells Fargo & Company upped their price target on Clearwater Analytics from $33.00 to $35.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. upgraded Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $23.00 to $33.00 in a research report on Thursday, November 7th. Finally, Oppenheimer upped their target price on Clearwater Analytics from $35.00 to $40.00 and gave the company an “outperform” rating in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $32.22.

Clearwater Analytics Company Profile

Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.