CIT Inc Stock Analysis

CINT -  USA Stock  

USD 13.52  0.47  3.36%

The newest drop in stock price could raise concerns from private investors as the firm it trading at a share price of 13.52 on 75,100 in volume. The company management teams have failed to build on market volatilities in December. However, diversifying your overall positions with CIT Inc Cl may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 6.33. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the CIT Inc partners.
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CIT Inc Stock Analysis 

 
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The CIT Inc stock analysis report makes it easy to digest most publicly released information about CIT Inc and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. CIT Inc Stock analysis module also helps to analyze the CIT Inc price relationship with some important fundamental indicators such as market cap and management efficiency.

CIT Inc Stock Analysis Notes

About 47.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. CIT Inc Cl recorded earning per share (EPS) of 11.09. The entity had not issued any dividends in recent years. CIT Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises worldwide. CIT Inc was founded in 1995 and is headquartered in Campinas, Brazil. CIT Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 5398 people. For more info on CIT Inc Cl please contact the company at 55 19 2102 4500 or go to https://www.ciandt.com.

CIT Inc Cl Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. CIT Inc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding CIT Inc Cl or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
CIT Inc Cl generated a negative expected return over the last 90 days
CIT Inc Cl has high historical volatility and very poor performance
CIT Inc Cl has high likelihood to experience some financial distress in the next 2 years

CIT Inc Cl Upcoming and Recent Events

Earnings reports are used by CIT Inc to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CIT Inc 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.
Upcoming Quarterly Report2nd of March 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of March 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

CIT Inc Largest EPS Surprises

Earnings surprises can significantly impact CIT Inc'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
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CIT Inc SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. CIT Inc prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that CIT Inc investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial CIT Inc Cl specific information freely available to individual and institutional investors to make a timely investment decision.
14th of January 2022
Other Events
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10th of December 2021
Unclassified Corporate Event
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1st of December 2021
Other Events
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19th of November 2021
Unclassified Corporate Event
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CIT Inc Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CIT Inc's market, we take the total number of its shares issued and multiply it by CIT Inc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

CIT Inc Profitablity

CIT Inc's profitability indicators refer to fundamental financial ratios that showcase CIT Inc's ability to generate income relative to its revenue or operating costs. If, let's say, CIT Inc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, CIT Inc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of CIT Inc's profitability requires more research than a typical breakdown of CIT Inc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 8.9 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 19.1 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.19.
Last ReportedProjected for 2022
Return on Average Assets 0.23  0.23 
Return on Average Equity 0.75  0.74 
Return on Invested Capital 1.04  1.03 
Return on Sales 0.31  0.29 

Management Efficiency

Return on Average Equity is likely to drop to 0.74 in 2022. Return on Invested Capital is likely to drop to 1.03 in 2022. CIT Inc Liabilities Non Current is comparatively stable at the moment as compared to the past year. CIT Inc reported Liabilities Non Current of 86.97 Million in 2021. Tax Liabilities is likely to gain to about 10.9 M in 2022, whereas Total Liabilities is likely to drop slightly above 432.1 M in 2022. CIT Inc management efficiency ratios could be used to measure how well cit inc cl manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2022
Book Value per Share 1.35  1.34 
Tangible Assets Book Value per Share 3.86  3.84 
Tangible Asset Value652 M619.8 M

Technical Drivers

As of the 23rd of January, CIT Inc shows the risk adjusted performance of (0.08), and Mean Deviation of 4.76. CIT Inc Cl 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for CIT Inc Cl, which can be compared to its rivals. Please confirm CIT Inc Cl variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if CIT Inc Cl is priced favorably, providing market reflects its regular price of 13.52 per share. Given that CIT Inc has jensen alpha of (0.32), we suggest you to validate CIT Inc Cl's prevailing market performance to make sure the company can sustain itself in the future.

CIT Inc Cl Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Exponential Moving Average is calculated by weighting recent values of CIT Inc Cl more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

CIT Inc Predictive Daily Indicators

CIT Inc 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 Inc 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 Inc Forecast Models

CIT Inc time-series forecasting models is one of many CIT Inc's stock analysis techniquest aimed to predict 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 CIT Inc'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 stock market movement and maximize returns from investment trading.

About CIT Inc Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CIT Inc stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CIT Inc 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 CIT Inc. By using and applying CIT Inc Stock analysis, traders can create a robust methodology for identifying CIT Inc entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.34  0.33 
Gross Margin 0.43  0.43 
Profit Margin 0.15  0.14 
CIT Inc, together with its subsidiaries, provides strategy, design, and software engineering services to enable digital transformation for enterprises worldwide. CIT Inc was founded in 1995 and is headquartered in Campinas, Brazil. CIT Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 5398 people.

Current CIT Inc Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CIT Inc 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. CIT Inc 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.
Target PriceAdvice# of Analysts
16.33Strong Buy3Odds
CIT Inc Cl current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CIT Inc analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CIT Inc stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CIT Inc Cl, talking to its executives and customers, or listening to CIT Inc conference calls.
CIT Inc Analyst Advice Details

CIT Inc Stock Analysis Indicators

CIT Inc Cl stock analysis indicators help investors evaluate how CIT Inc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CIT Inc shares will generate the highest return on investment. By understating and applying CIT Inc stock analysis, traders can identify CIT Inc position entry and exit signals to maximize returns.
Quick Ratio1.09
Fifty Two Week Low9.88
Revenue Growth54.80%
Shares Short Prior Month17.7k
Average Daily Volume Last 10 Day180.87k
Average Daily Volume In Three Month404.55k
Shares Percent Shares Out0.21%
Gross Margins35.57%
Forward Price Earnings36.54
Float Shares151.39k
Fifty Two Week High22.50
Enterprise Value To Ebitda3.00
Fifty Day Average13.25
Two Hundred Day Average13.25
Enterprise Value To Revenue0.62
Continue to Trending Equities. Note that the CIT Inc Cl information on this page should be used as a complementary analysis to other CIT Inc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running CIT Inc Cl price analysis, check to measure CIT Inc'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 Inc is operating at the current time. Most of CIT Inc's value examination focuses on studying past and present price action to predict the probability of CIT Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CIT Inc's price. Additionally, you may evaluate how the addition of CIT Inc to your portfolios can decrease your overall portfolio volatility.
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Is CIT Inc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CIT Inc. If investors know CIT Inc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CIT Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of CIT Inc Cl is measured differently than its book value, which is the value of CIT Inc that is recorded on the company's balance sheet. Investors also form their own opinion of CIT Inc's value that differs from its market value or its book value, called intrinsic value, which is CIT Inc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CIT Inc's market value can be influenced by many factors that don't directly affect CIT Inc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CIT Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine CIT Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CIT Inc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.