Duck Creek Stock Today

DCT
 Stock
  

USD 14.07  0.23  1.61%   

Market Performance
0 of 100
Odds Of Distress
Less than 3
Duck Creek is selling for under 14.07 as of the 11th of August 2022; that is -1.61 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 13.91. Duck Creek has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Duck Creek Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of August 2020 and ending today, the 11th of August 2022. Click here to learn more.
Fiscal Year End
August
Business Domain
Software & Services
IPO Date
14th of August 2020
Category
Technology
Classification
Information Technology
ISIN
US2641201064
Duck Creek Technologies, Inc. provides software-as-a-service core systems to the property and casualty insurance industry in the United States and internationally. The company was founded in 2016 and is based in Boston, Massachusetts. Duck Creek operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. The company has 134.12 M outstanding shares of which 3.25 M shares are currently shorted by investors with about 2.37 days to cover. More on Duck Creek Technologies

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Duck Creek Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Duck Creek's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Duck Creek or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Duck Creek generated a negative expected return over the last 90 days
Duck Creek has high historical volatility and very poor performance
The company reported the last year's revenue of 293.06 M. Reported Net Loss for the year was (11.51 M) with profit before taxes, overhead, and interest of 150.26 M.
Duck Creek has a frail financial position based on the latest SEC disclosures
About 75.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.marketbeat.com: Duck Creek Technologies Updates Q4 2022 Earnings Guidance - MarketBeat
New SymbolDCT1
CEO and DirectorPhilip Hawkins
Fama & French Classification
Average Analyst Recommendation
Analysts covering Duck Creek report their recommendations after researching Duck Creek's financial statements, talking to executives and customers, or listening in on Duck Creek's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Duck Creek Technologies. The Duck Creek consensus assessment is calculated by taking the average forecast from all of the analysts covering Duck Creek.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Duck Creek Technologies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Duck Creek Technologies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares154.6 M150.8 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted155.1 M150.8 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations(10.3 M)(10 M)
Fairly Down
Increasing
Slightly volatile
Total Assets890.4 M970.8 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities121.7 M130.4 M
Significantly Down
Increasing
Slightly volatile
Current Assets418.9 M518.7 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities94.5 M100.8 M
Notably Down
Increasing
Slightly volatile
Total Debt25.9 M29.2 M
Fairly Down
Increasing
Slightly volatile
Gross Margin0.520.52
Steady
Decreasing
Slightly volatile
Asset Turnover0.280.28
Steady
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Duck Creek's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Duck Creek's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Duck Creek's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Duck Creek's financial leverage. It provides some insight into what part of Duck Creek's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Duck Creek's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Duck Creek deploys its capital and how much of that capital is borrowed.
Liquidity
Duck Creek cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 21.92 M in debt with debt to equity (D/E) ratio of 0.03, which may show that the company is not taking advantage of profits from borrowing. Duck Creek Technologies has a current ratio of 6.81, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Duck Creek until it has trouble settling it off, either with new capital or with free cash flow. So, Duck Creek's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Duck Creek Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Duck Creek to invest in growth at high rates of return. When we think about Duck Creek's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(10.25 Million)
Duck Creek Technologies (DCT) is traded on NASDAQ Exchange in USA. It is located in 555 17th Street, Suite 3700, Denver, CO 80202, United States and employs 1,653 people. Duck Creek is listed under Business Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with total capitalization of 1.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Duck Creek's market, we take the total number of its shares issued and multiply it by Duck Creek'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. Duck Creek Technologies runs under null sector within null industry. The entity has 134.12 M outstanding shares of which 3.25 M shares are currently shorted by investors with about 2.37 days to cover. Duck Creek Technologies has about 365.19 M in cash with 1.91 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
Check Duck Creek Probability Of Bankruptcy
Ownership
Duck Creek Technologies retains a total of 134.12 Million outstanding shares. The majority of Duck Creek Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Duck Creek Technologies to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Duck Creek. Please pay attention to any change in the institutional holdings of Duck Creek Technologies as this could imply that something significant has changed or about to change at the company. Also note that almost two million six hundred eighty-two thousand four hundred invesors are currently shorting Duck Creek expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Duck Creek Ownership Details

Duck Creek Stock Price Odds Analysis

What are Duck Creek's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of Duck Creek jumping above the current price in 90 days from now is about 87.68%. The Duck Creek Technologies probability density function shows the probability of Duck Creek stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2585 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Duck Creek will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Duck Creek Technologies is significantly underperforming DOW.
  Odds Below 14.07HorizonTargetOdds Above 14.07
12.26%90 days
 14.07 
87.68%
Based on a normal probability distribution, the odds of Duck Creek to move above the current price in 90 days from now is about 87.68 (This Duck Creek Technologies probability density function shows the probability of Duck Creek Stock to fall within a particular range of prices over 90 days) .

Duck Creek Historical Income Statement

Duck Creek Technologies Income Statement is one of the three primary financial statements used for reporting Duck Creek's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Duck Creek Technologies revenue and expense. Duck Creek Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Duck Creek Interest Expense is comparatively stable at the moment as compared to the past year. Duck Creek reported Interest Expense of 90,000 in 2021. Weighted Average Shares is likely to gain to about 154.6 M in 2022, whereas Direct Expenses is likely to drop slightly above 84.4 M in 2022. View More Fundamentals

Duck Creek Stock Against Markets

Picking the right benchmark for Duck Creek stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Duck Creek stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Duck Creek is critical whether you are bullish or bearish towards Duck Creek Technologies at a given time.

Similar Equity Warning - DCT

Duck Creek Technologies was forked

The entity Duck Creek Technologies with a symbol DCT was recently forked. You can potentially use DCT INDUSTRIAL TRUST with a symbol DCT1 from now on.

Duck Creek Corporate Directors

Duck Creek corporate directors refer to members of a Duck Creek board of directors. The board of directors generally takes responsibility for the Duck Creek's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Duck Creek's board members must vote for the resolution. The Duck Creek board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Tripp Hardin - Independent DirectorProfile
Marilyn Alexander - Independent DirectorProfile
Tobias Hartmann - Independent DirectorProfile
John Pharris - Managing Director of West Coast RegionProfile

Invested in Duck Creek Technologies?

You need to understand the risk of investing before taking a position in Duck Creek. The danger of trading Duck Creek Technologies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Duck Creek is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Duck Creek. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Duck Creek Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Duck Creek Technologies information on this page should be used as a complementary analysis to other Duck Creek'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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Duck Creek Technologies price analysis, check to measure Duck Creek'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 Duck Creek is operating at the current time. Most of Duck Creek's value examination focuses on studying past and present price action to predict the probability of Duck Creek's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Duck Creek's price. Additionally, you may evaluate how the addition of Duck Creek to your portfolios can decrease your overall portfolio volatility.
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Is Duck Creek'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 Duck Creek. If investors know Duck Creek 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 Duck Creek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
1.9 B
Quarterly Revenue Growth YOY
0.065
Return On Assets
-0.0031
Return On Equity
-0.0157
The market value of Duck Creek Technologies is measured differently than its book value, which is the value of Duck Creek that is recorded on the company's balance sheet. Investors also form their own opinion of Duck Creek's value that differs from its market value or its book value, called intrinsic value, which is Duck Creek'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 Duck Creek's market value can be influenced by many factors that don't directly affect Duck Creek'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 Duck Creek's value and its price as these two are different measures arrived at by different means. Investors typically determine Duck Creek value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duck Creek'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.