Cerence Net Worth
Cerence Net Worth Breakdown | CRNC |
Cerence Net Worth Analysis
Cerence's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Cerence's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Cerence's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Cerence's net worth analysis. One common approach is to calculate Cerence's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Cerence's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Cerence's net worth. This approach calculates the present value of Cerence's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Cerence's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Cerence's net worth. This involves comparing Cerence's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Cerence's net worth relative to its peers.
To determine if Cerence is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cerence's net worth research are outlined below:
Cerence had very high historical volatility over the last 90 days | |
Cerence has high likelihood to experience some financial distress in the next 2 years | |
The company reported the previous year's revenue of 331.5 M. Net Loss for the year was (588.08 M) with profit before overhead, payroll, taxes, and interest of 178.58 M. | |
Over 77.0% of the company shares are held by institutions such as insurance companies |
Cerence uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cerence. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cerence's 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.
6th of February 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
25th of November 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
30th of September 2023 Last Financial Announcement | View |
Follow Cerence's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 405.33 M.Project Cerence's profitablity
The company has Profit Margin (PM) of (1.32) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.26 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.26.When accessing Cerence's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Cerence's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cerence's profitability and make more informed investment decisions.
Please note, the presentation of Cerence's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cerence's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cerence's management manipulating its earnings.
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cerence insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cerence's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cerence insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cerence time-series forecasting models is one of many Cerence's stock analysis techniques 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 Cerence'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 market movement and maximize returns from investment trading.
Cerence Earnings per Share Projection vs Actual
Cerence Corporate Management
Katherine Roman | Corporate VP | Profile | |
Dennis Close | VP Treasurer | Profile | |
Nils Lenke | VP Applications | Profile | |
Bridget Collins | Chief Officer | Profile | |
Daniel Tempesta | Chief Officer | Profile | |
Sachin Sahney | Chief Officer | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Business Services space 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 Cerence. If investors know Cerence 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 Cerence 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 Cerence is measured differently than its book value, which is the value of Cerence that is recorded on the company's balance sheet. Investors also form their own opinion of Cerence's value that differs from its market value or its book value, called intrinsic value, which is Cerence'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 Cerence's market value can be influenced by many factors that don't directly affect Cerence'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 Cerence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cerence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cerence'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.