Clearwater Analytics (NYSE:CWAN) Announces Quarterly Earnings Results, Misses Estimates By $0.07 EPS

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

Clearwater Analytics Stock Down 2.1 %

Shares of CWAN traded down $0.59 during midday trading on Wednesday, hitting $27.05. The company had a trading volume of 3,264,170 shares, compared to its average volume of 1,991,965. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 2,707.61, a PEG ratio of 7.39 and a beta of 0.72. The company’s 50 day moving average price is $28.08 and its 200 day moving average price is $27.01. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.10. Clearwater Analytics has a 52 week low of $15.62 and a 52 week high of $35.71.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Piper Sandler raised their price target on shares of Clearwater Analytics from $23.00 to $28.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. raised shares of Clearwater Analytics from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $23.00 to $33.00 in a research report on Thursday, November 7th. DA Davidson raised shares of Clearwater Analytics from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $35.00 to $32.00 in a research report on Tuesday, January 14th. Morgan Stanley raised shares of Clearwater Analytics from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $30.00 to $34.00 in a research report on Friday, January 17th. Finally, Oppenheimer increased their price objective on shares of Clearwater Analytics from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $31.33.

Insider Transactions at Clearwater Analytics

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 3,890 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $29.07, for a total transaction of $113,082.30. Following the sale, the executive now owns 6,373 shares in the company, valued at $185,263.11. This represents a 37.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sandeep Sahai sold 139,172 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $28.94, for a total value of $4,027,637.68. Following the sale, the chief executive officer now owns 441,724 shares in the company, valued at $12,783,492.56. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 299,162 shares of company stock valued at $8,386,024. Insiders own 4.60% of the company’s stock.

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.