Thoughtworks Holding (NASDAQ:TWKS) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 2 | 0 | 1 |
| Last 30D | 0 | 0 | 0 | 0 | 1 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Thoughtworks Holding, presenting an average target of $4.05, a high estimate of $6.00, and a low estimate of $2.50. A 0.25% drop is evident in the current average compared to the previous average price target of $4.06.
Understanding Analyst Ratings: A Comprehensive Breakdown
The perception of Thoughtworks Holding by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| James Schneider | Goldman Sachs | Announces | Sell | $2.50 | - |
| Moshe Katri | Wedbush | Maintains | Outperform | $6.00 | $6.00 |
| Ashwin Shirvaikar | Citigroup | Raises | Neutral | $3.25 | $2.50 |
| David Koning | Baird | Raises | Outperform | $6.00 | $5.00 |
| Ashwin Shirvaikar | Citigroup | Lowers | Neutral | $2.50 | $2.75 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Thoughtworks Holding. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Thoughtworks Holding compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Thoughtworks Holding's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into Thoughtworks Holding's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Thoughtworks Holding analyst ratings.
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Delving into Thoughtworks Holding's Background
Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design, and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.
Thoughtworks Holding's Economic Impact: An Analysis
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Thoughtworks Holding's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -19.04%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Thoughtworks Holding's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -12.42% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -4.05%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -2.38%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Thoughtworks Holding's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.44.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.