Cannae Holdings Stock Analysis

CNNE Stock  USD 22.45  0.22  0.99%   
Cannae Holdings is undervalued with Real Value of 26.79 and Target Price of 31.85. The main objective of Cannae Holdings stock analysis is to determine its intrinsic value, which is an estimate of what Cannae Holdings is worth, separate from its market price. There are two main types of Cannae Holdings' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cannae Holdings' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cannae Holdings' stock to identify patterns and trends that may indicate its future price movements.
The Cannae Holdings stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Cannae Holdings is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Cannae Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cannae Holdings' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Cannae Stock Analysis Notes

About 84.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.7. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cannae Holdings recorded a loss per share of 4.27. The entity had not issued any dividends in recent years. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada. Cannae Holdings operates under Restaurants classification in the United States and is traded on New York Stock Exchange. It employs 12938 people. For more info on Cannae Holdings please contact William II at 702-323-7330 or go to https://www.cannaeholdings.com.

Cannae Holdings Quarterly Total Revenue

119.3 Million

Cannae Holdings 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. Cannae Holdings' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cannae Holdings or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company currently holds 261.1 M in liabilities with Debt to Equity (D/E) ratio of 0.11, which may suggest the company is not taking enough advantage from borrowing. Cannae Holdings has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Cannae Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Cannae Holdings' 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 Cannae Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cannae to invest in growth at high rates of return. When we think about Cannae Holdings' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 570 M. Net Loss for the year was (313.4 M) with profit before overhead, payroll, taxes, and interest of 31.2 M.
Cannae Holdings currently holds about 100.6 M in cash with (35.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25.
Cannae Holdings has a poor financial position based on the latest SEC disclosures
Over 84.0% of Cannae Holdings shares are held by institutions such as insurance companies
Latest headline from news.google.com: Cannae Holdings, Inc. Sells 10000000 Shares of Dun Bradstreet Holdings, Inc. Stock - MarketBeat

Cannae Holdings Upcoming and Recent Events

Earnings reports are used by Cannae Holdings 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 Cannae Holdings 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.
28th of February 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Cannae Largest EPS Surprises

Earnings surprises can significantly impact Cannae Holdings' 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
2019-05-09
2019-03-310.060.070.0116 
2017-05-03
2017-03-310.020.01-0.0150 
2017-10-25
2017-09-30-0.06-0.08-0.0233 
View All Earnings Estimates

Cannae Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cannae Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cannae Holdings backward and forwards among themselves. Cannae Holdings' institutional investor refers to the entity that pools money to purchase Cannae Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Bank Of New York Mellon Corp2023-12-31
M
Vr Advisory Services Ltd2023-12-31
907.9 K
Fir Tree Inc2023-12-31
840 K
Charles Schwab Investment Management Inc2023-12-31
805.3 K
Dimensional Fund Advisors, Inc.2023-12-31
797.3 K
Marathon Asset Mgmt Ltd0031-12-31
761.7 K
Thompson, Siegel & Walmsley Llc2023-12-31
743.8 K
Northern Trust Corp2023-12-31
736.1 K
Morgan Stanley - Brokerage Accounts2023-12-31
642.3 K
Blackrock Inc2023-12-31
6.6 M
Vanguard Group Inc2023-12-31
6.3 M
Note, although Cannae Holdings' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cannae Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cannae Holdings's market, we take the total number of its shares issued and multiply it by Cannae Holdings'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 those looking for more risk prefer small-cap and mid-cap equities.

Cannae Profitablity

Cannae Holdings' profitability indicators refer to fundamental financial ratios that showcase Cannae Holdings' ability to generate income relative to its revenue or operating costs. If, let's say, Cannae Holdings is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cannae Holdings' 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 Cannae Holdings' profitability requires more research than a typical breakdown of Cannae Holdings' 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 (0.55) %, 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 (0.47) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.47.
Last ReportedProjected for 2024
Return On Capital Employed(0.05)(0.05)
Return On Assets(0.12)(0.11)
Return On Equity(0.13)(0.13)

Management Efficiency

Cannae Holdings has return on total asset (ROA) of (0.0256) % which means that it has lost $0.0256 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.129) %, meaning that it created substantial loss on money invested by shareholders. Cannae Holdings' management efficiency ratios could be used to measure how well Cannae Holdings manages its routine affairs as well as how well it operates its assets and liabilities. As of March 28, 2024, Return On Capital Employed is expected to decline to -0.05. The current year's Return On Assets is expected to grow to -0.11. At present, Cannae Holdings' Total Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 4.42, whereas Non Current Assets Total are forecasted to decline to about 2.3 B.
Last ReportedProjected for 2024
Price Book Value Ratio 0.62  1.22 
Enterprise Value Multiple(19.69)(20.67)
Price Fair Value 0.62  1.22 
The analysis of Cannae Holdings' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Cannae Holdings' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Cannae Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
0.893

Technical Drivers

As of the 28th of March, Cannae Holdings shows the Downside Deviation of 1.43, risk adjusted performance of 0.0678, and Mean Deviation of 1.22. Cannae Holdings 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 Cannae Holdings, which can be compared to its rivals. Please confirm Cannae Holdings jensen alpha, as well as the relationship between the potential upside and skewness to decide if Cannae Holdings is priced correctly, providing market reflects its regular price of 22.45 per share. Given that Cannae Holdings has jensen alpha of (0.05), we suggest you to validate Cannae Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Cannae Holdings Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cannae Holdings middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cannae Holdings. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Cannae Holdings Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cannae Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cannae Holdings' 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 Cannae Holdings 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.

Cannae Holdings Predictive Daily Indicators

Cannae Holdings 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 Cannae Holdings 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.

Cannae Holdings Corporate Filings

F3
21st of March 2024
An amendment to the original Schedule 13D filing
ViewVerify
F4
20th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
18th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
1st of March 2024
Other Reports
ViewVerify
F3
29th of February 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
13A
28th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
F4
23rd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
22nd of February 2024
Other Reports
ViewVerify

Cannae Holdings Forecast Models

Cannae Holdings' time-series forecasting models are one of many Cannae Holdings' stock analysis techniques aimed at predicting 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 Cannae Holdings' 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.

About Cannae Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cannae Holdings prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cannae 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 Cannae Holdings. By using and applying Cannae Stock analysis, traders can create a robust methodology for identifying Cannae entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin(0.36)(0.35)
Operating Profit Margin(0.21)(0.22)
Net Loss(0.55)(0.52)
Gross Profit Margin 0.13  0.07 

Current Cannae Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cannae 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. Cannae 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
31.85Strong Buy3Odds
Cannae Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cannae 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 Cannae stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cannae Holdings, talking to its executives and customers, or listening to Cannae conference calls.
Cannae Analyst Advice Details

Cannae Stock Analysis Indicators

Cannae Holdings stock analysis indicators help investors evaluate how Cannae Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cannae Holdings shares will generate the highest return on investment. By understating and applying Cannae Holdings stock analysis, traders can identify Cannae Holdings position entry and exit signals to maximize returns.
Begin Period Cash Flow247.7 M
Long Term Debt102.5 M
Common Stock Shares Outstanding73.4 M
Total Stockholder Equity2.3 B
Tax Provision-38.2 M
Quarterly Earnings Growth Y O Y-0.67
Property Plant And Equipment Net202.2 M
Cash And Short Term Investments121.8 M
Cash106.2 M
Accounts Payable36 M
Net Debt154.9 M
50 Day M A21.263
Total Current Liabilities107.5 M
Other Operating Expenses688.9 M
Non Current Assets Total2.5 B
Forward Price Earnings74.0741
Non Currrent Assets Other145.3 M
Stock Based Compensation3.5 M
When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cannae Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Cannae Holdings' price analysis, check to measure Cannae Holdings' 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 Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Cannae Holdings' 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
(4.27)
Revenue Per Share
7.766
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.03)
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.