Is Cannae Holdings Stock a Good Investment?
Cannae Holdings Investment Advice | CNNE |
- Examine Cannae Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Cannae Holdings' leadership team and their track record. Good management can help Cannae Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Multi-Sector Holdings space and any emerging trends that could impact Cannae Holdings' business and its evolving consumer preferences.
- Compare Cannae Holdings' performance and market position to its competitors. Analyze how Cannae Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if Cannae Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Cannae Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Cannae Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Cannae Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Cannae Holdings Stock
Researching Cannae Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). 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 0.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cannae Holdings recorded a loss per share of 4.9. The entity last dividend was issued on the 17th of December 2024.
To determine if Cannae Holdings 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 Cannae Holdings' research are outlined below:
| Cannae Holdings 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. Note, when we think about Cannae Holdings' use of debt, we should always consider it together with its 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 (87.8 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 thelincolnianonline.com: Cannae Holdings, Inc. Shares Sold by Thompson Siegel Walmsley LLC |
Cannae Holdings 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 Cannae Holdings. 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 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 |
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. Below are the table of largest EPS Surprises Cannae Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-05-09 | 2019-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2017-05-03 | 2017-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2017-10-25 | 2017-09-30 | -0.06 | -0.08 | -0.02 | 33 | ||
2017-02-01 | 2016-12-31 | 0.01 | -0.03 | -0.04 | 400 | ||
2016-04-27 | 2016-03-31 | 0.04 | 0.08 | 0.04 | 100 | ||
2019-03-14 | 2018-12-31 | -0.09 | -0.02 | 0.07 | 77 | ||
2018-05-09 | 2018-03-31 | -0.09 | -0.02 | 0.07 | 77 | ||
2016-11-02 | 2016-09-30 | 0.06 | -0.01 | -0.07 | 116 |
Cannae Holdings Target Price Consensus
Cannae target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Cannae Holdings' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Strong Buy |
Most Cannae analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Cannae stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Cannae Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCannae Holdings Target Price Projection
Cannae Holdings' current and average target prices are 21.71 and 31.85, respectively. The current price of Cannae Holdings is the price at which Cannae Holdings is currently trading. On the other hand, Cannae Holdings' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Cannae Holdings Market Quote on 28th of November 2024
Target Price
Analyst Consensus On Cannae Holdings Target Price
Cannae Holdings Analyst Ratings
Cannae Holdings' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Cannae Holdings stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Cannae Holdings' financials, market performance, and future outlook by experienced professionals. Cannae Holdings' historical ratings below, therefore, can serve as a valuable tool for investors.Know Cannae Holdings' Top 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 | Arex Capital Management, Lp | 2024-09-30 | 1.2 M | Driehaus Capital Management Llc | 2024-06-30 | 1 M | Poehling Capital Management Inc | 2024-06-30 | 715 K | Carronade Capital Management Lp | 2024-09-30 | 704.3 K | Thompson, Siegel & Walmsley Llc | 2024-09-30 | 642.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 615.2 K | Northern Trust Corp | 2024-09-30 | 598.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 596.6 K | Neuberger Berman Group Llc | 2024-06-30 | 578.7 K | River Road Asset Management, Llc | 2024-09-30 | 5.7 M | Blackrock Inc | 2024-06-30 | 5.6 M |
Cannae Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.36 B.Market Cap |
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Cannae Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.12) | (0.11) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.12) | (0.11) | |
| Return On Equity | (0.13) | (0.13) |
Determining Cannae Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if Cannae Holdings is a good buy. For example, gross profit margin measures Cannae Holdings' 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 Cannae Holdings' profitability and make more informed investment decisions.
Please note, the presentation of Cannae Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cannae Holdings' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Cannae Holdings' management manipulating its earnings.
Evaluate Cannae Holdings' management efficiency
Cannae Holdings has return on total asset (ROA) of (0.0334) % which means that it has lost $0.0334 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1516) %, 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. The current year's Return On Tangible Assets is expected to grow to -0.11. In addition to that, Return On Capital Employed is expected to decline to -0.05. At present, Cannae Holdings' Total Current Assets are projected to decrease significantly based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.06, whereas Non Current Assets Total are forecasted to decline to about 2.3 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.46 | 20.42 | |
| Tangible Book Value Per Share | 30.50 | 18.22 | |
| Enterprise Value Over EBITDA | (10.52) | (11.04) | |
| Price Book Value Ratio | 0.62 | 1.23 | |
| Enterprise Value Multiple | (10.52) | (11.04) | |
| Price Fair Value | 0.62 | 1.23 | |
| Enterprise Value | 3 B | 1.8 B |
Leadership effectiveness at Cannae Holdings is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0221 | Forward Dividend Yield 0.0221 | Forward Dividend Rate 0.48 | Beta 0.866 |
Basic technical analysis of Cannae Stock
As of the 28th of November, Cannae Holdings shows the Risk Adjusted Performance of 0.0817, mean deviation of 1.27, and Downside Deviation of 1.52. 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. 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 21.71 per share. Given that Cannae Holdings has jensen alpha of 0.0218, 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' 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' Outstanding Corporate Bonds
Cannae Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cannae Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cannae bonds can be classified according to their maturity, which is the date when Cannae Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Cannae Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Cannae Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0817 | |||
| Market Risk Adjusted Performance | 0.1503 | |||
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.33 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 1001.18 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.7 | |||
| Information Ratio | 0.0206 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0222 | |||
| Treynor Ratio | 0.1403 | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.13 | |||
| Downside Variance | 2.32 | |||
| Semi Variance | 1.77 | |||
| Expected Short fall | (1.39) | |||
| Skewness | 0.1502 | |||
| Kurtosis | (0.16) |
| Risk Adjusted Performance | 0.0817 | |||
| Market Risk Adjusted Performance | 0.1503 | |||
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.33 | |||
| Downside Deviation | 1.52 | |||
| Coefficient Of Variation | 1001.18 | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.7 | |||
| Information Ratio | 0.0206 | |||
| Jensen Alpha | 0.0218 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0222 | |||
| Treynor Ratio | 0.1403 | |||
| Maximum Drawdown | 6.85 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.13 | |||
| Downside Variance | 2.32 | |||
| Semi Variance | 1.77 | |||
| Expected Short fall | (1.39) | |||
| Skewness | 0.1502 | |||
| Kurtosis | (0.16) |
Consider Cannae Holdings' intraday 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.
| Accumulation Distribution | 5751.66 | |||
| Daily Balance Of Power | (0.06) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 21.88 | |||
| Day Typical Price | 21.82 | |||
| Price Action Indicator | (0.18) | |||
| Period Momentum Indicator | (0.03) |
Cannae Holdings Corporate Filings
F3 | 25th of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 15th of November 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 |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 9th of August 2024 Other Reports | ViewVerify |
Cannae Stock media impact
Far too much social signal, news, headlines, and media speculation about Cannae Holdings that are available to investors today. That information is available publicly through Cannae media outlets and privately through word of mouth or via Cannae internal channels. However, regardless of the origin, that massive amount of Cannae data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cannae Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cannae Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cannae Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cannae Holdings alpha.
Cannae Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Cannae Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cannae Holdings Corporate Directors
| Hugh Harris | Independent Director | Profile | |
| Frank Willey | Independent Director | Profile | |
| Erika Meinhardt | Independent Director | Profile | |
| Frank Martire | Lead Independent Director | Profile |
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 closely tied 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Multi-Sector Holdings 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 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) | Dividend Share 0.24 | Earnings Share (4.90) | Revenue Per Share 6.962 | Quarterly Revenue Growth (0.21) |
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.
In summary, please note that there is a difference between Cannae Holdings' value and its price, as these two are different measures arrived at by various 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.