Shares of Cannae Holdings Inc (NYSE:CNNE) have earned a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.

Analysts have set a 12-month consensus target price of $18.75 for the company and are forecasting that the company will post ($0.07) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Cannae an industry rank of 71 out of 265 based on the ratings given to its competitors.

A number of equities research analysts recently commented on CNNE shares. TheStreet upgraded shares of Cannae from a “c-” rating to a “b-” rating in a report on Wednesday, December 13th. Zacks Investment Research lowered shares of Cannae from a “hold” rating to a “sell” rating in a report on Monday, January 8th.

Several large investors have recently modified their holdings of the stock. Hollencrest Capital Management acquired a new stake in shares of Cannae during the fourth quarter worth $1,891,000. Fox Run Management L.L.C. acquired a new stake in shares of Cannae during the fourth quarter worth $314,000. Finally, Schwab Charles Investment Management Inc. acquired a new stake in shares of Cannae during the fourth quarter worth $18,148,000. Institutional investors and hedge funds own 70.96% of the company’s stock.

Cannae (NYSE:CNNE) traded down $0.15 on Friday, reaching $18.25. 91,021 shares of the company’s stock traded hands, compared to its average volume of 202,493. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1,298.51, a price-to-earnings ratio of 11.27 and a beta of 0.80. Cannae has a 12 month low of $16.16 and a 12 month high of $18.90.

Cannae (NYSE:CNNE) last posted its earnings results on Wednesday, October 25th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.01). Cannae had a return on equity of 1.76% and a net margin of 7.05%. research analysts forecast that Cannae will post 1.48 earnings per share for the current fiscal year.

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About Cannae

Cannae Holdings, Inc is a diversified holding company. The Company has investments in a variety of industries including Restaurants, Technology Enabled Healthcare Services, Financial Services and more. The Company holds majority and minority equity investment stakes in a number of entities, including Ceridian Holdings, LLC, American Blue Ribbon Holdings, and LLC and T-System Holding LLC.

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