Short Interest in Cannae Holdings, Increases
December 22, 2022
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Cannae Holdings Stock Intrinsic Value – Cannae Holdings ($NYSE:CNNE), Inc. is a diversified holding company that owns, operates and invests in a variety of businesses. It is a public company whose shares are listed on the New York Stock Exchange, which makes it easy for investors to access its common stock. The company recently released its Short Interest Report, which provides an update on the level of short interest in the company’s stock. Short interest is the total number of shares of a security that have been sold short, but have not yet been repurchased and returned to the lender. Investors can use short interest as a measure of market sentiment for a particular security. The higher the short interest, the greater the bearish sentiment, and vice versa.
The Short Interest Report for Cannae Holdings, Inc. shows that short interest in the company’s stock has increased over the past few weeks. This increase in short interest is likely due to investors expecting the company’s share price to fall in the near future. Despite the increase in short interest, Cannae Holdings, Inc.’s share price has been relatively resilient. This suggests that investors are still optimistic about the company’s prospects, despite the increase in short interest. Overall, the Short Interest Report for Cannae Holdings, Inc. reveals that short interest has increased over the past few weeks. While this may be an indication of bearish sentiment among some investors, it does not appear to have had much of an impact on the company’s share price so far.
Stock Price
On Monday, the stock opened at $20.6 and closed at $20.0, a decrease of 3.7% from its previous closing price of $20.8. This suggests that investors are feeling bearish about the company’s future prospects and are betting against it. The increasing short interest could be indicative of a shift in sentiment among investors, with many taking a more cautious stance towards the company. With so much uncertainty in the markets right now, it makes sense that investors would be hesitant to commit to long-term investments in Cannae Holdings, Inc. It is important to note that this increase in short interest does not necessarily mean that Cannae Holdings, Inc. is doomed to failure.
The media coverage of the company has been mostly positive and there are still plenty of investors who remain optimistic about its future prospects. In any case, the increase in short interest should be monitored closely by investors. It could be a sign that the company’s fortunes may be changing, and it is important to stay informed about what is happening with Cannae Holdings, Inc. The stock market is unpredictable, and it is always wise to remain informed about potential shifts in sentiment towards a company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cannae Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 688.3 | -564.9 | -38.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cannae Holdings. More…
| Operations | Investing | Financing |
| -221.3 | 727.6 | -369.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cannae Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.18k | 455.6 | 34.74 |
Key Ratios Snapshot
Some of the financial key ratios for Cannae Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -15.7% | – | -57.0% |
| FCF Margin | ROE | ROA |
| -34.5% | -12.2% | -10.4% |
VI Analysis – Cannae Holdings Stock Intrinsic Value
CANNAE HOLDINGS is a company whose fundamental indicators reflect its long-term potential. The VI app makes it easy to analyze the company’s metrics and make a fair assessment of its stock. According to VI Line, CANNAE HOLDINGS’ fair value per share is $31.1, however, the current trading price of the stock is $20, indicating that it is undervalued by 36%. This discrepancy between the fair value and current trading price may be attributed to a variety of factors. It could be due to a lack of investor confidence or it could be the result of a recent market correction. It could also be because investors do not have enough information about the company or its long-term prospects. Whatever the underlying cause, it presents an excellent opportunity for investors who are willing to look beyond the short-term fluctuations and invest in the long-term potential of CANNAE HOLDINGS. Investors should consider the fair value of CANNAE HOLDINGS when making their investment decisions. While the current price may appear attractive, it may not be reflective of the company’s true worth. By taking into account the fair value and other indicators, investors can make a more informed decision and possibly capitalize on the current undervaluation of CANNAE HOLDINGS. More…
VI Peers
The company operates in three segments: restaurants, catering, and other food and beverage services. Cannae Holdings Inc has a strong presence in the United States with over 8,000 locations. The company’s competitors include Sinjia Land Ltd, Taste Gourmet Group Ltd, Southern Concepts Restaurant Group Inc.
– Sinjia Land Ltd ($SGX:5HH)
Sinjia Land Ltd is a real estate company that focuses on the development, acquisition, and management of commercial and residential properties in China. The company has a market capitalization of 4.56 million as of 2022 and a return on equity of -34.26%. The company’s primary business activities include the development of residential and commercial properties, as well as the management and leasing of these properties.
– Taste Gourmet Group Ltd ($SEHK:08371)
Taste Gourmet Group Ltd is a food and beverage company that manufactures, markets, and distributes gourmet food products. The company has a market capitalization of 423.89 million as of 2022 and a return on equity of 16.42%. The company’s products include soups, sauces, pastas, entrees, and desserts. The company also has a line of gourmet food products for pets.
– Southern Concepts Restaurant Group Inc ($OTCPK:RIBS)
Since its inception in 1981, Southern Concepts Restaurant Group has been providing high quality food and exceptional service to its customers. The company operates a chain of restaurants in the southeastern United States, offering a variety of seafood, steak, and barbecue dishes. Southern Concepts Restaurant Group has a market cap of 134.51k and a ROE of -322.77%. The company’s primary focus is on providing a great dining experience for its customers, and it has been successful in doing so for over 35 years.
Summary
Investing in Cannae Holdings, Inc. can be a lucrative opportunity for those looking to turn a profit in the stock market. The company has recently seen an increase in short interest, indicating that investors are expecting the stock to move lower in the near future. Despite this, the current media coverage of Cannae Holdings is mostly positive and the stock price has actually moved down slightly on the same day that short interest increased. Investors looking to invest in Cannae Holdings should research the company thoroughly to gain an understanding of their operations, financials, and outlook. While short-term traders may be attracted to the potential for a quick profit, it is important to remember that stock prices can be volatile and there is no guarantee of success. Long-term investors should consider the company’s potential for growth and stability over the long-term.
In addition to researching Cannae Holdings, investors should also consult with a financial advisor or broker before investing. This will ensure that the investment decision is based on sound advice and that the investor has a clear understanding of the risks involved. Investors should also keep up to date on news related to Cannae Holdings and the stock market in general, as this can help inform their decisions. Overall, investing in Cannae Holdings can be a profitable endeavor if done correctly. By researching the company and consulting with a financial advisor, investors can gain an understanding of the risks and rewards associated with investing in Cannae Holdings and make informed decisions about their investments.
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