Northland Securities Has Negative View of AZ FY2027 Earnings

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) – Analysts at Northland Securities reduced their FY2027 earnings estimates for shares of A2Z Cust2Mate Solutions in a research note issued to investors on Monday, May 18th. Northland Securities analyst G. Gibas now forecasts that the company will earn $0.51 per share for the year, down from their prior estimate of $0.55. Northland Securities has a “Outperform” rating and a $15.00 price target on the stock. The consensus estimate for A2Z Cust2Mate Solutions’ current full-year earnings is ($0.25) per share.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last released its quarterly earnings results on Friday, May 15th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.03). The firm had revenue of $3.32 million during the quarter, compared to analyst estimates of $3.06 million. A2Z Cust2Mate Solutions had a negative net margin of 415.62% and a negative return on equity of 64.88%.

AZ has been the subject of several other research reports. Wall Street Zen upgraded A2Z Cust2Mate Solutions from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Monday, April 20th. Finally, Zacks Research upgraded A2Z Cust2Mate Solutions to a “hold” rating in a research note on Monday, March 30th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, A2Z Cust2Mate Solutions presently has an average rating of “Hold” and a consensus price target of $15.00.

A2Z Cust2Mate Solutions Stock Up 6.0%

NASDAQ AZ opened at $6.23 on Tuesday. The company has a market capitalization of $277.52 million, a PE ratio of -6.11 and a beta of 1.16. A2Z Cust2Mate Solutions has a 12-month low of $4.97 and a 12-month high of $12.36. The firm’s 50 day moving average is $6.93 and its 200-day moving average is $6.55.

A2Z Cust2Mate Solutions announced that its Board of Directors has authorized a share buyback program on Friday, March 27th that allows the company to repurchase $20.00 million in shares. This repurchase authorization allows the company to repurchase up to 7.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On A2Z Cust2Mate Solutions

Hedge funds have recently made changes to their positions in the stock. Red Door Wealth Management LLC acquired a new stake in A2Z Cust2Mate Solutions in the fourth quarter valued at approximately $91,000. Savant Capital LLC acquired a new stake in shares of A2Z Cust2Mate Solutions in the third quarter valued at about $125,000. Osaic Holdings Inc. acquired a new stake in A2Z Cust2Mate Solutions during the 2nd quarter valued at approximately $146,000. NewEdge Advisors LLC acquired a new stake in shares of A2Z Cust2Mate Solutions during the second quarter worth $148,000. Finally, Regal Partners Ltd acquired a new stake in A2Z Cust2Mate Solutions during the 3rd quarter worth about $153,000. 12.64% of the stock is currently owned by institutional investors and hedge funds.

A2Z Cust2Mate Solutions Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.