Taglich Brothers Research Analysts Decrease Earnings Estimates for Creative Realities, Inc. (NASDAQ:CREX)

Creative Realities, Inc. (NASDAQ:CREX) – Taglich Brothers decreased their Q1 2024 earnings per share (EPS) estimates for shares of Creative Realities in a research note issued to investors on Monday, March 25th. Taglich Brothers analyst H. Halpern now forecasts that the company will post earnings per share of ($0.09) for the quarter, down from their previous forecast of $0.02. The consensus estimate for Creative Realities’ current full-year earnings is $0.15 per share.

Creative Realities Price Performance

CREX opened at $3.75 on Thursday. The stock has a fifty day moving average of $3.51 and a 200-day moving average of $2.51. The firm has a market capitalization of $39.18 million, a P/E ratio of -11.03 and a beta of 3.15. Creative Realities has a 12-month low of $1.22 and a 12-month high of $4.35. The company has a quick ratio of 0.79, a current ratio of 0.92 and a debt-to-equity ratio of 0.34.

Creative Realities (NASDAQ:CREX) last released its quarterly earnings data on Thursday, March 21st. The company reported $0.21 earnings per share for the quarter. The business had revenue of $14.46 million during the quarter, compared to analyst estimates of $16.00 million. Creative Realities had a negative return on equity of 6.23% and a negative net margin of 6.50%.

Institutional Trading of Creative Realities

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Creative Realities by 14.2% during the third quarter. Vanguard Group Inc. now owns 94,166 shares of the company’s stock worth $146,000 after acquiring an additional 11,721 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Creative Realities during the fourth quarter worth $28,000. Renaissance Technologies LLC raised its holdings in Creative Realities by 40.3% during the second quarter. Renaissance Technologies LLC now owns 82,203 shares of the company’s stock valued at $251,000 after buying an additional 23,600 shares in the last quarter. Perritt Capital Management Inc. raised its holdings in Creative Realities by 100.0% during the fourth quarter. Perritt Capital Management Inc. now owns 50,000 shares of the company’s stock valued at $118,000 after buying an additional 25,000 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Creative Realities by 60.7% during the second quarter. Geode Capital Management LLC now owns 68,262 shares of the company’s stock valued at $208,000 after buying an additional 25,771 shares in the last quarter. Hedge funds and other institutional investors own 41.32% of the company’s stock.

About Creative Realities

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and Web-based media that enables its customers to engage with their consumers.