Creative Realities (NASDAQ:CREX) Stock Rating Upgraded by Zacks Research

Creative Realities (NASDAQ:CREX) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other research firms also recently commented on CREX. LADENBURG THALM/SH SH raised their price objective on shares of Creative Realities from $7.50 to $8.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Weiss Ratings reissued a “sell (d-)” rating on shares of Creative Realities in a report on Friday, July 17th. Finally, Alliance Global Partners restated a “buy” rating on shares of Creative Realities in a research report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $8.00.

Creative Realities Price Performance

NASDAQ CREX opened at $2.94 on Wednesday. The company has a market cap of $39.78 million, a PE ratio of -1.39 and a beta of 1.50. Creative Realities has a 52 week low of $2.21 and a 52 week high of $4.42. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 2.35. The firm’s 50-day simple moving average is $3.40 and its two-hundred day simple moving average is $3.55.

Creative Realities (NASDAQ:CREX) last issued its earnings results on Wednesday, August 12th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.12). The business had revenue of $21.51 million for the quarter, compared to the consensus estimate of $21.73 million. Creative Realities had a negative return on equity of 88.21% and a negative net margin of 29.29%. Research analysts predict that Creative Realities will post 0.31 earnings per share for the current year.

Insider Activity

In related news, CFO Tamra L. Koshewa purchased 28,571 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The shares were purchased at an average cost of $3.50 per share, for a total transaction of $99,998.50. Following the completion of the transaction, the chief financial officer directly owned 28,571 shares in the company, valued at approximately $99,998.50. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Richard C. Mills acquired 200,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was purchased at an average price of $3.50 per share, with a total value of $700,000.00. Following the completion of the transaction, the chief executive officer directly owned 952,601 shares of the company’s stock, valued at $3,334,103.50. This trade represents a 26.57% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 26.77% of the company’s stock.

Institutional Trading of Creative Realities

Several institutional investors and hedge funds have recently bought and sold shares of CREX. Bridgeway Capital Management LLC bought a new position in Creative Realities in the 4th quarter valued at $26,000. XTX Topco Ltd bought a new position in shares of Creative Realities in the fourth quarter worth $66,000. Goldman Sachs Group Inc. raised its position in shares of Creative Realities by 21.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock worth $91,000 after buying an additional 6,122 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Creative Realities by 18.6% in the third quarter. Dimensional Fund Advisors LP now owns 48,131 shares of the company’s stock worth $110,000 after buying an additional 7,560 shares in the last quarter. Finally, BlackRock Inc. bought a new stake in Creative Realities during the second quarter valued at $133,000. 41.32% of the stock is currently owned by hedge funds and other institutional investors.

Creative Realities Company Profile

Creative Realities, Inc (NASDAQ: CREX) is a technology company specializing in digital engagement solutions for retail, restaurant, corporate and public-facing environments. Headquartered in Dallas, Texas, the company develops and delivers integrated hardware and software platforms designed to create dynamic, interactive experiences. Its offerings include digital signage networks, interactive kiosks and video training systems, all powered by an enterprise-grade content management system that enables clients to deploy, schedule and monitor multimedia content across multiple locations.

The company’s flagship software platform provides real-time analytics, remote asset management and customizable user interfaces that support both touchscreen and traditional display formats.