Creative Realities, Inc. (NASDAQ:CREX – Free Report) – Stock analysts at Taglich Brothers dropped their FY2023 earnings estimates for Creative Realities in a note issued to investors on Monday, November 13th. Taglich Brothers analyst H. Halpern now expects that the company will post earnings of ($0.52) per share for the year, down from their prior forecast of ($0.40). The consensus estimate for Creative Realities’ current full-year earnings is ($0.40) per share. Taglich Brothers also issued estimates for Creative Realities’ Q1 2024 earnings at $0.02 EPS and Q2 2024 earnings at $0.06 EPS.
Separately, Alliance Global Partners decreased their target price on Creative Realities from $7.50 to $6.00 in a research report on Monday, August 21st.
Creative Realities Trading Up 1.5 %
NASDAQ:CREX opened at $2.01 on Thursday. Creative Realities has a 12 month low of $1.22 and a 12 month high of $4.00. The company has a quick ratio of 0.77, a current ratio of 0.89 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average is $1.70 and its 200 day moving average is $2.40.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its position in shares of Creative Realities by 22.5% in the first quarter. Vanguard Group Inc. now owns 211,625 shares of the company’s stock valued at $174,000 after purchasing an additional 38,862 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Creative Realities in the first quarter valued at approximately $101,000. Advisory Services Network LLC purchased a new position in Creative Realities during the first quarter valued at approximately $30,000. Renaissance Technologies LLC increased its holdings in Creative Realities by 152.4% during the 2nd quarter. Renaissance Technologies LLC now owns 133,500 shares of the company’s stock worth $82,000 after acquiring an additional 80,600 shares during the period. Finally, Millennium Management LLC lifted its stake in Creative Realities by 108.6% in the 2nd quarter. Millennium Management LLC now owns 114,386 shares of the company’s stock worth $70,000 after purchasing an additional 59,542 shares in the last quarter. 9.00% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Creative Realities
In other Creative Realities news, CEO Richard C. Mills purchased 50,000 shares of the stock in a transaction dated Monday, August 21st. The shares were bought at an average price of $2.00 per share, with a total value of $100,000.00. Following the completion of the transaction, the chief executive officer now directly owns 297,712 shares in the company, valued at approximately $595,424. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 16.85% of the stock is currently owned by company insiders.
Creative Realities Company Profile
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.
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