Zacks: Brokerages Set $6.75 Price Target for Sajan Inc. (SAJA)
Sajan Inc. (NASDAQ:SAJA) has earned a consensus broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy rating.
Analysts have set a 12 month consensus target price of $6.75 for the company, according to Zacks. Zacks has also assigned Sajan an industry rank of 115 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Sajan from a “buy” rating to a “hold” rating in a research note on Thursday, July 14th.
Shares of Sajan (NASDAQ:SAJA) traded up 0.0000% during trading on Tuesday, reaching $3.8349. The firm’s market capitalization is $18.34 million. Sajan has a 52 week low of $2.45 and a 52 week high of $5.60. The stock has a 50-day moving average price of $4.09 and a 200 day moving average price of $4.30.
Sajan (NASDAQ:SAJA) last released its earnings results on Thursday, August 4th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by $0.09. Sajan had a negative net margin of 1.25% and a negative return on equity of 6.27%. Equities research analysts forecast that Sajan will post ($0.07) EPS for the current year.
Sajan, Inc (Sajan) is a provider of language translation solutions. The Company provides language translation services and technology solutions to companies located throughout the world, particularly in the technology, consumer products, medical and life sciences, financial services, manufacturing and retail industries.
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