Cray Inc (NASDAQ:CRAY) is scheduled to be releasing its earnings data after the market closes on Monday, July 31st. Analysts expect Cray to post earnings of ($0.53) per share for the quarter.

Cray (NASDAQ:CRAY) last announced its quarterly earnings results on Tuesday, May 2nd. The technology company reported ($0.71) EPS for the quarter, missing the consensus estimate of ($0.50) by $0.21. The company had revenue of $59.03 million during the quarter, compared to analysts’ expectations of $56.60 million. Cray had a negative return on equity of 2.02% and a negative net margin of 0.61%. On average, analysts expect Cray to post $-1.15 EPS for the current fiscal year and $-0.35 EPS for the next fiscal year.

Shares of Cray Inc (NASDAQ CRAY) opened at 18.55 on Monday. The stock’s market cap is $742.20 million. The firm has a 50-day moving average of $18.09 and a 200 day moving average of $18.99. Cray Inc has a 52 week low of $16.10 and a 52 week high of $32.24.

In other news, Director Stephen C. Kiely sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The shares were sold at an average price of $18.55, for a total value of $37,100.00. Following the transaction, the director now directly owns 20,675 shares of the company’s stock, valued at $383,521.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.00% of the company’s stock.

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Several research firms have issued reports on CRAY. BidaskClub raised shares of Cray from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. ValuEngine raised shares of Cray from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Zacks Investment Research raised shares of Cray from a “sell” rating to a “hold” rating in a report on Tuesday, July 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $23.00 price objective (down from $25.00) on shares of Cray in a report on Wednesday, May 3rd. Finally, TheStreet downgraded shares of Cray from a “c” rating to a “d+” rating in a report on Wednesday, May 3rd. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $32.25.

Cray Company Profile

Cray Inc is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing (HPC) market, primarily categories of systems known as supercomputers. The Company’s segments include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other.

Earnings History for Cray (NASDAQ:CRAY)

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