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

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

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

Creative Realities Stock Down 4.3 %

Shares of NASDAQ:CREX opened at $3.75 on Thursday. Creative Realities has a 52-week low of $1.22 and a 52-week high of $4.35. The firm has a market capitalization of $39.18 million, a P/E ratio of -11.03 and a beta of 3.15. The stock has a 50 day moving average price of $3.51 and a 200-day moving average price of $2.51. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.79 and a current ratio of 0.92.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Creative Realities by 14.2% during the 3rd quarter. Vanguard Group Inc. now owns 94,166 shares of the company’s stock valued at $146,000 after buying an additional 11,721 shares in the last quarter. Citadel Advisors LLC bought a new position in Creative Realities during the 4th quarter valued at approximately $28,000. Renaissance Technologies LLC increased its position in Creative Realities by 40.3% during the 2nd 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. boosted its stake in Creative Realities by 100.0% during the 4th quarter. Perritt Capital Management Inc. now owns 50,000 shares of the company’s stock valued at $118,000 after purchasing an additional 25,000 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Creative Realities by 60.7% during the 2nd quarter. Geode Capital Management LLC now owns 68,262 shares of the company’s stock valued at $208,000 after purchasing an additional 25,771 shares during the last quarter. 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.