Zacks Research Upgrades Creative Realities (NASDAQ:CREX) to Hold

Creative Realities (NASDAQ:CREX) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

A number of other research firms have also recently weighed in on CREX. Weiss Ratings restated a “sell (d)” rating on shares of Creative Realities in a research note on Friday, March 27th. Alliance Global Partners reissued a “buy” rating on shares of Creative Realities in a report on Wednesday, April 15th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Creative Realities Trading Up 2.0%

Creative Realities stock opened at $4.13 on Monday. Creative Realities has a 12-month low of $2.19 and a 12-month high of $4.42. The firm has a market capitalization of $43.65 million, a price-to-earnings ratio of -2.21 and a beta of 1.48. The firm has a 50 day moving average of $3.82 and a 200 day moving average of $3.47. The company has a current ratio of 0.73, a quick ratio of 0.55 and a debt-to-equity ratio of 3.70.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($0.28). The firm had revenue of $16.35 million for the quarter, compared to analysts’ expectations of $16.52 million. Creative Realities had a negative net margin of 29.92% and a negative return on equity of 59.08%. As a group, research analysts predict that Creative Realities will post 0.43 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cerity Partners LLC lifted its position in Creative Realities by 5.1% during the second quarter. Cerity Partners LLC now owns 331,926 shares of the company’s stock valued at $1,119,000 after purchasing an additional 16,000 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Creative Realities by 18.6% in the 3rd 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 during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Creative Realities during the 3rd quarter valued at about $141,000. Goldman Sachs Group Inc. raised its position in shares of Creative Realities by 21.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 34,714 shares of the company’s stock valued at $91,000 after buying an additional 6,122 shares in the last quarter. Finally, Rothschild Wealth LLC bought a new position in shares of Creative Realities in the 4th quarter valued at about $587,000. 41.32% of the stock is owned by hedge funds and other institutional investors.

About Creative Realities

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.