Creative Realities (NASDAQ:CREX) Posts Quarterly Earnings Results, Misses Estimates By $0.24 EPS

Creative Realities (NASDAQ:CREX) released its quarterly earnings results on Wednesday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.24), Zacks reports. Creative Realities had a negative net margin of 2.56% and a positive return on equity of 2.38%. The firm had revenue of $10.55 million for the quarter, compared to analyst estimates of $13.75 million.

Creative Realities Stock Performance

Shares of NASDAQ CREX traded up $0.01 during trading hours on Thursday, reaching $2.69. The stock had a trading volume of 32,041 shares, compared to its average volume of 77,894. The business’s fifty day moving average is $2.61 and its two-hundred day moving average is $2.72. Creative Realities has a twelve month low of $1.28 and a twelve month high of $4.00. The company has a market cap of $28.24 million, a price-to-earnings ratio of -24.41 and a beta of 1.51. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.01 and a quick ratio of 0.93.

Hedge Funds Weigh In On Creative Realities

A hedge fund recently raised its stake in Creative Realities stock. Dimensional Fund Advisors LP raised its position in shares of Creative Realities, Inc. (NASDAQ:CREX) by 18.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,131 shares of the company’s stock after buying an additional 7,560 shares during the period. Dimensional Fund Advisors LP owned about 0.46% of Creative Realities worth $110,000 as of its most recent filing with the Securities and Exchange Commission. 41.32% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wall Street Zen raised Creative Realities from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Creative Realities in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $6.00.

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 signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include 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.