Analysts Offer Predictions for Creative Realities, Inc.’s Q1 2024 Earnings (NASDAQ:CREX)

Creative Realities, Inc. (NASDAQ:CREX) – Research analysts at Taglich Brothers decreased their Q1 2024 earnings estimates for Creative Realities in a research report issued on Monday, March 25th. Taglich Brothers analyst H. Halpern now forecasts that the company will post earnings of ($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 Trading Up 0.5 %

NASDAQ CREX opened at $3.77 on Thursday. The company has a market capitalization of $39.39 million, a PE ratio of -11.09 and a beta of 3.15. The company has a fifty day moving average of $3.53 and a 200 day moving average of $2.52. Creative Realities has a 1 year low of $1.22 and a 1 year high of $4.35. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.92 and a quick ratio of 0.79.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Perritt Capital Management Inc. acquired a new position in Creative Realities during the third quarter valued at $39,000. Sargent Investment Group LLC raised its position in shares of Creative Realities by 10.5% in the third quarter. Sargent Investment Group LLC now owns 316,200 shares of the company’s stock worth $490,000 after acquiring an additional 30,000 shares during the period. Perkins Capital Management Inc. acquired a new position in shares of Creative Realities in the third quarter worth about $155,000. Vanguard Group Inc. raised its position in shares of Creative Realities by 22.5% in the first quarter. Vanguard Group Inc. now owns 211,625 shares of the company’s stock worth $174,000 after acquiring an additional 38,862 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of Creative Realities in the second quarter worth about $122,000. 41.32% of the stock is currently owned by institutional investors and hedge funds.

Creative Realities Company Profile

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.