Creative Realities (NASDAQ:CREX) Price Target Raised to $8.00 at LADENBURG THALM/SH SH

Creative Realities (NASDAQ:CREX) had its price target hoisted by LADENBURG THALM/SH SH from $7.50 to $8.00 in a research note published on Friday,Benzinga reports. LADENBURG THALM/SH SH currently has a buy rating on the stock.

Several other brokerages have also recently issued reports on CREX. Weiss Ratings restated a “sell (d-)” rating on shares of Creative Realities in a report on Friday, July 17th. Alliance Global Partners reiterated a “buy” rating on shares of Creative Realities in a research note on Friday, July 24th. Finally, Zacks Research cut Creative Realities from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Creative Realities has a consensus rating of “Hold” and an average target price of $8.00.

Creative Realities Price Performance

CREX opened at $3.28 on Friday. The company’s 50-day simple moving average is $3.56 and its two-hundred day simple moving average is $3.56. The company has a debt-to-equity ratio of 3.70, a quick ratio of 0.55 and a current ratio of 0.73. The stock has a market capitalization of $34.67 million, a P/E ratio of -1.55 and a beta of 1.50. Creative Realities has a 52-week low of $2.19 and a 52-week high of $4.42.

Creative Realities (NASDAQ:CREX) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.12). Creative Realities had a negative return on equity of 88.61% and a negative net margin of 29.29%.The company had revenue of $21.51 million during the quarter, compared to the consensus estimate of $21.73 million. As a group, analysts predict that Creative Realities will post 0.38 EPS for the current year.

Insider Buying and Selling

In other Creative Realities news, CFO Tamra L. Koshewa acquired 28,571 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were bought at an average price of $3.50 per share, with a total value of $99,998.50. Following the completion of the acquisition, the chief financial officer owned 28,571 shares in the company, valued at $99,998.50. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard C. Mills bought 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were acquired at an average price of $3.50 per share, with a total value of $700,000.00. Following the completion of the transaction, the chief executive officer directly owned 952,601 shares of the company’s stock, valued at $3,334,103.50. This trade represents a 26.57% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 26.77% of the company’s stock.

Institutional Investors Weigh In On Creative Realities

A number of hedge funds have recently modified their holdings of the business. AWM Investment Company Inc. bought a new position in Creative Realities in the 2nd quarter worth $826,000. BlackRock Inc. bought a new stake in Creative Realities during the second quarter valued at about $133,000. Dimensional Fund Advisors LP grew its holdings in Creative Realities by 13.5% during the first quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock valued at $189,000 after purchasing an additional 6,513 shares during the period. North Star Investment Management Corp. purchased a new stake in Creative Realities in the first quarter worth about $550,000. Finally, XTX Topco Ltd purchased a new stake in Creative Realities in the fourth quarter worth about $66,000. Institutional investors own 41.32% of the company’s stock.

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.