Creative Realities (NASDAQ:CREX) Upgraded at Zacks Research

Creative Realities (NASDAQ:CREX) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Other research analysts have also recently issued reports about the stock. LADENBURG THALM/SH SH boosted their price target on shares of Creative Realities from $7.50 to $8.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Alliance Global Partners reaffirmed a “buy” rating on shares of Creative Realities in a research report on Friday, July 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Creative Realities in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Creative Realities presently has a consensus rating of “Hold” and an average target price of $8.00.

Creative Realities Trading Up 3.2%

Shares of Creative Realities stock opened at $2.94 on Wednesday. The company has a market capitalization of $39.78 million, a P/E ratio of -1.39 and a beta of 1.50. The stock has a fifty day simple moving average of $3.40 and a 200 day simple moving average of $3.55. Creative Realities has a 12-month low of $2.21 and a 12-month high of $4.42. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 2.35.

Creative Realities (NASDAQ:CREX) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.12). Creative Realities had a negative net margin of 29.29% and a negative return on equity of 88.21%. The company had revenue of $21.51 million for the quarter, compared to the consensus estimate of $21.73 million. On average, sell-side analysts anticipate that Creative Realities will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Creative Realities

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

Institutional Trading of Creative Realities

Several hedge funds have recently added to or reduced their stakes in CREX. AWM Investment Company Inc. purchased a new position in Creative Realities in the second quarter valued at about $826,000. BlackRock Inc. purchased a new stake in shares of Creative Realities during the 2nd quarter worth approximately $133,000. Dimensional Fund Advisors LP raised its holdings in shares of Creative Realities by 13.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock worth $189,000 after purchasing an additional 6,513 shares during the period. North Star Investment Management Corp. bought a new stake in shares of Creative Realities in the 1st quarter worth approximately $550,000. Finally, XTX Topco Ltd bought a new stake in shares of Creative Realities in the 4th quarter worth approximately $66,000. Institutional investors own 41.32% of the company’s stock.

Creative Realities Company Profile

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.