LADENBURG THALM/SH SH Forecasts Strong Price Appreciation for Creative Realities (NASDAQ:CREX) Stock

Creative Realities (NASDAQ:CREX) had its target price hoisted by equities researchers at LADENBURG THALM/SH SH from $7.50 to $8.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. LADENBURG THALM/SH SH’s price objective suggests a potential upside of 140.24% from the company’s previous close.

A number of other brokerages have also commented on CREX. Weiss Ratings reissued a “sell (d-)” rating on shares of Creative Realities in a report on Friday, July 17th. Zacks Research lowered Creative Realities from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Creative Realities in a report on Friday, July 24th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $8.00.

Creative Realities Stock Performance

CREX traded down $0.03 during trading hours on Friday, hitting $3.33. The company’s stock had a trading volume of 15,711 shares, compared to its average volume of 50,365. Creative Realities has a fifty-two week low of $2.19 and a fifty-two week high of $4.42. The firm has a market capitalization of $35.20 million, a PE ratio of -1.78 and a beta of 1.50. The company has a 50-day simple moving average of $3.58 and a 200 day simple moving average of $3.57. 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 released its earnings results on Thursday, August 13th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.12). The business had revenue of $21.51 million during the quarter, compared to the consensus estimate of $21.73 million. Creative Realities had a negative return on equity of 59.08% and a negative net margin of 29.92%. As a group, sell-side analysts expect that Creative Realities will post 0.38 EPS for the current year.

Insider Buying and Selling at Creative Realities

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Creative Realities during the second quarter valued at $133,000. Dimensional Fund Advisors LP increased its stake in Creative Realities by 13.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 54,890 shares of the company’s stock valued at $189,000 after buying an additional 6,513 shares during the last quarter. North Star Investment Management Corp. purchased a new position in shares of Creative Realities in the 1st quarter worth approximately $550,000. XTX Topco Ltd purchased a new position in shares of Creative Realities in the 4th quarter worth approximately $66,000. Finally, Bridgeway Capital Management LLC bought a new position in Creative Realities during the fourth quarter valued at about $26,000. 41.32% of the stock is owned by 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.