Creative Realities, Inc. (NASDAQ:CREX) to Post Q3 2023 Earnings of $0.17 Per Share, Taglich Brothers Forecasts

Creative Realities, Inc. (NASDAQ:CREX – Get Rating) – Investment analysts at Taglich Brothers dropped their Q3 2023 earnings per share (EPS) estimates for shares of Creative Realities in a research report issued to clients and investors on Wednesday, May 17th. Taglich Brothers analyst H. Halpern now expects that the company will post earnings per share of $0.17 for the quarter, down from their previous estimate of $0.22. The consensus estimate for Creative Realities’ current full-year earnings is $0.09 per share. Taglich Brothers also issued estimates for Creative Realities’ FY2023 earnings at $0.10 EPS.

Creative Realities Price Performance

Shares of CREX opened at $2.42 on Friday. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 0.50. The stock’s 50-day moving average price is $2.38 and its two-hundred day moving average price is $2.09. Creative Realities has a 12 month low of $1.65 and a 12 month high of $2.79.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in shares of Creative Realities in the first quarter valued at approximately $30,000. HBK Sorce Advisory LLC bought a new position in shares of Creative Realities in the third quarter valued at approximately $33,000. Psagot Value Holdings Ltd. Israel bought a new position in shares of Creative Realities in the fourth quarter valued at approximately $58,000. Millennium Management LLC grew its holdings in shares of Creative Realities by 108.6% in the second quarter. Millennium Management LLC now owns 114,386 shares of the company’s stock valued at $70,000 after acquiring an additional 59,542 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Creative Realities by 152.4% during the second quarter. Renaissance Technologies LLC now owns 133,500 shares of the company’s stock valued at $82,000 after purchasing an additional 80,600 shares during the period. 9.00% of the stock is owned by institutional investors and hedge funds.

Creative Realities Company Profile

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Creative Realities, Inc engages in the provision of digital marketing technology and solutions to retail companies, individual retail brands, enterprises, and other organizations. Its technology and solutions include digital merchandising systems, omni-channel customer engagement systems, interactive digital shopping assistants, advisors and kiosks, and interactive marketing technologies such as, point-of-sale transactions, beaconing and web-based media.