Barclays Cuts Gauzy (NASDAQ:GAUZ) Price Target to $13.00

Gauzy (NASDAQ:GAUZ) had its target price cut by Barclays from $15.00 to $13.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities research analysts have also weighed in on the stock. TD Cowen lowered shares of Gauzy from a “buy” rating to a “hold” rating and set a $10.00 target price on the stock. in a report on Friday, March 7th. Cowen downgraded shares of Gauzy from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Gauzy has a consensus rating of “Moderate Buy” and an average target price of $13.50.

Gauzy Trading Down 0.7%

NASDAQ:GAUZ opened at $8.52 on Wednesday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.16 and a quick ratio of 0.85. Gauzy has a 12-month low of $6.78 and a 12-month high of $17.10. The firm has a 50-day moving average price of $9.11 and a 200 day moving average price of $9.46.

Gauzy (NASDAQ:GAUZ) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.54) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.19). The firm had revenue of $22.37 million for the quarter, compared to analyst estimates of $26.91 million. Equities research analysts predict that Gauzy will post -2.26 earnings per share for the current year.

Institutional Trading of Gauzy

Institutional investors have recently bought and sold shares of the business. Stifel Financial Corp lifted its holdings in shares of Gauzy by 85.5% during the 4th quarter. Stifel Financial Corp now owns 207,275 shares of the company’s stock worth $2,054,000 after acquiring an additional 95,527 shares during the period. Connors Investor Services Inc. acquired a new stake in shares of Gauzy during the fourth quarter worth $109,000. WR Wealth Planners LLC increased its position in shares of Gauzy by 200.0% during the fourth quarter. WR Wealth Planners LLC now owns 3,000 shares of the company’s stock worth $30,000 after buying an additional 2,000 shares during the period. Zimmer Partners LP boosted its stake in Gauzy by 3.7% during the first quarter. Zimmer Partners LP now owns 673,958 shares of the company’s stock worth $5,392,000 after acquiring an additional 24,055 shares in the last quarter. Finally, Kodai Capital Management LP boosted its stake in Gauzy by 11.2% during the first quarter. Kodai Capital Management LP now owns 44,473 shares of the company’s stock worth $356,000 after acquiring an additional 4,473 shares in the last quarter.

Gauzy Company Profile

Gauzy Ltd. is a fully-integrated light and vision control company which focused on the research, development, manufacturing and marketing of vision and light control technologies. It operates principally in Germany, France, the United States, Canada, China, Singapore and Dubai. Gauzy Ltd. is headquartered in Tel Aviv, Israel.