AZ FY2027 EPS Forecast Cut by Northland Securities

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) – Research analysts at Northland Securities decreased their FY2027 earnings estimates for A2Z Cust2Mate Solutions in a note issued to investors on Tuesday, April 7th. Northland Securities analyst G. Gibas now forecasts that the company will post earnings of $0.55 per share for the year, down from their prior estimate of $0.63. Northland Securities has a “Outperform” rating and a $15.00 price objective on the stock.

A2Z Cust2Mate Solutions (NASDAQ:AZ) last announced its earnings results on Wednesday, April 1st. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.32). The firm had revenue of $3.65 million during the quarter, compared to the consensus estimate of $4.63 million. A2Z Cust2Mate Solutions had a negative return on equity of 86.58% and a negative net margin of 488.70%.

A number of other brokerages also recently commented on AZ. Zacks Research upgraded shares of A2Z Cust2Mate Solutions to a “hold” rating in a report on Monday, March 30th. Benchmark reiterated a “buy” rating on shares of A2Z Cust2Mate Solutions in a report on Monday, January 5th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $15.00.

A2Z Cust2Mate Solutions Stock Performance

Shares of A2Z Cust2Mate Solutions stock opened at $8.08 on Wednesday. The company has a market capitalization of $354.63 million, a PE ratio of -7.84 and a beta of 1.23. The company has a 50-day simple moving average of $6.13 and a two-hundred day simple moving average of $6.56. A2Z Cust2Mate Solutions has a one year low of $5.00 and a one year high of $12.36.

A2Z Cust2Mate Solutions announced that its board has approved a stock buyback program on Wednesday, January 7th that authorizes the company to repurchase $20.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 6.1% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On A2Z Cust2Mate Solutions

Large investors have recently bought and sold shares of the company. Osaic Holdings Inc. purchased a new stake in A2Z Cust2Mate Solutions in the second quarter valued at approximately $146,000. NewEdge Advisors LLC purchased a new stake in A2Z Cust2Mate Solutions in the second quarter valued at approximately $148,000. Red Door Wealth Management LLC purchased a new stake in A2Z Cust2Mate Solutions in the fourth quarter valued at approximately $91,000. Savant Capital LLC purchased a new stake in A2Z Cust2Mate Solutions in the third quarter valued at approximately $125,000. Finally, Regal Partners Ltd purchased a new stake in A2Z Cust2Mate Solutions in the third quarter valued at approximately $153,000. Hedge funds and other institutional investors own 12.64% of the company’s stock.

A2Z Cust2Mate Solutions Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.