CREX

Craig-Hallum Initiates Coverage of Creative Realities (CREX) with Buy Recommendation

Fintel reports that on June 6, 2024, Craig-Hallum initiated coverage of Creative Realities (NasdaqCM:CREX) with a Buy recommendation.

Analyst Price Forecast Suggests 72.99% Upside

As of June 2, 2024, the average one-year price target for Creative Realities is 6.88. The forecasts range from a low of 6.56 to a high of $7.35. The average price target represents an increase of 72.99% from its latest reported closing price of 3.98.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Creative Realities is 62MM, an increase of 31.37%. The projected annual non-GAAP EPS is 0.02.

What is the Fund Sentiment?

There are 31 funds or institutions reporting positions in Creative Realities. This is an increase of 4 owner(s) or 14.81% in the last quarter. Average portfolio weight of all funds dedicated to CREX is 0.05%, an increase of 61.83%. Total shares owned by institutions decreased in the last three months by 11.02% to 1,241K shares.

What are Other Shareholders Doing?

CREX / Creative Realities, Inc. Shares Held by Institutions

Sargent Investment Group holds 284K shares representing 2.72% ownership of the company. In its prior filing, the firm reported owning 271K shares , representing an increase of 4.64%. The firm increased its portfolio allocation in CREX by 67.70% over the last quarter.

Cerity Partners holds 266K shares representing 2.55% ownership of the company. No change in the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 138K shares representing 1.32% ownership of the company. In its prior filing, the firm reported owning 113K shares , representing an increase of 17.72%. The firm increased its portfolio allocation in CREX by 77.00% over the last quarter.

Renaissance Technologies holds 109K shares representing 1.04% ownership of the company. In its prior filing, the firm reported owning 102K shares , representing an increase of 5.74%. The firm increased its portfolio allocation in CREX by 71.62% over the last quarter.

Prospera Financial Services holds 89K shares representing 0.85% ownership of the company. No change in the last quarter.

Creative Realities Background Information
(This description is provided by the company.)

Creative Realities helps clients use the latest omnichannel technologies to inspire better customer experiences. Founded over 15 years ago, CRI designs, develops and deploys consumer experiences for high-end enterprise level networks, and is actively providing recurring SaaS and support services for more than fifteen diverse vertical markets, including but not limited to Automotive, Advertising Networks, Apparel & Accessories, Convenience Stores, Foodservice/QSR, Gaming, Theater, and Stadium Venues. The Company acquired Allure Global Solutions, Inc. in November 2018, expanding the Company's operations to five offices across North Americawith active installations in more than 10 countries.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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