AZ Stock Gets Weaker EPS Forecast from Northland Securities

Key Points

• Northland Securities lowered its FY2027 EPS forecast for A2Z Cust2Mate Solutions to $0.45 from $0.55; the article also notes the current-year consensus estimate is a loss of $0.45 per share.
• In its latest quarter, the company reported an EPS loss of $0.15, slightly worse than the $0.14 loss analysts expected, while revenue of $10.93 million exceeded the $7.87 million consensus.
• Analysts have a consensus Hold rating and an average price target of $15. The stock was down 1.8% and opened at $6.14 on Friday.

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Free Report) - Research analysts at Northland Securities cut their FY2027 earnings per share estimates for A2Z Cust2Mate Solutions in a research report issued to clients and investors on Thursday, November 12th. Northland Securities analyst G. Gibas now anticipates that the company will post earnings per share of $0.45 for the year, down from their previous forecast of $0.55. The consensus estimate for A2Z Cust2Mate Solutions' current full-year earnings is ($0.45) per share.

Several other brokerages also recently weighed in on AZ. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of A2Z Cust2Mate Solutions in a report on Thursday, October 15th. Zacks Research raised shares of A2Z Cust2Mate Solutions from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $15.00.

A2Z Cust2Mate Solutions Stock Down 1.8%

A2Z Cust2Mate Solutions stock opened at $6.14 on Friday. A2Z Cust2Mate Solutions has a 12-month low of $4.97 and a 12-month high of $8.73. The firm has a 50 day moving average of $5.91 and a 200 day moving average of $6.27. The company has a debt-to-equity ratio of 0.02, a current ratio of 7.52 and a quick ratio of 6.56.

A2Z Cust2Mate Solutions (NASDAQ:AZ - Get Free Report) last announced its quarterly earnings data on Wednesday, November 11th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.01). The company had revenue of $10.93 million for the quarter, compared to the consensus estimate of $7.87 million. A2Z Cust2Mate Solutions had a negative net margin of 168.05% and a negative return on equity of 57.70%.

Institutional Trading of A2Z Cust2Mate Solutions

Institutional investors have recently made changes to their positions in the business. Luxor Capital Group LP purchased a new position in A2Z Cust2Mate Solutions in the 1st quarter worth approximately $19,212,000. Weybosset Research & Management LLC raised its position in shares of A2Z Cust2Mate Solutions by 8.7% during the third quarter. Weybosset Research & Management LLC now owns 1,990,949 shares of the company's stock valued at $11,448,000 after buying an additional 160,075 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of A2Z Cust2Mate Solutions during the third quarter valued at approximately $7,264,000. J. Goldman & Co LP purchased a new position in shares of A2Z Cust2Mate Solutions in the second quarter worth $3,774,000. Finally, Cable Car Capital LP bought a new position in shares of A2Z Cust2Mate Solutions during the second quarter worth $3,492,000. Hedge funds and other institutional investors own 12.64% of the company's stock.

About A2Z Cust2Mate Solutions

A2Z Cust2Mate Solutions develops smart shopping carts and related technology for grocery retailers. Its Cust2Mate platform combines an in-cart touchscreen with tools designed to help shoppers browse products, access promotions and complete purchases while shopping. The company's solutions are intended to support retailers with checkout processes and in-store customer engagement. Cust2Mate carts can also provide retailers with a platform for displaying product information and promotional content.

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