ClickSoftware Technologies Receives “Hold” Rating from Zacks (CKSW)
ClickSoftware Technologies (NASDAQ:CKSW)‘s stock had its “hold” rating reiterated by Zacks in a research report issued on Thursday, AnalystRatings.Net reports. They currently have a $6.90 price target on the stock. Zacks‘ price objective points to a potential upside of 13.67% from the company’s current price.
Shares of ClickSoftware Technologies (NASDAQ:CKSW) traded down 2.10% on Thursday, hitting $6.07. 217,173 shares of the company’s stock traded hands. ClickSoftware Technologies has a one year low of $5.72 and a one year high of $9.14. The stock’s 50-day moving average is $6.35 and its 200-day moving average is $7.23. The company has a market cap of $193.8 million and a price-to-earnings ratio of 51.67.
ClickSoftware Technologies (NASDAQ:CKSW) last posted its quarterly earnings results on Wednesday, July 24th. The company reported ($0.07) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.07). The company had revenue of $24.70 million for the quarter, compared to the consensus estimate of $24.50 million. During the same quarter last year, the company posted $0.03 earnings per share. ClickSoftware Technologies’s revenue was up 9.8% compared to the same quarter last year. Analysts expect that ClickSoftware Technologies will post $0.11 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Roth Capital cut their price target on shares of ClickSoftware Technologies from $8.50 to $6.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Analysts at Oppenheimer cut their price target on shares of ClickSoftware Technologies from $10.00 to $8.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock.
ClickSoftware Technologies Ltd. is a provider of software products and solutions for workforce management and optimization for the service sector.
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