Accuray (ARAY) Scheduled to Post Quarterly Earnings on Wednesday
Accuray (NASDAQ:ARAY) is set to post its Q314 quarterly earnings results on Wednesday, April 30th. Analysts expect Accuray to post earnings of ($0.16) per share and revenue of $82.00 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Accuray (NASDAQ:ARAY) last released its earnings data on Thursday, January 30th. The company reported ($0.07) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.20) by $0.13. The company had revenue of $93.60 million for the quarter, compared to the consensus estimate of $80.20 million. On average, analysts expect Accuray to post $-0.54 EPS for the current fiscal year and $-0.10 EPS for the next fiscal year.
Shares of Accuray (NASDAQ:ARAY) opened at 8.62 on Tuesday. Accuray has a one year low of $4.19 and a one year high of $10.85. The stock has a 50-day moving average of $9.14 and a 200-day moving average of $8.68. The company’s market cap is $658.1 million.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Accuray in a research note on Wednesday, April 16th. They now have a $8.75 price target on the stock. On a related note, analysts at BTIG Research initiated coverage on shares of Accuray in a research note on Tuesday, March 11th. They set a “buy” rating on the stock. Finally, analysts at Dougherty & Co raised their price target on shares of Accuray from $10.00 to $13.00 in a research note on Friday, January 31st. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $10.55.
Accuray, Inc manufactures image-guided radiosurgery devices. The Company is based in the United States and its core product, the CyberKnife Stereotactic Radiosurgery System, combines image-guidance with robotics to offer unparalleled flexibility and accuracy.
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