SMART Technologies Rating Reiterated by RBC Capital (SMA)
SMART Technologies (TSE:SMA)‘s stock had its “sector perform” rating restated by analysts at RBC Capital in a research report issued to clients and investors on Friday, Analyst Ratings Network reports. They currently have a C$3.75 price target on the stock, down from their previous price target of C$4.00. RBC Capital’s price objective indicates a potential downside of 16.85% from the company’s current price.
Shares of SMART Technologies (TSE:SMA) traded down 32.37% during mid-day trading on Friday, hitting $3.05. 105,620 shares of the company’s stock traded hands. SMART Technologies has a 52-week low of $1.32 and a 52-week high of $5.90. The stock’s 50-day moving average is $4.58 and its 200-day moving average is $3.36. The company has a market cap of $369.5 million and a P/E ratio of 88.43.
SMART Technologies (TSE:SMA) last announced its earnings results on Thursday, May 15th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.01. During the same quarter in the prior year, the company posted ($0.10) earnings per share. On average, analysts predict that SMART Technologies will post $0.19 earnings per share for the current fiscal year.
SMART Technologies Inc (TSE:SMA) through its wholly owned subsidiary, SMART Technologies ULC (ULC) and its subsidiaries, the Company designs, develops and sells interactive technology products and integrated solutions that enhance learning.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.