Textura Corp Downgraded by Zacks to “Neutral” (TXTR)
Textura Corp (NASDAQ:TXTR) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday. They currently have a $32.80 target price on the stock. Zacks‘s price objective indicates a potential upside of 9.92% from the stock’s previous close.
Shares of Textura Corp (NASDAQ:TXTR) traded up 0.20% during mid-day trading on Tuesday, hitting $29.71. The stock had a trading volume of 120,820 shares. Textura Corp has a 52 week low of $13.80 and a 52 week high of $47.25. The stock’s 50-day moving average is $25.77 and its 200-day moving average is $23.7. The company’s market cap is $755.3 million.
Textura Corp (NASDAQ:TXTR) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.13) by $0.01. The company had revenue of $14.96 million for the quarter, compared to the consensus estimate of $14.86 million. During the same quarter in the prior year, the company posted ($0.75) earnings per share. The company’s quarterly revenue was up 59.8% on a year-over-year basis. On average, analysts predict that Textura Corp will post $-0.37 earnings per share for the current fiscal year.
Textura Corporation is a provider of on-demand business collaboration software to the commercial construction industry.
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