Zacks: I.D. Systems, Inc. (IDSY) Given $8.05 Average Price Target by Analysts
I.D. Systems, Inc. (NASDAQ:IDSY) has received a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.
Analysts have set a 1-year consensus price target of $8.05 for the company and are predicting that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also assigned I.D. Systems an industry rank of 220 out of 265 based on the ratings given to related companies.
Several research firms recently issued reports on IDSY. Zacks Investment Research cut I.D. Systems from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. B. Riley reiterated a “buy” rating and issued a $8.50 price target on shares of I.D. Systems in a report on Friday, November 10th.
Shares of I.D. Systems (NASDAQ IDSY) traded down $0.13 during trading hours on Thursday, hitting $6.78. The stock had a trading volume of 159,800 shares, compared to its average volume of 91,650. The firm has a market capitalization of $120.47, a price-to-earnings ratio of -17.84, a PEG ratio of 0.82 and a beta of -0.01. I.D. Systems has a 52 week low of $5.25 and a 52 week high of $7.75.
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I.D. Systems Company Profile
I.D. Systems, Inc (I.D. Systems) develops, markets and sells wireless machine-to-machine solutions for managing and securing enterprise assets, which include industrial vehicles, such as forklifts and airport ground support equipment, rental vehicles, and transportation assets, such as dry van trailers, refrigerated trailers, railcars and containers.
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