A2Z Cust2Mate Solutions (AZ) Expected to Announce Earnings on Wednesday

A2Z Cust2Mate Solutions (NASDAQ:AZ) is expected to be announcing its resultson Wednesday, April 1st. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $4.6280 million for the quarter.

A2Z Cust2Mate Solutions Stock Performance

Shares of A2Z Cust2Mate Solutions stock opened at $6.56 on Wednesday. A2Z Cust2Mate Solutions has a one year low of $5.00 and a one year high of $12.36. The company has a market cap of $274.54 million, a P/E ratio of -5.86 and a beta of 1.43. The firm has a fifty day moving average of $6.16 and a two-hundred day moving average of $6.63.

A2Z Cust2Mate Solutions declared that its Board of Directors has initiated a share repurchase program on Wednesday, January 7th that permits the company to buyback $20.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 6.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on AZ shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of A2Z Cust2Mate Solutions in a research report on Wednesday, January 21st. Benchmark reissued a “buy” rating on shares of A2Z Cust2Mate Solutions in a report on Monday, January 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, A2Z Cust2Mate Solutions currently has an average rating of “Hold” and an average target price of $20.00.

Institutional Trading of A2Z Cust2Mate Solutions

A number of institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. acquired a new stake in A2Z Cust2Mate Solutions in the second quarter valued at $146,000. NewEdge Advisors LLC acquired a new position in shares of A2Z Cust2Mate Solutions during the 2nd quarter worth $148,000. Squarepoint Ops LLC acquired a new position in shares of A2Z Cust2Mate Solutions during the 4th quarter worth $178,000. Kestra Advisory Services LLC purchased a new stake in shares of A2Z Cust2Mate Solutions in the 4th quarter worth about $206,000. Finally, Geode Capital Management LLC boosted its position in shares of A2Z Cust2Mate Solutions by 113.3% in the 2nd quarter. Geode Capital Management LLC now owns 21,354 shares of the company’s stock worth $226,000 after buying an additional 11,342 shares in the last quarter. 12.64% of the stock is currently owned by hedge funds and other institutional investors.

About A2Z Cust2Mate Solutions

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts. It offers Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.