During the last session, Crexendo Inc (NASDAQ:CXDO)’s traded shares were 0.46 million, with the beta value of the company hitting 1.21. At the end of the trading day, the stock’s price was $6.47, reflecting an intraday loss of -4.15% or -$0.28. The 52-week high for the CXDO share is $7.34, that puts it down -13.45 from that peak though still a striking 54.87% gain since the share price plummeted to a 52-week low of $2.92. The company’s market capitalization is $180.52M, and the average trade volume was 168.29K shares over the past three months.
Crexendo Inc (CXDO) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.00. CXDO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.06.
Crexendo Inc (NASDAQ:CXDO) trade information
Crexendo Inc (CXDO) registered a -4.15% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.15% in intraday trading to $6.47, hitting a weekly high. The stock’s 5-day price performance is 4.35%, and it has moved by 8.01% in 30 days. Based on these gigs, the overall price performance for the year is 20.71%.
The consensus price target of analysts on Wall Street is $5.75, which implies a decrease of -12.52% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.75 and $5.75 respectively. As a result, CXDO is trading at a premium of 11.13% off the target high and 11.13% off the low.
Crexendo Inc (CXDO) estimates and forecasts
In the rating firms’ projections, revenue will increase 10.89% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 15.77M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 16.23M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 14.29M and 14.69M respectively. In this case, analysts expect current quarter sales to grow by 10.36% and then jump by 10.49% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -5.25%. While earnings are projected to return 10.58% in 2025, the next five years will return 37.10% per annum.
CXDO Dividends
Crexendo Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.61 million shares, is of BARD ASSOCIATES INC’s that is approximately 2.2819% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.91 million.
Also, the Mutual Funds coming in first place with the largest holdings of Crexendo Inc (CXDO) shares are Vanguard Total Stock Market Index Fund and 1290 Fds-1290 Essex Small Cap Growth Fd . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 345.91 shares. This amounts to just over 2.29 percent of the company’s overall shares, with a $2.24 million market value. The same data shows that the other fund manager holds slightly less at 155.95, or about 1.03% of the stock, which is worth about $1.01 million.
