Crexendo Inc (NASDAQ: CXDO) has reported E.P.S. of $0.02 for its second fiscal quarter (ending June 30) versus $-0.02 for the same period a year ago. Relative to the consensus estimate of $0.05, this was a shortfall of $-0.03. For the latest four quarters through June 30, E.P.S. were $0.11 compared to $-1.44 a year ago.
Recent Price Action
Crexendo Inc (NASDAQ: CXDO) stock closed at $4.02 on 8/6/24 after an increase of 1.5%. Moreover, this advance was accompanied by above average trading volume at 120% of normal. The stock has risen 1.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CXDO is expected to continue to be Value Creation neutral.
Crexendo has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Crexendo has a neutral Power Rating of 42 and a slightly negative Appreciation Score of 33, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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