Remark Holdings Inc (NASDAQ:MARK) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 12-month consensus price objective of $7.50 for the company and are forecasting that the company will post ($0.22) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Remark an industry rank of 103 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Remark from a “hold” rating to a “buy” rating and set a $2.00 price target for the company in a report on Tuesday, January 22nd.
MARK traded down $0.05 on Tuesday, reaching $1.14. The company’s stock had a trading volume of 105,758 shares, compared to its average volume of 408,826. The company has a market capitalization of $49.03 million, a P/E ratio of -0.90 and a beta of 2.23. Remark has a 1 year low of $1.05 and a 1 year high of $6.19.
Remark (NASDAQ:MARK) last issued its quarterly earnings results on Monday, April 1st. The information services provider reported ($0.31) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.22). The company had revenue of $22.32 million during the quarter, compared to analysts’ expectations of $26.64 million. Sell-side analysts anticipate that Remark will post -0.85 earnings per share for the current year.
Remark Holdings, Inc, technology-focused company, develops and deploys artificial intelligence (AI) products and AI-based solutions for businesses in various industries worldwide. It operates through two segments, Travel & Entertainment, and Technology & Data Intelligence. The company operates KanKan, a data intelligence platform that offers AI-based vision products, computing devices, and software-as-a-service products for the financial, retail, entertainment, education, and workplace and public safety industries.
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