[ad_1]
Analysts expect Love Technological innovation, Inc. (NASDAQ:ENJY – Get Rating) to report $24.40 million in gross sales for the present fiscal quarter, according to Zacks Expenditure Study. Two analysts have issued estimates for Enjoy Technology’s earnings, with the least expensive revenue estimate coming in at $24.30 million and the best estimate coming in at $24.50 million. The business is scheduled to announce its upcoming earnings report on Monday, January 1st.
In accordance to Zacks, analysts anticipate that Appreciate Engineering will report complete-year product sales of $171.50 million for the latest fiscal yr, with estimates ranging from $165.10 million to $177.90 million. For the following economic yr, analysts foresee that the organization will report revenue of $357.35 million, with estimates ranging from $334.60 million to $380.10 million. Zacks’ sales calculations are an ordinary centered on a survey of promote-side exploration analysts that include Get pleasure from Know-how.
Get pleasure from Technological innovation (NASDAQ:ENJY – Get Rating) past announced its quarterly earnings knowledge on Wednesday, March 23rd. The company documented ($.68) earnings for each share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($.41) by ($.27).
A number of investigation analysts just lately issued reports on ENJY shares. Zacks Expense Investigate upgraded shares of Appreciate Technology from a “sell” ranking to a “hold” rating in a investigation report on Thursday, March 24th. BTIG Analysis reduce Get pleasure from Engineering from a “buy” ranking to a “neutral” rating in a research take note on Thursday. Loop Funds lessened their price tag goal on shares of Enjoy Engineering from $8.00 to $4.00 in a analysis take note on Friday, March 25th. Telsey Advisory Team cut shares of Get pleasure from Technological know-how from an “outperform” rating to a “market perform” score and decreased their concentrate on rate for the corporation from $6.00 to $4.00 in a investigation be aware on Tuesday. Ultimately, The Goldman Sachs Group began protection on Appreciate Know-how in a report on Friday, January 7th. They set a “neutral” score and a $6.00 value target for the business. Six study analysts have rated the inventory with a hold score, According to details from MarketBeat.com, the business presently has an normal rating of “Hold” and an regular rate goal of $6.92.
Huge traders have just lately additional to or minimized their stakes in the organization. King Avenue Money Management L.P. acquired a new posture in shares of Get pleasure from Technologies for the duration of the 4th quarter valued at about $31,827,000. Oak Administration Corp obtained a new placement in shares of Take pleasure in Technological innovation in the 4th quarter valued at approximately $24,322,000. Highland Administration Companions 9 LLC purchased a new placement in Take pleasure in Engineering through the fourth quarter valued at $15,012,000. Ghisallo Capital Management LLC procured a new placement in Delight in Engineering during the fourth quarter valued at $11,050,000. At last, Tran Cash Management L.P. bought a new stake in shares of Take pleasure in Technological innovation in the 4th quarter worth $2,511,000. 73.93% of the stock is at present owned by hedge funds and other institutional investors.
Shares of ENJY traded down $.20 through midday investing on Monday, reaching $3.10. The stock had a investing quantity of 105,094 shares, when compared to its common volume of 138,750. The organization has a 50 day going typical of $3.42. Appreciate Technologies has a 52 week minimal of $2.69 and a 52 week high of $12.16. The firm has a industry cap of $372.06 million, a P/E ratio of -2.28 and a beta of 1.44.
Get pleasure from Engineering Business Profile (Get Score)
Love Engineering, Inc operates mobile retail retailers in the United States, the United Kingdom, and Canada. The firm was launched in 2015 and is headquartered in Palo Alto, California.
Highlighted Stories
Get a no cost duplicate of the Zacks exploration report on Get pleasure from Technologies (ENJY)
For extra information and facts about investigation offerings from Zacks Expenditure Analysis, check out Zacks.com
Want Far more Excellent Investing Ideas?
Acquire News & Scores for Enjoy Technologies Each day – Enter your email deal with down below to get a concise everyday summary of the hottest information and analysts’ scores for Enjoy Engineering and related providers with MarketBeat.com’s Free daily email e-newsletter.
[ad_2]
Supply hyperlink