Analysts Anticipate Enjoy Technology, Inc. (NASDAQ:ENJY) Will Announce Quarterly Sales of $24.40 Million

Clara D. Flaherty

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Wall Street brokerages expect Get pleasure from Technologies, Inc. (NASDAQ:ENJYGet Ranking) to submit $24.40 million in gross sales for the recent fiscal quarter, according to Zacks. Two analysts have provided estimates for Appreciate Technology’s earnings. The best gross sales estimate is $24.50 million and the lowest is $24.30 million. The company is predicted to report its up coming earnings benefits right before the current market opens on Monday, January 1st.

On normal, analysts count on that Enjoy Technology will report comprehensive 12 months sales of $171.50 million for the existing monetary year, with estimates ranging from $165.10 million to $177.90 million. For the upcoming economical yr, analysts foresee that the business will write-up income of $357.35 million, with estimates ranging from $334.60 million to $380.10 million. Zacks Financial commitment Research’s income averages are an regular centered on a study of study analysts that that deliver protection for Get pleasure from Technology.

Get pleasure from Technological innovation (NASDAQ:ENJYGet Score) last declared its quarterly earnings information on Wednesday, March 23rd. The enterprise described ($.68) EPS for the quarter. The business had profits of $22.20 million in the course of the quarter, as opposed to analysts’ expectations of $25.60 million.

Numerous analysis firms have just lately issued stories on ENJY. Loop Capital decreased their selling price concentrate on on Delight in Know-how from $8.00 to $4.00 in a analysis report on Friday, March 25th. BTIG Analysis decreased Take pleasure in Technologies from a “buy” ranking to a “neutral” score in a research report on Thursday, April 14th. The Goldman Sachs Team commenced coverage on Get pleasure from Technology in a investigate report on Friday, January 7th. They issued a “neutral” ranking and a $6.00 price tag target on the inventory. Zacks Expenditure Analysis upgraded Enjoy Technology from a “sell” ranking to a “hold” ranking in a study report on Thursday, March 24th. Eventually, Telsey Advisory Team lowered Love Technology from an “outperform” rating to a “market perform” ranking and minimized their cost concentrate on for the stock from $6.00 to $4.00 in a investigation report on Tuesday, April 12th. Six equities study analysts have rated the inventory with a hold score, Centered on data from MarketBeat, the inventory presently has a consensus score of “Hold” and an typical price tag goal of $6.92.

NASDAQ:ENJY opened at $.91 on Tuesday. Appreciate Technologies has a 12-month minimal of $.90 and a 12-thirty day period significant of $12.16. The business has a sector cap of $109.22 million, a rate-to-earnings ratio of -.67 and a beta of 1.44. The company has a fifty working day going normal of $3.15.

A number of institutional traders and hedge resources have just lately modified their holdings of the organization. Wolverine Asset Administration LLC purchased a new situation in shares of Appreciate Technological innovation all through the 4th quarter truly worth about $34,000. Bank of The usa Corp DE purchased a new placement in shares of Love Technologies for the duration of the 4th quarter truly worth close to $38,000. Penserra Money Administration LLC acquired a new posture in shares of Get pleasure from Engineering all through the 4th quarter truly worth somewhere around $46,000. Sciencast Administration LP acquired a new place in shares of Get pleasure from Technological innovation throughout the 1st quarter really worth approximately $56,000. Last but not least, Point out Road Corp purchased a new placement in shares of Appreciate Engineering during the 4th quarter really worth close to $69,000. 41.19% of the inventory is owned by institutional traders.

About Delight in Technological innovation (Get Ranking)

Love Technology, Inc operates cell retail outlets in the United States, Canada, and the United Kingdom. It helps customer in evaluating and choosing a selection of components, media subscriptions, gadget defense, broadband, and other solutions. The firm was started in 2015 and is headquartered in Palo Alto, California.

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