Analysts Expect NXT-ID to Post ($0.09) Earnings Per Share (NASDAQ:NXTD)
September 24th, 2015 - by Doug Madison
NXT-ID logoShares of NXT-ID (NASDAQ:NXTD) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1 year consensus target price of $5.75 for the company and are forecasting that the company will post ($0.09) earnings per share for the current quarter, according to Zacks. Zacks has also assigned NXT-ID an industry rank of 105 out of 265 based on the ratings given to related companies.
Several analysts have recently commented on NXTD shares. Zacks upgraded shares of NXT-ID from a “sell” rating to a “hold” rating in a report on Monday, August 17th. Northland Securities dropped their price objective on shares of NXT-ID from $6.00 to $5.75 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Finally, Benchmark Co. reaffirmed a “” rating and set a $6.00 price target on shares of NXT-ID in a research note on Wednesday.
NXT-ID (NASDAQ:NXTD) opened at 0.93 on Thursday. The company has a 50-day moving average of $1.17 and a 200 day moving average of $2.21. The stock’s market capitalization is $25.61 million. NXT-ID has a 12 month low of $0.79 and a 12 month high of $4.20.
NXT-ID Inc is a United States-based company that provides security solutions to mobile devices. The Company provides MobileBio, a suite of biometric solutions that secure consumers’ mobile platforms with focus on the growing m-commerce market. MobileBio mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The Company’s products are MobileBio biocloud; identity authentication solution for consumer applications, MobileBio wocket, MobileBio facematch; facial recognition system for smartphones, tablets, laptop and desktop, and MobileBio voicematch; identification of the specific individual and can communicate with the intended device directly or remotely.
To get a free copy of the research report on NXT-ID (NXTD), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com
