Cray (NASDAQ: CRAY) has recently received a number of price target changes and ratings updates:
Cray Inc. (NASDAQ:CRAY) opened at 19.45 on Friday. Cray Inc. has a 52 week low of $16.77 and a 52 week high of $43.79. The stock’s 50 day moving average price is $20.77 and its 200-day moving average price is $26.04. The stock’s market capitalization is $777.38 million.
Cray (NASDAQ:CRAY) last posted its quarterly earnings results on Monday, November 7th. The company reported ($0.49) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.34) by $0.15. The firm earned $77.50 million during the quarter, compared to analyst estimates of $79.53 million. Cray had a negative return on equity of 2.19% and a negative net margin of 3.79%. The firm’s revenue for the quarter was down 59.5% on a year-over-year basis. During the same quarter last year, the business posted $0.48 earnings per share. Equities research analysts expect that Cray Inc. will post $0.37 earnings per share for the current year.