TruGolf Holdings, Inc. (NASDAQ:TRUG – Free Report) – Stock analysts at Singular Research issued their FY2024 earnings estimates for TruGolf in a research report issued on Monday, January 27th. Singular Research analyst D. Marsh forecasts that the company will post earnings of ($0.25) per share for the year. Singular Research has a “Moderate Buy” rating on the stock. Singular Research also issued estimates for TruGolf’s Q4 2024 earnings at ($0.02) EPS, Q1 2025 earnings at ($0.05) EPS, Q2 2025 earnings at ($0.05) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.10) EPS.
Separately, Maxim Group initiated coverage on shares of TruGolf in a research report on Thursday, December 19th. They set a “buy” rating and a $2.00 target price on the stock.
TruGolf Stock Performance
NASDAQ:TRUG opened at $0.49 on Wednesday. The stock’s 50 day moving average price is $0.54 and its 200 day moving average price is $0.81. TruGolf has a 52 week low of $0.35 and a 52 week high of $8.00. The company has a market capitalization of $5.80 million, a P/E ratio of -1.16 and a beta of -0.85.
Institutional Trading of TruGolf
An institutional investor recently bought a new position in TruGolf stock. Clear Street Derivatives LLC bought a new position in shares of TruGolf Holdings, Inc. (NASDAQ:TRUG – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 30,370 shares of the company’s stock, valued at approximately $29,000. TruGolf comprises 0.0% of Clear Street Derivatives LLC’s portfolio, making the stock its 25th largest position. Clear Street Derivatives LLC owned 0.23% of TruGolf at the end of the most recent quarter. 3.24% of the stock is currently owned by institutional investors.
About TruGolf
TruGolf Holdings, Inc, through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.
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