Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 28th:CarGurus (CARG) : This online automotive marketplace which connects buyers and sellers of new and used cars, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.CarGurus has a PEG ratio of 1.01 compared with 1.08 for the industry. The company possesses a Growth Score of A.Audioeye (AEYE) : This ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AudioEye (AEYE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AudioEye currently has an average brokerage recommendation (ABR ...

Core Viewpoint - AudioEye (AEYE) has shown a 1.5% increase in share price over the past four weeks, closing at $20.04, with a mean price target of $25.75 indicating a potential upside of 28.5% [1] Price Targets and Analyst Consensus - The mean price target consists of four short-term estimates with a standard deviation of $2.99, suggesting a relatively high agreement among analysts [1] - The lowest estimate of $23 indicates a 14.8% increase, while the highest estimate suggests a 49.7% surge to $30 [1] - Analysts' price targets can often mislead investors, as they may set overly optimistic targets due to business incentives [3][4] Earnings Estimates and Potential Upside - Analysts have shown strong agreement in revising AEYE's earnings estimates higher, with a 222.2% increase in the Zacks Consensus Estimate for the current year [5] - AEYE holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors [5] Conclusion on Price Movement - While consensus price targets may not be reliable for predicting exact gains, the direction indicated by these targets can serve as a useful guide for potential price movements [6]

SDK helps developers find and fix accessibility issues before they are visible to the publicTUCSON, Ariz., Aug. 7, 2024 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, today announced the general availability of its Accessibility Testing Software Development Kit (SDK). This self-service accessibility testing tool helps developers address accessibility issues early in the software development life cycle, allowing them to publish ...

Investors might want to bet on AudioEye (AEYE) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

Table of Contents Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the last 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant ...

Klaus Vedfelt Investment Thesis AudioEye's (NASDAQ:AEYE) stock is up 300% in the past year. This is one of the strongest-performing small caps. Meanwhile, its Q2 2024 results are met with further cheer, with its share price up 4% premarket. As it stands, the stock is priced at 29x next year's EBITDA. While I fail to see a compelling risk-reward, I'm firmly cognizant that an overhyped stock can become even more extravagantly priced. As the saying goes, after all, twice a silly price is not twice as silly ...

AudioEye (AEYE) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.08, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed ...

AudioEye, Inc. (NASDAQ:AEYE) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants David Moradi - Chief Executive Officer Kelly Georgevich - Chief Financial Officer Conference Call Participants Richard Baldry - ROTH Zach Cummins - B. Riley Securities Scott Buck - H.C. Wainwright Operator Good afternoon and welcome to AudioEye's Second Quarter 2024 Earnings Conference Call. Joining us for today's call are AudioEye's CEO, Mr. David Moradi; and CFO, Ms. Kelly Georgevich. Following thei ...

AudioEye (AEYE) closed the most recent trading day at $22.59, moving -1.4% from the previous trading session. This change lagged the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 1.85%, and the technology-dominated Nasdaq saw an increase of 0.2%.The company's shares have seen an increase of 17.55% over the last month, surpassing the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82%.Market participants will be closely following the financial results of ...