TruGolf (TRUG) to Release Earnings on Thursday

TruGolf (NASDAQ:TRUG) is anticipated to release its results before the market opens on Thursday, November 13th. Analysts expect TruGolf to post earnings of ($0.45) per share for the quarter.

TruGolf (NASDAQ:TRUG) last released its quarterly earnings data on Tuesday, August 19th. The company reported ($19.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($2.50) by ($17.19). The firm had revenue of $4.31 million during the quarter, compared to analyst estimates of $4.28 million. On average, analysts expect TruGolf to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

TruGolf Trading Down 2.9%

TRUG opened at $1.65 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.01 and a current ratio of 1.16. TruGolf has a one year low of $1.60 and a one year high of $55.00. The company has a market cap of $2.18 million, a P/E ratio of -0.03 and a beta of -1.01. The business’s 50-day simple moving average is $2.61 and its 200-day simple moving average is $6.17.

Wall Street Analyst Weigh In

TRUG has been the topic of several recent analyst reports. Singular Research upgraded shares of TruGolf to a “moderate buy” rating in a research note on Thursday, September 25th. Weiss Ratings restated a “sell (e+)” rating on shares of TruGolf in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of TruGolf to a “hold” rating in a research report on Monday, September 29th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, TruGolf currently has a consensus rating of “Hold” and a consensus price target of $100.00.

TruGolf Company Profile

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.