TruGolf Holdings, Inc. (NASDAQ:TRUG – Free Report) – Analysts at Singular Research issued their FY2024 earnings per share estimates for TruGolf in a research report issued to clients and investors 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 currently 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 started coverage on shares of TruGolf in a research note on Thursday, December 19th. They issued a “buy” rating and a $2.00 target price on the stock.
TruGolf Price Performance
Shares of TRUG stock opened at $0.52 on Wednesday. The stock’s fifty day simple moving average is $0.54 and its 200 day simple moving average is $0.82. TruGolf has a one year low of $0.35 and a one year high of $8.39. The firm has a market cap of $6.21 million, a price-to-earnings ratio of -1.24 and a beta of -0.85.
Institutional Trading of TruGolf
A hedge fund recently bought a new stake in TruGolf stock. Clear Street Derivatives LLC bought a new stake in shares of TruGolf Holdings, Inc. (NASDAQ:TRUG – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,370 shares of the company’s stock, valued at approximately $29,000. TruGolf accounts for approximately 0.0% of Clear Street Derivatives LLC’s investment portfolio, making the stock its 25th largest holding. Clear Street Derivatives LLC owned 0.23% of TruGolf as of its most recent filing with the SEC. Institutional investors and hedge funds own 3.24% of the company’s stock.
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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