Brokerages Expect NXT-ID to Post ($0.09) Earnings Per Share (NASDAQ:NXTD)

Brokerages Expect NXT-ID to Post ($0.09) Earnings Per Share (NASDAQ:NXTD)

     NXT-ID (NASDAQ:NXTD) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 12-month consensus target price of $5.75 for the company and are forecasting that the company will post ($0.09) earnings per share for the current quarter, according to Zacks. Zacks has also given NXT-ID an industry rank of 87 out of 265 based on the ratings given to its competitors.

A number of brokerages have weighed in on NXTD. Zacks raised shares of NXT-ID from a “sell” rating to a “hold” rating in a report on Monday, August 17th. Northland Securities lowered their target price on shares of NXT-ID from $6.00 to $5.75 and set an “outperform” rating on the stock in a research note on Thursday, June 4th.

Shares of NXT-ID (NASDAQ:NXTD) opened at 1.11 on Friday. The stock’s market cap is $30.57 million. NXT-ID has a 12-month low of $0.96 and a 12-month high of $4.20. The company’s 50-day moving average is $1.50 and its 200-day moving average is $2.35.

NXT-ID Inc is a United States-based company that provides security solutions to mobile devices. The Company provides MobileBio, a suite of biometric solutions that secure consumers’ mobile platforms with focus on the growing m-commerce market. MobileBio mitigates consumer risks associated with mobile computing, m-commerce and smart OS-enabled devices. The Company’s products are MobileBio biocloud; identity authentication solution for consumer applications, MobileBio wocket, MobileBio facematch; facial recognition system for smartphones, tablets, laptop and desktop, and MobileBio voicematch; identification of the specific individual and can communicate with the intended device directly or remotely.

To get a free copy of the research report on NXT-ID (NXTD), click here. For more information about research offerings from Zacks Investment Research, visit

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