Crexendo (CXDO) Stock Price, News & Analysis

Company Overview

Crexendo, Inc. provides cloud communication platform and services, video collaboration, and managed IT services for businesses in the United States and internationally. It operates through two segments, Cloud Telecommunications Services and Software Solutions. The Cloud Telecommunications segment provides telecommunications services that transmit calls using Internet protocol (IP) or cloud technology, which converts voice signals into digital data packets for transmission over the Internet or cloud; and broadband Internet services, as well as develops end user portals for account and license management, and billing and customer support. This segment is also involved in the sale and lease of cloud telecommunications equipment. In addition, it offers hardware, software, and unified communication solutions for businesses using IP or cloud technology over high-speed internet connection through various devices and user interfaces, such as desktop phones and/or mobile, and desktop applications under the Crexendo brand name. The Software Solutions segment provides a suite of unified communications, collaboration, video conferencing, and contact center solutions. This segment also offers SNAPsolution, an IP-based platform; SNAPaccel, a software-as-a-service based software; subscription maintenance and support services; and professional services, including consulting, technical support, resident engineer, design, and installation services. The company was formerly known as iMergent, Inc. and changed its name to Crexendo, Inc. in May 2011. Crexendo, Inc. was incorporated in 1995 and is based in Tempe, Arizona.

Key Stats

• Today's Range: $4.95 to $5.30
• 50-Day Range: $3.90 to $5.29
• 52-Week Range: $1.54 to $7.59
• Volume: 98,545 shs
• Average Volume: 172,830 shs
• Market Capitalization: $138.68 million
• P/E Ratio: 57.67
• Dividend Yield: N/A
• Price Target: $6.50
• Consensus Rating: Buy

Crexendo Stock Analysis - MarketRank™

Crexendo scored higher than 70% of companies evaluated by MarketBeat, and ranked 280th out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Crexendo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Crexendo has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -7.14%

Earnings Growth

Earnings for Crexendo are expected to decrease by -7.14% in the coming year, from $0.14 to $0.13 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Crexendo is 57.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Crexendo is 57.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 226.89.

Price to Book Value per Share Ratio

Crexendo has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.72% of the float of Crexendo has been sold short.

Short Interest Ratio / Days to Cover

Crexendo has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Crexendo has recently increased by 2.86%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Crexendo does not currently pay a dividend.

Dividend Growth

Crexendo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.72% of the float of Crexendo has been sold short.

Short Interest Ratio / Days to Cover

Crexendo has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Crexendo has recently increased by 2.86%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.19

News Sentiment

Crexendo has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Crexendo this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for CXDO on MarketBeat in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Crexendo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $545,862.00 in company stock.

Percentage Held by Insiders

56.20% of the stock of Crexendo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 9.53% of the stock of Crexendo is held by institutions.

CXDO Stock Analysis - Frequently Asked Questions

How have CXDO shares performed this year?

Crexendo's stock was trading at $4.85 at the start of the year. Since then, CXDO shares have increased by 7.0% and is now trading at $5.19.
View the best growth stocks for 2024 here.

How were Crexendo's earnings last quarter?

Crexendo, Inc. (NASDAQ:CXDO) announced its quarterly earnings results on Tuesday, August, 6th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.04 by $0.01. The company had revenue of $14.69 million for the quarter, compared to analyst estimates of $14.18 million. Crexendo had a net margin of 4.89% and a trailing twelve-month return on equity of 12.86%.

Does Crexendo have any subsidiaries?

Crexendo subsidiaries include NetSapiens, Centric Telecom Inc. , Crexendo Business Solutions Inc., Crexendo Business Solutions of Virginia Inc, Crexendo International Inc., NetSapiens Canada Inc, NetSapiens International Limited, NetSapiens LLC, and NSHC Inc..

Who are Crexendo's major shareholders?

Crexendo's top institutional shareholders include Essex Investment Management Co. LLC (3.10%) and Creative Planning (1.99%). Insiders that own company stock include Steven G Mihaylo, Anand Buch, David Tzat-Kin Wang, Jeffrey Parr Bash, Jeffrey G Korn, Todd Andrew Goergen, Jon Brinton, Anil K Puri and Douglas Walter Gaylor.
View institutional ownership trends.

How do I buy shares of Crexendo?

Shares of CXDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Crexendo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Crexendo investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Jabil (JBL), Novo Nordisk A/S (NVO), e.l.f. Beauty (ELF) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 10/13/2024
• Next Earnings (Estimated): 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Telephone communication, except radio
• Sub-Industry: Communication
• Current Symbol: NASDAQ:CXDO
• CUSIP: N/A
• CIK: 1075736
• Web: www.crexendo.com
• Phone: (602) 714-8500
• Fax: 302-674-5266
• Employees: 120
• Year Founded: 1995

Price Target and Rating

• Average Stock Price Target: $6.50
• High Stock Price Target: $7.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +25.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.09
• Trailing P/E Ratio: 57.67
• Forward P/E Ratio: 37.07
• P/E Growth: N/A
• Net Income: $-360,000.00
• Net Margins: 4.89%
• Pretax Margin: 5.07%
• Return on Equity: 12.86%
• Return on Assets: 10.31%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 2.10
• Quick Ratio: 2.04

Sales & Book Value

• Annual Sales: $53.20 million
• Price / Sales: 2.61
• Cash Flow: $0.25 per share
• Price / Cash Flow: 20.60
• Book Value: $1.71 per share
• Price / Book: 3.04

Miscellaneous

• Outstanding Shares: 26,720,000
• Free Float: 11,701,000
• Market Cap: $138.68 million
• Optionable: Optionable
• Beta: 1.18