Shares of Ameri Holdings Inc (NASDAQ:AMRH) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price target of $3.00 for the company and are forecasting that the company will post ($0.05) earnings per share for the current quarter, according to Zacks. Zacks has also given Ameri an industry rank of 173 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research raised shares of Ameri from a “hold” rating to a “buy” rating and set a $1.50 price target on the stock in a report on Friday, August 17th.
Ameri (NASDAQ:AMRH) last released its quarterly earnings results on Tuesday, August 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. Ameri had a negative net margin of 17.15% and a negative return on equity of 45.71%. The business had revenue of $11.08 million for the quarter, compared to analyst estimates of $12.88 million. As a group, sell-side analysts predict that Ameri will post -0.26 earnings per share for the current fiscal year.
Ameri Company Profile
AMERI Holdings, Inc, through its subsidiaries, provides SAP cloud and digital enterprise services worldwide. The company offers cloud services, including public, private, and hybrid SAP cloud services, as well as SAP HANA cloud migration and cloud automation solutions. It also provides digital services, such as Simple Advance Planning and Optimization mobile solution, a mobile application that offers sales professionals with real-time collaboration capabilities and customer data on their mobile devices; SAP IBP mobile app, which enables the real-time management and analysis of sales and operations planning related data from mobile devices; and robotic process automation that leverages the capability of artificially intelligent software agents for business process automation, as well as for reporting and analysis, and deliver insights into business functions by translating large data into structured reports.
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