A2Z Smart Technologies Corp. and IR2S, a renowned integrator of advanced retail technologies in France, have recently joined forces in a definitive agreement. Their collaboration aims to introduce 30,000 state-of-the-art smart carts into renowned retail chains across France between 2023 and 2026. With IR2S taking the lead, they will oversee the integration, installation, support, and maintenance of Cust2Mate’s innovative smart carts in esteemed retail chains such as Monoprix and the Casino Group. These chains boast thousands of stores scattered throughout the country, ensuring widespread accessibility for customers. The initial batch of Cust2Mate’s smart carts is scheduled to arrive at Monoprix’s Monop Malakoff store near the iconic Champs-Elysées in Paris within the next 45 days.
Cust2Mate’s smart shopping carts are equipped with an array of advanced features designed to enhance convenience and security. These include cutting-edge AI technology and Radio Frequency Identification (RFID) capabilities. By incorporating these features, the smart carts aim to revolutionize the shopping experience and yield significant benefits. Customers can expect heightened satisfaction, increased basket sizes, reduced shrinkage, monetization of retail media, and a streamlined checkout process. The partnership between Cust2Mate and IR2S is anticipated to elevate the overall shopping journey for customers, offering unparalleled convenience and personalization. Simultaneously, it will drive operational excellence and increase revenue for retailers across France.
A2Z Smart Technologies Corp.
AZ
Neutral
Updated on: 07/12/2023
Financial Health
Weak
Debt to equity ratio: Buy
Price to earnings ratio: Sell
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Strong Sell
AZ: Mixed Performance on September 20, 2023, with Strong Earnings and Revenue Growth
AZ, a technology services company in the packaged software industry, saw a mixed performance on September 20, 2023. The stock opened at $1.69 and traded in a range of $1.66 to $1.71. The trading volume for the day was 928 shares.
In the previous year, the company experienced an earnings growth of 61.60%. This year, the earnings growth has slowed down but remains positive at 22.86%.
The company reported an annual profit of -$18.3 million, resulting in a net profit margin of -196.20%.
The stock’s price-to-earnings (P/E) ratio is not available. The price-to-sales ratio is 4.15.
AZ operates in the technology services sector, specifically in the packaged software industry.
AZ’s next reporting date is scheduled for December 4, 2023. Analysts are forecasting an EPS of -$0.20 for the current quarter. The company’s annual revenue for the previous year was $9.4 million.
Overall, AZ’s stock performance on September 20, 2023, was lackluster, but the company has shown strong earnings and revenue growth in recent years. Investors will be eagerly awaiting the next earnings report.
AZ Stock: Analysts Predict Significant Increase with Median Target Price of $18.00
AZ stock, also known as A2Z Smart Technologies Corp, has been performing well in the market, with analysts predicting a significant increase in its stock price. According to data from CNN Money, the 1 analyst offering a 12-month price forecast for AZ stock has a median target of $18.00. This indicates a potential increase of +952.63% from the last recorded price of $1.71.
The consensus among the polled investment analysts is to buy stock in A2Z Smart Technologies Corp. This rating has remained steady since June.
The current quarter’s earnings per share for AZ stock is -$0.20. While this may seem negative, it is important to note that earnings per share can fluctuate quarter to quarter, and a negative value does not necessarily indicate poor performance. It is crucial to consider other factors such as the company’s overall financial health and long-term growth potential.
In terms of sales, A2Z Smart Technologies Corp reported $3.6 million for the current quarter. While this figure provides insight into the company’s revenue generation, it is essential to analyze trends over multiple quarters to gauge the company’s overall sales performance.
Investors should keep an eye on A2Z Smart Technologies Corp as it continues to gain positive attention from analysts. The median target price of $18.00 suggests a significant potential for growth in the coming months.
Investors should conduct their own research and analysis before making any investment decisions.
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