Is ARI Network Services Inc. (NASDAQ:ARIS) a paper tiger?

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Some 3 analysts have recommended on the stock of ARI Network Services Inc. (NASDAQ:ARIS) so far and from them the equity has an average call of Buy. But what does that indicate? It deciphers analysts? recommendations; shareholders should know that 1.00 – 1.24 implies that a stock is a BUY. Call of 1.75 – 2.24 implies that an equity is a HOLD. SELL recommendation is represented by numbers 2.75 – 3.00.

Let’s look into the technical of the stock

The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend.

As for the price, analysts project that shares of ARI Network Services Inc. will be trading around $7.00 in the next 12 months.

The stock price is influenced by the financial performance and represents investors opinion of its future. That being the case, shareholders should recall that ARI Network Services Inc. posted EPS of $0.08 in its recent quarter.

The firm recorded the EPS from sales of 13.43M%, which increased 0.11% from a same period a year ago.

ARI Network Services Inc. incurred expenses totaling $3.36M to produce the revenue. Gross profit, which is computed by deducting cost of sales from sales, was $10.07M.

Analysts on the average are projecting ARI Network Services Inc. to post EPS of $0.03 in the ongoing quarter.

Does ARI Network Services Inc. have the capacity to surpass expectations? Casting an eye on the firm?s liquidity position, you note that the firm generated net cash of $3.22M from its operations in the previous quarter, resulting in free cash flow of $3.1M. Net change in cash came at $1M.

Furthermore, the firm’s asset position was $60.16M at the close of the latest quarter. But ARI Network Services Inc. is carrying liabilities totaling $28.11M.

The firm ended the latest quarter with diluted due shares of 18.01M.

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