Lake Street Capital Upgrades Selectica Inc. (DTRM) to Buy
Selectica Inc. (NASDAQ:DTRM) was upgraded by Lake Street Capital from a “hold” rating to a “buy” rating in a research note issued on Friday.
Separately, Zacks Investment Research cut Selectica from a “hold” rating to a “sell” rating in a research report on Monday, October 10th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $4.58.
Shares of Selectica (NASDAQ:DTRM) opened at 2.00 on Friday. The stock’s market cap is $22.82 million. Selectica has a 12-month low of $0.82 and a 12-month high of $3.37. The firm has a 50 day moving average price of $1.85 and a 200 day moving average price of $1.62.
Selectica (NASDAQ:DTRM) last posted its quarterly earnings data on Thursday, November 10th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by $0.07. The firm had revenue of $6.58 million for the quarter, compared to analysts’ expectations of $6.56 million. Selectica had a negative net margin of 50.63% and a negative return on equity of 67.81%. The firm’s revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company posted ($0.32) EPS. On average, equities analysts expect that Selectica will post ($0.34) EPS for the current year.
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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