SITO Mobile Ltd. (NASDAQ:SITO) will be announcing its earnings results on Tuesday, November 22nd.

SITO Mobile (NASDAQ:SITO) last issued its earnings results on Monday, November 14th. The company reported $0.03 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. SITO Mobile had a negative return on equity of 3.92% and a negative net margin of 0.98%. The company earned $10.30 million during the quarter, compared to the consensus estimate of $9.94 million. On average, analysts expect SITO Mobile to post $0.04 EPS for the current fiscal year and $0.16 EPS for the next fiscal year.

Earnings History for SITO Mobile (NASDAQ:SITO)

SITO Mobile Ltd. (NASDAQ:SITO) opened at 3.92 on Friday. The stock’s 50 day moving average price is $4.93 and its 200 day moving average price is $4.18. The company’s market capitalization is $68.12 million. SITO Mobile Ltd. has a 52 week low of $1.55 and a 52 week high of $6.08.

A number of equities analysts have recently commented on the company. Zacks Investment Research raised SITO Mobile from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a report on Wednesday, September 7th. Aegis assumed coverage on SITO Mobile in a report on Monday, September 12th. They issued a “buy” rating and a $6.50 price target for the company.

A number of large investors have recently bought and sold shares of SITO. Cannell Peter B & Co. Inc. raised its stake in SITO Mobile by 20.2% in the second quarter. Cannell Peter B & Co. Inc. now owns 541,695 shares of the company’s stock valued at $1,961,000 after buying an additional 91,000 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in SITO Mobile during the second quarter valued at about $235,000. BlackRock Fund Advisors raised its stake in SITO Mobile by 917.7% in the second quarter. BlackRock Fund Advisors now owns 30,420 shares of the company’s stock valued at $110,000 after buying an additional 27,431 shares in the last quarter. Finally, Northern Trust Corp acquired a new stake in SITO Mobile during the third quarter valued at about $108,000. 16.33% of the stock is owned by institutional investors.

About SITO Mobile

SITO Mobile Ltd., formerly Single Touch Systems Inc, is a provider of mobile location-based advertising platform serving businesses, advertisers and brands. The Company provides solutions through its platform, which allows marketers to create content targeted to audiences, based on location, interests, behaviors and loyalty.

5 Day Chart for NASDAQ:SITO

Receive News & Stock Ratings for SITO Mobile Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SITO Mobile Ltd. and related stocks with our FREE daily email newsletter.