Pointer Telocation (NASDAQ:PNTR) Earning Negative Press Coverage, Study Shows
News coverage about Pointer Telocation (NASDAQ:PNTR) has been trending negative recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pointer Telocation earned a media sentiment score of -0.39 on Accern’s scale. Accern also assigned headlines about the communications equipment provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Brookfield Infrastructure Partners (BIP) & Pointer Telocation (NASDAQ:PNTR) Head to Head Survey (americanbankingnews.com)
- Zacks: Analysts Anticipate Pointer Telocation Ltd. (NASDAQ:PNTR) to Post $0.20 Earnings Per Share (americanbankingnews.com)
- Pointer Telocation Announces That an Application to Recognize a Claim as a Class Action Was Filed Against the Company (finance.yahoo.com)
- Analyzing Pointer Telocation (PNTR) and Brookfield Infrastructure Partners (BIP) (americanbankingnews.com)
- Reviewing Brookfield Infrastructure Partners (BIP) and Pointer Telocation (PNTR) (americanbankingnews.com)
Pointer Telocation (NASDAQ PNTR) traded up 2.55% on Friday, reaching $12.05. The company’s stock had a trading volume of 28,817 shares. The firm has a market cap of $95.28 million, a PE ratio of 26.48 and a beta of 0.65. The stock’s 50 day moving average price is $12.69 and its 200 day moving average price is $10.01. Pointer Telocation has a 52-week low of $5.40 and a 52-week high of $14.65.
Pointer Telocation (NASDAQ:PNTR) last released its quarterly earnings results on Thursday, May 18th. The communications equipment provider reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.08. Pointer Telocation had a return on equity of 15.39% and a net margin of 5.34%. The firm had revenue of $19.03 million for the quarter, compared to analysts’ expectations of $17.10 million. Equities research analysts expect that Pointer Telocation will post $0.78 earnings per share for the current fiscal year.
A number of research analysts recently commented on PNTR shares. Rodman & Renshaw boosted their price target on Pointer Telocation from $10.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, May 19th. ValuEngine raised Pointer Telocation from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded Pointer Telocation from a “hold” rating to a “sell” rating in a research note on Wednesday, June 14th. Finally, Roth Capital started coverage on Pointer Telocation in a research note on Friday, July 7th. They issued a “buy” rating and a $16.00 price target for the company.
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About Pointer Telocation
Pointer Telocation Ltd. is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets, such as cargo, assets, shipping and containers. The Company offers roadside assistance (RSA) services, automobile repair and towing services, stolen vehicle recovery (SVR) and other services.
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