Radcom (RDCM) Earning Somewhat Favorable Press Coverage, Study Finds
Media headlines about Radcom (NASDAQ:RDCM) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than 20 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. Radcom earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 46.715693873733 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities research analysts have recently commented on RDCM shares. Needham & Company LLC reissued a “buy” rating and issued a $27.00 target price on shares of Radcom in a research note on Wednesday, August 9th. William Blair reaffirmed an “outperform” rating on shares of Radcom in a research note on Thursday, June 8th. Zacks Investment Research cut Radcom from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. Finally, BidaskClub raised Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. One research analyst has rated the stock with a sell rating and three have issued a buy rating to the company. Radcom has an average rating of “Buy” and a consensus price target of $25.00.
Radcom (RDCM) opened at 18.75 on Friday. The firm has a 50-day moving average price of $20.16 and a 200-day moving average price of $19.50. The firm’s market capitalization is $219.28 million. Radcom has a 1-year low of $16.60 and a 1-year high of $22.45.
Radcom (NASDAQ:RDCM) last released its quarterly earnings results on Monday, August 7th. The technology company reported ($0.02) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01. Radcom had a negative return on equity of 2.19% and a negative net margin of 3.90%. The business had revenue of $8.92 million during the quarter, compared to analyst estimates of $8.68 million. During the same quarter last year, the company posted $0.20 EPS. Radcom’s revenue for the quarter was up 23.9% on a year-over-year basis. Equities analysts expect that Radcom will post $0.13 earnings per share for the current fiscal year.
Radcom Company Profile
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.
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