Equities Analysts Offer Predictions for Radcom Ltd.’s Q4 2018 Earnings (RDCM)
Radcom Ltd. (NASDAQ:RDCM) – Investment analysts at William Blair cut their Q4 2018 earnings per share (EPS) estimates for Radcom in a research note issued on Monday. William Blair analyst D. Netis now expects that the technology company will earn $0.11 per share for the quarter, down from their previous forecast of $0.12. William Blair currently has a “Buy” rating on the stock.
Radcom (NASDAQ:RDCM) last announced its quarterly earnings results on Monday, August 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The company had revenue of $8.92 million during the quarter, compared to the consensus estimate of $8.68 million. Radcom had a negative net margin of 0.27% and a positive return on equity of 0.71%. The company’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 earnings per share. WARNING: This piece of content was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/11/10/equities-analysts-offer-predictions-for-radcom-ltd-s-q4-2018-earnings-rdcm.html.
Other research analysts also recently issued research reports about the stock. Needham & Company LLC reiterated a “buy” rating and issued a $27.00 target price on shares of Radcom in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. ValuEngine upgraded shares of Radcom from a “sell” rating to a “hold” rating in a research note on Sunday, September 3rd. Finally, Zacks Investment Research downgraded shares of Radcom from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Radcom presently has an average rating of “Hold” and an average price target of $27.00.
Shares of Radcom (NASDAQ RDCM) remained flat at $$20.15 during trading hours on Thursday. The company’s stock had a trading volume of 35,778 shares, compared to its average volume of 44,931. The company has a market capitalization of $267.19, a price-to-earnings ratio of 992.50 and a beta of 1.16. Radcom has a one year low of $16.60 and a one year high of $22.45.
A number of institutional investors have recently modified their holdings of the stock. Granite Investment Partners LLC bought a new position in Radcom during the third quarter valued at approximately $548,000. ETF Managers Group LLC purchased a new stake in Radcom during the second quarter valued at approximately $101,000. Goldman Sachs Group Inc. increased its holdings in Radcom by 0.8% during the second quarter. Goldman Sachs Group Inc. now owns 34,475 shares of the technology company’s stock valued at $667,000 after buying an additional 272 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in Radcom by 161.2% during the second quarter. Russell Investments Group Ltd. now owns 304,346 shares of the technology company’s stock valued at $5,889,000 after buying an additional 187,816 shares during the last quarter. Finally, Malaga Cove Capital LLC increased its holdings in Radcom by 9.1% during the second quarter. Malaga Cove Capital LLC now owns 12,000 shares of the technology company’s stock valued at $224,000 after buying an additional 1,000 shares during the last quarter. Institutional investors own 13.31% of the company’s stock.
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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