Equities analysts forecast that Perceptron, Inc. (NASDAQ:PRCP) will report earnings per share of $0.15 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Perceptron’s earnings. Perceptron posted earnings per share of $0.27 during the same quarter last year, which would suggest a negative year over year growth rate of 44.4%. The company is scheduled to report its next quarterly earnings results on Monday, February 5th.

According to Zacks, analysts expect that Perceptron will report full year earnings of $0.41 per share for the current financial year. For the next fiscal year, analysts expect that the firm will post earnings of $0.59 per share. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Perceptron.

Perceptron (NASDAQ:PRCP) last issued its quarterly earnings data on Monday, November 6th. The scientific and technical instruments company reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.07) by $0.23. Perceptron had a return on equity of 9.57% and a net margin of 4.70%. The company had revenue of $19.27 million during the quarter, compared to analyst estimates of $17.50 million.

Separately, Zacks Investment Research raised Perceptron from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a research note on Thursday, October 5th.

Shares of Perceptron (NASDAQ:PRCP) traded down $0.20 during midday trading on Friday, hitting $9.77. The stock had a trading volume of 44,200 shares, compared to its average volume of 38,540. Perceptron has a 52 week low of $5.96 and a 52 week high of $10.71. The stock has a market capitalization of $94.58, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 0.81 and a beta of 0.54.

Several institutional investors have recently made changes to their positions in the stock. Royce & Associates LP raised its holdings in shares of Perceptron by 1.2% during the second quarter. Royce & Associates LP now owns 868,830 shares of the scientific and technical instruments company’s stock valued at $6,325,000 after acquiring an additional 10,000 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Perceptron by 4.4% during the second quarter. Dimensional Fund Advisors LP now owns 684,901 shares of the scientific and technical instruments company’s stock valued at $4,986,000 after acquiring an additional 29,122 shares in the last quarter. Punch & Associates Investment Management Inc. raised its holdings in shares of Perceptron by 11.6% during the second quarter. Punch & Associates Investment Management Inc. now owns 453,000 shares of the scientific and technical instruments company’s stock valued at $3,298,000 after acquiring an additional 47,200 shares in the last quarter. New York State Common Retirement Fund raised its holdings in shares of Perceptron by 15.1% during the second quarter. New York State Common Retirement Fund now owns 321,669 shares of the scientific and technical instruments company’s stock valued at $2,342,000 after acquiring an additional 42,281 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of Perceptron by 35.1% during the third quarter. Wells Fargo & Company MN now owns 211,711 shares of the scientific and technical instruments company’s stock valued at $1,670,000 after acquiring an additional 55,025 shares in the last quarter. Institutional investors own 64.07% of the company’s stock.

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About Perceptron

Perceptron, Inc develops, produces and sells a range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and three-dimensional (3D) scanning. The Company’s products include 3D machine vision solutions, robot guidance, coordinate measuring machines (CMMs), laser scanning and advanced analysis software.

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Earnings History and Estimates for Perceptron (NASDAQ:PRCP)

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