Analysts expect that Determine Inc (NASDAQ:DTRM) will report earnings of ($0.13) per share for the current quarter, Zacks reports. Two analysts have made estimates for Determine’s earnings, with the highest EPS estimate coming in at ($0.11) and the lowest estimate coming in at ($0.14). Determine reported earnings per share of ($0.08) in the same quarter last year, which would indicate a negative year over year growth rate of 62.5%. The company is expected to report its next earnings report on Thursday, February 8th.

According to Zacks, analysts expect that Determine will report full year earnings of ($0.43) per share for the current fiscal year, with EPS estimates ranging from ($0.47) to ($0.39). For the next fiscal year, analysts forecast that the company will report earnings of ($0.38) per share, with EPS estimates ranging from ($0.48) to ($0.28). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Determine.

Determine (NASDAQ:DTRM) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.10) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.10). Determine had a negative return on equity of 88.32% and a negative net margin of 30.72%. The firm had revenue of $6.89 million for the quarter, compared to the consensus estimate of $6.77 million. During the same quarter last year, the business posted ($0.28) earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year.

A number of equities analysts recently commented on DTRM shares. B. Riley reiterated a “buy” rating and set a $3.50 price objective on shares of Determine in a research report on Monday, November 6th. Maxim Group downgraded Determine from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Zacks Investment Research downgraded Determine from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Finally, ValuEngine downgraded Determine from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $3.83.

In other Determine news, major shareholder Lloyd I. Miller III sold 62,000 shares of Determine stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $1.73, for a total value of $107,260.00. Following the sale, the insider now owns 250,820 shares in the company, valued at $433,918.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Lloyd I. Miller III sold 25,000 shares of Determine stock in a transaction on Friday, December 28th. The shares were sold at an average price of $1.69, for a total value of $42,250.00. Following the completion of the sale, the insider now owns 250,820 shares in the company, valued at approximately $423,885.80. The disclosure for this sale can be found here. Insiders sold 145,000 shares of company stock worth $248,610 in the last 90 days. Company insiders own 9.96% of the company’s stock.

An institutional investor recently bought a new position in Determine stock. Susquehanna International Group LLP bought a new stake in Determine Inc (NASDAQ:DTRM) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 76,436 shares of the technology company’s stock, valued at approximately $203,000. Susquehanna International Group LLP owned 0.62% of Determine as of its most recent SEC filing. 17.63% of the stock is owned by institutional investors.

Shares of Determine (DTRM) traded down $0.03 during trading on Monday, reaching $1.99. The company had a trading volume of 6,900 shares, compared to its average volume of 21,991. Determine has a 52-week low of $1.55 and a 52-week high of $3.93. The stock has a market capitalization of $29.91, a P/E ratio of -2.97 and a beta of 1.79. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.73 and a current ratio of 0.73.

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Determine Company Profile

Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.

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Earnings History and Estimates for Determine (NASDAQ:DTRM)

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