Brokerages Anticipate PC-Tel, Inc. (PCTI) to Announce ($0.01) EPS
PC-Tel, Inc. (NASDAQ:PCTI) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price objective of $8.50 for the company and are predicting that the company will post ($0.01) earnings per share for the current quarter, according to Zacks. Zacks has also assigned PC-Tel an industry rank of 91 out of 265 based on the ratings given to its competitors.
Several brokerages have weighed in on PCTI. B. Riley reiterated a “buy” rating on shares of PC-Tel in a research note on Monday, March 12th. Zacks Investment Research downgraded PC-Tel from a “buy” rating to a “hold” rating in a research note on Saturday.
Shares of PCTI stock opened at $7.28 on Thursday. PC-Tel has a twelve month low of $5.65 and a twelve month high of $8.48. The company has a market capitalization of $132.05, a price-to-earnings ratio of 66.18 and a beta of 0.56.
PC-Tel (NASDAQ:PCTI) last announced its earnings results on Thursday, March 15th. The Wireless communications provider reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. PC-Tel had a return on equity of 2.15% and a net margin of 4.09%. The company had revenue of $23.30 million for the quarter, compared to the consensus estimate of $23.73 million. During the same period last year, the business posted $0.08 EPS. equities research analysts predict that PC-Tel will post 0.21 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: “Brokerages Anticipate PC-Tel, Inc. (PCTI) to Announce ($0.01) EPS” was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States and international copyright and trademark legislation. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/04/22/brokerages-anticipate-pc-tel-inc-pcti-to-announce-0-01-eps.html.
PC-Tel Company Profile
PCTEL, Inc, together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company operates in two segments, Connected Solutions and RF Solutions. The Connected Solutions segment designs and delivers precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for PC-Tel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PC-Tel and related companies with MarketBeat.com's FREE daily email newsletter.