Wall Street brokerages expect PCM, Inc. (NASDAQ:PCMI) to post earnings per share (EPS) of $0.55 for the current fiscal quarter, according to Zacks. Two analysts have made estimates for PCM’s earnings, with the highest EPS estimate coming in at $0.58 and the lowest estimate coming in at $0.51. PCM posted earnings per share of $0.47 during the same quarter last year, which would indicate a positive year-over-year growth rate of 17%. The company is scheduled to announce its next quarterly earnings results on Wednesday, July 25th.

According to Zacks, analysts expect that PCM will report full-year earnings of $1.94 per share for the current financial year, with EPS estimates ranging from $1.90 to $1.98. For the next financial year, analysts expect that the company will post earnings of $2.20 per share. Zacks’ EPS calculations are a mean average based on a survey of analysts that follow PCM.

PCM (NASDAQ:PCMI) last released its quarterly earnings results on Wednesday, April 25th. The specialty retailer reported $0.34 EPS for the quarter, topping the consensus estimate of $0.29 by $0.05. The company had revenue of $542.83 million for the quarter, compared to analyst estimates of $539.35 million. PCM had a return on equity of 11.19% and a net margin of 0.08%.

PCMI has been the topic of a number of recent research reports. Zacks Investment Research raised PCM from a “sell” rating to a “hold” rating in a report on Wednesday, February 21st. Roth Capital set a $15.00 price target on PCM and gave the company a “buy” rating in a research note on Thursday, March 8th. B. Riley set a $9.00 price target on PCM and gave the company a “buy” rating in a research note on Tuesday, March 6th. TheStreet downgraded PCM from a “c” rating to a “d+” rating in a research note on Thursday, March 8th. Finally, ValuEngine downgraded PCM from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company’s stock. PCM has an average rating of “Buy” and a consensus target price of $12.67.

In other news, major shareholder Jb Capital Partners Lp bought 30,500 shares of the firm’s stock in a transaction on Friday, April 6th. The shares were bought at an average cost of $8.07 per share, for a total transaction of $246,135.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 24.00% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the company. GSA Capital Partners LLP lifted its position in shares of PCM by 49.9% in the first quarter. GSA Capital Partners LLP now owns 21,038 shares of the specialty retailer’s stock valued at $175,000 after acquiring an additional 7,000 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of PCM by 2,587.7% in the third quarter. Wells Fargo & Company MN now owns 16,126 shares of the specialty retailer’s stock valued at $226,000 after acquiring an additional 15,526 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of PCM by 137.7% in the first quarter. California Public Employees Retirement System now owns 33,005 shares of the specialty retailer’s stock valued at $274,000 after acquiring an additional 19,122 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of PCM by 1,564.3% in the first quarter. JPMorgan Chase & Co. now owns 40,826 shares of the specialty retailer’s stock valued at $339,000 after acquiring an additional 38,373 shares in the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of PCM by 103.7% in the fourth quarter. Two Sigma Investments LP now owns 73,519 shares of the specialty retailer’s stock valued at $728,000 after acquiring an additional 37,419 shares in the last quarter. Institutional investors and hedge funds own 50.82% of the company’s stock.

PCM opened at $11.90 on Friday, MarketBeat.com reports. The company has a market capitalization of $142.05 million, a PE ratio of 10.44, a P/E/G ratio of 0.34 and a beta of 0.52. The company has a current ratio of 1.00, a quick ratio of 0.80 and a debt-to-equity ratio of 0.24. PCM has a 12-month low of $11.85 and a 12-month high of $12.00.

PCM Company Profile

PCM, Inc, through its subsidiaries, operates as a multi-vendor provider of technology products and solutions in the United States and the rest of Europe. The company operates through four segments: Commercial, Public Sector, Canada, and United Kingdom. It primarily sells device products, servers, storage products, network products, printers, and related accessories and devices.

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