According to Zacks, “Determine, Inc. offers contract management, supply management and configuration solutions. The Company offers SmartContracts, SmartSource and SmartAnalytics. SmartContracts, a solution that streamlines contract processes from request, authoring, negotiation, approval and e-signature through ongoing obligations management, analysis, reporting and renewals; SmartSource, an enterprise scale solution to support the processes of supplier on-boarding, supplier selection and on-going supplier management; Selectica Configuration Solution, which enables enterprise organizations to create valid product and service combinations. It operates primarily in the United States, Canada, India, New Zealand, Switzerland, Germany, Hong Kong, Ireland, Norway and the United Kingdom. Determine, Inc., formerly known as Selectica, Inc., is headquartered in San Mateo, California. “
Separately, Needham & Company LLC reiterated a buy rating and issued a $7.00 price objective on shares of Selectica in a report on Friday, June 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $4.58.
Shares of Selectica (NASDAQ:DTRM) traded down 2.07% during mid-day trading on Monday, hitting $1.89. 121 shares of the stock traded hands. Selectica has a 52 week low of $0.82 and a 52 week high of $5.79. The company’s market cap is $21.56 million. The stock has a 50-day moving average of $1.79 and a 200-day moving average of $1.59.
Selectica (NASDAQ:DTRM) last posted its quarterly earnings data on Wednesday, August 10th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.02. The business earned $6.50 million during the quarter, compared to analysts’ expectations of $6.75 million. Selectica had a negative net margin of 50.63% and a negative return on equity of 67.81%. Selectica’s revenue for the quarter was up 3.2% compared to the same quarter last year. Analysts anticipate that Selectica will post ($0.34) EPS for the current year.
In other Selectica news, major shareholder Lloyd I. Miller III bought 18,746 shares of the business’s stock in a transaction that occurred on Thursday, July 21st. The stock was acquired at an average cost of $1.74 per share, with a total value of $32,618.04. Following the completion of the purchase, the insider now directly owns 30,780 shares in the company, valued at $53,557.20. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Lloyd I. Miller III bought 45,799 shares of the business’s stock in a transaction that occurred on Thursday, July 14th. The shares were acquired at an average cost of $1.65 per share, with a total value of $75,568.35. Following the completion of the purchase, the insider now owns 30,780 shares of the company’s stock, valued at $50,787. The disclosure for this purchase can be found here. Corporate insiders own 6.97% of the company’s stock.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Selectica Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Selectica Inc. and related companies with MarketBeat.com's FREE daily email newsletter.