According to Zacks, “Pointer Telocation Ltd provides range of services to insurance companies and automobile owners, including road-side assistance, vehicle towing, stolen vehicle retrieval, fleet management and other value added services. Pointer Telocation provides services, for the most part, in Israel, through its subsidiary Shagrir and in Argentina and Mexico through its local subsidiaries. “
Pointer Telocation (NASDAQ:PNTR) opened at 7.44 on Wednesday. The stock has a market cap of $58.02 million, a PE ratio of 17.63 and a beta of 0.86. The firm’s 50-day moving average price is $7.32 and its 200 day moving average price is $6.58. Pointer Telocation has a 1-year low of $4.97 and a 1-year high of $7.78.
Pointer Telocation (NASDAQ:PNTR) last announced its earnings results on Thursday, August 11th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.12 by $0.06. The company had revenue of $16.20 million for the quarter, compared to analysts’ expectations of $15.50 million. Pointer Telocation had a return on equity of 12.38% and a net margin of 3.58%. Equities research analysts expect that Pointer Telocation will post $0.52 EPS for the current year.
An institutional investor recently raised its position in Pointer Telocation stock. Renaissance Technologies LLC raised its stake in Pointer Telocation Ltd. (NASDAQ:PNTR) by 4.2% during the first quarter, according to its most recent filing with the SEC. The fund owned 105,300 shares of the company’s stock after buying an additional 4,200 shares during the period. Renaissance Technologies LLC owned approximately 1.36% of Pointer Telocation worth $636,000 as of its most recent SEC filing. Institutional investors own 3.94% of the company’s stock.
Pointer Telocation Company Profile
Pointer Telocation Ltd. is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets, such as cargo, assets, shipping and containers. The Company offers roadside assistance (RSA) services, automobile repair and towing services, stolen vehicle recovery (SVR) and other services.
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