PC-Tel, Inc. (NASDAQ:PCTI) has received a consensus 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 twelve-month consensus target price of $8.50 for the company and are predicting that the company will post $0.05 EPS for the current quarter, according to Zacks. Zacks has also assigned PC-Tel an industry rank of 53 out of 255 based on the ratings given to its competitors.
A number of equities research analysts recently weighed in on PCTI shares. Zacks Investment Research cut PC-Tel from a “buy” rating to a “hold” rating in a research note on Saturday, April 21st. TheStreet upgraded PC-Tel from a “c+” rating to a “b” rating in a research note on Friday, May 4th. Finally, B. Riley restated a “buy” rating on shares of PC-Tel in a research note on Monday, March 12th.
Shares of PC-Tel traded down $0.05, reaching $6.41, during mid-day trading on Thursday, according to Marketbeat.com. 10,979 shares of the company were exchanged, compared to its average volume of 30,312. The stock has a market capitalization of $119.59 million, a P/E ratio of 64.10 and a beta of 0.53. PC-Tel has a 1 year low of $5.65 and a 1 year high of $7.85.
PC-Tel (NASDAQ:PCTI) last issued its quarterly earnings data on Wednesday, May 9th. The Wireless communications provider reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The firm had revenue of $21.73 million during the quarter, compared to analysts’ expectations of $21.70 million. PC-Tel had a return on equity of 1.44% and a net margin of 3.32%. During the same period in the prior year, the business posted $0.05 EPS. analysts predict that PC-Tel will post 0.2 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 15th. Investors of record on Tuesday, May 8th were paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date was Monday, May 7th. PC-Tel’s dividend payout ratio (DPR) is currently 220.00%.
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.
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