RADCOM Ltd. (RDCM) Receives Average Recommendation of “Hold” from Analysts

Share on StockTwits

RADCOM Ltd. (NASDAQ:RDCM) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $12.00.

Several equities analysts have recently weighed in on RDCM shares. BidaskClub downgraded shares of RADCOM from a “sell” rating to a “strong sell” rating in a research note on Friday, August 10th. ValuEngine raised shares of RADCOM from a “hold” rating to a “buy” rating in a research note on Friday, August 10th. Zacks Investment Research raised shares of RADCOM from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Saturday, August 11th. William Blair reissued an “outperform” rating on shares of RADCOM in a research note on Friday, September 14th. Finally, TheStreet downgraded shares of RADCOM from a “b-” rating to a “c” rating in a research note on Monday, September 17th.

Hedge funds have recently modified their holdings of the business. Northern Trust Corp purchased a new position in RADCOM during the second quarter worth about $104,000. Jane Street Group LLC purchased a new position in RADCOM during the third quarter worth about $247,000. Laurion Capital Management LP purchased a new position in RADCOM during the third quarter worth about $329,000. Malaga Cove Capital LLC raised its stake in RADCOM by 29.6% during the third quarter. Malaga Cove Capital LLC now owns 48,606 shares of the technology company’s stock worth $552,000 after purchasing an additional 11,100 shares during the period. Finally, Renaissance Technologies LLC raised its stake in RADCOM by 119.7% during the second quarter. Renaissance Technologies LLC now owns 154,700 shares of the technology company’s stock worth $3,055,000 after purchasing an additional 84,300 shares during the period. 25.44% of the stock is currently owned by institutional investors.

Shares of NASDAQ RDCM traded down $0.14 during trading on Monday, hitting $8.13. The company had a trading volume of 28,049 shares, compared to its average volume of 27,739. RADCOM has a fifty-two week low of $7.91 and a fifty-two week high of $21.80. The firm has a market cap of $111.92 million, a price-to-earnings ratio of 28.52 and a beta of 0.32.

RADCOM (NASDAQ:RDCM) last posted its quarterly earnings results on Wednesday, November 7th. The technology company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.11) by $0.16. The firm had revenue of $8.52 million for the quarter, compared to the consensus estimate of $10.70 million. RADCOM had a net margin of 9.76% and a return on equity of 4.99%. Equities analysts expect that RADCOM will post -0.21 EPS for the current fiscal year.

RADCOM Company Profile

RADCOM Ltd. provides service assurance and customer experience management solutions for communication service providers (CSPs). Its carrier-grade solutions support mobile and fixed networks, and scale to terabit data bandwidths to enable data analytics. The company offers solutions for virtualized infrastructure and next-generation networks.

See Also: Momentum Indicator: Relative Strength Index

Receive News & Ratings for RADCOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RADCOM and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Experience Token Price Reaches $0.0001
Experience Token Price Reaches $0.0001
Iberdrola SA  Receives Consensus Rating of “Buy” from Brokerages
Iberdrola SA Receives Consensus Rating of “Buy” from Brokerages
Wells Fargo & Co  Receives $63.81 Consensus PT from Brokerages
Wells Fargo & Co Receives $63.81 Consensus PT from Brokerages
RADCOM Ltd.  Receives Average Recommendation of “Hold” from Analysts
RADCOM Ltd. Receives Average Recommendation of “Hold” from Analysts
First US Bancshares  Reaches New 12-Month Low at $7.99
First US Bancshares Reaches New 12-Month Low at $7.99
Green Brick Partners  Hits New 52-Week Low at $7.88
Green Brick Partners Hits New 52-Week Low at $7.88


Leave a Reply

© 2006-2018 Ticker Report