A number of other equities research analysts have also recently issued reports on PCMI. Roth Capital cut PCM from a buy rating to a neutral rating and lowered their price objective for the company from $36.00 to $35.00 in a research note on Tuesday, June 25th. ValuEngine upgraded PCM from a hold rating to a buy rating in a research note on Monday, June 24th. Finally, Zacks Investment Research cut PCM from a strong-buy rating to a hold rating in a research note on Thursday, June 27th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and an average target price of $30.67.
Shares of PCM stock opened at $34.84 on Friday. PCM has a 52-week low of $14.80 and a 52-week high of $39.69. The firm has a 50-day moving average price of $33.51. The company has a market cap of $427.39 million, a PE ratio of 15.98, a P/E/G ratio of 0.71 and a beta of 1.34. The company has a quick ratio of 0.94, a current ratio of 1.06 and a debt-to-equity ratio of 0.24.
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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