News articles about PC Tel (NASDAQ:PCTI) have trended somewhat negative this week, according to AlphaOne. AlphaOne, a unit of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PC Tel earned a media sentiment score of -0.04 on AlphaOne’s scale. AlphaOne also gave media stories about the Wireless communications provider an impact score of 64 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the stock’s share price in the immediate future.
Several analysts have recently issued reports on the stock. B. Riley reissued a “buy” rating and issued a $9.00 price target on shares of PC Tel in a research report on Saturday, May 13th. Wunderlich lowered shares of PC Tel from a “buy” rating to a “hold” rating and set a $8.00 price target on the stock. in a research report on Wednesday, May 10th. Zacks Investment Research lowered shares of PC Tel from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, Lake Street Capital assumed coverage on shares of PC Tel in a research report on Wednesday, April 12th. They issued a “buy” rating and a $8.00 price target on the stock.
PC Tel (PCTI) traded down 0.46% during mid-day trading on Tuesday, hitting $6.55. 27,062 shares of the stock traded hands. The company’s 50 day moving average price is $7.07 and its 200-day moving average price is $6.02. The stock’s market cap is $107.92 million. PC Tel has a 1-year low of $4.42 and a 1-year high of $8.48.
PC Tel (NASDAQ:PCTI) last released its earnings results on Tuesday, May 9th. The Wireless communications provider reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. PC Tel had a negative net margin of 13.70% and a positive return on equity of 0.32%. The company had revenue of $25 million for the quarter, compared to analysts’ expectations of $24.23 million. During the same quarter last year, the business earned ($0.03) EPS. The firm’s revenue was up 18.7% compared to the same quarter last year. Analysts predict that PC Tel will post $0.22 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Monday, May 8th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, May 4th. PC Tel’s payout ratio is -24.39%.
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PC Tel Company Profile
PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.
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