News coverage about PC Tel (NASDAQ:PCTI) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PC Tel earned a news impact score of 0.06 on Accern’s scale. Accern also gave press coverage about the Wireless communications provider an impact score of 45.6620658924897 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Lake Street Capital Downgrades PC Tel (PCTI) to Hold (americanbankingnews.com)
- B. Riley Upgrades PC Tel (PCTI) to “Buy” (americanbankingnews.com)
- PC Tel Inc (PCTI) Given Consensus Rating of “Strong Buy” by Brokerages (americanbankingnews.com)
- Pctel: 2Q Earnings Snapshot (finance.yahoo.com)
- Pctel (PCTI) Reports Break-Even Earnings for Q2 (finance.yahoo.com)
PC Tel traded down $0.25, reaching $4.44, during mid-day trading on Friday, MarketBeat.com reports. 353,726 shares of the stock traded hands, compared to its average volume of 43,944. The stock has a market cap of $85.63 million, a PE ratio of 44.40 and a beta of 0.51. PC Tel has a 12-month low of $4.41 and a 12-month high of $7.85.
PC Tel (NASDAQ:PCTI) last posted its quarterly earnings data on Wednesday, May 9th. The Wireless communications provider reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). The company 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 1.41% and a net margin of 2.35%. During the same quarter in the prior year, the business earned $0.05 earnings per share. equities research analysts anticipate that PC Tel will post 0.2 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 15th. Shareholders of record on Wednesday, August 8th will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend is Tuesday, August 7th. PC Tel’s payout ratio is 220.00%.
PCTI has been the subject of a number of research reports. Zacks Investment Research upgraded PC Tel from a “hold” rating to a “buy” rating and set a $8.25 price objective for the company in a research report on Tuesday, April 17th. TheStreet upgraded PC Tel from a “c+” rating to a “b” rating in a research report on Friday, May 4th. ValuEngine cut PC Tel from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. B. Riley upgraded PC Tel from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $8.50 to $4.50 in a research report on Thursday. Finally, Lake Street Capital cut PC Tel from a “buy” rating to a “hold” rating and reduced their price objective for the company from $9.00 to $6.00 in a research report on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $6.25.
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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