PC Tel Inc (NASDAQ:PCTI) has received a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.
Analysts have set a 1-year consensus price target of $5.50 for the company and are anticipating that the company will post $0.07 earnings per share for the current quarter, according to Zacks. Zacks has also given PC Tel an industry rank of 25 out of 256 based on the ratings given to related companies.
A number of analysts have weighed in on PCTI shares. ValuEngine raised Vistra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, July 3rd. Zacks Investment Research cut Garrett Motion from a “hold” rating to a “sell” rating in a research report on Wednesday, March 20th.
PC Tel stock traded up $0.01 during mid-day trading on Friday, reaching $4.96. 16,335 shares of the company were exchanged, compared to its average volume of 71,760. PC Tel has a twelve month low of $3.88 and a twelve month high of $6.33. The stock has a 50-day moving average price of $4.84. The stock has a market capitalization of $91.35 million, a price-to-earnings ratio of -21.57 and a beta of 0.05.
Institutional investors have recently bought and sold shares of the business. BlackRock Inc. lifted its position in PC Tel by 3.4% during the 4th quarter. BlackRock Inc. now owns 532,307 shares of the Wireless communications provider’s stock worth $2,284,000 after acquiring an additional 17,488 shares during the period. 1492 Capital Management LLC acquired a new stake in shares of PC Tel in the 4th quarter valued at approximately $159,000. Municipal Employees Retirement System of Michigan acquired a new stake in shares of PC Tel in the 4th quarter valued at approximately $418,000. Rutabaga Capital Management LLC MA lifted its holdings in shares of PC Tel by 69.3% in the 1st quarter. Rutabaga Capital Management LLC MA now owns 941,895 shares of the Wireless communications provider’s stock valued at $4,719,000 after buying an additional 385,535 shares during the period. Finally, Boston Partners lifted its holdings in shares of PC Tel by 44.1% in the 1st quarter. Boston Partners now owns 193,541 shares of the Wireless communications provider’s stock valued at $970,000 after buying an additional 59,241 shares during the period. 62.88% of the stock is owned by institutional investors.
About PC Tel
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 designs and manufactures 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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