Perceptron, Inc. (NASDAQ:PRCP) – B. Riley issued their Q1 2021 earnings per share (EPS) estimates for shares of Perceptron in a report issued on Wednesday, February 12th. B. Riley analyst C. Horn expects that the scientific and technical instruments company will post earnings of $0.11 per share for the quarter. B. Riley also issued estimates for Perceptron’s Q2 2021 earnings at $0.15 EPS, Q3 2021 earnings at $0.03 EPS, Q4 2021 earnings at $0.13 EPS and FY2021 earnings at $0.42 EPS.
Separately, Zacks Investment Research raised Perceptron from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 15th.
PRCP stock opened at $5.16 on Thursday. The company has a market cap of $49.91 million, a PE ratio of -6.14 and a beta of 1.02. The business has a 50-day simple moving average of $5.91 and a 200 day simple moving average of $5.04. Perceptron has a 52 week low of $3.56 and a 52 week high of $8.14. The company has a quick ratio of 1.98, a current ratio of 2.45 and a debt-to-equity ratio of 0.08.
Perceptron (NASDAQ:PRCP) last posted its quarterly earnings results on Monday, February 10th. The scientific and technical instruments company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). The company had revenue of $19.13 million during the quarter, compared to analyst estimates of $23.28 million. Perceptron had a negative net margin of 11.35% and a negative return on equity of 1.13%.
A number of hedge funds have recently bought and sold shares of PRCP. Bailard Inc. bought a new position in Perceptron in the third quarter valued at about $92,000. Essex Investment Management Co. LLC bought a new position in Perceptron in the fourth quarter valued at about $426,000. Ancora Advisors LLC grew its position in Perceptron by 94.2% in the third quarter. Ancora Advisors LLC now owns 114,712 shares of the scientific and technical instruments company’s stock valued at $550,000 after acquiring an additional 55,646 shares during the last quarter. Quantum Capital Management grew its position in Perceptron by 3.1% in the third quarter. Quantum Capital Management now owns 234,513 shares of the scientific and technical instruments company’s stock valued at $1,124,000 after acquiring an additional 6,994 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in Perceptron by 5.5% in the fourth quarter. Renaissance Technologies LLC now owns 672,814 shares of the scientific and technical instruments company’s stock valued at $3,700,000 after acquiring an additional 34,879 shares during the last quarter. 58.78% of the stock is owned by institutional investors and hedge funds.
Perceptron, Inc develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.
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