Pointer Telocation (NASDAQ:PNTR) issued its quarterly earnings results on Thursday. The communications equipment provider reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.01), Morningstar.com reports. The business had revenue of $18.26 million during the quarter, compared to analyst estimates of $18.47 million. Pointer Telocation had a net margin of 8.91% and a return on equity of 12.99%.
Shares of NASDAQ:PNTR opened at $14.30 on Friday. The stock has a market capitalization of $117.67 million, a PE ratio of 14.02 and a beta of 0.47. Pointer Telocation has a 52-week low of $10.25 and a 52-week high of $16.16. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.48 and a current ratio of 1.85.
PNTR has been the topic of several research analyst reports. HC Wainwright downgraded Pointer Telocation from a “buy” rating to a “neutral” rating and set a $15.72 price target on the stock. in a research report on Tuesday, March 26th. B. Riley reaffirmed a “neutral” rating and issued a $15.00 price target (down from $20.50) on shares of Pointer Telocation in a research report on Wednesday, May 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $15.91.
Pointer Telocation Company Profile
Pointer Telocation Ltd. provides mobile resource management (MRM) products and services for the automotive and insurance industries, and mobile assets management markets worldwide. It operates through MRM and Cellocator sgments. The MRM segment offers asset management, fleet management, stolen vehicle retrieval (SVR), and connected car services.
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