Perceptron (NASDAQ:PRCP) posted its quarterly earnings data on Monday. The scientific and technical instruments company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01), Fidelity Earnings reports. Perceptron had a positive return on equity of 0.17% and a negative net margin of 9.08%. The business had revenue of $17.85 million during the quarter, compared to the consensus estimate of $20.37 million.
PRCP traded down $0.21 on Tuesday, hitting $4.56. 13,271 shares of the stock traded hands, compared to its average volume of 19,554. Perceptron has a 52 week low of $3.56 and a 52 week high of $8.88. The firm has a market capitalization of $46.11 million, a PE ratio of 456.00 and a beta of 0.91. The business has a fifty day moving average price of $4.64 and a two-hundred day moving average price of $4.79.
Several brokerages recently issued reports on PRCP. B. Riley lowered their price target on Perceptron from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, September 9th. Zacks Investment Research lowered Perceptron from a “buy” rating to a “strong sell” rating in a research note on Thursday, November 7th.
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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