About Numerex Corp.
Numerex Corp. is a holding company. The Company, through its subsidiaries, provides managed enterprise solutions, which enable the Internet of Things (IoT). The Company offers solutions to incorporate the IoT building blocks, such as device, network, application and platform. Its technology encompasses a range of the IoT ecosystem and delivers solutions for enterprise users. It provides various enabling value-added services through the go-to-market process for its customers by simplifying the IoT implementation through its cloud-based and horizontal IoT platform. The Company offers its network services through cellular, satellite, broadband and wireline networks worldwide to transmit data. It offers Numerex platform, which combines IoT service enablement features with application framework to deploy solutions. The Company's cellular networks include national and regional carriers, and consist of second generation (2G), third generation (3G) and fourth generation (4G) technologies.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communication Equipment
- Sub-Industry: Communications Equipment
- Exchange: NASDAQ
- Symbol: NMRX
- CUSIP: 67053A10
- Previous Close: $5.49
- 50 Day Moving Average: $6.35
- 200 Day Moving Average: $7.37
- 52-Week Range: $5.36 - $9.01
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -39.21
- P/E Growth: -0.47
- Market Cap: $107.51M
- Outstanding Shares: 19,583,000
- Beta: 0.64
- Net Margins: -21.69%
- Return on Equity: -13.29%
- Return on Assets: -8.55%
Companies Related to Numerex Corp.:
- Debt-to-Equity Ratio: 0.27%
- Current Ratio: 1.69%
- Quick Ratio: 1.33%
What is Numerex Corp.'s stock symbol?
Numerex Corp. trades on the NASDAQ under the ticker symbol "NMRX."
Where is Numerex Corp.'s stock going? Where will Numerex Corp.'s stock price be in 2017?
3 equities research analysts have issued 12-month price targets for Numerex Corp.'s stock. Their forecasts range from $5.50 to $9.50. On average, they expect Numerex Corp.'s share price to reach $7.33 in the next year.
When will Numerex Corp. announce their earnings?
Numerex Corp. is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.
What are analysts saying about Numerex Corp. stock?
Here are some recent quotes from research analysts about Numerex Corp. stock:
According to Zacks Investment Research, "Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating efficiencies for its customers. Numerex provides its technology and services through its integrated platforms, which are generally sold on a subscription basis. The Company offers a portfolio of managed end-to-end IoT solutions including smart devices, network connectivity and service applications capable of addressing the needs of a wide spectrum of vertical markets and industrial customers. The Company's mission is to empower enterprise operations with world-class, managed IoT solutions that are simple, innovative, scalable, and secure. Numerex is ISO 27001 information security-certified, highlighting the Company's focus on data security, service reliability and around-the-clock support of its customers. " (1/11/2017)
Canaccord Genuity analysts commented, "We met with Marc Zionts, CEO of Numerex, and we believe he is making progress in implementing transformational change with a leaner but experienced management team now in place to help drive change. With 2016 a year of transition including a strategic change in sales and marketing with a more targeted end market approach towards verticals such as tank and asset monitoring, we anticipate declining hardware sales to weigh on 2016 results. In fact, we believe management has terminated a very large but low-margin hardware-only deal. Despite the transition in the business model impacting near-term results, we maintain our belief Numerex’s focus on higher-value managed services deals positions the company for solid long-term growth trends in its core IoT verticals such as security, supply chain, emergency response, tank monitoring, and asset tracking. We believe these trends should drive solid subscription revenue growth, increased ARPU, and expanding EBITDA margins along with a more targeted end market approach. Given our lowered hardware estimates, we have lowered our adjusted EBITDA estimates and lower our price target to $9 from $11." (2/29/2016)
Who owns Numerex Corp. stock?
Numerex Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include Yorkmont Capital Partners, LP (7.70%), Dimensional Fund Advisors LP (1.54%), Renaissance Technologies LLC (1.33%), Emancipation Management LLC (1.15%) and State Street Corp (0.83%). Company insiders that own Numerex Corp. stock include Andrew J Ryan, Eric Singer, Marc J Zionts, Richard A Flynt Jr, Shu Gan, Stratton J Nicolaines and Tony G Holcombe.
Who sold Numerex Corp. stock? Who is selling Numerex Corp. stock?
Numerex Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Emancipation Management LLC and Dimensional Fund Advisors LP.
Who bought Numerex Corp. stock? Who is buying Numerex Corp. stock?
Numerex Corp.'s stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp and Renaissance Technologies LLC. Company insiders that have bought Numerex Corp. stock in the last two years include Andrew J Ryan, Eric Singer, Marc J Zionts, Richard A Flynt Jr, Shu Gan, Stratton J Nicolaines and Tony G Holcombe.
How do I buy Numerex Corp. stock?
Shares of Numerex Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Numerex Corp. stock cost?
One share of Numerex Corp. stock can currently be purchased for approximately $5.49.