NASDAQ:PCTI

PCTEL (PCTI) Stock Forecast, Price & News

$4.20

-0.03 (-0.71%)

(As of 09/22/2023 08:52 PM ET)

Compare

Today's Range: $4.20
▼
$4.30
50-Day Range: $4.00
▼
$5.07
52-Week Range: $3.78
▼
$5.15

Volume: 32,000 shs
Average Volume: 44,765 shs
Market Capitalization: $80.89 million

P/E Ratio: 12.35
Dividend Yield: 5.24%
Price Target: N/A

PCTEL MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Computer And Technology Sector

447th out of 587 stocks

Radio & T.V. Communications Equipment Industry

19th out of 23 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for PCTEL.

5.0

Short Interest

Percentage of Shares Shorted
0.60% of the float of PCTEL has been sold short.
Short Interest Ratio / Days to Cover
PCTEL has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PCTEL has recently decreased by 7.76%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
PCTEL is a leading dividend payer. It pays a dividend yield of 5.24%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
PCTEL has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of PCTEL is 64.71%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PCTI.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for PCTEL this week, compared to 0 articles on an average week.
MarketBeat Follows
2 people have added PCTEL to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PCTEL insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.55% of the stock of PCTEL is held by insiders.
Percentage Held by Institutions
45.39% of the stock of PCTEL is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PCTEL is 12.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of PCTEL is 12.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 262.14.
Price to Book Value per Share Ratio
PCTEL has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PCTEL (NASDAQ:PCTI) Stock

PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide. The company designs and manufactures precision antennas and industrial IoT devices that are deployed in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the industrial IoT. Its antenna portfolio includes Wi-Fi, Bluetooth, land mobile radio, tetra, global navigation satellite systems, cellular, industrial, scientific, medical, long range, and combination antenna solutions for used in public safety and military communications, utilities and energy, precision agriculture, smart traffic management, electric vehicle charging stations, passengers and cargo vehicles, forestry machinery, and off-road vehicles. The company's industrial IoT devices include access points, radio modules, sensor communication modules, and wireless communication sensors for used in utilities and smart grid, oil and gas, manufacturing, logistics, industrial automation, smart metering, and asset tracking markets. It also offers radio frequency (RF) test and measurement products that enhance the performance of wireless networks with a focus on LTE, public safety, and 5G technologies for cellular testing, public safety and private radio network testing, federal government communications testing, and indoor building network testing applications; and engineering design services. In addition, the company provides a cloud-based reporting platform for public safety to manage the data collection process and access final reports through an online map-based interface. It supplies its products to wireless equipment distributors and rental companies, public and private carriers, wireless infrastructure providers, and value-added resellers, as well as original equipment manufacturers. The company was incorporated in 1994 and is headquartered in Bloomingdale, Illinois.

PCTI Price History

30 days | 90 days | 365 days | Advanced Chart

PCTI Stock News Headlines

September 20, 2023 | americanbankingnews.com

PCTEL (NASDAQ:PCTI) Downgraded by StockNews.com to "Buy"

September 19, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: PCTEL (PCTI), Unity Software (U) and DZS (DZSI)

September 25, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

September 13, 2023 | finance.yahoo.com

PCTEL to Participate in Lake Street Capital Markets 7th Annual Best Ideas Growth Conference

August 31, 2023 | finance.yahoo.com

PCTEL’s David Adams Named President of Safer Buildings Coalition (SBC) Board of Directors

August 9, 2023 | finance.yahoo.com

PCTI - PCTEL, Inc.

August 2, 2023 | finance.yahoo.com

Interested In PCTEL's (NASDAQ:PCTI) Upcoming US$0.055 Dividend? You Have Four Days Left

July 27, 2023 | finance.yahoo.com

PCTEL Announces New Tri-band Wi-Fi 7 Omnidirectional Antenna Platform for Unmatched Signal Coverage in IIoT, Enterprise and Mining Applications

September 25, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

July 25, 2023 | finance.yahoo.com

PCTEL Schedules Second Quarter 2023 Earnings Release

July 20, 2023 | finance.yahoo.com

PCTEL Announces its Edge™ Sensor Platform, the Next Step in the Evolution of Wireless Connectivity

July 7, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At PCTEL (NASDAQ:PCTI)

June 27, 2023 | benzinga.com

PCTEL Recent Insider Activity

June 27, 2023 | benzinga.com

Board Member of PCTEL Purchased $74K In Stock

June 23, 2023 | finance.yahoo.com

Anthony R. Rossabi Elected to PCTEL Board of Directors

June 17, 2023 | finance.yahoo.com

Investors in PCTEL (NASDAQ:PCTI) have unfortunately lost 21% over the last three years

June 7, 2023 | finance.yahoo.com

PCTEL to Participate in Non-Deal Roadshow and Fireside Chat with Lake Street Capital Markets

May 27, 2023 | finance.yahoo.com

PCTEL, Inc.'s (NASDAQ:PCTI) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?

May 23, 2023 | finance.yahoo.com

PCTEL Adds 4G LTE and 5G NR Network Monitoring Capabilities to SeeHawk™ Monitor

May 9, 2023 | finance.yahoo.com

PCTEL to Present at Sidoti Virtual Investor Conference May 10

April 30, 2023 | finance.yahoo.com

Don't Race Out To Buy PCTEL, Inc. (NASDAQ:PCTI) Just Because It's Going Ex-Dividend

April 13, 2023 | finance.yahoo.com

PCTEL Schedules First Quarter 2023 Earnings Release

March 27, 2023 | finance.yahoo.com

PCTEL Automates Uplink Testing for Outdoor Public Safety Radio Networks

March 7, 2023 | finance.yahoo.com

PCTEL Reports Fourth Quarter and Full Year 2022 Financial Results

March 6, 2023 | msn.com

Preview: PCTEL's Earnings

March 2, 2023 | benzinga.com

Chief Executive Officer of PCTEL Purchased $127K In Stock

February 21, 2023 | finance.yahoo.com

PCTEL Schedules Fourth Quarter 2022 Earnings Release

See More Headlines

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PCTI Company Calendar

Ex-Dividend for 8/15 Dividend: 8/07/2023
Last Earnings: 8/08/2023
Dividend Payable: 8/15/2023
Today: 9/24/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radio & t.v. communications equipment
Sub-Industry: Communications Equipment
Sector: Computer and Technology
Current Symbol: NASDAQ:PCTI
CUSIP: 69325Q10
CIK: 1057083
Web: www.pctel.com
Phone: (630) 372-6800
Fax: 630-372-8077
Employees: 213
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $0.34
Trailing P/E Ratio: 12.35
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $2.87 million
Net Margins: 6.65%
Pretax Margin: 6.62%
Return on Equity: 10.60%
Return on Assets: 8.39%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.71
Quick Ratio: 4.25

Sales & Book Value

Annual Sales: $99.43 million
Price / Sales: 0.81
Cash Flow: $0.40 per share
Price / Cash Flow: 10.45
Book Value: $3.68 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 19,260,000
Free Float: 17,615,000
Market Cap: $80.89 million
Optionable: Optionable
Beta: 0.50

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Key Executives

Mr. David A. Neumann (Age 57)
CEO & Director
Comp: $922.29k

Mr. Kevin J. McGowan (Age 57)
VP & CFO
Comp: $598.68k

Mr. Rishi Bharadwaj (Age 49)
Sr. VP & COO
Comp: $619.49k

Mr. Sumeet Paul (Age 48)
VP & Chief Information Officer

Ms. Suzanne Cafferty (Age 54)
VP of Global Marketing

Mr. Daniel N. Laredo (Age 51)
VP of Global Sales

Tricia Lancaster (Age 42)
VP of HR

Patricia J. Lancaster
VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PCTI Stock - Frequently Asked Questions

How have PCTI shares performed in 2023?: PCTEL's stock was trading at $4.30 at the beginning of the year. Since then, PCTI stock has decreased by 2.3% and is now trading at $4.20.
View the best growth stocks for 2023 here.
When is PCTEL's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our PCTI earnings forecast.
How were PCTEL's earnings last quarter?: PCTEL, Inc. (NASDAQ:PCTI) released its quarterly earnings data on Tuesday, August, 8th. The Wireless communications provider reported $0.05 EPS for the quarter. The Wireless communications provider earned $20.58 million during the quarter. PCTEL had a net margin of 6.65% and a trailing twelve-month return on equity of 10.60%.
How often does PCTEL pay dividends? What is the dividend yield for PCTEL?: PCTEL declared a quarterly dividend on Friday, July 21st. Shareholders of record on Tuesday, August 8th will be paid a dividend of $0.055 per share on Tuesday, August 15th. This represents a $0.22 annualized dividend and a dividend yield of 5.24%. The ex-dividend date of this dividend is Monday, August 7th.
Read our dividend analysis for PCTI.
Is PCTEL a good dividend stock?: PCTEL (NASDAQ:PCTI) pays an annual dividend of $0.22 per share and currently has a dividend yield of 5.24%. PCTI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.71%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PCTI.
What guidance has PCTEL issued on next quarter's earnings?: PCTEL issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of $0.06-$0.07 for the period, compared to the consensus estimate of $0.07. The company issued revenue guidance of $20.00 million-$21.00 million, compared to the consensus revenue estimate of $22.60 million.
What is David Neumann's approval rating as PCTEL's CEO?: 19 employees have rated PCTEL Chief Executive Officer David Neumann on Glassdoor.com. David Neumann has an approval rating of 81% among the company's employees.

What other stocks do shareholders of PCTEL own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PCTEL investors own include Alibaba Group (BABA), Inovio Pharmaceuticals (INO), Bilibili (BILI), Taiwan Semiconductor Manufacturing (TSM), Baozun (BZUN), Fortinet (FTNT), JD.com (JD), Nokia Oyj (NOK), QUALCOMM (QCOM) and Akoustis Technologies (AKTS).
What is PCTEL's stock symbol?: PCTEL trades on the NASDAQ under the ticker symbol "PCTI."
Who are PCTEL's major shareholders?: PCTEL's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (8.45%), Renaissance Technologies LLC (6.57%), Dimensional Fund Advisors LP (6.16%), BlackRock Inc. (2.19%), Foundry Partners LLC (1.17%) and Wealthspire Advisors LLC (0.57%). Insiders that own company stock include Arnt Arvik, David A Neumann and Sumeet Singh Paul.
View institutional ownership trends.
How do I buy shares of PCTEL?: Shares of PCTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PCTEL's stock price today?: One share of PCTI stock can currently be purchased for approximately $4.20.
How much money does PCTEL make?: PCTEL (NASDAQ:PCTI) has a market capitalization of $80.89 million and generates $99.43 million in revenue each year. The Wireless communications provider earns $2.87 million in net income (profit) each year or $0.34 on an earnings per share basis.
How many employees does PCTEL have?: The company employs 213 workers across the globe.
How can I contact PCTEL?: PCTEL's mailing address is 471 Brighton Drive, Bloomingdale IL, 60108. The official website for the company is www.pctel.com. The Wireless communications provider can be reached via phone at (630) 372-6800, via email at investorrelations@pctel.com, or via fax at 630-372-8077.

This page (NASDAQ:PCTI) was last updated on 9/25/2023 by MarketBeat.com Staff

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