NASDAQ:PCTIPC Tel Stock Price, Forecast & News

PC Tel's stock was trading at $5.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PCTI shares have increased by 24.1% and is now trading at $6.60. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PC Tel in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PC Tel.

PC Tel is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for PC Tel.

PC Tel Inc (NASDAQ:PCTI) announced its earnings results on Thursday, May, 7th. The Wireless communications provider reported $0.01 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.01. The Wireless communications provider earned $17.51 million during the quarter, compared to the consensus estimate of $18.06 million. PC Tel had a return on equity of 5.77% and a net margin of 3.86%. View PC Tel's earnings history.

PC Tel declared a quarterly dividend on Friday, April 24th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.055 per share on Friday, May 15th. This represents a $0.22 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Thursday, May 7th. View PC Tel's dividend history.

2 equities research analysts have issued twelve-month price targets for PC Tel's shares. Their forecasts range from $8.00 to $9.25. On average, they anticipate PC Tel's stock price to reach $8.63 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for PC Tel.

Headlines about PCTI stock have been trending very negative on Thursday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PC Tel earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutPC Tel.

PC Tel saw a decrease in short interest in May. As of May 15th, there was short interest totaling 176,700 shares, a decrease of 44.9% from the April 30th total of 320,600 shares. Based on an average daily volume of 120,200 shares, the short-interest ratio is presently 1.5 days. Approximately 1.2% of the shares of the company are short sold. View PC Tel's Current Options Chain.

Some companies that are related to PC Tel include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), NetGear (NTGR), Calix (CALX), Ribbon Communications (RBBN) and Harmonic (HLIT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PC Tel investors own include Alibaba Group (BABA), Fortinet (FTNT), Adobe (ADBE), Digital Turbine (APPS), Enphase Energy (ENPH), Inovio Pharmaceuticals (INO), Verizon Communications (VZ), Baidu (BIDU), Bilibili (BILI) and Baozun (BZUN).

PC Tel trades on the NASDAQ under the ticker symbol "PCTI."

PC Tel's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (2.82%), BlackRock Inc. (2.74%), Hillsdale Investment Management Inc. (2.10%), Acadian Asset Management LLC (1.90%), EAM Investors LLC (1.69%) and Russell Investments Group Ltd. (1.54%). Company insiders that own PC Tel stock include David A Neumann, John W Schoen, Kevin J Mcgowan and Shelley J Bacastow. View institutional ownership trends for PC Tel.

PCTI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Two Sigma Investments LP, Geode Capital Management LLC, Squarepoint Ops LLC, Creative Planning, Wedge Capital Management L L P NC, BlackRock Inc., and GSA Capital Partners LLP. View insider buying and selling activity for PC Tel.

PCTI stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Parametric Portfolio Associates LLC, Assenagon Asset Management S.A., Acadian Asset Management LLC, Sontag Advisory LLC, RMB Capital Management LLC, Trexquant Investment LP, and EAM Global Investors LLC. Company insiders that have bought PC Tel stock in the last two years include David A Neumann, John W Schoen, Kevin J Mcgowan, and Shelley J Bacastow. View insider buying and selling activity for PC Tel.

Shares of PCTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PCTI stock can currently be purchased for approximately $6.60.

PC Tel has a market capitalization of $122.63 million and generates $90.62 million in revenue each year. The Wireless communications provider earns $3.75 million in net income (profit) each year or $0.29 on an earnings per share basis. PC Tel employs 454 workers across the globe.

The official website for PC Tel is www.pctel.com.

PC Tel's mailing address is 471 Brighton Drive, Bloomingdale IL, 60108. The Wireless communications provider can be reached via phone at 630-372-6800 or via email at [email protected]