PCTEL - PCTI Stock Forecast, Price & News

PCTEL's stock was trading at $4.30 at the beginning of 2023. Since then, PCTI stock has increased by 8.4% and is now trading at $4.66.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our PCTI earnings forecast.

PCTEL, Inc. (NASDAQ:PCTI) released its quarterly earnings results on Thursday, November, 4th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The Wireless communications provider earned $22.41 million during the quarter. PCTEL had a trailing twelve-month return on equity of 5.73% and a net margin of 1.14%.

PCTEL announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Wednesday, February 8th will be given a dividend of $0.055 per share on Wednesday, February 15th. This represents a $0.22 annualized dividend and a dividend yield of 4.72%. The ex-dividend date of this dividend is Tuesday, February 7th.
Read our dividend analysis for PCTI.

PCTEL (NASDAQ:PCTI) pays an annual dividend of $0.22 per share and currently has a dividend yield of 4.72%. PCTI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 366.73%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PCTI.

PCTEL updated its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $0.14-$0.16 for the period, compared to the consensus EPS estimate of $0.09. The company issued revenue guidance of $25.50 million-$26.50 million, compared to the consensus revenue estimate of $26.50 million.

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.

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).

PCTEL trades on the NASDAQ under the ticker symbol "PCTI."

PCTEL's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bailard Inc. (0.12%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Arnt Arvik, David A Neumann and Sumeet Singh Paul.
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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.
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One share of PCTI stock can currently be purchased for approximately $4.66.

PCTEL (NASDAQ:PCTI) has a market capitalization of $87.47 million and generates $87.81 million in revenue each year. The Wireless communications provider earns $150,000.00 in net income (profit) each year or $0.06 on an earnings per share basis.

The company employs 304 workers across the globe.

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.