PCTEL - PCTI Stock Forecast, Price & News

PCTEL's stock was trading at $5.67 at the start of the year. Since then, PCTI stock has decreased by 23.3% and is now trading at $4.35.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our PCTI earnings forecast.

PCTEL, Inc. (NASDAQ:PCTI) posted its earnings results on Thursday, November, 4th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.08. The Wireless communications provider had revenue of $22.41 million for the quarter. PCTEL had a negative net margin of 0.18% and a positive trailing twelve-month return on equity of 4.29%.

PCTEL declared a quarterly dividend on Monday, July 25th. Investors of record on Monday, August 8th will be paid a dividend of $0.055 per share on Monday, August 15th. This represents a $0.22 annualized dividend and a yield of 5.06%. The ex-dividend date is Friday, August 5th.
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 4.81%. PCTI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PCTI.

PCTEL updated its third quarter 2022 earnings guidance on Tuesday, September, 13th. The company provided earnings per share (EPS) guidance of $0.09-$0.11 for the period, compared to the consensus EPS estimate of $0.07. The company issued revenue guidance of $25.50 million-$26.50 million, compared to the consensus revenue estimate of $25.30 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 variety of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (8.86%), Renaissance Technologies LLC (6.88%), Rutabaga Capital Management LLC MA (6.25%), Russell Investments Group Ltd. (0.44%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include 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 $4.35.

PCTEL (NASDAQ:PCTI) has a market capitalization of $81.25 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 ($0.01) 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.