Procera Networks, Inc. is a provider of subscriber experience assurance (SEA) solutions designed for network operators around the world. The Company's PacketLogic solutions enable network operators to gain insights, make decisions, and take actions to ensure a quality experience for Internet connected devices. Network operators deploy its technology to gain insights on their subscribers and networks, make decisions on service packaging and then deliver those solutions to subscribers connected to their network. Its network operator customers include service provider customers and enterprises. Its service provider customers include mobile service providers and broadband service providers, which include cable multiple system operators (MSOs), telecommunications companies, Wi-Fi network operators, and Internet Service Providers (ISPs). Its enterprise customers include educational institutions, commercial enterprises and government and municipal agencies.
Industry, Sector and Symbol:
- Sector: Technology
- Industry: IT Services & Consulting - NEC
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:PKT
- CUSIP: 74269U20
- Web: https://www.proceranetworks.com/
- 50 Day Moving Avg: $11.31
- 200 Day Moving Avg: $9.15
- 52 Week Range: $5.60 - $11.84
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 76.67
- P/E Growth: 0.00
- Net Margins: -16.09%
- Return on Equity: -10.44%
- Return on Assets: -8.57%
- Average Volume: 478,084 shs.
Frequently Asked Questions for Procera Networks (NASDAQ:PKT)
What is Procera Networks' stock symbol?
Procera Networks trades on the NASDAQ under the ticker symbol "PKT."
How were Procera Networks' earnings last quarter?
Procera Networks Inc (NASDAQ:PKT) announced its earnings results on Monday, April, 27th. The company reported ($0.03) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.10) by $0.07. The firm had revenue of $20.50 million for the quarter, compared to analysts' expectations of $17.01 million. Procera Networks had a negative return on equity of 10.44% and a negative net margin of 16.09%. The firm's quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.19) earnings per share. View Procera Networks' Earnings History.
Who are some of Procera Networks' key competitors?
Some companies that are related to Procera Networks include Accenture PLC (ACN), Automatic Data Processing (ADP), Cognizant Technology Solutions Corp (CTSH), Vmware (VMW), Infosys Limited (INFY), Wipro Limited (WIT), CGI Group (GIB), Palo Alto Networks (PANW), Total System Services (TSS), Gartner (IT), VeriSign (VRSN), CDW Corporation (CDW), Amdocs Limited (DOX), Jack Henry & Associates (JKHY), Akamai Technologies (AKAM), F5 Networks (FFIV), Fortinet (FTNT) and LogMein (LOGM).
How do I buy Procera Networks stock?
Shares of Procera Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Procera Networks' stock price today?
MarketBeat Community Rating for Procera Networks (NASDAQ PKT)MarketBeat's community ratings are surveys of what our community members think about Procera Networks and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Procera Networks stock can currently be purchased for approximately $11.50.
Consensus Ratings for Procera Networks (NASDAQ:PKT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
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Analysts' Ratings History for Procera Networks (NASDAQ:PKT)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Procera Networks (NASDAQ:PKT)Earnings History by Quarter for Procera Networks (NASDAQ PKT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2015||Q115||($0.10)||($0.03)||$17.01 million||$20.50 million||View||N/A|
|2/26/2015||Q414||$0.01||$0.02||$23.30 million||$24.20 million||View||N/A|
|11/3/2014||Q314||($0.07)||($0.08)||$16.10 million||$16.10 million||View||N/A|
|8/6/2014||Q214||($0.04)||($0.05)||$19.08 million||$20.60 million||View||N/A|
|5/1/2014||Q114||($0.12)||($0.19)||$15.31 million||$14.50 million||View||N/A|
|11/4/2013||Q313||($0.06)||($0.01)||$20.61 million||$21.33 million||View||N/A|
|8/7/2013||Q2 2013||($0.04)||($0.02)||$17.20 million||$17.80 million||View||N/A|
|5/2/2013||Q1 2013||($0.06)||($0.16)||$13.59 million||$14.17 million||View||N/A|
|2/28/2013||Q4 2012||$0.14||$0.12||$19.09 million||$16.60 million||View||N/A|
|11/6/2012||Q312||$0.08||$0.18||$15.80 million||$16.10 million||View||N/A|
Earnings Estimates for Procera Networks (NASDAQ:PKT)
Current Year EPS Consensus Estimate: $0.05 EPS
Next Year EPS Consensus Estimate: $0.15 EPS
Dividend History for Procera Networks (NASDAQ:PKT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Procera Networks (NASDAQ:PKT)Insider Trades by Quarter for Procera Networks (NASDAQ:PKT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2014||James Frederick Brear||CEO||Sell||15,000||$7.27||$109,050.00|| |
|5/6/2014||Thomas Saponas||Director||Buy||50,000||$8.68||$434,000.00|| |
|3/7/2014||Thomas Saponas||Director||Buy||50,000||$11.34||$567,000.00|| |
|1/2/2014||Charles Constanti||CFO||Sell||2,500||$15.00||$37,500.00|| |
|12/10/2013||James Frederick Brear||CEO||Sell||40,000||$14.39||$575,600.00|| |
|12/6/2013||Charles Constanti||CFO||Sell||10,000||$14.85||$148,500.00|| |
|12/2/2013||Charles Constanti||CFO||Sell||2,500||$15.25||$38,125.00|| |
|11/18/2013||Charles Constanti||CFO||Sell||2,500||$15.00||$37,500.00|| |
|9/20/2013||Charles Constanti||CFO||Sell||2,500||$15.02||$37,550.00|| |
|9/3/2013||James Frederick Brear||CEO||Sell||2,750||$13.05||$35,887.50|| |
|8/14/2013||James Frederick Brear||CEO||Sell||2,750||$13.65||$37,537.50|| |
|6/3/2013||James Frederick Brear||CEO||Sell||2,750||$15.00||$41,250.00|| |
|8/24/2012||Mary Losty||Director||Buy||5,000||$22.44||$112,200.00|| |
Headline Trends for Procera Networks (NASDAQ:PKT)
Latest Headlines for Procera Networks (NASDAQ:PKT)
|Procera Networks (PKT) Given Coverage Optimism Score of 0.56|
www.americanbankingnews.com - May 4 at 7:34 AM
|Favorable Media Coverage Likely to Impact Procera Networks (PKT) Share Price|
www.americanbankingnews.com - April 21 at 10:27 PM
|IIROC Trading Halt - PKT|
www.thestreet.com - October 29 at 6:28 PM
|Is An American Company's Technology Helping Turkey Spy On Its Citizens?|
www.forbes.com - October 25 at 11:57 AM
|PROCERA NETWORKS, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisting or|
biz.yahoo.com - June 5 at 9:21 AM
|Francisco Partners Announces Results of Tender Offer|
finance.yahoo.com - June 5 at 5:00 AM
|Procera Networks' RAN Perspectives Solution Wins 2015 Pipeline Innovation Award|
finance.yahoo.com - June 2 at 4:05 PM
|Procera Networks Elevates Subscriber Experience at Light Reading's 2015 Big Telecom Event|
finance.yahoo.com - June 2 at 6:00 AM
|SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Procera Networks, Inc.|
finance.yahoo.com - May 8 at 9:45 PM
|Procera Networks to Speak on Real-Time Mobile Intelligence at LTE MENA 2015|
finance.yahoo.com - May 7 at 6:00 AM
|PROCERA NETWORKS, INC. Files SEC form 8-K/A, Financial Statements and Exhibits|
biz.yahoo.com - May 6 at 10:10 AM
|PROCERA NETWORKS, INC. Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - May 5 at 6:08 AM
|PROCERA NETWORKS, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Procera Networks, Inc. Over the Proposed Sale of the Company to Francisco Partners Management L.P. - PKT|
finance.yahoo.com - April 30 at 5:25 PM
|PROCERA NETWORKS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout|
finance.yahoo.com - April 28 at 7:15 PM
|Lifshitz & Miller Law Firm Announces Investigation of Aerie Pharmaceuticals, Inc., American Science And Engineering, Inc., Associated Estates Realty Corporation, Cadiz Inc., MagnaChip Semiconductor Corporation, Procera Networks, Inc. and Tr|
finance.yahoo.com - April 28 at 3:35 PM
|Procera reports 1Q loss|
finance.yahoo.com - April 27 at 5:12 PM
|SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of Procera Networks, Inc. And Encourages Investors To Contact The Firm For Additional Information|
finance.yahoo.com - April 27 at 5:11 PM
|PROCERA NETWORKS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Ex|
biz.yahoo.com - April 27 at 4:17 PM
|Chipotle and McDonald's are big market movers|
finance.yahoo.com - April 22 at 5:44 PM
|Are Procera Shareholders Really Getting Enough in This Buyout?|
247wallst.com - April 22 at 2:10 PM
Procera Networks (PKT) Chart for Thursday, July, 27, 2017