Partner Communications - PTNR Stock Forecast, Price & News

Partner Communications Company Ltd. provides various telecommunication services in Israel. It operates in two segments, Cellular and Fixed-Line. The company offers cellular telephony services, including basic cellular telephony, text messaging, internet browsing and data transfer, content, handset repair, roaming, and services provided to other operators that are permitted to use its cellular network, as well as Machine to Machine and Internet of Things services. It also provides cellular content and value-added services, such as multimedia messaging, cyber protection, cloud backup, ringtone, music streaming, and various business services; and international roaming services, as well as sells and leases cellular handsets, and related cellular devices and accessories. In addition, the company offers Internet service provider (ISP) services comprising email accounts, Wi-Fi networking, anti-virus and anti-spam filtering, and infrastructure and ISP access; network and data infrastructure services, information security and integration solutions, designated services, business information storage services, and data center and cloud services; international long distance services; fixed-line transmission and data capacity services; and voice over broadband telephony and primary rate interface services. Further, it provides television, high speed broadband fiber optic based network, and value added services; and sells and rents modems, domestic routers, servers, and related equipment, as well as tablets, laptops, datacards, audio accessories and other devices, and integration projects. Additionally, the company offers office communication private branch exchange services to business customers. It offers its services and products through sales and service centers, and direct sales force, as well as through dealers and online. The company was incorporated in 1997 and is headquartered in Rosh HaAyin, Israel.

Partner Communications Stock Up 1.7 %

Shares of PTNR Stock traded up $0.14 on Monday, hitting $8.46. The stock had a trading volume of 887 shares, compared to its average volume of 5,401. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 26.44 and a beta of 0.76. The stock's 50 day moving average is $7.48 and its 200-day moving average is $7.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.03 and a current ratio of 1.11. Partner Communications has a 52-week low of $3.92 and a 52-week high of $9.27.

Partner Communications (NASDAQ:PTNR - Get Rating) last posted its quarterly earnings data on Tuesday, May 24th. The Wireless communications provider reported $0.07 EPS for the quarter. Partner Communications had a net margin of 5.44% and a return on equity of 9.89%. The firm had revenue of $269.00 million for the quarter.

Analysts Set New Price Targets

PTNR has been the subject of several research analyst reports. StockNews.com initiated coverage on shares of Partner Communications in a research report on Thursday, June 30th. They set a "hold" rating for the company. Barclays set a 3,000.00 price target on shares of Partner Communications in a research report on Thursday, June 2nd.