News stories about PC Tel (NASDAQ:PCTI) have trended somewhat positive this week, according to Accern. The research group ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PC Tel earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the Wireless communications provider an impact score of 46.0066383476463 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of brokerages have weighed in on PCTI. ValuEngine cut PC Tel from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. TheStreet cut PC Tel from a “b” rating to a “c+” rating in a research report on Monday, July 9th. Zacks Investment Research cut PC Tel from a “buy” rating to a “hold” rating in a research report on Thursday, May 17th. Lake Street Capital cut PC Tel from a “buy” rating to a “hold” rating and lowered their price target for the company from $9.00 to $6.00 in a research report on Thursday, August 9th. Finally, B. Riley upgraded PC Tel from a “neutral” rating to a “buy” rating and lowered their price target for the company from $8.50 to $4.50 in a research report on Thursday, August 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. PC Tel presently has a consensus rating of “Hold” and a consensus target price of $6.25.
NASDAQ:PCTI traded down $0.11 during trading hours on Thursday, reaching $4.41. The company had a trading volume of 47,500 shares, compared to its average volume of 37,424. PC Tel has a one year low of $4.01 and a one year high of $7.85. The stock has a market capitalization of $79.48 million, a price-to-earnings ratio of 44.10 and a beta of 0.25.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 15th. Shareholders of record on Wednesday, August 8th were given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend was Tuesday, August 7th. PC Tel’s dividend payout ratio (DPR) is 220.00%.
PC Tel Company Profile
PCTEL, Inc, together with its subsidiaries, delivers performance critical telecom solutions in the Asia Pacific, Europe, the Middle East, Africa, and the Americas. The company operates in two segments, Connected Solutions and RF Solutions. The Connected Solutions segment designs and delivers precision antennas, which are used primarily in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the Industrial Internet of Things.
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