Press coverage about PCM (NASDAQ:PCMI) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PCM earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 25 out of 100, meaning that recent news coverage is very unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- PCM, Inc. (NASDAQ:PCMI) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- BidaskClub Upgrades PCM, Inc. (PCMI) to “Buy” (americanbankingnews.com)
- $595.74 Million in Sales Expected for PCM, Inc. (NASDAQ:PCMI) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Expect PCM, Inc. (PCMI) Will Announce Earnings of $0.44 Per Share (americanbankingnews.com)
- PCM Named Hewlett Packard Enterprise North American SMB Partner of the Year (finance.yahoo.com)
Several equities research analysts have recently weighed in on the company. B. Riley reiterated a “buy” rating and set a $32.00 price target on shares of PCM in a research report on Wednesday, April 26th. BidaskClub raised PCM from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Investment Research lowered PCM from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Roth Capital set a $34.00 price objective on PCM and gave the stock a “buy” rating in a report on Friday, April 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $28.18.
Shares of PCM (PCMI) opened at 20.30 on Tuesday. PCM has a 52 week low of $10.93 and a 52 week high of $31.20. The firm has a 50-day moving average price of $19.24 and a 200 day moving average price of $23.54. The stock has a market cap of $254.48 million, a price-to-earnings ratio of 12.13 and a beta of 0.95.
PCM (NASDAQ:PCMI) last posted its quarterly earnings data on Thursday, April 27th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.16. PCM had a return on equity of 19.91% and a net margin of 0.94%. The company had revenue of $524.40 million during the quarter, compared to analysts’ expectations of $520.33 million. The company’s revenue was up 5.3% on a year-over-year basis. On average, analysts forecast that PCM will post $2.03 EPS for the current fiscal year.
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PCM Company Profile
PCM, Inc is a multi-vendor provider of technology solutions, including hardware products, software and services, offered through its dedicated sales force, field and internal service teams, direct marketing channels, and owned and operated data centers. The Company’s segments include Commercial, Public Sector and Canada.
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