Analysts predict that Pointer Telocation Ltd (NASDAQ:PNTR) will report earnings of $0.31 per share for the current quarter, according to Zacks. Three analysts have made estimates for Pointer Telocation’s earnings. Pointer Telocation reported earnings per share of $0.27 in the same quarter last year, which would suggest a positive year over year growth rate of 14.8%. The company is scheduled to issue its next earnings report on Tuesday, February 26th.
According to Zacks, analysts expect that Pointer Telocation will report full year earnings of $1.21 per share for the current year. For the next fiscal year, analysts expect that the business will report earnings of $1.25 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Pointer Telocation.
Pointer Telocation (NASDAQ:PNTR) last issued its quarterly earnings data on Thursday, November 15th. The communications equipment provider reported $0.26 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.26. The firm had revenue of $18.73 million for the quarter, compared to analyst estimates of $19.79 million. Pointer Telocation had a return on equity of 13.81% and a net margin of 21.23%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. First Wilshire Securities Management Inc. boosted its position in shares of Pointer Telocation by 37.2% during the second quarter. First Wilshire Securities Management Inc. now owns 18,246 shares of the communications equipment provider’s stock valued at $219,000 after purchasing an additional 4,946 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Pointer Telocation by 2,955.2% during the first quarter. Royal Bank of Canada now owns 18,331 shares of the communications equipment provider’s stock valued at $267,000 after purchasing an additional 17,731 shares in the last quarter. B. Riley Financial Inc. bought a new stake in shares of Pointer Telocation during the second quarter valued at approximately $389,000. ARK Investment Management LLC boosted its position in shares of Pointer Telocation by 27.8% during the third quarter. ARK Investment Management LLC now owns 45,757 shares of the communications equipment provider’s stock valued at $595,000 after purchasing an additional 9,963 shares in the last quarter. Finally, Cannell Capital LLC bought a new stake in shares of Pointer Telocation during the second quarter valued at approximately $1,739,000. Institutional investors own 20.23% of the company’s stock.
Shares of PNTR stock opened at $11.85 on Monday. The company has a market capitalization of $96.36 million, a PE ratio of 10.58 and a beta of 0.92. Pointer Telocation has a fifty-two week low of $10.25 and a fifty-two week high of $19.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.42 and a current ratio of 1.79.
Pointer Telocation Company Profile
Pointer Telocation Ltd. provides mobile resource management (MRM) products and services for the automotive and insurance industries, and mobile assets management markets worldwide. It operates through MRM and Cellocator sgments. The MRM segment offers asset management, fleet management, stolen vehicle retrieval (SVR), and connected car services.
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