Perceptron, Inc. (NASDAQ:PRCP) – Analysts at B. Riley lowered their Q3 2020 EPS estimates for shares of Perceptron in a research note issued on Wednesday, February 12th. B. Riley analyst C. Horn now expects that the scientific and technical instruments company will earn ($0.05) per share for the quarter, down from their prior estimate of $0.03. B. Riley also issued estimates for Perceptron’s Q4 2020 earnings at $0.06 EPS and FY2020 earnings at $0.15 EPS.
Perceptron (NASDAQ:PRCP) last issued its quarterly earnings results on Monday, February 10th. The scientific and technical instruments company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). Perceptron had a negative net margin of 11.35% and a negative return on equity of 1.13%. The company had revenue of $19.13 million during the quarter, compared to the consensus estimate of $23.28 million.
Separately, Zacks Investment Research raised shares of Perceptron from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 15th.
Shares of Perceptron stock opened at $5.16 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.45 and a quick ratio of 1.98. Perceptron has a fifty-two week low of $3.56 and a fifty-two week high of $8.14. The firm has a fifty day moving average price of $5.91 and a two-hundred day moving average price of $5.04. The company has a market cap of $49.91 million, a PE ratio of -6.14 and a beta of 1.02.
Large investors have recently added to or reduced their stakes in the company. Bailard Inc. acquired a new stake in Perceptron in the 3rd quarter valued at about $92,000. Ancora Advisors LLC increased its position in Perceptron by 94.2% in the 3rd quarter. Ancora Advisors LLC now owns 114,712 shares of the scientific and technical instruments company’s stock valued at $550,000 after acquiring an additional 55,646 shares in the last quarter. Quantum Capital Management increased its position in Perceptron by 3.1% in the 3rd quarter. Quantum Capital Management now owns 234,513 shares of the scientific and technical instruments company’s stock valued at $1,124,000 after acquiring an additional 6,994 shares in the last quarter. Essex Investment Management Co. LLC acquired a new stake in Perceptron in the 4th quarter valued at about $426,000. Finally, Renaissance Technologies LLC increased its position in Perceptron by 5.5% in the 4th quarter. Renaissance Technologies LLC now owns 672,814 shares of the scientific and technical instruments company’s stock valued at $3,700,000 after acquiring an additional 34,879 shares in the last quarter. 58.78% of the stock is owned by institutional investors.
Perceptron Company Profile
Perceptron, Inc develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.
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