Radcom Ltd. (NASDAQ:RDCM) has received a consensus recommendation of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $27.00.

A number of equities analysts recently weighed in on RDCM shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $27.00 target price on shares of Radcom in a research note on Wednesday, August 9th. BidaskClub raised shares of Radcom from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th. William Blair reaffirmed a “buy” rating on shares of Radcom in a research note on Thursday, June 15th. ValuEngine raised shares of Radcom from a “sell” rating to a “hold” rating in a research note on Sunday, September 3rd. Finally, Zacks Investment Research lowered shares of Radcom from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th.

Shares of Radcom (NASDAQ RDCM) remained flat at $20.75 during mid-day trading on Friday. The company’s stock had a trading volume of 6,829 shares. Radcom has a 52-week low of $16.60 and a 52-week high of $22.45. The firm has a 50 day moving average price of $19.48 and a 200-day moving average price of $19.70. The firm’s market capitalization is $242.55 million.

Radcom (NASDAQ:RDCM) last announced its earnings results on Monday, August 7th. The technology company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.01. The firm had revenue of $8.92 million during the quarter, compared to analyst estimates of $8.68 million. Radcom had a negative net margin of 3.90% and a negative return on equity of 2.19%. The company’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 EPS. Equities analysts forecast that Radcom will post $0.13 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. ETF Managers Group LLC acquired a new position in shares of Radcom during the 2nd quarter worth about $101,000. Malaga Cove Capital LLC boosted its stake in shares of Radcom by 9.1% during the 2nd quarter. Malaga Cove Capital LLC now owns 12,000 shares of the technology company’s stock worth $224,000 after buying an additional 1,000 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Radcom during the 1st quarter worth about $735,000. Russell Investments Group Ltd. boosted its stake in shares of Radcom by 16.4% during the 1st quarter. Russell Investments Group Ltd. now owns 116,530 shares of the technology company’s stock worth $2,505,000 after buying an additional 16,457 shares during the last quarter. Finally, Raging Capital Management LLC boosted its stake in shares of Radcom by 18.5% during the 1st quarter. Raging Capital Management LLC now owns 576,050 shares of the technology company’s stock worth $12,385,000 after buying an additional 89,773 shares during the last quarter. 15.12% of the stock is owned by hedge funds and other institutional investors.

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About Radcom

RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.

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