PC Tel (PCTI) Earns Buy Rating from B. Riley
B. Riley reissued their buy rating on shares of PC Tel (NASDAQ:PCTI) in a research report released on Monday morning. B. Riley also issued estimates for PC Tel’s Q1 2018 earnings at $0.02 EPS, Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.07 EPS, FY2018 earnings at $0.20 EPS and FY2019 earnings at $0.26 EPS.
Shares of PC Tel (NASDAQ PCTI) opened at $6.85 on Monday. The stock has a market cap of $121.43, a P/E ratio of -23.62 and a beta of 0.59. PC Tel has a 12 month low of $5.50 and a 12 month high of $8.48.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 8th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Wednesday, February 7th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.21%. PC Tel’s dividend payout ratio is currently -75.86%.
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PC Tel Company Profile
PCTEL, Inc (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally.
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