Wall Street analysts expect that Pointer Telocation Ltd (NASDAQ:PNTR) will announce earnings of $0.36 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Pointer Telocation’s earnings. Pointer Telocation posted earnings per share of $0.31 during the same quarter last year, which would indicate a positive year over year growth rate of 16.1%. The business is scheduled to report its next earnings results on Thursday, November 21st.

According to Zacks, analysts expect that Pointer Telocation will report full-year earnings of $1.28 per share for the current financial year. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Pointer Telocation.

Pointer Telocation (NASDAQ:PNTR) last posted its earnings results on Thursday, August 15th. The communications equipment provider reported $0.21 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.21. The business had revenue of $21.44 million during the quarter, compared to analyst estimates of $20.85 million. Pointer Telocation had a return on equity of 10.17% and a net margin of 6.39%.

A number of analysts have commented on PNTR shares. HC Wainwright reissued a “hold” rating on shares of Pointer Telocation in a report on Friday, May 24th. Zacks Investment Research raised Pointer Telocation from a “sell” rating to a “hold” rating in a report on Friday, July 26th. B. Riley reaffirmed a “neutral” rating and issued a $15.00 price objective (down previously from $20.50) on shares of Pointer Telocation in a report on Wednesday, May 15th. Finally, ValuEngine lowered Pointer Telocation from a “buy” rating to a “hold” rating in a report on Thursday, August 1st.

Shares of Pointer Telocation stock traded down $0.18 on Tuesday, reaching $14.25. The company’s stock had a trading volume of 17,469 shares, compared to its average volume of 23,515. The company has a market capitalization of $118.32 million, a price-to-earnings ratio of 13.97 and a beta of 0.51. The firm’s fifty day simple moving average is $15.09 and its two-hundred day simple moving average is $14.84. Pointer Telocation has a 52 week low of $11.11 and a 52 week high of $16.16. The company has a quick ratio of 1.47, a current ratio of 1.84 and a debt-to-equity ratio of 0.03.

Several institutional investors and hedge funds have recently modified their holdings of PNTR. Chicago Capital Management LLC grew its stake in shares of Pointer Telocation by 21.8% in the second quarter. Chicago Capital Management LLC now owns 270,304 shares of the communications equipment provider’s stock worth $4,122,000 after acquiring an additional 48,458 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Pointer Telocation by 4.8% in the second quarter. Renaissance Technologies LLC now owns 250,241 shares of the communications equipment provider’s stock worth $3,816,000 after acquiring an additional 11,541 shares in the last quarter. S. Muoio & CO. LLC acquired a new position in shares of Pointer Telocation in the second quarter worth $826,000. Rice Hall James & Associates LLC grew its stake in shares of Pointer Telocation by 5.3% in the second quarter. Rice Hall James & Associates LLC now owns 129,826 shares of the communications equipment provider’s stock worth $1,980,000 after acquiring an additional 6,578 shares in the last quarter. Finally, FNY Investment Advisers LLC grew its stake in shares of Pointer Telocation by 45.3% in the second quarter. FNY Investment Advisers LLC now owns 2,615 shares of the communications equipment provider’s stock worth $39,000 after acquiring an additional 815 shares in the last quarter. 26.32% of the stock is owned by institutional investors.

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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