Equities research analysts predict that Determine Inc (NASDAQ:DTRM) will report ($0.13) earnings per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Determine’s earnings. The highest EPS estimate is ($0.11) and the lowest is ($0.14). Determine posted earnings of ($0.08) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 62.5%. The company is expected to announce its next earnings report on Thursday, February 8th.

On average, analysts expect that Determine will report full-year earnings of ($0.43) per share for the current year, with EPS estimates ranging from ($0.47) to ($0.39). For the next financial year, analysts forecast that the company will report earnings of ($0.38) per share, with EPS estimates ranging from ($0.48) to ($0.28). Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Determine.

Determine (NASDAQ:DTRM) last issued its earnings results on Thursday, November 9th. The technology company reported ($0.10) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.10). The firm had revenue of $6.89 million during the quarter, compared to analyst estimates of $6.77 million. Determine had a negative net margin of 30.72% and a negative return on equity of 88.32%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business earned ($0.28) earnings per share.

A number of brokerages have recently issued reports on DTRM. Maxim Group downgraded shares of Determine from a “buy” rating to a “hold” rating in a report on Friday, November 10th. B. Riley restated a “buy” rating and issued a $3.50 target price on shares of Determine in a report on Monday, November 6th. Finally, ValuEngine cut shares of Determine from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st.

Shares of Determine (DTRM) remained flat at $$1.66 during trading hours on Tuesday. The stock had a trading volume of 29,420 shares, compared to its average volume of 29,938. Determine has a twelve month low of $1.55 and a twelve month high of $3.93. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.84.

In other Determine news, major shareholder Lloyd I. Miller III sold 25,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $1.73, for a total value of $43,250.00. Following the completion of the transaction, the insider now owns 250,820 shares of the company’s stock, valued at approximately $433,918.60. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.96% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of DTRM. AWM Investment Company Inc. grew its stake in shares of Determine by 103.2% during the 2nd quarter. AWM Investment Company Inc. now owns 1,455,220 shares of the technology company’s stock valued at $3,871,000 after purchasing an additional 739,000 shares during the period. Renaissance Technologies LLC grew its stake in shares of Determine by 24.5% during the 1st quarter. Renaissance Technologies LLC now owns 149,814 shares of the technology company’s stock valued at $509,000 after purchasing an additional 29,500 shares during the period. Finally, Susquehanna International Group LLP bought a new stake in shares of Determine during the 2nd quarter valued at about $203,000. 17.63% of the stock is owned by institutional investors and hedge funds.

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About Determine

Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.

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Earnings History and Estimates for Determine (NASDAQ:DTRM)

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