ParkerVision, Inc. (NASDAQ:PRKR) Scheduled to Post Earnings on Monday
ParkerVision, Inc. (NASDAQ:PRKR) is scheduled to post its quarterly earnings results after the market closes on Monday, August 14th. Analysts expect ParkerVision to post earnings of ($0.24) per share for the quarter.
ParkerVision (NASDAQ:PRKR) last posted its quarterly earnings data on Monday, May 15th. The semiconductor company reported ($0.33) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.23) by $0.10. During the same period in the prior year, the business posted ($0.45) EPS. On average, analysts expect ParkerVision to post $0.80 EPS for the current fiscal year and $0.80 EPS for the next fiscal year.
ParkerVision, Inc. (PRKR) traded up 1.16% during trading on Friday, hitting $1.75. 67,690 shares of the stock were exchanged. The firm’s market cap is $30.97 million. ParkerVision, Inc. has a 52 week low of $1.60 and a 52 week high of $6.25. The firm’s 50-day moving average is $1.82 and its 200 day moving average is $2.06.
A number of equities research analysts have issued reports on PRKR shares. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and issued a $12.00 price objective on shares of ParkerVision in a research report on Tuesday, June 13th. Zacks Investment Research raised shares of ParkerVision from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 24th.
A hedge fund recently raised its stake in ParkerVision stock. Vanguard Group Inc. boosted its position in ParkerVision, Inc. (NASDAQ:PRKR) by 23.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 574,253 shares of the semiconductor company’s stock after buying an additional 107,500 shares during the period. Vanguard Group Inc. owned approximately 3.24% of ParkerVision worth $1,028,000 at the end of the most recent quarter. 13.02% of the stock is currently owned by institutional investors and hedge funds.
ParkerVision, Inc is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices.
Receive News & Ratings for ParkerVision Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ParkerVision Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.