Perceptron, Inc. (NASDAQ:PRCP) posted its quarterly earnings data on Monday. The scientific and technical instruments company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.02, Bloomberg Earnings reports. Perceptron had a positive return on equity of 2.32% and a negative net margin of 21.55%. The firm had revenue of $22.35 million for the quarter, compared to analysts’ expectations of $19.80 million.

Perceptron (NASDAQ:PRCP) opened at 7.00 on Tuesday. The firm’s 50-day moving average is $7.32 and its 200 day moving average is $7.80. Perceptron has a 52-week low of $5.59 and a 52-week high of $8.95. The stock’s market capitalization is $65.94 million.

Separately, Zacks Investment Research cut shares of Perceptron from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royce & Associates LP increased its position in Perceptron by 1.2% in the second quarter. Royce & Associates LP now owns 868,830 shares of the scientific and technical instruments company’s stock worth $6,325,000 after buying an additional 10,000 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Perceptron by 4.4% in the second quarter. Dimensional Fund Advisors LP now owns 684,901 shares of the scientific and technical instruments company’s stock worth $4,986,000 after buying an additional 29,122 shares during the last quarter. Renaissance Technologies LLC increased its position in Perceptron by 6.5% in the first quarter. Renaissance Technologies LLC now owns 529,300 shares of the scientific and technical instruments company’s stock worth $4,414,000 after buying an additional 32,100 shares during the last quarter. Punch & Associates Investment Management Inc. increased its position in Perceptron by 11.6% in the second quarter. Punch & Associates Investment Management Inc. now owns 453,000 shares of the scientific and technical instruments company’s stock worth $3,298,000 after buying an additional 47,200 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in Perceptron by 15.1% in the second quarter. New York State Common Retirement Fund now owns 321,669 shares of the scientific and technical instruments company’s stock worth $2,342,000 after buying an additional 42,281 shares during the last quarter. Institutional investors own 63.18% of the company’s stock.

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About Perceptron

Perceptron, Inc develops, produces and sells a range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and three-dimensional (3D) scanning. The Company’s products include 3D machine vision solutions, robot guidance, coordinate measuring machines (CMMs), laser scanning and advanced analysis software.

Earnings History for Perceptron (NASDAQ:PRCP)

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