TheStreet cut shares of Perceptron (NASDAQ:PRCP) from a b- rating to a c rating in a report published on Monday, TheStreetRatingsTable reports.

Other analysts also recently issued research reports about the company. B. Riley set a $10.00 price target on Perceptron and gave the stock a buy rating in a research note on Monday. ValuEngine upgraded Perceptron from a sell rating to a hold rating in a research note on Monday, April 1st.

Perceptron stock opened at $4.90 on Monday. The company has a current ratio of 2.48, a quick ratio of 1.97 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $49.92 million, a P/E ratio of 12.56 and a beta of 0.66. Perceptron has a twelve month low of $4.77 and a twelve month high of $12.25.

Perceptron (NASDAQ:PRCP) last posted its quarterly earnings results on Thursday, May 9th. The scientific and technical instruments company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.13). The company had revenue of $15.63 million during the quarter, compared to analysts’ expectations of $18.40 million. Perceptron had a return on equity of 3.47% and a net margin of 2.61%. On average, analysts expect that Perceptron will post 0.45 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of PRCP. Vanguard Group Inc grew its stake in Perceptron by 1.1% in the third quarter. Vanguard Group Inc now owns 287,783 shares of the scientific and technical instruments company’s stock valued at $2,806,000 after acquiring an additional 3,100 shares during the period. Quantum Capital Management lifted its holdings in shares of Perceptron by 14.9% in the fourth quarter. Quantum Capital Management now owns 137,877 shares of the scientific and technical instruments company’s stock valued at $1,124,000 after purchasing an additional 17,887 shares in the last quarter. Penbrook Management LLC lifted its holdings in shares of Perceptron by 8.7% in the first quarter. Penbrook Management LLC now owns 173,993 shares of the scientific and technical instruments company’s stock valued at $1,305,000 after purchasing an additional 13,950 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its holdings in shares of Perceptron by 3.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 585,644 shares of the scientific and technical instruments company’s stock valued at $4,392,000 after purchasing an additional 19,060 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Perceptron by 0.4% in the first quarter. Renaissance Technologies LLC now owns 599,599 shares of the scientific and technical instruments company’s stock valued at $4,497,000 after purchasing an additional 2,199 shares in the last quarter. Institutional investors own 70.67% of the company’s stock.

About Perceptron

Perceptron, Inc develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.

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