Pointer Telocation (PNTR) Receives Daily News Sentiment Rating of 0.09
Media headlines about Pointer Telocation (NASDAQ:PNTR) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pointer Telocation earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the communications equipment provider an impact score of 45.8687325596828 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of equities analysts have recently commented on PNTR shares. Roth Capital started coverage on Pointer Telocation in a report on Friday, July 7th. They issued a “buy” rating and a $16.00 price objective on the stock. B. Riley restated a “buy” rating and issued a $19.25 price objective on shares of Pointer Telocation in a report on Wednesday, August 23rd. HC Wainwright set a $18.00 price objective on Pointer Telocation and gave the stock a “buy” rating in a report on Thursday, August 17th. Zacks Investment Research upgraded Pointer Telocation from a “strong sell” rating to a “hold” rating in a report on Thursday, July 20th. Finally, ValuEngine upgraded Pointer Telocation from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Pointer Telocation presently has a consensus rating of “Buy” and an average price target of $17.06.
Shares of Pointer Telocation (PNTR) traded up 0.30% during midday trading on Tuesday, hitting $16.70. The company had a trading volume of 20,862 shares. The company’s 50 day moving average is $13.70 and its 200 day moving average is $11.36. Pointer Telocation has a one year low of $6.78 and a one year high of $16.95. The firm has a market cap of $133.23 million, a price-to-earnings ratio of 28.11 and a beta of 0.63.
Pointer Telocation (NASDAQ:PNTR) last issued its earnings results on Wednesday, August 16th. The communications equipment provider reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.11. Pointer Telocation had a return on equity of 17.02% and a net margin of 6.56%. The firm had revenue of $20.04 million for the quarter, compared to the consensus estimate of $18.23 million. Equities analysts forecast that Pointer Telocation will post $0.86 earnings per share for the current fiscal year.
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About Pointer Telocation
Pointer Telocation Ltd. is a provider of mobile resource management (MRM) products and services for the automotive, insurance industries and other mobile tracking markets, such as cargo, assets, shipping and containers. The Company offers roadside assistance (RSA) services, automobile repair and towing services, stolen vehicle recovery (SVR) and other services.
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