News articles about PCM (NASDAQ:PCMI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PCM earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 45.7621727891666 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

Shares of PCM (PCMI) traded down 1.06% during mid-day trading on Friday, reaching $14.00. The company had a trading volume of 79,441 shares. The stock has a 50 day moving average of $12.81 and a 200-day moving average of $19.91. PCM has a one year low of $11.80 and a one year high of $31.20. The firm has a market capitalization of $176.32 million, a price-to-earnings ratio of 11.21 and a beta of 0.87.

PCM (NASDAQ:PCMI) last released its earnings results on Wednesday, July 26th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.02). The firm had revenue of $560.11 million during the quarter, compared to analyst estimates of $595.74 million. PCM had a net margin of 0.73% and a return on equity of 17.32%. PCM’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.68 EPS. Equities analysts predict that PCM will post $2.00 EPS for the current year.

PCM declared that its board has initiated a stock repurchase plan on Wednesday, August 9th that permits the company to repurchase $10.00 million in outstanding shares. This repurchase authorization permits the specialty retailer to buy up to 6.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

A number of research firms have recently weighed in on PCMI. B. Riley reissued a “buy” rating and issued a $33.00 price target on shares of PCM in a research note on Tuesday, July 25th. ValuEngine downgraded PCM from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded PCM from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, BidaskClub raised PCM from a “hold” rating to a “buy” rating in a research note on Saturday, July 15th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. PCM presently has an average rating of “Hold” and an average target price of $28.18.

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About PCM

PCM, Inc is a multi-vendor provider of technology solutions, including hardware products, software and services, offered through its dedicated sales force, field and internal service teams, direct marketing channels, and owned and operated data centers. The Company’s segments include Commercial, Public Sector, Canada and United Kingdom.

Insider Buying and Selling by Quarter for PCM (NASDAQ:PCMI)

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