Shares of Determine Inc (NASDAQ:DTRM) have earned a consensus broker rating score of 1.67 (Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. Determine’s rating score has declined by 67% in the last 90 days as a result of various analysts’ ratings changes.

Brokerages have set a 12 month consensus target price of $4.25 for the company and are predicting that the company will post ($0.13) earnings per share for the current quarter, according to Zacks. Zacks has also given Determine an industry rank of 103 out of 265 based on the ratings given to its competitors.

DTRM has been the topic of several recent research reports. Maxim Group lowered shares of Determine from a “buy” rating to a “hold” rating in a report on Friday, November 10th. ValuEngine lowered shares of Determine from a “sell” rating to a “strong sell” rating in a research note on Friday. Finally, B. Riley began coverage on shares of Determine in a research note on Monday, October 16th. They set a “buy” rating and a $3.50 target price on the stock.

Shares of Determine (NASDAQ DTRM) opened at $1.64 on Monday. Determine has a 1-year low of $1.56 and a 1-year high of $3.93. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.73 and a quick ratio of 0.73.

Determine (NASDAQ:DTRM) last posted its quarterly earnings results on Thursday, November 9th. The technology company reported ($0.10) EPS for the quarter, meeting the consensus estimate of ($0.10). Determine had a negative net margin of 30.72% and a negative return on equity of 88.32%. The company had revenue of $6.89 million for the quarter, compared to analyst estimates of $6.77 million. During the same period in the prior year, the company earned ($0.28) earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. equities research analysts forecast that Determine will post -0.46 EPS for the current year.

In related news, major shareholder Lloyd I. Miller III sold 25,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $1.73, for a total value of $43,250.00. Following the transaction, the insider now directly owns 250,820 shares of the company’s stock, valued at approximately $433,918.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 9.96% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Susquehanna International Group LLP acquired a new stake in Determine in the 2nd quarter valued at about $203,000. Renaissance Technologies LLC raised its holdings in Determine by 24.5% in the 1st quarter. Renaissance Technologies LLC now owns 149,814 shares of the technology company’s stock valued at $509,000 after acquiring an additional 29,500 shares during the last quarter. Finally, AWM Investment Company Inc. raised its holdings in Determine by 103.2% in the 2nd quarter. AWM Investment Company Inc. now owns 1,455,220 shares of the technology company’s stock valued at $3,871,000 after acquiring an additional 739,000 shares during the last quarter. 17.63% of the stock is currently owned by hedge funds and other institutional investors.

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Determine Company Profile

Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.

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