Wall Street analysts forecast that PCM Inc (NASDAQ:PCMI) will report earnings of $0.56 per share for the current quarter, Zacks reports. Two analysts have made estimates for PCM’s earnings, with the lowest EPS estimate coming in at $0.55 and the highest estimate coming in at $0.56. PCM posted earnings per share of $0.51 in the same quarter last year, which would indicate a positive year over year growth rate of 9.8%. The company is scheduled to report its next quarterly earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that PCM will report full-year earnings of $1.60 per share for the current financial year, with EPS estimates ranging from $1.57 to $1.62. For the next financial year, analysts forecast that the company will report earnings of $1.91 per share, with EPS estimates ranging from $1.83 to $1.98. Zacks’ EPS averages are a mean average based on a survey of sell-side research firms that cover PCM.

PCM (NASDAQ:PCMI) last released its earnings results on Monday, November 6th. The specialty retailer reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.23). The firm had revenue of $545.50 million during the quarter, compared to analyst estimates of $596.17 million. PCM had a net margin of 0.47% and a return on equity of 14.90%. PCM’s quarterly revenue was down 6.7% on a year-over-year basis.

A number of equities research analysts recently commented on the company. ValuEngine raised PCM from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. B. Riley reaffirmed a “buy” rating and set a $20.00 price objective (down from $33.00) on shares of PCM in a research note on Tuesday, November 7th. Zacks Investment Research cut PCM from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 11th. Roth Capital decreased their price objective on PCM from $28.00 to $18.50 and set a “buy” rating for the company in a research note on Tuesday, November 7th. Finally, TheStreet cut PCM from a “b-” rating to a “c” rating in a research note on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $18.73.

Shares of PCM (NASDAQ:PCMI) opened at $9.10 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.00 and a quick ratio of 0.85. PCM has a 52 week low of $8.80 and a 52 week high of $31.20. The company has a market capitalization of $107.20, a price-to-earnings ratio of 11.52, a PEG ratio of 0.17 and a beta of 0.79.

Several institutional investors have recently made changes to their positions in PCMI. Brandywine Global Investment Management LLC acquired a new stake in shares of PCM during the second quarter worth $127,000. Rhumbline Advisers acquired a new stake in shares of PCM during the third quarter worth $142,000. The Manufacturers Life Insurance Company grew its stake in shares of PCM by 16,357.7% during the second quarter. The Manufacturers Life Insurance Company now owns 8,558 shares of the specialty retailer’s stock worth $160,000 after purchasing an additional 8,506 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of PCM during the third quarter worth $199,000. Finally, Kestrel Investment Management Corp bought a new position in PCM during the third quarter worth about $210,000. 56.18% of the stock is owned by institutional investors and hedge funds.

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PCM Company Profile

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.

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