ParkerVision, Inc. (NASDAQ:PRKR) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports.
Brokerages have set a 1 year consensus target price of $12.00 for the company, according to Zacks. Zacks has also assigned ParkerVision an industry rank of 205 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded ParkerVision from a “hold” rating to a “sell” rating in a research report on Friday, November 24th.
ParkerVision (PRKR) opened at $0.88 on Thursday. ParkerVision has a 12-month low of $0.78 and a 12-month high of $3.80. The company has a debt-to-equity ratio of -1.71, a quick ratio of 0.63 and a current ratio of 1.03. The stock has a market capitalization of $17.33, a price-to-earnings ratio of -0.73 and a beta of 1.82.
ParkerVision (NASDAQ:PRKR) last posted its quarterly earnings results on Tuesday, November 14th. The semiconductor company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.01). research analysts forecast that ParkerVision will post -0.94 earnings per share for the current fiscal year.
ParkerVision Company Profile
ParkerVision, Inc is engaged in the designing, developing and marketing of its radio frequency (RF) technologies and products. The Company’s business is focused on the development and marketing of its RF technologies for mobile and other wireless applications. Its products include a modulator/demodulator component that incorporates its technologies, as well as a small number of supporting components that are used in the assembly of wireless devices.
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