Analysts expect PCM Inc (NASDAQ:PCMI) to report earnings per share of $0.50 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for PCM’s earnings, with the highest EPS estimate coming in at $0.52 and the lowest estimate coming in at $0.48. PCM reported earnings of $0.34 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 47.1%. The firm is scheduled to issue its next earnings results on Monday, November 5th.

On average, analysts expect that PCM will report full-year earnings of $2.19 per share for the current fiscal year, with EPS estimates ranging from $2.17 to $2.21. For the next fiscal year, analysts forecast that the company will post earnings of $2.53 per share, with EPS estimates ranging from $2.51 to $2.55. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for PCM.

PCM (NASDAQ:PCMI) last posted its quarterly earnings results on Wednesday, July 25th. The specialty retailer reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.26. The firm had revenue of $546.43 million for the quarter, compared to analysts’ expectations of $569.98 million. PCM had a net margin of 0.33% and a return on equity of 13.96%.

Several research firms recently issued reports on PCMI. TheStreet raised shares of PCM from a “d+” rating to a “c” rating in a report on Thursday, July 26th. ValuEngine cut shares of PCM from a “hold” rating to a “sell” rating in a report on Thursday, June 28th. Zacks Investment Research cut shares of PCM from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th. B. Riley upped their price target on shares of PCM to $25.00 in a report on Thursday, July 26th. Finally, BidaskClub cut shares of PCM from a “strong-buy” rating to a “buy” rating in a report on Friday, September 7th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. PCM presently has an average rating of “Buy” and an average price target of $21.33.

PCMI traded down $1.20 during trading on Tuesday, hitting $20.05. The company had a trading volume of 95,419 shares, compared to its average volume of 134,047. The stock has a market capitalization of $253.83 million, a PE ratio of 18.56, a P/E/G ratio of 0.53 and a beta of 0.81. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.01 and a quick ratio of 0.89. PCM has a 1-year low of $6.90 and a 1-year high of $25.23.

In other PCM news, Director Thomas A. Maloof sold 5,000 shares of the stock in a transaction on Monday, August 6th. The shares were sold at an average price of $24.45, for a total transaction of $122,250.00. Following the sale, the director now directly owns 70,500 shares of the company’s stock, valued at $1,723,725. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Simon M. Abuyounes sold 9,389 shares of the stock in a transaction on Friday, August 10th. The stock was sold at an average price of $23.64, for a total transaction of $221,955.96. Following the sale, the insider now directly owns 58,046 shares in the company, valued at $1,372,207.44. The disclosure for this sale can be found here. Insiders sold 152,860 shares of company stock worth $3,499,092 over the last ninety days. 26.80% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the business. Bank of America Corp DE raised its holdings in shares of PCM by 919.3% during the second quarter. Bank of America Corp DE now owns 7,798 shares of the specialty retailer’s stock worth $118,000 after purchasing an additional 7,033 shares during the period. Laurion Capital Management LP acquired a new stake in shares of PCM during the second quarter worth $187,000. GSA Capital Partners LLP raised its holdings in shares of PCM by 49.9% during the first quarter. GSA Capital Partners LLP now owns 21,038 shares of the specialty retailer’s stock worth $175,000 after purchasing an additional 7,000 shares during the period. LMR Partners LLP acquired a new stake in shares of PCM during the second quarter worth $390,000. Finally, Beck Mack & Oliver LLC acquired a new stake in shares of PCM during the second quarter worth $417,000. 50.29% of the stock is currently owned by institutional investors.

About PCM

PCM, Inc, through its subsidiaries, operates as a multi-vendor provider of technology products and solutions in the United States and the rest of Europe. The company operates through four segments: Commercial, Public Sector, Canada, and United Kingdom. It primarily sells device products, servers, storage products, network products, printers, and related accessories and devices.

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