Xplore Technologies (XPLR) Given a $6.00 Price Target by Maxim Group Analysts

Xplore Technologies (NASDAQ:XPLR) has been assigned a $6.00 target price by investment analysts at Maxim Group in a research note issued on Thursday. The firm presently has a “buy” rating on the technology company’s stock. Maxim Group’s target price suggests a potential upside of 101.34% from the stock’s previous close.

XPLR has been the topic of a number of other research reports. Zacks Investment Research lowered Xplore Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 12th. ValuEngine lowered Xplore Technologies from a “hold” rating to a “sell” rating in a report on Friday, February 2nd.

Xplore Technologies (NASDAQ XPLR) opened at $2.98 on Thursday. The company has a market capitalization of $33.28, a PE ratio of 99.33, a PEG ratio of 10.47 and a beta of 0.93. Xplore Technologies has a fifty-two week low of $1.54 and a fifty-two week high of $4.20.

Xplore Technologies (NASDAQ:XPLR) last issued its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.03. The business had revenue of $22.75 million for the quarter, compared to analyst estimates of $20.00 million. Xplore Technologies had a return on equity of 3.76% and a net margin of 0.54%. equities research analysts anticipate that Xplore Technologies will post 0.03 earnings per share for the current year.

In other Xplore Technologies news, CEO Thomas Wiley Wilkinson bought 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The stock was purchased at an average price of $3.35 per share, for a total transaction of $25,125.00. Following the purchase, the chief executive officer now directly owns 37,865 shares in the company, valued at $126,847.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Randy W. Denny bought 10,300 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average price of $3.00 per share, with a total value of $30,900.00. Following the purchase, the vice president now owns 300 shares in the company, valued at $900. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 44,203 shares of company stock valued at $131,976. 13.20% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP bought a new stake in Xplore Technologies during the 3rd quarter valued at approximately $212,000. JPMorgan Chase & Co. bought a new stake in shares of Xplore Technologies in the 3rd quarter worth approximately $121,000. Finally, Macquarie Group Ltd. bought a new stake in shares of Xplore Technologies in the 3rd quarter worth approximately $153,000. Hedge funds and other institutional investors own 20.43% of the company’s stock.

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About Xplore Technologies

Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks.

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