Somewhat Negative Press Coverage Somewhat Unlikely to Affect Pointer Telocation (PNTR) Stock Price

Media headlines about Pointer Telocation (NASDAQ:PNTR) have been trending somewhat negative recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pointer Telocation earned a coverage optimism score of 0.00 on Accern’s scale. Accern also assigned news articles about the communications equipment provider an impact score of 47.3558644791106 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern’s rankings:

Several research analysts have commented on the company. HC Wainwright set a $25.00 target price on Pointer Telocation and gave the stock a “buy” rating in a research note on Tuesday, May 22nd. Zacks Investment Research raised Pointer Telocation from a “hold” rating to a “strong-buy” rating and set a $17.00 target price for the company in a research note on Saturday, April 14th. Finally, ValuEngine downgraded Pointer Telocation from a “hold” rating to a “sell” rating in a research note on Friday, June 22nd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $20.25.

NASDAQ PNTR traded up $0.19 during trading on Friday, hitting $11.39. 2,851 shares of the company’s stock were exchanged, compared to its average volume of 10,499. The company has a current ratio of 1.44, a quick ratio of 1.16 and a debt-to-equity ratio of 0.06. The company has a market cap of $91.08 million, a price-to-earnings ratio of 10.17 and a beta of 0.90. Pointer Telocation has a fifty-two week low of $10.40 and a fifty-two week high of $19.65.

Pointer Telocation (NASDAQ:PNTR) last released its quarterly earnings data on Tuesday, May 15th. The communications equipment provider reported $0.28 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Pointer Telocation had a return on equity of 15.94% and a net margin of 20.90%. The company had revenue of $20.88 million during the quarter, compared to the consensus estimate of $20.40 million. sell-side analysts predict that Pointer Telocation will post 1.07 earnings per share for the current year.

About Pointer Telocation

Pointer Telocation Ltd. provides mobile resource management (MRM) products and services for the automotive and insurance industries, and mobile assets management markets worldwide. It operates through MRM and Cellocator sgments. The MRM segment offers asset management, fleet management, stolen vehicle retrieval (SVR), and connected car services.

Further Reading: Understanding Price to Earnings Ratio (PE)

Insider Buying and Selling by Quarter for Pointer Telocation (NASDAQ:PNTR)

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