Perceptron (NASDAQ:PRCP) announced its earnings results on Thursday. The scientific and technical instruments company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.13), Fidelity Earnings reports. The company had revenue of $15.63 million for the quarter, compared to analysts’ expectations of $18.40 million. Perceptron had a return on equity of 7.88% and a net margin of 4.81%.
PRCP stock traded down $1.73 during mid-day trading on Friday, hitting $5.34. 52,556 shares of the company were exchanged, compared to its average volume of 32,205. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.48 and a quick ratio of 1.97. The firm has a market cap of $68.00 million, a PE ratio of 13.69 and a beta of 0.66. Perceptron has a 12-month low of $6.75 and a 12-month high of $12.25.
Separately, ValuEngine lowered shares of Perceptron from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st.
Perceptron, Inc develops, produces, and sells various automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection, and 3D scanning in Europe, Asia, and the Americas. It provides various in-line and near-line measurement solutions, including AutoGauge, AutoGauge ACF, AutoGuide, and Helix evo engineered metrology systems for industrial automated process control and assembly using fixed and robot mounted laser scanners; and offline measurement solutions comprising Coord3 and TouchDMIS for industrial gauging and dimensional inspection using standalone robot mounted laser scanners and coordinate measuring machines.
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