TheStreet Lowers Perceptron (PRCP) to C

TheStreet lowered shares of Perceptron (NASDAQ:PRCP) from a b- rating to a c rating in a research report sent to investors on Monday, TheStreetRatingsTable reports.

A number of other research firms also recently commented on PRCP. ValuEngine downgraded Perceptron from a hold rating to a sell rating in a research report on Friday, January 25th. B. Riley set a $10.00 target price on Perceptron and gave the stock a buy rating in a research report on Monday.

NASDAQ:PRCP opened at $4.99 on Monday. The company has a current ratio of 2.48, a quick ratio of 1.97 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $49.92 million, a P/E ratio of 12.79 and a beta of 0.66. Perceptron has a 12 month low of $4.86 and a 12 month high of $12.25.



Perceptron (NASDAQ:PRCP) last posted its earnings results on Thursday, May 9th. The scientific and technical instruments company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.13). The firm had revenue of $15.63 million during the quarter, compared to analysts’ expectations of $18.40 million. Perceptron had a return on equity of 3.47% and a net margin of 2.61%. On average, equities research analysts anticipate that Perceptron will post 0.45 EPS for the current year.

A number of hedge funds have recently modified their holdings of PRCP. Vanguard Group Inc raised its holdings in Perceptron by 1.1% during the third quarter. Vanguard Group Inc now owns 287,783 shares of the scientific and technical instruments company’s stock worth $2,806,000 after purchasing an additional 3,100 shares in the last quarter. Quantum Capital Management raised its holdings in Perceptron by 14.9% during the fourth quarter. Quantum Capital Management now owns 137,877 shares of the scientific and technical instruments company’s stock worth $1,124,000 after purchasing an additional 17,887 shares in the last quarter. Penbrook Management LLC raised its holdings in Perceptron by 8.7% during the first quarter. Penbrook Management LLC now owns 173,993 shares of the scientific and technical instruments company’s stock worth $1,305,000 after purchasing an additional 13,950 shares in the last quarter. Punch & Associates Investment Management Inc. raised its holdings in Perceptron by 3.4% during the first quarter. Punch & Associates Investment Management Inc. now owns 585,644 shares of the scientific and technical instruments company’s stock worth $4,392,000 after purchasing an additional 19,060 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Perceptron by 0.4% during the first quarter. Renaissance Technologies LLC now owns 599,599 shares of the scientific and technical instruments company’s stock worth $4,497,000 after purchasing an additional 2,199 shares in the last quarter. Institutional investors and hedge funds own 70.67% of the company’s stock.

Perceptron Company Profile

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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