PICS (NASDAQ:PICS – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.27 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.86), Zacks reports.
PICS Stock Up 1.5%
NASDAQ:PICS traded up $0.17 during trading hours on Tuesday, reaching $11.24. The company’s stock had a trading volume of 435,766 shares, compared to its average volume of 622,542. The firm’s 50-day moving average price is $11.73. PICS has a 1 year low of $9.88 and a 1 year high of $19.95.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the company. Citigroup initiated coverage on PICS in a research note on Monday, February 23rd. They issued a “buy” rating and a $28.00 target price on the stock. Wells Fargo & Company set a $27.00 price target on PICS in a report on Tuesday, February 24th. Royal Bank Of Canada reduced their price objective on PICS from $20.00 to $19.00 and set an “outperform” rating for the company in a research note on Monday, April 6th. Bank of America assumed coverage on PICS in a research note on Tuesday, February 24th. They set a “buy” rating and a $27.00 target price on the stock. Finally, Mizuho cut their price target on shares of PICS from $30.00 to $23.00 and set an “outperform” rating on the stock in a report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.17.
Insider Transactions at PICS
In related news, Director William Rodney Pruett acquired 100,000 shares of PICS stock in a transaction dated Monday, March 23rd. The shares were purchased at an average cost of $11.80 per share, with a total value of $1,180,000.00. Following the completion of the purchase, the director owned 100,000 shares of the company’s stock, valued at $1,180,000. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Read More
- Five stocks we like better than PICS
- Marvell Stock Soars on NVIDIA’s Trillion-Dollar Nod
- FirstCash Turns Pawn Into a Growth Machine
- HubSpot Just Crushed the Bear Case—Is a Bigger Rally Ahead?
- Aggressive Insider Buying Signals Opportunity in 3 Risky Stocks
Receive News & Ratings for PICS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PICS and related companies with MarketBeat.com's FREE daily email newsletter.
