The stock of PCM Inc (NASDAQ:PCMI) is a huge mover today! About 225,209 shares traded hands or 21.15% up from the average. PCM Inc (NASDAQ:PCMI) has risen 191.09% since March 9, 2016 and is uptrending. It has outperformed by 183.67% the S&P500.
The move comes after 7 months negative chart setup for the $255.92 million company. It was reported on Oct, 12 by Barchart.com. We have $19.24 PT which if reached, will make NASDAQ:PCMI worth $33.27 million less.
Analysts await PCM Inc (NASDAQ:PCMI) to report earnings on November, 3. They expect $0.31 EPS, up 244.44% or $0.22 from last year’s $0.09 per share. PCMI’s profit will be $3.59 million for 17.85 P/E if the $0.31 EPS becomes a reality. After $0.66 actual EPS reported by PCM Inc for the previous quarter, Wall Street now forecasts -53.03% negative EPS growth.
PCM Inc (NASDAQ:PCMI) Ratings Coverage
Out of 2 analysts covering PCM Inc (NASDAQ:PCMI), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. PCM Inc has been the topic of 3 analyst reports since July 21, 2016 according to StockzIntelligence Inc. TH Capital downgraded the shares of PCMI in a report on Thursday, August 25 to “Neutral” rating. The rating was initiated by Roth Capital on Thursday, July 21 with “Buy”. The stock of PCM Inc (NASDAQ:PCMI) earned “Neutral” rating by Roth Capital on Thursday, August 25.
According to Zacks Investment Research, “PCM Inc. is a technology solutions provider to businesses, government and educational institutions and individual consumers. The Company’s operating segments consists of Commercial, Public Sector and MacMall. It offers technology products and solutions as well as consumer electronics equipment and other consumer products. PCM Inc., formerly known as PC Mall, Inc., is headquartered in El Segundo, California.”
More notable recent PCM Inc (NASDAQ:PCMI) news were published by: Seekingalpha.com which released: “PCM Inc.: Not Yet A Short” on September 30, 2016, also Streetinsider.com with their article: “PCM, Inc. (PCMI) Surges Following Blow-Out Q2” published on July 27, 2016, Latimes.com published: “PCM may become a takeover target” on April 28, 2014. More interesting news about PCM Inc (NASDAQ:PCMI) were released by: Quotes.Wsj.com and their article: “News PCM Inc.PCMI” published on January 03, 2013 as well as Streetinsider.com‘s news article titled: “PCM, Inc. (PCMI) to Acquire B2B Assets of Systemax’s (SYX) NATG unit; Includes …” with publication date: November 18, 2015.
PCMI Company Profile
PCM, Inc., incorporated on February 9, 1995, is engaged in providing technology products, services and solutions through direct marketing channels, and owned and operated data centers. The Firm offers technology products, solutions and other consumer products. The Company’s divisions include Commercial, Public Sector, MacMall, Canada, and Corporate & Other. The Firm sells its products primarily to clients in the United States and Canada, and maintains offices throughout the United States and Canada, as well as in Montreal, Canada and Manila, Philippines.
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