Shares of Supercom (NASDAQ:SPCB) have received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price target of $15.25 for the company and are forecasting that the company will post $0.20 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Supercom an industry rank of 174 out of 265 based on the ratings given to its competitors.
Shares of Supercom (NASDAQ:SPCB) opened at 11.50 on Wednesday. Supercom has a 1-year low of $7.00 and a 1-year high of $14.15. The stock has a 50-day moving average of $9. and a 200-day moving average of $9.. The company has a market cap of $158.03 million and a price-to-earnings ratio of 25.56
.
Supercom (NASDAQ:SPCB) last posted its quarterly earnings results on Thursday, March 26th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.44 by $0.27. Analysts expect that Supercom will post $1.21 EPS for the current fiscal year.
A number of analysts have recently weighed in on SPCB shares. Analysts at B. Riley initiated coverage on shares of Supercom in a research note on Monday, April 13th. They set a “buy” rating and a $17.75 price target on the stock. Analysts at Singular Research initiated coverage on shares of Supercom in a research note on Tuesday, March 31st. They set a “buy” rating and a $13.25 price target on the stock. Analysts at TheStreet downgraded shares of Supercom from a “buy” rating to a “hold” rating in a research note on Friday, March 27th. Finally, analysts at Feltl & Co. initiated coverage on shares of Supercom in a research note on Friday, March 27th. They set a “strong-buy” rating and a $16.00 price target on the stock.
SuperCom Ltd. is an Israel-based provider of traditional and digital identity solutions, providing advanced safety, identification, tracking and security products to governments and, private and public organizations. The Company provides cutting edge real-time positioning, tracking, monitoring and verification solutions enabled by its PureRF wireless hybrid suite of products and technologies, all connected to a web-based, secure, proprietary, interactive and user-friendly interface.
