Shares of Xplore Technologies (NASDAQ:XPLR) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokers have set a 12-month consensus target price of $3.85 for the company and are expecting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given Xplore Technologies an industry rank of 65 out of 265 based on the ratings given to related companies.
A number of analysts have commented on the company. ValuEngine raised Xplore Technologies from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Maxim Group set a $6.00 target price on Xplore Technologies and gave the stock a “buy” rating in a report on Thursday, March 29th. Finally, Zacks Investment Research raised Xplore Technologies from a “sell” rating to a “hold” rating and set a $3.25 target price for the company in a report on Saturday, February 10th.
Several institutional investors and hedge funds have recently modified their holdings of the stock. Macquarie Group Ltd. grew its holdings in shares of Xplore Technologies by 37.3% in the fourth quarter. Macquarie Group Ltd. now owns 59,588 shares of the technology company’s stock worth $169,000 after acquiring an additional 16,188 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Xplore Technologies by 13.3% in the fourth quarter. Renaissance Technologies LLC now owns 270,600 shares of the technology company’s stock worth $769,000 after acquiring an additional 31,700 shares during the period. AWM Investment Company Inc. grew its holdings in shares of Xplore Technologies by 77.1% in the fourth quarter. AWM Investment Company Inc. now owns 273,732 shares of the technology company’s stock worth $775,000 after acquiring an additional 119,211 shares during the period. Dimensional Fund Advisors LP bought a new stake in shares of Xplore Technologies in the third quarter worth $212,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Xplore Technologies in the third quarter worth $121,000. 21.53% of the stock is owned by institutional investors.
Xplore Technologies traded down $0.02, reaching $3.20, during trading hours on Friday, Marketbeat reports. 50 shares of the company traded hands, compared to its average volume of 15,385. The stock has a market capitalization of $35.42 million, a price-to-earnings ratio of -14.00, a PEG ratio of 1.60 and a beta of 0.70. Xplore Technologies has a 1 year low of $3.20 and a 1 year high of $3.24.
Xplore Technologies (NASDAQ:XPLR) last posted its earnings results on Wednesday, February 7th. The technology company reported $0.09 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.07. The business had revenue of $23.85 million during the quarter, compared to analyst estimates of $23.80 million. Xplore Technologies had a return on equity of 3.73% and a net margin of 0.54%. sell-side analysts predict that Xplore Technologies will post 0.07 EPS for the current fiscal year.
About Xplore Technologies
Xplore Technologies Corp. develops, integrates, and markets rugged mobile personal computer systems in the United States, Canada, and internationally. The company's products enable the extension of traditional computing systems to a range of field personnel, including energy pipeline inspectors, public safety personnel, warehouse workers, and pharmaceutical scientists.
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