Perceptron, Inc. (NASDAQ:PRCP) Given $10.00 Consensus Target Price by Analysts

Quantum Capital Management increased its stake in Perceptron by 3.1% in the first quarter. Quantum Capital Management now owns 142,191 shares …

Perceptron logoShares of Perceptron, Inc. (NASDAQ:PRCP) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus target price of $10.00 for the company and are anticipating that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Perceptron an industry rank of 106 out of 256 based on the ratings given to its competitors.

Several research analysts have weighed in on PRCP shares. ValuEngine cut shares of Perceptron from a “sell” rating to a “strong sell” rating in a report on Friday, May 10th. Zacks Investment Research raised shares of Perceptron from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 16th. B. Riley set a $10.00 target price on shares of Perceptron and gave the stock a “buy” rating in a report on Monday, May 13th. Finally, TheStreet cut shares of Perceptron from a “c” rating to a “d+” rating in a report on Thursday, June 13th.

Perceptron stock opened at $4.49 on Thursday. The stock has a market cap of $42.87 million, a P/E ratio of 11.51 and a beta of 0.98. Perceptron has a twelve month low of $3.56 and a twelve month high of $11.25. The company’s 50-day moving average price is $4.33 and its two-hundred day moving average price is $5.85.

In other news, Director John F. Bryant acquired 482,991 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were acquired at an average cost of $4.75 per share, with a total value of $2,294,207.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have bought 489,991 shares of company stock worth $2,325,227 over the last ninety days. Insiders own 12.51% of the company’s stock.

A number of large investors have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its stake in Perceptron by 2.3% in the second quarter. Renaissance Technologies LLC now owns 613,130 shares of the scientific and technical instruments company’s stock valued at $2,728,000 after acquiring an additional 13,531 shares during the last quarter. Punch & Associates Investment Management Inc. increased its stake in Perceptron by 3.4% in the first quarter. Punch & Associates Investment Management Inc. now owns 585,644 shares of the scientific and technical instruments company’s stock valued at $4,392,000 after acquiring an additional 19,060 shares during the last quarter. Quantum Capital Management increased its stake in Perceptron by 3.1% in the first quarter. Quantum Capital Management now owns 142,191 shares of the scientific and technical instruments company’s stock valued at $1,066,000 after acquiring an additional 4,314 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in Perceptron in the second quarter valued at approximately $45,000. 69.19% of the stock is currently owned by institutional investors and hedge funds.

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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Sell-Side Analysts Make Their Projections For Juniper Networks, Inc. (NYSE:JNPR)

Monitoring some price target data, we have noticed that shares of Juniper Networks, Inc. (NYSE:JNPR) currently have an average target of $27.04.

Monitoring some price target data, we have noticed that shares of Juniper Networks, Inc. (NYSE:JNPR) currently have an average target of $27.04. This number is the consensus target price averaging estimates provided by analysts polled by Zacks Research. Sell-side analysts have various methods at their disposal for estimating stock price targets. Many investors will closely monitor stock target prices, especially when Street analysts change their view on a specific target price. Some investors may follow these sell-side targets very closely and use the provided information to assist with their own stock research.

Stock market investors typically have to deal with the risk element when making decisions about specific holdings. There will always be a trade-off between risk and reward, and this is quite evident in the equity market. In general, the more that someone is willing to risk, the higher the potential gains. Investors might need to be willing to identify their risk levels before attempting to jump into the fray. Some investors will choose to play it safe while others will opt to swing for the fences. Managing risk becomes increasingly more important when economic conditions are cloudy. Accumulating the most amount of understanding and relevant information about a company may be a good place to start. Studying a company’s position in the current market may help with understanding how the company has set themselves up for future growth.

We can now shift the focus to some company earnings data. Based on projections provided by 15 individual Wall Street analysts polled by Zacks Research, Juniper Networks, Inc. (NYSE:JNPR) has a current quarter EPS consensus estimate of 0.46. For the prior reporting period, the company posted quarterly earnings per share of 0.4. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest earnings surprises this quarter.

Taking a look at the current consensus broker rating for Juniper Networks, Inc. (NYSE:JNPR), we note that the ABR is 3. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 4.

Investors may be following some historical price data on shares of Juniper Networks, Inc. (NYSE:JNPR). Over the past 12 weeks, the stock has seen a change of -11.71%. If we go back to the beginning of the year, we can see that shares have changed -15.09%. Over the last 4 weeks, shares have seen a change of -15.53%. Over the last 5 trading sessions, the stock has moved -2.39%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $30.67, and the 52-week low is currently $22.85. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $22.85 mark.

As earnings season kicks into high gear, investors may be analyzing the numbers and trying to decide what to do next. Investors may be choosing to buy companies that have a proven track record of solid earnings growth. Other investors may be looking to spot the diamonds in the rough that haven’t necessarily broken out yet. It may be wise to research companies that continually string together superior quarters. One great quarter or one horrible quarter may not provide enough information to justify either a buy or a sell. Many investors will look deeper into the numbers for companies that produce much wider surprise factors than expected. This may occur on either end of the dial with a beat or a miss. Earnings reports also have the ability to cause severe stock price fluctuations. Some traders will look to catch some profits while others may stay on the bench until the dust has cleared.

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Stock Watch: Following the Consensus Target Price for Anaplan, Inc. (:PLAN)

After a recent review, we have noted that shares of Anaplan, Inc. (:PLAN) have an average target price of $50.82. This is the consensus target price …

After a recent review, we have noted that shares of Anaplan, Inc. (:PLAN) have an average target price of $50.82. This is the consensus target price provided by analysts used by Zacks Research. Professional sell-side analysts that cover the stock are usually diligently monitoring the company to gauge future stock price movements. Price target projections can be calculated using alternate methods, and they can differ from one analyst to another. Many investors will track stock target prices, especially when analysts update their projections.

With the stock market still reaching new heights, investors may be wondering how long the good times will keep rolling. It may be tempting to sell some winners to lock in profits at these levels. Of course, nobody can predict how long the market run will continue, but having a plan in place for the possibility of a downturn might be well worth it. Investors may want to regularly check the balance of the portfolio. There might be a few names in the portfolio that have recently taken off to the upside. This may disturb the equilibrium of the portfolio. Investors may need to be prepared to shuffle some profits into other sectors in order to stay in balance. Being able to ride out unexpected spikes or dips may involve keeping a regular watch on economic data and the overall stability of global markets. Investors who are able to avoid panic selling may be able to more efficiently analyze the data necessary to make informed decisions. Having a cool and collected approach may end up being one of the most important traits that the average investor could develop. Finding the proper methods to stay patient when the markets are in a frenzy might just help the investor ride out extended periods of flux and uncertainty.

Taking a look at the current consensus broker rating for Anaplan, Inc. (:PLAN), we note that the ABR is 1.69. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 9.

Investors may be following some historical price data on shares of Anaplan, Inc. (:PLAN). Over the past 12 weeks, the stock has seen a change of 34.62%. If we go back to the beginning of the year, we can see that shares have changed 117.44%. Over the last 4 weeks, shares have seen a change of 0.03%. Over the last 5 trading sessions, the stock has moved -0.17%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $59.9, and the 52-week low is currently $20.95. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $57.71 mark.

We can now shift the focus to some company earnings data. Based on projections provided by 13 individual Wall Street analysts polled by Zacks Research, Anaplan, Inc. (:PLAN) has a current quarter EPS consensus estimate of -0.15. For the prior reporting period, the company posted quarterly earnings per share of -0.12. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest.

Many individuals strive to become successful stock market traders. In reality, it can be very difficult for the average trader to stay afloat during the process of learning all the ins and outs the market. Of course there will always be those who happen to get lucky and end up making a lot of money in the stock market with little knowledge. There will also be a number of people who never experience any type of success trading the stock market. Learning how to properly manage risk and keep emotions in check may be two of the more important aspects of trading the equity market. Although there may be a trading strategy that works for one individual, it may not produce the same results when employed by another individual.

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Artemis Investment Management LLP Raises Holdings in Anaplan Inc (NYSE:PLAN)

Artemis Investment Management LLP increased its position in shares of Anaplan Inc (NYSE:PLAN) by 4.9% in the second quarter, according to its …

Anaplan logoArtemis Investment Management LLP increased its position in shares of Anaplan Inc (NYSE:PLAN) by 4.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,994 shares of the company’s stock after purchasing an additional 4,569 shares during the quarter. Artemis Investment Management LLP owned approximately 0.08% of Anaplan worth $4,804,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Advisory Services Network LLC purchased a new position in shares of Anaplan during the 1st quarter worth approximately $39,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Anaplan in the 2nd quarter valued at $58,000. Evolution Wealth Advisors LLC purchased a new stake in Anaplan in the 2nd quarter valued at $64,000. Advisor Group Inc. purchased a new stake in Anaplan in the 4th quarter valued at $41,000. Finally, Close Asset Management Ltd purchased a new stake in Anaplan in the 1st quarter valued at $79,000. Institutional investors and hedge funds own 39.86% of the company’s stock.

Shares of NYSE PLAN traded down $4.24 during mid-day trading on Wednesday, hitting $53.47. 6,843,497 shares of the stock traded hands, compared to its average volume of 1,569,724. The stock has a fifty day moving average price of $57.05 and a 200-day moving average price of $44.69. Anaplan Inc has a 52 week low of $20.37 and a 52 week high of $60.36. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.94 and a current ratio of 1.94. The company has a market cap of $7.37 billion and a price-to-earnings ratio of -31.09.

Anaplan (NYSE:PLAN) last issued its quarterly earnings results on Tuesday, August 27th. The company reported ($0.31) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.01). The business had revenue of $84.50 million during the quarter, compared to the consensus estimate of $78.25 million. The firm’s revenue was up 46.2% on a year-over-year basis. As a group, sell-side analysts predict that Anaplan Inc will post -1.15 EPS for the current fiscal year.

In other Anaplan news, Director Sandesh Kaveripatnam sold 495,000 shares of Anaplan stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $49.52, for a total transaction of $24,512,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Ying Xian Chung sold 1,763 shares of Anaplan stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $52.41, for a total value of $92,398.83. The disclosure for this sale can be found here. Insiders have sold a total of 1,318,955 shares of company stock valued at $65,929,926 in the last quarter. Company insiders own 37.20% of the company’s stock.

A number of equities research analysts recently commented on the company. Macquarie assumed coverage on Anaplan in a research report on Monday, July 15th. They issued an “outperform” rating and a $65.00 price target for the company. SunTrust Banks reissued a “buy” rating and issued a $65.00 price target (up from $52.00) on shares of Anaplan in a research report on Wednesday. Royal Bank of Canada assumed coverage on Anaplan in a research report on Wednesday. They issued an “outperform” rating and a $70.00 price target for the company. Barclays increased their price target on Anaplan from $43.00 to $54.00 and gave the company an “equal weight” rating in a research report on Wednesday. Finally, Canaccord Genuity reiterated a “top pick” rating and set a $65.00 price target (up previously from $50.00) on shares of Anaplan in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $55.94.

Anaplan Profile

Anaplan, Inc engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

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Institutional Ownership by Quarter for Anaplan (NYSE:PLAN)

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Anaplan Inc (NYSE:PLAN) Shares Acquired by Artemis Investment Management LLP

Artemis Investment Management LLP increased its holdings in Anaplan Inc (NYSE:PLAN) by 4.9% during the second quarter, according to its most …

Anaplan logoArtemis Investment Management LLP increased its holdings in Anaplan Inc (NYSE:PLAN) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,994 shares of the company’s stock after purchasing an additional 4,569 shares during the quarter. Artemis Investment Management LLP owned 0.08% of Anaplan worth $4,804,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in shares of Anaplan during the 1st quarter worth approximately $39,000. Advisor Group Inc. purchased a new stake in Anaplan in the 4th quarter valued at $41,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in Anaplan in the 2nd quarter valued at $58,000. Evolution Wealth Advisors LLC purchased a new stake in Anaplan in the 2nd quarter valued at $64,000. Finally, Legal & General Group Plc purchased a new stake in Anaplan in the 4th quarter valued at $74,000. Institutional investors and hedge funds own 39.86% of the company’s stock.

Shares of NYSE PLAN traded down $4.24 during mid-day trading on Wednesday, hitting $53.47. 6,843,497 shares of the stock traded hands, compared to its average volume of 1,569,724. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.94 and a current ratio of 1.94. Anaplan Inc has a 52 week low of $20.37 and a 52 week high of $60.36. The company has a market cap of $7.37 billion and a price-to-earnings ratio of -31.09. The stock has a fifty day moving average price of $57.05 and a 200-day moving average price of $44.69.

Anaplan (NYSE:PLAN) last released its quarterly earnings data on Tuesday, August 27th. The company reported ($0.31) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.01). The firm had revenue of $84.50 million during the quarter, compared to analysts’ expectations of $78.25 million. Anaplan’s revenue for the quarter was up 46.2% on a year-over-year basis. As a group, sell-side analysts predict that Anaplan Inc will post -1.15 EPS for the current fiscal year.

In other Anaplan news, Chairman Frank Calderoni sold 49,703 shares of Anaplan stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $56.03, for a total transaction of $2,784,859.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider David Ying Xian Chung sold 1,763 shares of Anaplan stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $52.41, for a total value of $92,398.83. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,318,955 shares of company stock valued at $65,929,926. 37.20% of the stock is currently owned by insiders.

A number of equities research analysts recently commented on the company. Goldman Sachs Group increased their price target on Anaplan from $62.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday. Zacks Investment Research lowered Anaplan from a “buy” rating to a “hold” rating in a research report on Wednesday, August 7th. Canaccord Genuity reissued a “top pick” rating and issued a $65.00 price target (up from $50.00) on shares of Anaplan in a research report on Wednesday. Royal Bank of Canada assumed coverage on Anaplan in a research report on Wednesday. They issued an “outperform” rating and a $70.00 price target for the company. Finally, Compass Point started coverage on Anaplan in a research report on Tuesday, August 13th. They issued a “neutral” rating and a $58.00 price target for the company. Five analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $55.94.

Anaplan Profile

Anaplan, Inc engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

Featured Story: What is the Ex-Dividend Date in Investing?

Institutional Ownership by Quarter for Anaplan (NYSE:PLAN)

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