Pacific DataVision Inc (NASDAQ:PDVW) has been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price objective of $78.00 for the company and are anticipating that the company will post ($0.44) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Pacific DataVision an industry rank of 68 out of 265 based on the ratings given to related companies.
Shares of Pacific DataVision (NASDAQ:PDVW) opened at 26.96 on Monday. The stock’s market cap is $385.29 million. The company has a 50 day moving average price of $25.97 and a 200 day moving average price of $31.20. Pacific DataVision has a 1-year low of $22.27 and a 1-year high of $56.00.
Pacific DataVision (NASDAQ:PDVW) last announced its earnings results on Tuesday, November 10th. The company reported ($0.38) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.38). The business had revenue of $811 million for the quarter, compared to analysts’ expectations of $0.40 million. The business’s revenue was up 17.4% compared to the same quarter last year. On average, equities analysts anticipate that Pacific DataVision will post ($1.61) EPS for the current year.
PDVW has been the subject of several recent analyst reports. Canaccord Genuity restated a “buy” rating and set a $79.00 target price on shares of Pacific DataVision in a research report on Tuesday, October 20th. Zacks Investment Research upgraded Pacific DataVision from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Friday, November 13th.
In other Pacific DataVision news, Chairman Brian Mcauley purchased 2,500 shares of the stock in a transaction on Monday, November 30th. The shares were bought at an average cost of $25.95 per share, with a total value of $64,875.00. Following the completion of the acquisition, the chairman now owns 369,261 shares in the company, valued at $9,582,322.95. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Thomas J. Sidman purchased 1,000 shares of the stock in a transaction on Friday, November 13th. The stock was acquired at an average cost of $25.53 per share, for a total transaction of $25,530.00. Following the completion of the acquisition, the general counsel now owns 2,335 shares of the company’s stock, valued at approximately $59,612.55. The disclosure for this purchase can be found here.
Pacific DataVision Inc is a United States-based company, which develops mobile workforce communications and management solution. The Company provides messaging, voice communications and cloud-based management tools. Its solutions allow service driven industries to document and communicate critical information using their voice, photos and global positioning system (NASDAQ:PDVW)-based location. The Company offers pdvConnect, a cloud-based workforce management tool. It serves utilities, field service, waste, distribution, public safety, insurance, hospitality, and property management industries.
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