PCM stock: buy or sell?
August 22nd, 2019
PCM, Inc., through its subsidiaries, operates as a multi-vendor provider of technology products and solutions primarily in the United States and Canada.
Should I buy PCM stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, PCM stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is PCM stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we gathered 2 ratings published for PCMI stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
PCM stock analysis
PCM remained constant a neutral -0.06% and closed at $34.92.
Shares of PCM ended today at $34.92 and remained steady a neutral -0.06%. On June PCMI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA50d and SMA100d crossed up on August/9, PCMI price climbed $0.04 per share (0.11%). On April, PCMI hit a new all time high, pushing higher than on March tops. Check different trading setups that use ATHs as triggers.
Shares of PCM ended this week at $34.92 and remained stable a tight -0.06%.
PCM stock just marked a top under its last top. Athought it's not something to really worring right now, investors should be alerted as this could be a warning for future complications. It's important PCMI stock price keeps the level, and maybe bounce up from there forming a double bottom pattern. Late June PCMI price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Far behind is the all-time high PCM marked early April and since then the price is -12.02% below that top. Since early August when SMA10w and SMA20w crossed up, PCMI price gained $0.05 per share (0.14%).
PCM stock price history
PCM IPO was on April 4th, 1995 at $2.31 per share1. Since then, PCMI stock grew a 1,411.70%, with a yearly average of 58.80%. If you had invested right after PCMI's IPO a $1,000 in PCM stock in 1995, it would worth $14,117.00 today.
1: Adjusted price after possible price splits or reverse-splits.
PCM stock historical price chart
PCMI stock reached all-time highs on April with a price of $39.69.
PCM stock price target is $32.30Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 2 price forecasts for PCM stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-2-7||Roth Capital||Raises Target||$24.20||$29.60||22.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, PCM presented its financial report, posting a brilliant gain for the Earnings per Share (EPS). Experts were expecting $0.42 per share, but PCM posted $0.51.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, PCM annual turnover remained stable a neutral -0.14% to $2,163.96 M USD from $2,166.89 marked in 2017. In line, its income margin (compared to revenues) stayed constant to 1.05%, that is $22.77 million.
|2013||$1,420 M||-||$8.13 M0.6%||-|
|2014||$1,356 M||-4.48%||$5.47 M0.4%||-32.78%|
|2015||$1,662 M||22.53%||$-18.26 M-1.1%||-434.09%|
|2016||$2,251 M||35.42%||$18 M0.8%||-196.36%|
|2017||$2,167 M||-3.72%||$2.60 M0.1%||-85.25%|
|2018||$2,164 M||-0.14%||$23 M1.1%||777.57%|
Quarterly financial resultsPCM reported $564.12 million in revenues for 2018-Q4, a 10.49% up compared to previous quarter. Reported quarter income marked $6.11 million with a profit margin of 1.08%. Profit margin stayed constant a -0.09% compared to previous quarter when profit margin was 1.17%. When comparing sales to same quarter last year, PCM sales marked an unpleasant correction and declined a -1.26%.
|2017-Q2||$560 M||-||$3 M0.4%||-|
|2017-Q3||$545 M||-2.61%||$-1 M-0.2%||-133.64%|
|2017-Q4||$571 M||4.74%||$-3 M-0.5%||218.67%|
|2018-Q1||$543 M||-4.99%||$3 M0.5%||-204.89%|
|2018-Q2||$546 M||0.66%||$8 M1.4%||180.43%|
|2018-Q3||$511 M||-6.56%||$6 M1.2%||-24.25%|
|2018-Q4||$564 M||10.49%||$6 M1.1%||2.29%|
|2019-Q1||$534 M||-5.34%||$5 M0.9%||-23.46%|
PCM ownershipWhen you are planning to buy shares of a company, it's always worth to have a look its ownership structure.
PCM shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 28.19% of all shares.
In case of PCM stock, 58.01% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PCMI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to PCM:
|Market cap||$425.3 M||$888.4 B||$17.0 B||$938.3 M||$73.0 M|
|Total shares||12.2 M||492.1 M||146.0 M||26.3 M||9.8 M|
|Float shares||7.7 M||436.0 M||143.1 M||11.1 M||11.1 M|
|- Institutional holdings (%)||58.0%||57.1%||94.0%||42.2%||86.6%|
|- Insider holdings (%)||28.2%||16.1%||1.0%||57.7%||4.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$34.92 - $34.99|
|Average true range||$0.08|
|50d mov avg||$33.55|
|100d mov avg||$31.47|
|200d mov avg||$27.84|
PCM performanceTo better understand PCM performance you must compare its gains with other related stocks in same sector or industry. We compared PCM against Amazon.com, CDW, PC Connection, Gaia, Insight Enterprises, U.S. Auto Parts Network, Synnex, Systemax and Tech Data in the following table:
|PRTSU.S. Auto Parts N...||27.84%||13.76%||-17.33%|