PCM stock: buy or sell?

PCMI stock price: $34.92 -0.06% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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Shares of PCM remained stable a neutral -0.06% and closed at $34.92.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is PCMI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-6-25Roth CapitalBuyNeutral
2019-2-7Roth Capitaln/aBuy

PCM stock analysis

Daily outlook

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.

PCMI stock chart (daily)

Weekly outlook

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%).

PCMI stock chart (weekly)

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 $32.30

Predicting 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:
PCMI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-25Roth CapitalDowngrades$36.00$35.00-2.8%
2019-2-7Roth CapitalRaises Target$24.20$29.6022.3%
(in average)$30.10$32.307.0%
The price prediction for PCM stock is $32.30, moving in a range between $35.00 and $29.60. In average, analysts' outlook on PCMI price forecast is positive, increasing the forecast by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
PCMI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.19n/a
2017-Q32017-11-060.570.34-40.4%
2017-Q42018-03-070.560.17-69.6%
2018-Q12018-04-250.250.320.0%
2018-Q22018-07-250.510.7751.0%
2018-Q32018-10-240.460.5723.9%
2018-Q42019-02-060.420.5121.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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.

PCMI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,420 M-$8.13 M0.6%-
2014$1,356 M-4.48%$5.47 M0.4%-32.78%
2015$1,662 M22.53%$-18.26 M-1.1%-434.09%
2016$2,251 M35.42%$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 results

PCM 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%.
PCMI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$560 M-$3 M0.4%-
2017-Q3$545 M-2.61%$-1 M-0.2%-133.64%
2017-Q4$571 M4.74%$-3 M-0.5%218.67%
2018-Q1$543 M-4.99%$3 M0.5%-204.89%
2018-Q2$546 M0.66%$8 M1.4%180.43%
2018-Q3$511 M-6.56%$6 M1.2%-24.25%
2018-Q4$564 M10.49%$6 M1.1%2.29%
2019-Q1$534 M-5.34%$5 M0.9%-23.46%

PCM ownership

When 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:

PCMIAMZNCDWCNXNGAIA
Market cap$425.3 M$888.4 B$17.0 B$938.3 M$73.0 M
Total shares12.2 M492.1 M146.0 M26.3 M9.8 M
Float shares7.7 M436.0 M143.1 M11.1 M11.1 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 selling0.0%0.0%0.0%0.0%0.0%

PCM summary

Thursday, August 22nd, 2019
Open$34.95
Close$34.92
Day range$34.92 - $34.99
Previous close$34.94
Session gain-0.06%
Average true range$0.08
50d mov avg$33.55
100d mov avg$31.47
200d mov avg$27.84
Daily pattern
Weekly pattern lt01a

PCM performance

To 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:
Stock3m6m12m
PCMIPCM32.17%7.68%62.42%
AMZNAmazon.com-0.97%10.67%-5.24%
CDW 12.92%22.04%35.50%
CNXNPC Connection6.58%-14.69%-5.49%
GAIAGaia-6.05%-36.32%-56.05%
NSITInsight Enterpris...-8.51%-13.53%-11.88%
PRTSU.S. Auto Parts N...27.84%13.76%-17.33%
SNXSynnex-8.26%-14.40%-9.18%
SYXSystemax0.66%-12.96%-26.92%
TECDTech Data-3.31%-15.32%4.38%

PCM competitors

We selected a few stocks to conform a list of PCM competitors to review if you are interested in investing in PCMI: