RADCOM Ltd. (NASDAQ:RDCM) has been assigned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $27.00.
A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of RADCOM from a “sell” rating to a “hold” rating in a research report on Wednesday, February 14th. Zacks Investment Research downgraded shares of RADCOM from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 9th. TheStreet upgraded shares of RADCOM from a “c” rating to a “b-” rating in a research report on Thursday, February 15th. Finally, William Blair restated a “buy” rating on shares of RADCOM in a research report on Tuesday, February 13th.
RADCOM (RDCM) opened at $19.10 on Friday. The stock has a market cap of $256.66, a P/E ratio of 86.82 and a beta of 0.41. RADCOM has a 1 year low of $17.00 and a 1 year high of $22.45.
RADCOM (NASDAQ:RDCM) last issued its quarterly earnings results on Tuesday, February 13th. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.10. The firm had revenue of $10.60 million for the quarter, compared to the consensus estimate of $10.54 million. RADCOM had a net margin of 7.79% and a return on equity of 5.75%. The company’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.04 EPS. equities research analysts forecast that RADCOM will post 0.16 earnings per share for the current year.
Several large investors have recently added to or reduced their stakes in the company. 1492 Capital Management LLC bought a new stake in shares of RADCOM in the 4th quarter valued at $518,000. Raging Capital Management LLC increased its stake in shares of RADCOM by 157.7% in the 4th quarter. Raging Capital Management LLC now owns 1,271,758 shares of the technology company’s stock valued at $25,244,000 after acquiring an additional 778,207 shares in the last quarter. Driehaus Capital Management LLC bought a new stake in shares of RADCOM in the 4th quarter valued at $5,101,000. Nicholas Investment Partners LP bought a new stake in shares of RADCOM in the 4th quarter valued at $2,637,000. Finally, Cooper Creek Partners Management LLC bought a new stake in shares of RADCOM in the 4th quarter valued at $4,281,000. Institutional investors own 24.77% of the company’s stock.
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RADCOM Company Profile
RADCOM Ltd. (RADCOM) provides service assurance and customer experience management solutions for communication service providers (CSPs). The Company provides solutions for networks, including long-term evolution (LTE), LTE Advanced (LTE-A), voice over LTE (VoLTE), Internet protocol multimedia subsystem (IMS), Voice over Internet protocol (VoIP), universal mobile telecommunications system (UMTS) or global system for mobile communications (GSM) and mobile broadband.
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