Zacks: ParkerVision, Inc. (PRKR) Given $12.00 Consensus Target Price by Analysts

Shares of ParkerVision, Inc. (NASDAQ:PRKR) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus target price of $12.00 for the company, according to Zacks. Zacks has also assigned ParkerVision an industry rank of 193 out of 265 based on the ratings given to its competitors.

Shares of ParkerVision remained flat at $$0.78 on Friday, Marketbeat Ratings reports. The company had a trading volume of 87,627 shares, compared to its average volume of 194,337. ParkerVision has a 52 week low of $0.70 and a 52 week high of $2.67. The company has a current ratio of 0.65, a quick ratio of 0.66 and a debt-to-equity ratio of -1.30. The company has a market cap of $18.48 million, a price-to-earnings ratio of -0.74 and a beta of 1.88.

ParkerVision (NASDAQ:PRKR) last announced its earnings results on Tuesday, May 15th. The semiconductor company reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.25) by $0.06. The business had revenue of $0.08 million for the quarter. During the same quarter last year, the firm posted ($0.32) EPS. analysts predict that ParkerVision will post 0.8 earnings per share for the current fiscal year.

ParkerVision Company Profile

ParkerVision, Inc designs, develops, and markets radio frequency (RF) technologies for use in wireless communication products in the United States. Its technologies apply to transmit and receive functions of transmitters, receivers, and transceivers, as well as other related RF communications functions.

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