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PCTEL (PCTI) Stock Overview

PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide. More details

PCTI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 48.5% below our estimate of its fair value

Earnings are forecast to grow 17.15% per year

Earnings grew by 274.3% over the past year

Risk Analysis

Shareholders have been diluted in the past year

Volatile share price over the past 3 months

Dividend of 3.15% is not well covered by earnings

PCTI Community Fair Values

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PCTEL, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for PCTEL
Historical stock prices
Current Share Price	US$6.99
52 Week High	US$7.00
52 Week Low	US$3.78
Beta	0.35
1 Month Change	1.90%
3 Month Change	61.43%
1 Year Change	61.81%
3 Year Change	6.07%
5 Year Change	76.96%
Change since IPO	-70.26%

Recent updates

PCTEL's (NASDAQ:PCTI) Dividend Will Be $0.055

Apr 28

PCTEL (NASDAQ:PCTI) Might Have The Makings Of A Multi-Bagger

Mar 15

PCTEL (NASDAQ:PCTI) Is Paying Out A Dividend Of $0.055

Jan 26

PCTEL (NASDAQ:PCTI) Is Due To Pay A Dividend Of $0.055

Oct 25

PCTEL (NASDAQ:PCTI) Is Looking To Continue Growing Its Returns On Capital

Sep 27

PCTEL: Strong Trending Move May Be Only Starting (Technical Analysis)

Aug 19

PCTEL (NASDAQ:PCTI) Is Due To Pay A Dividend Of $0.055

Jul 26

PCTEL secures multimillion dollar orders for 5G scanning receivers

Jul 18

PCTEL receives regulatory European certification for new industrial IoT radio module

Jul 07

PCTEL: Patient Shareholders To Be Rewarded Shortly

Jun 14

PCTEL (NASDAQ:PCTI) Will Pay A Dividend Of US$0.055

Apr 25

PCTEL: Investors Need To Remain Patient For Buying Opportunity To Present Itself

Mar 08

PCTEL (NASDAQ:PCTI) Is Due To Pay A Dividend Of US$0.055

Jan 27

PCTEL Continues To Be A Sound Income Play

Nov 30

PCTEL (NASDAQ:PCTI) Has Affirmed Its Dividend Of US$0.055

Oct 25

PCTEL (NASDAQ:PCTI) Has Affirmed Its Dividend Of US$0.055

Jul 25

Increases to CEO Compensation Might Be Put On Hold For Now at PCTEL, Inc. (NASDAQ:PCTI)

May 20

Returns At PCTEL (NASDAQ:PCTI) Are On The Way Up

Apr 13

A Look At The Intrinsic Value Of PCTEL, Inc. (NASDAQ:PCTI)

Mar 16

Need To Know: PCTEL, Inc. (NASDAQ:PCTI) Insiders Have Been Selling Shares

Mar 03

Investors In PCTEL, Inc. (NASDAQ:PCTI) Should Consider This, First

Feb 18

Shareholder Returns

	PCTI	US Communications	US Market
7D	0.6%	4.5%	2.6%
1Y	61.8%	43.0%	19.0%

Return vs Industry: PCTI exceeded the US Communications industry which returned 14.2% over the past year.

Return vs Market: PCTI exceeded the US Market which returned 23.5% over the past year.

Price Volatility

Is PCTI's price volatile compared to industry and market?
PCTI volatility
PCTI Average Weekly Movement	13.6%
Communications Industry Average Movement	8.0%
Market Average Movement	6.5%
10% most volatile stocks in US Market	17.3%
10% least volatile stocks in US Market	3.0%

Stable Share Price: PCTI's share price has been volatile over the past 3 months.

Volatility Over Time: PCTI's weekly volatility has increased from 8% to 14% over the past year.

About the Company

Founded	Employees	CEO	Website
1994	213	David Neumann	www.pctel.com

PCTEL, Inc., together with its subsidiaries, provides industrial Internet of Thing devices (IoT), antenna systems, and test and measurement solutions worldwide. The company designs and manufactures precision antennas and industrial IoT devices that are deployed in small cells, enterprise Wi-Fi access points, fleet management and transit systems, and in equipment and devices for the industrial IoT. Its antenna portfolio includes Wi-Fi, Bluetooth, land mobile radio, tetra, global navigation satellite systems, cellular, industrial, scientific, medical, long range, and combination antenna solutions for used in public safety and military communications, utilities and energy, precision agriculture, smart traffic management, electric vehicle charging stations, passengers and cargo vehicles, forestry machinery, and off-road vehicles.

PCTEL, Inc. Fundamentals Summary

How do PCTEL's earnings and revenue compare to its market cap?
PCTI fundamental statistics
Market cap	US$132.95m
Earnings (TTM)	US$4.26m
Revenue (TTM)	US$86.86m

31.2x

P/E Ratio

1.5x

P/S Ratio

Is PCTI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PCTI income statement (TTM)
Revenue	US$86.86m
Cost of Revenue	US$44.58m
Gross Profit	US$42.28m
Other Expenses	US$38.01m
Earnings	US$4.26m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	48.67%
Net Profit Margin	4.91%
Debt/Equity Ratio	0%

How did PCTI perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

96%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/19 23:35
End of Day Share Price	2023/12/15 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PCTEL, Inc. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Power	Baird
Marc Wiesenberger	B. Riley Securities, Inc.
Jaeson Allen Schmidt	Lake Street Capital Markets, LLC

This company has been acquired

PCTEL (PCTI) Stock Overview

Rewards

Risk Analysis

PCTEL, Inc. Competitors

BK Technologies

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Gilat Satellite Networks

Ceragon Networks

Price History & Performance

Recent News & Updates

PCTEL, Inc. Announces Commissioning Test Automation System for In-Building Public Safety Radio Systems

PCTEL Files Form 15

PCTEL, Inc. Announces New Embedded Antenna Platform

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 47%

New minor risk - Share price stability

Recent updates

PCTEL, Inc. Announces Commissioning Test Automation System for In-Building Public Safety Radio Systems

PCTEL Files Form 15

PCTEL, Inc. Announces New Embedded Antenna Platform

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 47%

New minor risk - Share price stability

Investor sentiment improves as stock rises 16%

Chain of Lakes Investment Discloses its Views on PCTEL

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations

PCTEL, Inc. Provides Revenue Guidance for the Third Quarter 2023

PCTEL, Inc. Announces New Innovative 5G FR1 Omnidirectional Antenna for Industrial IoT Applications

Upcoming dividend of US$0.055 per share at 4.4% yield

PCTEL, Inc. Announces New Tri-Band Wi-Fi 7 Omnidirectional Antenna Platform for Unmatched Signal Coverage in Iiot, Enterprise and Mining Applications

PCTEL, Inc. to Report Q2, 2023 Results on Aug 08, 2023

PCTEL, Inc. Declares Regular Quarterly Dividend, Payable on August 15, 2023

PCTEL, Inc. Appoints Anthony R. Rossabi to the Pctel Board of Directors

PCTEL, Inc. Adds 4G LTE and 5G NR Network Monitoring Capabilities to SeeHawk Monitor

Investor sentiment improves as stock rises 19%

PCTEL, Inc., Annual General Meeting, Jun 22, 2023

PCTEL, Inc. Provides Earnings Guidance for the Second Quarter of 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

PCTEL's (NASDAQ:PCTI) Dividend Will Be $0.055

Investor sentiment deteriorates as stock falls 16%

PCTEL (NASDAQ:PCTI) Might Have The Makings Of A Multi-Bagger

Full year 2022 earnings: EPS exceeds analyst expectations

PCTEL, Inc. Announces Its New Verstack Antenna Platform for Smarter Rail Communications and IIoT applications

Upcoming dividend of US$0.055 per share at 4.8% yield

PCTEL (NASDAQ:PCTI) Is Paying Out A Dividend Of $0.055

PCTEL Inc. Declares Regular Quarterly Dividend, Payable on February 15, 2023

Insufficient new directors

Third quarter 2022 earnings released: EPS: US$0.11 (vs US$0.037 in 3Q 2021)

Pctel, Inc. Provides Earnings Guidance for the Fourth Quarter 2022

Upcoming dividend of US$0.055 per share

PCTEL, Inc. Helps Public Safety Officials Manage In-Building Communications Coverage Testing with Cloud Platform

PCTEL (NASDAQ:PCTI) Is Due To Pay A Dividend Of $0.055

PCTEL, Inc. Declares Regular Quarterly Dividend, Payable on November 15, 2022

PCTEL, Inc. to Report Q3, 2022 Results on Nov 03, 2022

PCTEL Announces Its New MultiFin Antenna for Intelligent Transportation Systems Communications

PCTEL (NASDAQ:PCTI) Is Looking To Continue Growing Its Returns On Capital

PCTEL: Strong Trending Move May Be Only Starting (Technical Analysis)

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

PCTEL, Inc. Provides Revenue Guidance for the Third Quarter 2022

PCTEL, Inc. Announces Spectrum Monitoring and Uplink Testing Solution for Critical Communications Networks

Upcoming dividend of US$0.055 per share

PCTEL (NASDAQ:PCTI) Is Due To Pay A Dividend Of $0.055

PCTEL, Inc. to Report Q2, 2022 Results on Aug 09, 2022

PCTEL, Inc. Declares Regular Quarterly Dividend, Payable on August 15, 2022

PCTEL secures multimillion dollar orders for 5G scanning receivers

PCTEL receives regulatory European certification for new industrial IoT radio module

PCTEL: Patient Shareholders To Be Rewarded Shortly

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

PCTEL, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Upcoming dividend of US$0.055 per share

Price target increased to US$9.00

Insufficient new directors

PCTEL (NASDAQ:PCTI) Will Pay A Dividend Of US$0.055

PCTEL, Inc. Declares Regular Quarterly Dividend, Payable on May 13, 2022

PCTEL, Inc., Annual General Meeting, May 25, 2022

PCTEL: Investors Need To Remain Patient For Buying Opportunity To Present Itself

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

PCTEL, Inc. Provides Earnings Guidance for the First Quarter of 2022