Analysts Expect Points.com Inc. (NASDAQ:PCOM) Will Announce Quarterly Sales of $97.20 Million

Wall Street analysts forecast that Points.com Inc. (NASDAQ:PCOMGet Rating) (TSE:PTS) will post sales of $97.20 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Points.com’s earnings. The lowest sales estimate is $93.20 million and the highest is $101.20 million. Points.com posted sales of $65.03 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 49.5%. The company is scheduled to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Points.com will report full-year sales of $444.15 million for the current financial year, with estimates ranging from $437.90 million to $450.40 million. For the next fiscal year, analysts anticipate that the business will report sales of $492.77 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Points.com.

Points.com (NASDAQ:PCOMGet Rating) (TSE:PTS) last announced its quarterly earnings results on Wednesday, March 9th. The information services provider reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01. The firm had revenue of $115.11 million for the quarter, compared to the consensus estimate of $115.00 million. Points.com had a negative net margin of 0.09% and a negative return on equity of 0.01%.

A number of equities analysts have weighed in on the stock. StockNews.com assumed coverage on shares of Points.com in a research report on Sunday, April 3rd. They set a “hold” rating for the company. Royal Bank of Canada increased their target price on shares of Points.com from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, March 11th. Finally, Zacks Investment Research upgraded shares of Points.com from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 20th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $22.25.

NASDAQ:PCOM traded down $0.92 during trading hours on Friday, reaching $16.69. 7,929 shares of the company were exchanged, compared to its average volume of 5,430. The stock’s 50-day moving average is $17.48 and its 200-day moving average is $16.91. The firm has a market cap of $249.35 million, a PE ratio of -556.33 and a beta of 1.43. Points.com has a twelve month low of $13.98 and a twelve month high of $19.25.

About Points.com (Get Rating)

Points.com Inc provides technology solutions to loyalty industry in the United States, Europe, and internationally. It offers Currency Retailing for its members to get more of their currency, whenever they need it; Travel Accrual for its members to book any hotel, car, or activity and earn currency; Everyday Accrual for members to earn currency on day-to-day purchases; Travel Rewards for members to redeem their currency for hotel stays and car rentals; Everyday Rewards for members to redeem their currency for more than travel; and Currency Utility for members to do so much more with currency.

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