What Can We Expect From SuperCom (NASDAQ:SPCB) After H.C. Wainwright’s Latest Coverage?

March 18, 2018 - By Winifred Garcia

 What Can We Expect From SuperCom (NASDAQ:SPCB) After H.C. Wainwright's Latest Coverage?

Why Has H.C. Wainwright Given SuperCom (NASDAQ:SPCB) a $6.0 Price Target

H.C. Wainwright analyst has begun coverage on SuperCom (NASDAQ:SPCB) with a $6.0 TP and Buy rating. The TP gives a potential upside of 100.00 % from company’s last stock close.

SuperCom Ltd. (NASDAQ:SPCB) Ratings Coverage

Among 2 analysts covering Supercom (NASDAQ:SPCB), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Supercom has $6 highest and $4.0 lowest target. $5’s average target is 66.67% above currents $3 stock price. Supercom had 3 analyst reports since September 1, 2015 according to SRatingsIntel. Zacks upgraded the shares of SPCB in report on Tuesday, September 1 to “Sell” rating. The stock of SuperCom Ltd. (NASDAQ:SPCB) has “Buy” rating given on Thursday, September 14 by Cowen & Co.

It closed at $3 lastly. It is down 17.76% since March 18, 2017 and is downtrending. It has underperformed by 34.46% the S&P500.

Analysts await SuperCom Ltd. (NASDAQ:SPCB) to report earnings on May, 15. SPCB’s profit will be $1.05M for 10.71 P/E if the $0.07 EPS becomes a reality. After $0.09 actual earnings per share reported by SuperCom Ltd. for the previous quarter, Wall Street now forecasts -22.22 % negative EPS growth.

SuperCom Ltd. provides identity, machine-to-machine, cyber security device, payment, and connectivity products and solutions to governments, and private and public organizations worldwide. The company has market cap of $44.82 million. The firm offers MAGNA, a common platform for ID registries, e-passports, biometric visas, automated fingerprint identification systems, digitized driver's licenses, and electronic voter registration and election management. It currently has negative earnings. The Company’s PureRF suite is a solution based on radio-frequency identification tag technology to identify, locate, track, monitor, count, and protect people and objects.

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