Spok (SPOK) Scheduled to Post Quarterly Earnings on Wednesday

Spok (NASDAQ:SPOK) will issue its quarterly earnings data after the market closes on Wednesday, October 30th. Analysts expect Spok to post earnings of $0.16 per share for the quarter.

Spok (NASDAQ:SPOK) last announced its quarterly earnings data on Wednesday, July 24th. The Wireless communications provider reported $0.17 earnings per share for the quarter. The firm had revenue of $33.98 million during the quarter. Spok had a net margin of 11.19% and a return on equity of 9.56%. On average, analysts expect Spok to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Spok Stock Up 0.5 %

Spok stock opened at $14.87 on Thursday. The company’s 50 day moving average is $14.94 and its two-hundred day moving average is $15.07. The firm has a market cap of $301.27 million, a PE ratio of 19.31 and a beta of 0.33. Spok has a 52-week low of $13.24 and a 52-week high of $18.14.

Insider Activity

In related news, CEO Vincent D. Kelly sold 45,000 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $14.83, for a total transaction of $667,350.00. Following the transaction, the chief executive officer now owns 201,645 shares of the company’s stock, valued at $2,990,395.35. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, COO Michael W. Wallace sold 25,000 shares of Spok stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $14.80, for a total transaction of $370,000.00. Following the completion of the transaction, the chief operating officer now owns 49,465 shares of the company’s stock, valued at $732,082. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Vincent D. Kelly sold 45,000 shares of Spok stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $14.83, for a total transaction of $667,350.00. Following the transaction, the chief executive officer now owns 201,645 shares of the company’s stock, valued at approximately $2,990,395.35. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 10.51% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on SPOK shares. B. Riley started coverage on shares of Spok in a research report on Thursday, September 26th. They set a “neutral” rating and a $15.00 price objective for the company. StockNews.com lowered Spok from a “buy” rating to a “hold” rating in a report on Thursday, September 26th.

Spok Company Profile

Spok Holdings, Inc, through its subsidiary, Spok, Inc, provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East. The company's products and services enhance workflows for clinicians and support administrative compliance. It delivers clinical information to care teams when and where it matters to enhance patient outcomes; and provides GenA Pager, a one-way alphanumeric pager.