According to Zacks, “Determine, Inc. offers contract management, supply management and configuration solutions. The Company offers SmartContracts, SmartSource and SmartAnalytics. SmartContracts, a solution that streamlines contract processes from request, authoring, negotiation, approval and e-signature through ongoing obligations management, analysis, reporting and renewals; SmartSource, an enterprise scale solution to support the processes of supplier on-boarding, supplier selection and on-going supplier management; Selectica Configuration Solution, which enables enterprise organizations to create valid product and service combinations. It operates primarily in the United States, Canada, India, New Zealand, Switzerland, Germany, Hong Kong, Ireland, Norway and the United Kingdom. Determine, Inc., formerly known as Selectica, Inc., is headquartered in San Mateo, California. “
Separately, Needham & Company LLC reaffirmed a buy rating and issued a $7.00 price target on shares of Selectica in a research report on Friday, June 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Selectica has an average rating of Hold and a consensus price target of $4.58.
Shares of Selectica (NASDAQ:DTRM) opened at 1.89 on Monday. The stock’s market capitalization is $21.56 million. The stock has a 50 day moving average of $1.79 and a 200-day moving average of $1.60. Selectica has a one year low of $0.82 and a one year high of $5.79.
Selectica (NASDAQ:DTRM) last posted its quarterly earnings results on Wednesday, August 10th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.02. The firm earned $6.50 million during the quarter, compared to analyst estimates of $6.75 million. Selectica had a negative return on equity of 67.81% and a negative net margin of 50.63%. The company’s quarterly revenue was up 3.2% on a year-over-year basis. Equities analysts forecast that Selectica will post ($0.34) earnings per share for the current year.
In other Selectica news, major shareholder Lloyd I. Miller III bought 25,000 shares of the firm’s stock in a transaction on Wednesday, July 20th. The stock was acquired at an average price of $1.74 per share, with a total value of $43,500.00. Following the transaction, the insider now owns 30,780 shares in the company, valued at $53,557.20. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Lloyd I. Miller III bought 18,746 shares of the firm’s stock in a transaction on Thursday, July 21st. The stock was acquired at an average cost of $1.74 per share, with a total value of $32,618.04. Following the transaction, the insider now owns 30,780 shares in the company, valued at approximately $53,557.20. The disclosure for this purchase can be found here. 6.97% of the stock is owned by company insiders.
Selectica Company Profile
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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