Socket Mobile (SCKT) Stock Price, News & Analysis

Company Overview

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. Its products and solutions are integrated into mobile applications for applications in the areas of point of sale, commercial services, asset tracking, manufacturing and quality control processes, transportation and logistics, event management, medical, and education. The company also offers cordless data capture devices that connect through Bluetooth and work with applications running on smartphones, mobile computers, and tablets; SocketScan and DuraScan 700 series, companion scanners and 800 series, attachable scanners, and wearables; and DuraSled, a barcode scanning sled that protects phones from impact damage and provides charging solutions. In addition, it offers D600, a handheld model to reads and writes various types of electronic SmartTags and transfers data with near-field communication (NFC); S550, a contactless membership card reader/writer; and S370 product that supports barcode scanning, and NFC reading and writing technologies. Further, the company provides SocketCam C820 and C860, which are camera-based barcode scanners; software developer kits, such as CaptureSDK that enables the App providers to modify captured data, control the placement of the barcoded or RFID data in their applications, and control the feedback to the user. It serves retail, commercial services, industrial and manufacturing, transportation and logistics, and healthcare industries through a network of distributors, online resellers, and application providers, as well as online stores. The company was formerly known as Socket Communications, Inc. and changed its name to Socket Mobile, Inc. in April 2008. Socket Mobile, Inc. was founded in 1992 and is headquartered in Fremont, California.

Key Stats

• Today's Range: $1.13 to $1.16
• 50-Day Range: $1.11 to $1.62
• 52-Week Range: $0.91 to $1.72
• Volume: 8,225 shs
• Average Volume: 18,544 shs
• Market Capitalization: $8.59 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Socket Mobile Stock Analysis - MarketRank™

Socket Mobile scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Socket Mobile.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Socket Mobile is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Socket Mobile is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Socket Mobile has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.18% of the float of Socket Mobile has been sold short.

Short Interest Ratio / Days to Cover

Socket Mobile has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Socket Mobile has recently increased by 95.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Socket Mobile does not currently pay a dividend.

Dividend Growth

Socket Mobile does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.18% of the float of Socket Mobile has been sold short.

Short Interest Ratio / Days to Cover

Socket Mobile has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Socket Mobile has recently increased by 95.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.44

News Sentiment

Socket Mobile has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Socket Mobile this week, compared to 0 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Socket Mobile insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,130.00 in company stock.

Percentage Held by Insiders

37.70% of the stock of Socket Mobile is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.76% of the stock of Socket Mobile is held by institutions.

SCKT Stock Analysis - Frequently Asked Questions

How have SCKT shares performed this year?

Socket Mobile's stock was trading at $1.33 at the start of the year. Since then, SCKT stock has decreased by 13.9% and is now trading at $1.1450.
View the best growth stocks for 2025 here.

How were Socket Mobile's earnings last quarter?

Socket Mobile, Inc. (NASDAQ:SCKT) posted its earnings results on Thursday, October, 24th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $3.87 million for the quarter. Socket Mobile had a negative trailing twelve-month return on equity of 7.26% and a negative net margin of 7.46%.

Who are Socket Mobile's major shareholders?

Top institutional shareholders of Socket Mobile include AMH Equity Ltd (1.53%) and Renaissance Technologies LLC (0.59%). Insiders that own company stock include Kevin J Mills, William L Parnell Jr and Charlie Bass.
View institutional ownership trends.

How do I buy shares of Socket Mobile?

Shares of SCKT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Socket Mobile own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Socket Mobile investors own include NVIDIA (NVDA), Ocugen (OCGN), Tesla (TSLA), AT&T (T), Meta Platforms (META), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 3/28/2025
• Next Earnings (Estimated): 4/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Electronic computers
• Sub-Industry: Computer Hardware
• Current Symbol: NASDAQ:SCKT
• CIK: 944075
• Web: www.socketmobile.com
• Phone: (510) 933-3000
• Fax: 510-933-3030
• Employees: 50
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,920,000.00
• Net Margins: -7.46%
• Pretax Margin: -15.43%
• Return on Equity: -7.26%
• Return on Assets: -4.84%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.41
• Quick Ratio: 0.70

Sales & Book Value

• Annual Sales: $18.76 million
• Price / Sales: 0.47
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.65 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 7,605,000
• Free Float: 4,738,000
• Market Cap: $8.78 million
• Optionable: Not Optionable
• Beta: 1.03