NASDAQ: SCKT
Socket Mobile Inc Stock

$1.44+0.04 (+2.86%)
Updated Dec 6, 2024
SCKT Price
$1.44
Fair Value Price
N/A
Market Cap
$10.95M
52 Week Low
$0.91
52 Week High
$1.62
P/E
-6.26x
P/B
0.61x
P/S
0.48x
PEG
N/A
Dividend Yield
N/A
Revenue
$18.33M
Earnings
-$1.37M
Gross Margin
50.8%
Operating Margin
-13.79%
Profit Margin
-7.5%
Debt to Equity
0.54
Operating Cash Flow
$137k
Beta
0.67
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

SCKT Overview

Socket Mobile, Inc. provides data capture and delivery solutions in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in point of sale, commercial services, asset tracking, manufacturing process and quality control, transportation and logistics, event management, medical, and education. It provides cordless data capture devices that connect over Bluetooth and work with applications running on smartphones, mobile computers, and tablets; and software developer kits to application developers to enable them to provide their users with its advanced barcode scanning features. The company's cordless data capture devices include DuraScan 700 series, including D700 1D linear imaging scanner; D730 1D laser barcode scanner; D740, D745, D750, D755, and D760 universal barcode scanners that reads all common 1D, stacked, 2D, and postal codes; and SocketScan 800 series cordless barcode scanners, including S800, a 1D linear imaging scanner, and S840 and S860 2D scanner that are attachable to smartphones, tablets, and other mobile devices. It also provides D600 contactless RFID/Near Field Communications reader writer that can read and write various types of electronic SmartTags or transfer data with near field communication; and S550, a contactless membership card reader/writer. The company offers SocketCare services program, which provides extended warranty and accidental breakage coverage for various products. It serves retail, commercial, industrial and manufacturing, transportation and logistics, healthcare, government, travel and hospitality, education, and agriculture and farming 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 incorporated in 1992 and is headquartered in Newark, California.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine SCKT's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Value
C
Growth
B
Momentum
C
Sentiment
C
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Computer Hardware

Industry Rating
D
SCKT
Ranked
#11 of 29

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$15.91B
$98.51B
$64.92B
View Top Computer Hardware Stocks

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SCKT News

Overview

Due Diligence Score

Industry Average (30)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how SCKT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SCKT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
SCKT is good value based on its book value relative to its share price (0.61x), compared to the US Computer Hardware industry average (13.75x)
P/B vs Industry Valuation
SCKT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more SCKT due diligence checks available for Premium users.

Valuation

SCKT price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-6.26x
Industry
39.17x
Market
29.86x

SCKT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.61x
Industry
13.75x
SCKT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SCKT's financial health

Profit margin

Revenue
$3.9M
Net Income
-$1.1M
Profit Margin
-28.8%
SCKT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
SCKT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$27.7M
Liabilities
$9.8M
Debt to equity
0.54
SCKT's short-term assets ($10.34M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SCKT's short-term assets ($10.34M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SCKT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SCKT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$204.0k
Investing
-$396.6k
Financing
$989.0k
SCKT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SCKT vs Computer Hardware Stocks

TickerZen RatingMarket Cap1d %P/EP/B
SCKTC$10.95M+2.86%-6.26x0.61x
UAVSC$27.60M-12.69%-0.02x4.43x
TACTC$42.44M+3.41%-22.32x1.11x
AGMHD$44.01M+1.21%-1.05x10.18x
OSSC$56.59M+11.20%-5.47x1.85x

Socket Mobile Stock FAQ

What is Socket Mobile's quote symbol?

(NASDAQ: SCKT) Socket Mobile trades on the NASDAQ under the ticker symbol SCKT. Socket Mobile stock quotes can also be displayed as NASDAQ: SCKT.

If you're new to stock investing, here's how to buy Socket Mobile stock.

What is the 52 week high and low for Socket Mobile (NASDAQ: SCKT)?

(NASDAQ: SCKT) Socket Mobile's 52-week high was $1.62, and its 52-week low was $0.91. It is currently -11.11% from its 52-week high and 58.24% from its 52-week low.

How much is Socket Mobile stock worth today?

(NASDAQ: SCKT) Socket Mobile currently has 7,605,270 outstanding shares. With Socket Mobile stock trading at $1.44 per share, the total value of Socket Mobile stock (market capitalization) is $10.95M.

Socket Mobile stock was originally listed at a price of $6.88 in Apr 26, 1999. If you had invested in Socket Mobile stock at $6.88, your return over the last 25 years would have been -79.05%, for an annualized return of -6.06% (not including any dividends or dividend reinvestments).

How much is Socket Mobile's stock price per share?

(NASDAQ: SCKT) Socket Mobile stock price per share is $1.44 today (as of Dec 6, 2024).

What is Socket Mobile's Market Cap?

(NASDAQ: SCKT) Socket Mobile's market cap is $10.95M, as of Dec 8, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Socket Mobile's market cap is calculated by multiplying SCKT's current stock price of $1.44 by SCKT's total outstanding shares of 7,605,270.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.