Airgain Inc (AIRG) Stock Rating Lowered by Wunderlich
Airgain Inc (NASDAQ:AIRG) was downgraded by Wunderlich from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday. They presently have a $14.00 price objective on the stock. Wunderlich’s price objective would suggest a potential downside of 13.15% from the stock’s previous close.
Separately, Northland Securities assumed coverage on shares of Airgain in a research note on Tuesday, September 6th. They set an “outperform” rating and a $15.00 target price for the company.
Airgain (NASDAQ:AIRG) opened at 16.12 on Wednesday. Airgain has a 52 week low of $9.76 and a 52 week high of $16.91. The stock’s 50 day moving average is $12.65 and its 200-day moving average is $12.65. The stock’s market capitalization is $116.66 million.
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Airgain (NASDAQ:AIRG) last posted its earnings results on Tuesday, September 20th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.16. The firm had revenue of $9.86 million for the quarter. The firm’s revenue for the quarter was up 62.7% compared to the same quarter last year. Equities research analysts forecast that Airgain will post $0.27 EPS for the current year.
Airgain Company Profile
Airgain, Inc is a provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s operations are located primarily in the United States, and most of its assets are located in San Diego, California. It operates through a segment related to the sale of antenna products.
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