Zacks: Airgain Inc (AIRG) Given $17.00 Average Target Price by Analysts
Airgain Inc (NASDAQ:AIRG) has been given a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 12-month consensus target price of $17.00 for the company, according to Zacks. Zacks has also given Airgain an industry rank of 157 out of 265 based on the ratings given to its competitors.
A number of equities research analysts have recently issued reports on the company. Wunderlich cut Airgain from a “buy” rating to a “hold” rating and set a $14.00 price objective for the company. in a report on Wednesday, September 21st. Northland Securities assumed coverage on Airgain in a report on Tuesday, September 6th. They set an “outperform” rating and a $15.00 price objective for the company.
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Airgain (NASDAQ:AIRG) traded down 4.23% during midday trading on Monday, reaching $14.02. The company had a trading volume of 66,732 shares. The firm has a 50-day moving average of $14.08 and a 200-day moving average of $13.74. The stock’s market cap is $103.27 million. Airgain has a 12 month low of $9.76 and a 12 month high of $16.94.
Airgain (NASDAQ:AIRG) last issued its quarterly earnings data on Tuesday, September 20th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.16. The firm had revenue of $9.86 million for the quarter. Airgain’s revenue was up 62.7% on a year-over-year basis. On average, equities analysts expect that Airgain will post $0.31 EPS for the current fiscal year.
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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