Shares of DASAN Zhone Solutions, Inc. (NASDAQ:DZSI) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokerages have set a twelve-month consensus price target of $10.00 for the company and are predicting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given DASAN Zhone Solutions an industry rank of 25 out of 265 based on the ratings given to related companies.
Several research firms have recently weighed in on DZSI. Zacks Investment Research upgraded DASAN Zhone Solutions from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Friday, November 17th. ValuEngine downgraded DASAN Zhone Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th.
DASAN Zhone Solutions (NASDAQ:DZSI) opened at $8.29 on Friday. DASAN Zhone Solutions has a 1 year low of $4.25 and a 1 year high of $8.76. The company has a current ratio of 1.80, a quick ratio of 1.36 and a debt-to-equity ratio of 0.08.
About DASAN Zhone Solutions
DASAN Zhone Solutions, Inc, formerly Zhone Technologies, Inc, designs, develops and manufactures communications network equipment for telecommunications operators and enterprises across the world. The Company’s products provide enterprise solutions that enable both network service providers and enterprises to deliver high speed fiber access, while transporting voice, video and data to the end user.
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