Brokerages predict that Aquantia Corp (NYSE:AQ) will report $27.10 million in sales for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Aquantia’s earnings. The highest sales estimate is $27.15 million and the lowest is $27.04 million. The firm is scheduled to announce its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Aquantia will report full-year sales of $27.10 million for the current financial year, with estimates ranging from $102.56 million to $102.81 million. For the next year, analysts forecast that the company will report sales of $126.72 million per share, with estimates ranging from $124.03 million to $128.17 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that that provide coverage for Aquantia.

AQ has been the topic of several research analyst reports. Needham & Company LLC initiated coverage on Aquantia in a research note on Tuesday, November 28th. They set a “buy” rating and a $15.00 price target on the stock. Raymond James Financial initiated coverage on Aquantia in a research note on Tuesday, November 28th. They set an “outperform” rating and a $15.00 price target on the stock. Morgan Stanley initiated coverage on Aquantia in a research note on Tuesday, November 28th. They set an “overweight” rating and a $15.00 price target on the stock. Barclays initiated coverage on Aquantia in a research note on Tuesday, November 28th. They set an “overweight” rating and a $14.00 price target on the stock. Finally, Deutsche Bank initiated coverage on Aquantia in a research note on Tuesday, November 28th. They set a “buy” rating and a $15.00 price target on the stock. Five analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of $14.80.

Aquantia (AQ) opened at $10.97 on Friday. The company has a debt-to-equity ratio of -0.02, a quick ratio of 1.03 and a current ratio of 1.54. The firm has a market capitalization of $365.53 and a price-to-earnings ratio of -35.39. Aquantia has a one year low of $9.01 and a one year high of $13.80.

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About Aquantia

Aquantia Corp is engaged in developing and supplying connectivity solutions for data centers, enterprise and wireless local area network (WLAN) applications. The Company offers 10 gigabyte Ethernet and Multi-Gig Ethernet Silicon product for data center and cloud, and the enterprise and WLAN markets. For data center and cloud market, it offers 10GBASE-T PHYs product line, which includes 28 nanometer technology products, such as AQ2402, AQ2403, AQ2203 and AQ2104; 40 nanometer technology products, such as AQ1402, AQ1202 and AQ1103, and 90 nanometer technology product, AQ1002.

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