Quantenna Communications (NASDAQ:QTNA) is set to issue its quarterly earnings data after the market closes on Monday, February 12th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.
Quantenna Communications (NASDAQ:QTNA) last released its quarterly earnings data on Monday, November 6th. The technology company reported $0.07 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.06. Quantenna Communications had a net margin of 1.23% and a return on equity of 3.14%. On average, analysts expect Quantenna Communications to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Quantenna Communications (QTNA) opened at $13.25 on Monday. The company has a market cap of $466.68, a P/E ratio of 331.33, a P/E/G ratio of 1.21 and a beta of 3.56. Quantenna Communications has a fifty-two week low of $9.60 and a fifty-two week high of $25.45. The company has a quick ratio of 3.51, a current ratio of 4.06 and a debt-to-equity ratio of 0.01.
Several brokerages have commented on QTNA. Zacks Investment Research raised shares of Quantenna Communications from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Roth Capital cut their price target on shares of Quantenna Communications from $27.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. Needham & Company LLC cut their price target on shares of Quantenna Communications from $26.00 to $20.00 and set a “strong-buy” rating for the company in a report on Tuesday, November 7th. ValuEngine downgraded shares of Quantenna Communications from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Finally, BidaskClub downgraded shares of Quantenna Communications from a “hold” rating to a “sell” rating in a report on Saturday. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $20.00.
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Quantenna Communications Company Profile
Quantenna Communications, Inc is engaged in the design, development and marketing of wireless communication solutions enabling wireless local area networking. The Company’s solutions are designed to deliver wireless fidelity (Wi-Fi) performance to support various connected devices accessing a pool of digital content.
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