Aquantia Corp (AQ) Given Average Rating of “Buy” by Analysts

Shares of Aquantia Corp (NYSE:AQ) have earned an average broker rating score of 1.50 (Buy) from the five analysts that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company.

Brokers have set a one year consensus price target of $15.20 for the company and are expecting that the company will post ($0.01) EPS for the current quarter, according to Zacks. Zacks has also assigned Aquantia an industry rank of 192 out of 265 based on the ratings given to related companies.

Several analysts have weighed in on AQ shares. Morgan Stanley started coverage on Aquantia in a research note on Tuesday, November 28th. They set an “overweight” rating and a $15.00 target price on the stock. Deutsche Bank started coverage on Aquantia in a research note on Tuesday, November 28th. They set a “buy” rating and a $15.00 target price on the stock. Needham & Company LLC started coverage on Aquantia in a research note on Tuesday, November 28th. They set a “buy” rating and a $15.00 target price on the stock. Barclays started coverage on Aquantia in a research note on Tuesday, November 28th. They set an “overweight” rating and a $14.00 target price on the stock. Finally, Raymond James Financial began coverage on Aquantia in a research note on Tuesday, November 28th. They set an “outperform” rating and a $15.00 target price on the stock.

Shares of Aquantia (AQ) traded up $0.31 during trading on Monday, reaching $13.98. The company’s stock had a trading volume of 573,333 shares, compared to its average volume of 400,929. The company has a quick ratio of 1.03, a current ratio of 1.54 and a debt-to-equity ratio of -0.02. The company has a market cap of $468.17 and a P/E ratio of -38.83. Aquantia has a 52-week low of $9.01 and a 52-week high of $17.04.

Aquantia (NYSE:AQ) last announced its earnings results on Monday, November 27th. The company reported ($0.28) earnings per share for the quarter. equities research analysts predict that Aquantia will post 0.1 earnings per share for the current year.

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Aquantia Company Profile

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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Analyst Recommendations for Aquantia (NYSE:AQ)

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