Equities research analysts forecast that Netlist, Inc. (NASDAQ:NLST) will announce earnings per share (EPS) of ($0.04) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Netlist’s earnings. The lowest EPS estimate is ($0.04) and the highest is ($0.03). Netlist posted earnings of ($0.05) per share in the same quarter last year, which would suggest a positive year over year growth rate of 20%. The firm is expected to report its next earnings report on Wednesday, April 4th.
According to Zacks, analysts expect that Netlist will report full-year earnings of ($0.20) per share for the current year, with EPS estimates ranging from ($0.20) to ($0.19). For the next financial year, analysts forecast that the firm will report earnings of ($0.11) per share, with EPS estimates ranging from ($0.12) to ($0.09). Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Netlist.
A number of research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Netlist from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. ValuEngine raised shares of Netlist from a “strong sell” rating to a “sell” rating in a research report on Friday, February 2nd.
Netlist (NASDAQ NLST) opened at $0.29 on Thursday. Netlist has a 12-month low of $0.25 and a 12-month high of $1.40. The company has a market cap of $19.73, a PE ratio of -1.30 and a beta of -1.37. The company has a debt-to-equity ratio of -2.78, a current ratio of 1.78 and a quick ratio of 1.39.
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Netlist Company Profile
Netlist, Inc designs, manufactures and sells a range of memory subsystems for datacenter, data storage and computing markets. The Company operates in the segment of design and manufacture of memory subsystems for the server, computing and communications markets. The Company’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND flash), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs).
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