Genasys Q2 EPS Reduced by Ascendiant Capital Markets

Genasys Inc. (NASDAQ:GNSS) – Research analysts at Ascendiant Capital Markets cut their Q2 2027 earnings estimates for Genasys in a research report issued to clients and investors on Sunday, May 31st. Ascendiant Capital Markets analyst E. Woo now anticipates that the company will earn $0.01 per share for the quarter, down from their previous estimate of $0.02. Ascendiant Capital Markets currently has a “Buy” rating and a $6.00 target price on the stock. The consensus estimate for Genasys’ current full-year earnings is $0.04 per share. Ascendiant Capital Markets also issued estimates for Genasys’ Q3 2027 earnings at $0.04 EPS and Q4 2027 earnings at $0.01 EPS.

Genasys (NASDAQ:GNSS) last released its earnings results on Thursday, May 14th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.05. The firm had revenue of $15.51 million for the quarter, compared to analysts’ expectations of $15.20 million. Genasys had a negative net margin of 13.44% and a negative return on equity of 314.53%.

Several other equities analysts have also recently commented on GNSS. Lake Street Capital initiated coverage on shares of Genasys in a research note on Friday, March 13th. They set a “buy” rating and a $4.00 target price on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Genasys in a research note on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.00.

Genasys Stock Performance

Genasys stock opened at $1.88 on Monday. The stock has a market cap of $85.62 million, a price-to-earnings ratio of -11.06 and a beta of 0.70. The company’s 50-day moving average price is $1.91 and its two-hundred day moving average price is $2.01. Genasys has a 52 week low of $1.40 and a 52 week high of $2.70.

Hedge Funds Weigh In On Genasys

Several large investors have recently bought and sold shares of the stock. Aristides Capital LLC boosted its position in shares of Genasys by 8.8% during the 1st quarter. Aristides Capital LLC now owns 122,655 shares of the company’s stock valued at $223,000 after purchasing an additional 9,900 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Genasys by 398.4% during the 4th quarter. Marshall Wace LLP now owns 63,961 shares of the company’s stock valued at $138,000 after purchasing an additional 51,127 shares in the last quarter. HRT Financial LP bought a new position in shares of Genasys during the 4th quarter valued at about $79,000. Goldman Sachs Group Inc. boosted its position in shares of Genasys by 36.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 119,815 shares of the company’s stock valued at $257,000 after purchasing an additional 31,750 shares in the last quarter. Finally, Prospera Financial Services Inc boosted its position in shares of Genasys by 17.1% during the 4th quarter. Prospera Financial Services Inc now owns 288,150 shares of the company’s stock valued at $618,000 after purchasing an additional 42,000 shares in the last quarter. Institutional investors and hedge funds own 40.04% of the company’s stock.

About Genasys

Genasys, Inc (NASDAQ: GNSS) specializes in mission-critical communications and emergency mass notification solutions designed to keep organizations and communities connected during high-stress events. The company’s core offerings include a multi-channel alerting platform that integrates SMS, email, voice, sirens, public address systems and social media outlets. By combining hardware and cloud-based software, Genasys delivers robust, scalable systems that can push targeted warnings and status updates to millions of recipients in seconds.

In addition to its flagship Smart Mass Notification System, Genasys provides hardened private LTE networks, satellite communications terminals and interoperable radio systems tailored for government agencies, defense customers, utilities, energy producers and remote industrial operations.