Airgain Inc (NASDAQ:AIRG) has earned a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company.
Brokers have set a 1 year consensus target price of $17.00 for the company and are predicting that the company will post ($0.01) EPS for the current quarter, according to Zacks. Zacks has also assigned Airgain an industry rank of 96 out of 265 based on the ratings given to related companies.
A number of brokerages have recently weighed in on AIRG. Wunderlich lowered Airgain from a “buy” rating to a “hold” rating and set a $14.00 price objective on the stock. in a research report on Wednesday, September 21st. Northland Securities began coverage on Airgain in a research report on Tuesday, September 6th. They issued an “outperform” rating and a $15.00 price objective on the stock.
Shares of Airgain (NASDAQ:AIRG) traded up 0.369% during mid-day trading on Tuesday, reaching $14.955. The company had a trading volume of 167,437 shares. The firm’s market capitalization is $110.16 million. The stock has a 50 day moving average price of $13.11 and a 200 day moving average price of $13.11. Airgain has a 12-month low of $9.76 and a 12-month high of $16.91.
Airgain (NASDAQ:AIRG) last issued its quarterly earnings data on Tuesday, September 20th. The company reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.16. The business earned $9.86 million during the quarter. The business’s revenue for the quarter was up 62.7% compared to the same quarter last year. On average, equities analysts forecast that Airgain will post $0.31 earnings per share for the current year.
Airgain Company Profile
Airgain, Inc is a provider of embedded antenna technologies used to enable high performance wireless networking. The Company’s operations are located primarily in the United States, and most of its assets are located in San Diego, California. It operates through a segment related to the sale of antenna products.
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