Airgain (NASDAQ:AIRG - Get Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Airgain to post earnings of ($0.02) per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Airgain (NASDAQ:AIRG - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.16). The firm had revenue of $15.18 million during the quarter, compared to the consensus estimate of $15.00 million. Airgain had a negative return on equity of 29.18% and a negative net margin of 23.19%. On average, analysts expect Airgain to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Airgain Price Performance
Shares of AIRG stock traded down $0.01 during trading hours on Tuesday, hitting $9.19. 35,976 shares of the company's stock were exchanged, compared to its average volume of 31,513. Airgain has a 52 week low of $1.63 and a 52 week high of $9.75. The stock has a market cap of $103.87 million, a price-to-earnings ratio of -7.92 and a beta of 0.69. The stock's 50-day moving average is $8.30 and its 200-day moving average is $6.91.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the stock. Northland Securities raised their price objective on shares of Airgain from $7.00 to $8.00 and gave the company an "outperform" rating in a research report on Wednesday, August 7th. Craig Hallum increased their price target on shares of Airgain from $5.00 to $8.00 and gave the company a "buy" rating in a research note on Wednesday, August 7th.
Read Our Latest Report on Airgain
About Airgain
(
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Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.
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