Netlist (OTCMKTS:NLST - Get Free Report) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a research note issued to investors on Wednesday.
Separately, Roth Mkm decreased their price target on shares of Netlist from $4.00 to $2.00 and set a "buy" rating for the company in a report on Wednesday, October 30th.
Read Our Latest Research Report on Netlist
Netlist Stock Performance
Shares of OTCMKTS:NLST traded down $0.04 on Wednesday, hitting $0.69. The company's stock had a trading volume of 1,258,506 shares, compared to its average volume of 588,824. The stock's 50-day moving average is $0.95 and its two-hundred day moving average is $1.13. The company has a market capitalization of $187.67 million, a price-to-earnings ratio of -3.14 and a beta of 1.11. Netlist has a 12 month low of $0.68 and a 12 month high of $2.97.
Netlist (OTCMKTS:NLST - Get Free Report) last released its earnings results on Tuesday, October 29th. The semiconductor company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. Netlist had a negative net margin of 37.19% and a negative return on equity of 852.20%. The business had revenue of $40.19 million for the quarter, compared to the consensus estimate of $38.00 million. Equities analysts expect that Netlist will post -0.17 earnings per share for the current fiscal year.
Netlist Company Profile
(
Get Free Report)
Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.
Featured Stories
Before you consider Netlist, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Netlist wasn't on the list.
While Netlist currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
