Phunware (NASDAQ:PHUN - Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.26) per share for the quarter.
Phunware (NASDAQ:PHUN - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.37) by $0.05. The company had revenue of $1.01 million during the quarter, compared to analysts' expectations of $1.14 million. During the same quarter last year, the company earned ($3.00) earnings per share. On average, analysts expect Phunware to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Phunware Price Performance
NASDAQ:PHUN traded down $0.54 during mid-day trading on Tuesday, hitting $6.37. 11,647,041 shares of the company traded hands, compared to its average volume of 3,248,737. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.82 and a current ratio of 2.82. The stock's fifty day moving average price is $5.00 and its 200-day moving average price is $5.32. Phunware has a one year low of $2.85 and a one year high of $24.49.
Analysts Set New Price Targets
A number of equities research analysts have commented on PHUN shares. Ascendiant Capital Markets decreased their target price on shares of Phunware from $22.00 to $20.00 and set a "buy" rating on the stock in a research note on Tuesday, September 3rd. HC Wainwright raised their price objective on shares of Phunware from $7.00 to $9.00 and gave the company a "buy" rating in a research report on Thursday, October 17th.
Check Out Our Latest Research Report on PHUN
Phunware Company Profile
(
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Phunware, Inc, together with its subsidiaries, provides integrated software platform that equips companies with the products, solutions, and services to engage, manage, and monetize their mobile application portfolios in the United States and internationally. The company's products and services include mobile software and application transaction solutions comprise integration of software development kit (SDK) licenses, which consists of analytics that offers data related to application use and engagement; content management that allows application administrators to create and manage app content in a cloud-based portal; alerts, notifications, and messaging, which enables brands to send messages; marketing automation that enables location-triggered messages and workflow; advertising; and location-based services, such as mapping, navigation, wayfinding, workflow, asset management, and policy enforcement.
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