DASAN Zhone Solutions (NASDAQ:DZSI) will post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect DASAN Zhone Solutions to post earnings of ($0.03) per share for the quarter. DASAN Zhone Solutions has set its FY 2019 guidance at EPS and its Q3 2019 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.
DASAN Zhone Solutions (NASDAQ:DZSI) last posted its earnings results on Tuesday, August 13th. The communications equipment provider reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.19. The company had revenue of $83.66 million for the quarter, compared to analysts’ expectations of $84.41 million. DASAN Zhone Solutions had a return on equity of 8.37% and a net margin of 0.43%. On average, analysts expect DASAN Zhone Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
DASAN Zhone Solutions stock opened at $7.70 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.97 and a current ratio of 2.44. DASAN Zhone Solutions has a fifty-two week low of $6.59 and a fifty-two week high of $15.40. The stock has a market cap of $167.67 million, a price-to-earnings ratio of 38.50 and a beta of 0.24. The stock’s 50 day simple moving average is $8.24 and its two-hundred day simple moving average is $10.83.
A number of equities research analysts have recently issued reports on the stock. ValuEngine raised shares of DASAN Zhone Solutions from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Craig Hallum set a $16.00 price objective on shares of DASAN Zhone Solutions and gave the company a “buy” rating in a research report on Tuesday, October 8th. Northland Securities reissued an “outperform” rating and set a $15.50 price objective (down previously from $20.00) on shares of DASAN Zhone Solutions in a research report on Tuesday, October 8th. Finally, Zacks Investment Research downgraded shares of DASAN Zhone Solutions from a “buy” rating to a “hold” rating in a research report on Tuesday, October 15th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $16.00.
DASAN Zhone Solutions Company Profile
DASAN Zhone Solutions, Inc provides network access solutions and communications platforms for service provider and enterprise networks worldwide. It offers broadband access products, including customer premise equipment, such as digital subscriber line (DSL) modems; Ethernet access demarcation devices; and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals.
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