Adesto Technologies (IOTS) Set to Announce Quarterly Earnings on Thursday

Adesto Technologies (NASDAQ:IOTS) will be posting its quarterly earnings results after the market closes on Thursday, February 21st. Analysts expect Adesto Technologies to post earnings of ($0.08) per share for the quarter.

Shares of IOTS stock opened at $5.48 on Thursday. Adesto Technologies has a 52 week low of $3.51 and a 52 week high of $10.80. The company has a market capitalization of $154.82 million, a PE ratio of -22.79, a P/E/G ratio of 11.78 and a beta of 1.78. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.44 and a quick ratio of 1.02.

A number of analysts have recently commented on the stock. Zacks Investment Research lowered shares of Adesto Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. Needham & Company LLC reiterated a “buy” rating and issued a $12.00 price target on shares of Adesto Technologies in a research note on Wednesday, January 16th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Adesto Technologies has a consensus rating of “Buy” and a consensus price target of $9.36.

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Adesto Technologies Company Profile

Adesto Technologies Corporation, together with its subsidiaries, provides application-specific semiconductors for the Internet of Things (IoT) era. Its portfolio of semiconductor and embedded technologies are optimized for connected IoT devices used in industrial, consumer, communications, and medical applications.

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Earnings History for Adesto Technologies (NASDAQ:IOTS)

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