DASAN Zhone Solutions (NASDAQ:DZSI) is scheduled to announce its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce 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.Investors interested in participating in the company’s 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 for the quarter, beating the consensus estimate of $0.07 by $0.19. The firm had revenue of $83.66 million during the quarter, compared to analyst estimates of $84.41 million. DASAN Zhone Solutions had a net margin of 0.43% and a return on equity of 8.37%. On average, analysts expect DASAN Zhone Solutions to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NASDAQ:DZSI opened at $7.70 on Monday. The firm has a market cap of $167.67 million, a price-to-earnings ratio of 38.50 and a beta of 0.24. The company has a 50 day moving average price of $8.24 and a 200-day moving average price of $10.83. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.44 and a quick ratio of 1.97. DASAN Zhone Solutions has a 1-year low of $6.59 and a 1-year high of $15.40.
Several equities research analysts recently commented on the stock. Northland Securities reissued an “outperform” rating and issued a $15.50 price target (down previously from $20.00) on shares of DASAN Zhone Solutions in a report on Tuesday, October 8th. Zacks Investment Research lowered shares of DASAN Zhone Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th. ValuEngine raised shares of DASAN Zhone Solutions from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Craig Hallum set a $16.00 price target on shares of DASAN Zhone Solutions and gave the stock a “buy” rating in a report on Tuesday, October 8th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. DASAN Zhone Solutions currently has an average rating of “Buy” and a consensus 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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