Media headlines about Westell Technologies (NASDAQ:WSTL) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Westell Technologies earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news coverage about the communications equipment provider an impact score of 46.677160509809 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
WSTL has been the subject of a number of research analyst reports. ValuEngine raised shares of Westell Technologies from a “sell” rating to a “hold” rating in a research report on Friday, June 9th. Northland Securities set a $6.00 price objective on shares of Westell Technologies and gave the stock a “buy” rating in a research report on Friday, August 11th. Finally, Zacks Investment Research raised shares of Westell Technologies from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research report on Thursday.
Westell Technologies (NASDAQ WSTL) traded down 1.38% during trading on Friday, hitting $2.85. 63,207 shares of the company were exchanged. The company has a 50-day moving average of $2.94 and a 200-day moving average of $2.90. The company’s market capitalization is $43.90 million. Westell Technologies has a 12 month low of $1.76 and a 12 month high of $3.80.
Westell Technologies (NASDAQ:WSTL) last released its quarterly earnings data on Wednesday, August 9th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.01). Westell Technologies had a negative return on equity of 1.07% and a negative net margin of 13.51%. The business had revenue of $16.57 million during the quarter, compared to analyst estimates of $15.36 million. During the same period in the previous year, the company earned ($0.06) EPS. Westell Technologies’s revenue was up 11.9% on a year-over-year basis. Analysts forecast that Westell Technologies will post $0.10 EPS for the current year.
Westell Technologies Company Profile
Westell Technologies, Inc is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Company’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG).
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