Westell Technologies (WSTL) Receives Media Sentiment Score of 0.22

News coverage about Westell Technologies (NASDAQ:WSTL) has trended somewhat positive recently, Accern reports. Accern 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 negative one to positive one, with scores nearest to one being the most favorable. Westell Technologies earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news articles about the communications equipment provider an impact score of 45.8486314819004 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several research analysts recently commented on the stock. Northland Securities set a $6.00 price objective on shares of Westell Technologies and gave the stock a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded 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 note on Thursday, October 5th.

Westell Technologies (NASDAQ WSTL) traded down $0.07 during midday trading on Tuesday, hitting $4.11. 133,100 shares of the company traded hands, compared to its average volume of 48,328. The company has a market cap of $64.08, a price-to-earnings ratio of 26.13 and a beta of 1.77. Westell Technologies has a 1 year low of $2.16 and a 1 year high of $4.60.

Westell Technologies (NASDAQ:WSTL) last posted its quarterly earnings data on Wednesday, November 1st. The communications equipment provider reported $0.11 EPS for the quarter, topping the consensus estimate of $0.02 by $0.09. The firm had revenue of $17.23 million during the quarter, compared to analyst estimates of $16.74 million. Westell Technologies had a negative net margin of 3.45% and a positive return on equity of 4.84%. Westell Technologies’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) EPS. analysts expect that Westell Technologies will post 0.23 EPS for the current fiscal year.

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About Westell Technologies

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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