Press coverage about Airgain (NASDAQ:AIRG) has been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Airgain earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.4865146962171 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Airgain’s (AIRG) CEO James Sims on Q2 2018 Results – Earnings Call Transcript (seekingalpha.com)
- Airgain +18.6% on Q2 beats, analyst upgrade (seekingalpha.com)
- Airgain (AIRG) Receives “Outperform” Rating from William Blair (americanbankingnews.com)
- Airgain (AIRG) Upgraded to Buy by B. Riley (americanbankingnews.com)
- Airgain beats by $0.07, beats on revenue (seekingalpha.com)
A number of analysts have weighed in on AIRG shares. Zacks Investment Research raised shares of Airgain from a “strong sell” rating to a “hold” rating in a report on Thursday, April 26th. TheStreet cut shares of Airgain from a “c” rating to a “d+” rating in a report on Wednesday. B. Riley raised shares of Airgain from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $8.50 to $13.00 in a report on Friday. ValuEngine cut shares of Airgain from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, William Blair assumed coverage on shares of Airgain in a report on Friday. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $12.67.
Shares of Airgain stock traded up $1.73 during trading on Friday, reaching $11.38. The company’s stock had a trading volume of 387,078 shares, compared to its average volume of 43,727. The stock has a market capitalization of $93.32 million, a price-to-earnings ratio of 103.45 and a beta of 2.04. Airgain has a fifty-two week low of $7.31 and a fifty-two week high of $11.50.
Airgain (NASDAQ:AIRG) last announced its earnings results on Thursday, August 9th. The technology company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.07. The business had revenue of $15.00 million for the quarter, compared to analysts’ expectations of $14.02 million. Airgain had a negative net margin of 6.48% and a negative return on equity of 7.36%. The company’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 EPS. equities analysts expect that Airgain will post -0.19 EPS for the current year.
Airgain, Inc designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; omnimax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas.
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