DASAN Zhone Solutions Inc (NASDAQ:DZSI) has received an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price target of $20.00 for the company and are predicting that the company will post $0.13 earnings per share for the current quarter, according to Zacks. Zacks has also assigned DASAN Zhone Solutions an industry rank of 67 out of 255 based on the ratings given to related companies.
DZSI stock opened at $13.31 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. DASAN Zhone Solutions has a twelve month low of $8.63 and a twelve month high of $15.59. The firm has a market cap of $220.62 million, a price-to-earnings ratio of 190.14 and a beta of 0.63.
DASAN Zhone Solutions (NASDAQ:DZSI) last posted its quarterly earnings data on Thursday, November 8th. The communications equipment provider reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.05). DASAN Zhone Solutions had a net margin of 2.73% and a return on equity of 10.04%. The firm had revenue of $71.91 million for the quarter. As a group, analysts anticipate that DASAN Zhone Solutions will post 0.4 EPS for the current fiscal year.
Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. lifted its stake in DASAN Zhone Solutions by 130.9% in the second quarter. BlackRock Inc. now owns 464,502 shares of the communications equipment provider’s stock worth $4,534,000 after acquiring an additional 263,301 shares during the period. EAM Investors LLC bought a new position in DASAN Zhone Solutions in the third quarter worth about $853,000. Vanguard Group Inc raised its holdings in DASAN Zhone Solutions by 24.5% in the third quarter. Vanguard Group Inc now owns 180,856 shares of the communications equipment provider’s stock worth $2,566,000 after purchasing an additional 35,612 shares in the last quarter. Vanguard Group Inc. raised its holdings in DASAN Zhone Solutions by 24.5% in the third quarter. Vanguard Group Inc. now owns 180,856 shares of the communications equipment provider’s stock worth $2,566,000 after purchasing an additional 35,612 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in DASAN Zhone Solutions by 33.2% in the second quarter. Dimensional Fund Advisors LP now owns 76,471 shares of the communications equipment provider’s stock worth $746,000 after purchasing an additional 19,063 shares in the last quarter. 14.32% of the stock is owned by hedge funds and other institutional investors.
DASAN Zhone Solutions Company Profile
DASAN Zhone Solutions, Inc provides network access solutions and communications equipment 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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