Litchfield Hills Research Forecasts iQSTEL Q4 Earnings

iQSTEL Inc. (NASDAQ:IQST) – Equities research analysts at Litchfield Hills Research lowered their Q4 2027 EPS estimates for shares of iQSTEL in a report released on Monday, April 20th. Litchfield Hills Research analyst B. Sine now expects that the company will post earnings per share of $0.03 for the quarter, down from their prior forecast of $0.04. The consensus estimate for iQSTEL’s current full-year earnings is ($0.49) per share.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of iQSTEL in a research report on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $18.00.

iQSTEL Price Performance

Shares of NASDAQ:IQST opened at $1.52 on Wednesday. The company has a market capitalization of $7.71 million and a price-to-earnings ratio of -0.80. The firm’s 50 day simple moving average is $1.85 and its 200 day simple moving average is $3.30. iQSTEL has a fifty-two week low of $1.48 and a fifty-two week high of $18.68.

Institutional Trading of iQSTEL

Hedge funds have recently bought and sold shares of the stock. DRW Securities LLC raised its holdings in iQSTEL by 74.2% during the 4th quarter. DRW Securities LLC now owns 32,001 shares of the company’s stock worth $93,000 after buying an additional 13,628 shares during the period. Cetera Investment Advisers acquired a new stake in iQSTEL during the 2nd quarter worth approximately $148,000. Finally, Geode Capital Management LLC acquired a new stake in iQSTEL during the 2nd quarter worth approximately $288,000.

About iQSTEL

iQSTEL, Inc (NASDAQ: IQST) is a U.S.-based telecommunications company that operates a global connectivity platform for voice, data and messaging services. The company leverages cloud-native infrastructure to deliver international roaming solutions, prepaid mobile top-up services and eSIM provisioning. Its technology enables seamless wireless communications for both individual subscribers and business clients across a broad network of partner carriers.

The company’s core offerings include instant airtime reloads, cross-border mobile voice and data plans, machine-to-machine (M2M) connectivity and Internet of Things (IoT) solutions.