Shares of Westell Technologies Inc. (NASDAQ:WSTL) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus price target of $5.00 for the company and are anticipating that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also assigned Westell Technologies an industry rank of 117 out of 255 based on the ratings given to its competitors.
Separately, TheStreet upgraded shares of Westell Technologies from a “d” rating to a “c-” rating in a research report on Thursday, August 2nd.
NASDAQ:WSTL opened at $2.66 on Monday. Westell Technologies has a twelve month low of $2.50 and a twelve month high of $4.60. The stock has a market cap of $41.54 million, a PE ratio of 13.30 and a beta of 1.62.
Westell Technologies (NASDAQ:WSTL) last posted its quarterly earnings data on Thursday, August 2nd. The communications equipment provider reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.02). Westell Technologies had a net margin of 1.02% and a return on equity of 7.09%. The business had revenue of $13.04 million for the quarter, compared to the consensus estimate of $15.00 million. sell-side analysts expect that Westell Technologies will post 0.18 earnings per share for the current year.
Westell Technologies Company Profile
Westell Technologies, Inc, through its subsidiary, Westell, Inc, designs and distributes telecommunications products to telephone companies in the United States. The company operates through three segments: In-Building Wireless (IBW), Intelligent Site Management and Services (ISMS), and Communications Network Solutions (CNS).
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