Shares of DASAN Zhone Solutions Inc (NASDAQ:DZSI) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Brokers have set a twelve-month consensus target price of $20.00 for the company and are predicting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also assigned DASAN Zhone Solutions an industry rank of 223 out of 255 based on the ratings given to related companies.
A number of research firms recently issued reports on DZSI. ValuEngine upgraded DASAN Zhone Solutions from a “hold” rating to a “buy” rating in a research report on Wednesday, March 20th. Northland Securities restated a “buy” rating and set a $20.00 price objective on shares of DASAN Zhone Solutions in a research report on Friday, March 1st.
NASDAQ:DZSI traded down $0.07 during midday trading on Wednesday, reaching $10.44. 5,186 shares of the company traded hands, compared to its average volume of 20,021. DASAN Zhone Solutions has a twelve month low of $9.10 and a twelve month high of $15.59. The firm has a market capitalization of $170.52 million, a P/E ratio of 52.20 and a beta of 0.65. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.81 and a quick ratio of 1.44.
About DASAN Zhone Solutions
DASAN Zhone Solutions, Inc provides network access solutions and communications platforms 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.
Featured Article: Yield Curve
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for DASAN Zhone Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DASAN Zhone Solutions and related companies with MarketBeat.com's FREE daily email newsletter.