DragonWave, Inc.(USA) Company Profile (NASDAQ:DRWI)

About DragonWave, Inc.(USA) (NASDAQ:DRWI)

DragonWave, Inc.(USA) logoDragonWave Inc (DragonWave) is a provider of packet microwave solutions for Internet protocol (IP) networks. The Company operates through broadband wireless backhaul equipment segment. The principal application of DragonWave's products is mobile network backhaul. Additional applications include leased line replacement, last mile fiber extension and enterprise networks. The Company's product lines include Harmony, Horizon, Avenue and NetViewer. The Harmony product line is a multi-service wireless platform enabling time division multiplexing (TDM) and packet-based services across wireless or wireline infrastructure. The Company's Horizon product family is an Ethernet microwave portfolio and consists of Horizon Compact+ and Horizon Quantum. Its NetViewer is a multi-service, multi-product network management platform. The NetViewer enables provisioning, management, monitoring and configuration across the line of products in a single graphical user interface (GUI)-based system.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Communication Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:DRWI
  • CUSIP: N/A
  • Web: www.dragonwaveinc.com
Capitalization:
  • Market Cap: $6.17 million
  • Outstanding Shares: 6,104,000
Average Prices:
  • 50 Day Moving Avg: $1.17
  • 200 Day Moving Avg: $1.91
  • 52 Week Range: $0.86 - $6.83
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.06
  • P/E Growth: -0.03
Sales & Book Value:
  • Annual Revenue: $48.01 million
  • Price / Sales: 0.13
  • Book Value: ($0.29) per share
  • Price / Book: -3.48
Profitability:
  • EBIDTA: ($17,450,000.00)
  • Net Margins: -44.35%
  • Return on Equity: -911.00%
  • Return on Assets: -43.00%
Debt:
  • Current Ratio: 1.01%
  • Quick Ratio: 0.48%
Misc:
  • Average Volume: 356,077 shs.
  • Beta: 1.53
  • Short Ratio: 0.39
 

Frequently Asked Questions for DragonWave, Inc.(USA) (NASDAQ:DRWI)

What is DragonWave, Inc.(USA)'s stock symbol?

DragonWave, Inc.(USA) trades on the NASDAQ under the ticker symbol "DRWI."

How were DragonWave, Inc.(USA)'s earnings last quarter?

DragonWave, Inc.(USA) (NASDAQ:DRWI) released its earnings results on Wednesday, July, 13th. The company reported ($1.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.85) by $0.38. The business had revenue of $12.55 million for the quarter, compared to analyst estimates of $13.20 million. DragonWave, Inc.(USA) had a negative net margin of 44.35% and a negative return on equity of 911.00%. View DragonWave, Inc.(USA)'s Earnings History.

Where is DragonWave, Inc.(USA)'s stock going? Where will DragonWave, Inc.(USA)'s stock price be in 2017?

3 brokers have issued 12-month price targets for DragonWave, Inc.(USA)'s stock. Their forecasts range from $1.70 to $4.00. On average, they expect DragonWave, Inc.(USA)'s stock price to reach $3.18 in the next twelve months. View Analyst Ratings for DragonWave, Inc.(USA).

Are investors shorting DragonWave, Inc.(USA)?

DragonWave, Inc.(USA) saw a increase in short interest in April. As of April 28th, there was short interest totalling 383,214 shares, an increase of 2.6% from the April 13th total of 373,352 shares. Based on an average daily volume of 83,284 shares, the short-interest ratio is presently 4.6 days.

Who are some of DragonWave, Inc.(USA)'s key competitors?

Who owns DragonWave, Inc.(USA) stock?

DragonWave, Inc.(USA)'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include SABBY MANAGEMENT, LLC (7.04%), Sabby Management LLC (7.65%), CIBC World Markets Inc. (1.91%) and Renaissance Technologies LLC (1.50%). View Institutional Ownership Trends for DragonWave, Inc.(USA).

Who sold DragonWave, Inc.(USA) stock? Who is selling DragonWave, Inc.(USA) stock?

DragonWave, Inc.(USA)'s stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and CIBC World Markets Inc.. View Insider Buying and Selling for DragonWave, Inc.(USA).

Who bought DragonWave, Inc.(USA) stock? Who is buying DragonWave, Inc.(USA) stock?

DragonWave, Inc.(USA)'s stock was acquired by a variety of institutional investors in the last quarter, including Sabby Management LLC. View Insider Buying and Selling for DragonWave, Inc.(USA).

How do I buy DragonWave, Inc.(USA) stock?

Shares of DragonWave, Inc.(USA) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of DragonWave, Inc.(USA) stock cost?

One share of DragonWave, Inc.(USA) stock can currently be purchased for approximately $1.01.

Analyst Ratings

Consensus Ratings for DragonWave, Inc.(USA) (NASDAQ:DRWI) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $3.18 (214.36% upside)

Analysts' Ratings History for DragonWave, Inc.(USA) (NASDAQ:DRWI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/3/2017HC WainwrightReiterated RatingBuy$4.00LowView Rating Details
4/3/2017Rodman & RenshawReiterated RatingBuy$4.00MediumView Rating Details
3/15/2017S&P Equity ResearchBoost Price Target$1.50 -> $1.70LowView Rating Details
10/20/2016DesjardinsUpgradeSell -> HoldN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for DragonWave, Inc.(USA) (NASDAQ:DRWI)
Earnings by Quarter for DragonWave, Inc.(USA) (NASDAQ:DRWI)
Earnings History by Quarter for DragonWave, Inc.(USA) (NASDAQ:DRWI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/11/2017Q317($0.34)($0.72)$16.30 million$10.19 millionViewN/AView Earnings Details
10/12/2016Q217($0.95)($0.96)$14.25 million$13.23 millionViewN/AView Earnings Details
7/13/2016Q117($0.85)($1.23)$13.20 million$12.55 millionViewN/AView Earnings Details
5/18/2016Q416($0.50)($3.02)$12.00 millionViewN/AView Earnings Details
10/14/2015Q216($0.04)($0.10)$38.15 million$26.90 millionViewN/AView Earnings Details
7/8/2015Q116($0.07)($0.08)$27.00 million$26.34 millionViewN/AView Earnings Details
5/12/2015Q415($0.05)($0.03)$42.10 million$43.70 millionViewN/AView Earnings Details
1/13/2015Q315($0.05)($0.05)$47.53 million$47.32 millionViewN/AView Earnings Details
10/8/2014Q215($0.08)($0.14)$37.90 millionViewN/AView Earnings Details
7/9/2014Q1 15($0.13)($0.11)$27.20 million$28.80 millionViewN/AView Earnings Details
5/14/2014Q414($0.14)($0.20)$28.17 million$17.90 millionViewN/AView Earnings Details
1/13/2014Q314($0.25)($0.12)$28.44 million$22.20 millionViewN/AView Earnings Details
10/9/2013Q114($0.24)($0.28)$28.42 million$28.80 millionViewN/AView Earnings Details
7/10/2013($0.35)($0.17)$29.33 million$24.53 millionViewN/AView Earnings Details
5/8/2013Q413($0.34)($0.71)$31.88 million$28.29 millionViewN/AView Earnings Details
1/9/2013Q313($0.31)($0.36)$41.83 million$38.50 millionViewN/AView Earnings Details
10/10/2012Q213($0.29)($0.03)$40.85 million$44.20 millionViewN/AView Earnings Details
7/11/2012($0.27)($0.35)ViewN/AView Earnings Details
5/3/2012($0.25)($0.38)ViewN/AView Earnings Details
1/11/2012($0.19)($0.23)ViewN/AView Earnings Details
10/5/2011($0.20)($0.23)ViewN/AView Earnings Details
7/6/2011($0.20)($0.28)ViewN/AView Earnings Details
5/5/2011($0.16)($0.25)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DragonWave, Inc.(USA) (NASDAQ:DRWI)
2017 EPS Consensus Estimate: ($3.51)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.85)($0.85)($0.85)
Q2 20171($0.87)($0.87)($0.87)
Q3 20171($1.05)($1.05)($1.05)
Q4 20171($0.74)($0.74)($0.74)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for DragonWave, Inc.(USA) (NASDAQ:DRWI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for DragonWave, Inc.(USA) (NASDAQ:DRWI)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for DragonWave, Inc.(USA) (NASDAQ:DRWI)
Latest Headlines for DragonWave, Inc.(USA) (NASDAQ:DRWI)
Source:
DateHeadline
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Expected to Post Quarterly Sales of $12.05 Million
www.americanbankingnews.com - May 17 at 12:48 PM
americanbankingnews.com logoZacks: Analysts Expect DragonWave, Inc.(USA) (DRWI) to Post -$0.68 Earnings Per Share
www.americanbankingnews.com - May 15 at 10:00 AM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Short Interest Update
www.americanbankingnews.com - May 11 at 8:38 AM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 9 at 8:34 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 9 at 12:04 AM
finance.yahoo.com logoDragonWave Inc. to Announce Fourth Quarter and Full Fiscal Year 2017 Results on May 26, 2017
finance.yahoo.com - May 4 at 10:00 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Getting Favorable News Coverage, Study Finds
www.americanbankingnews.com - May 4 at 1:08 AM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Expected to Announce Quarterly Sales of $12.05 Million
www.americanbankingnews.com - April 26 at 12:41 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Given Daily Media Sentiment Rating of 0.07
www.americanbankingnews.com - April 25 at 7:37 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Expected to Announce Earnings of -$0.68 Per Share
www.americanbankingnews.com - April 24 at 12:47 PM
finance.yahoo.com logoDragonWave Announces Receipt of NASDAQ Staff Determination; Company to Request Hearing
finance.yahoo.com - April 22 at 9:10 AM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Given Daily Coverage Optimism Score of 0.14
www.americanbankingnews.com - April 21 at 6:46 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - April 5 at 9:13 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Given a $4.00 Price Target at HC Wainwright
www.americanbankingnews.com - April 3 at 1:55 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Earns "Buy" Rating from Rodman & Renshaw
www.americanbankingnews.com - April 3 at 10:56 AM
us.rd.yahoo.com logoKnoxville Utilities Board Selects DragonWave Harmony Enhanced MC for Smart Grid Modernization Project
us.rd.yahoo.com - March 28 at 9:31 PM
us.rd.yahoo.com logoCCI Wireless Selects DragonWave Harmony Enhanced MC for Network Upgrade
us.rd.yahoo.com - March 22 at 9:57 PM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) PT Raised to $1.70 at S&P Equity Research
www.americanbankingnews.com - March 21 at 11:55 AM
americanbankingnews.com logoDragonWave, Inc.(USA) (DRWI) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 20 at 11:07 PM
marketwatch.com logoDragonWave Inc. - MarketWatch
www.marketwatch.com - March 17 at 5:07 PM
us.rd.yahoo.com logoDragonWave Inc. Announces $1.79 Million Registered Offering
us.rd.yahoo.com - March 16 at 3:15 AM
seekingalpha.com logoDragonWave rises double digits on Australia distribution pact - Seeking Alpha
seekingalpha.com - March 15 at 5:13 PM
benzinga.com logoMid-Day Market Update: Crude Oil Down 1.5%; DragonWave Shares Spike Higher - Benzinga
www.benzinga.com - March 15 at 5:13 PM
benzinga.com logoMid-Day Market Update: FTD Companies Drops After Q4 Results; Cesca Therapeutics Shares Surge - Benzinga
www.benzinga.com - March 15 at 5:13 PM
investorplace.com logoWhy DragonWave, Inc.(USA) (DRWI) Stock Is Skyrocketing Today - Investorplace.com
investorplace.com - March 15 at 5:13 PM
investorplace.com logoWhy DragonWave, Inc.(USA) (DRWI) Stock Is Skyrocketing Today
investorplace.com - March 14 at 1:25 PM
nasdaq.com logoMid-Morning Market Update: Markets Open Lower; DSW Earnings Beat Views
www.nasdaq.com - March 14 at 1:01 PM
benzinga.com logoMid-Day Market Update: Crude Oil Down 1.5%; DragonWave Shares Spike Higher
www.benzinga.com - March 14 at 1:01 PM
streetinsider.com logoDragonWave (DRWI) Says There are 7.3M Shares Outstanding Following Exercise of Warrants
www.streetinsider.com - February 9 at 10:24 PM
finance.yahoo.com logoDragonWave Provides Updated Number of Shares Outstanding
finance.yahoo.com - February 9 at 5:22 PM
streetinsider.com logoDragonWave (DRWI) Presents Updated Operating Plan to Credit Facility Partners - StreetInsider.com
www.streetinsider.com - February 3 at 5:10 PM
seekingalpha.com logoDragonWave offers financiers plan to slash expenses 30% - Seeking Alpha
seekingalpha.com - February 3 at 5:10 PM
finance.yahoo.com logo5:03 pm DragonWave presents cost reduction plan to financing partners that reduces operating costs by 30%
finance.yahoo.com - February 2 at 3:24 AM
streetinsider.com logoDragonWave (DRWI) Presents Updated Operating Plan to Credit Facility Partners
www.streetinsider.com - February 1 at 10:23 PM
finance.yahoo.com logoDragonWave presents cost reduction plan to financing partners
finance.yahoo.com - February 1 at 5:22 PM
nasdaq.com logoMid-Morning Market Update: Markets Edge Higher; Caterpillar Issues Weak 2017 Forecast
www.nasdaq.com - January 26 at 11:06 PM
us.rd.yahoo.com logo5:03 pm DragonWave reduced the exercise price of its outstanding six-month warrants issued August 2016
us.rd.yahoo.com - January 25 at 11:03 PM
finance.yahoo.com logoDragonWave Reduces Exercise Price of Outstanding Short-Term Warrants
finance.yahoo.com - January 25 at 6:00 PM
seekingalpha.com logoDragonWave slides 27% on disappointing Q3 revenues - Seeking Alpha
seekingalpha.com - January 13 at 3:20 AM
baystreet.ca logoDragonWave (DRWI) Hikes Ahead of Expected Loss
www.baystreet.ca - January 11 at 5:21 PM
us.rd.yahoo.com logoDragonWave Reports Third Quarter Fiscal Year 2017 Results
us.rd.yahoo.com - January 11 at 5:21 PM

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Chart

DragonWave, Inc.(USA) (DRWI) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff