NASDAQ:DZSI - DASAN Zhone Solutions Stock Price, Forecast & News

DASAN Zhone Solutions trades on the NASDAQ under the ticker symbol "DZSI."

Shares of DASAN Zhone Solutions reverse split on the morning of Wednesday, March 1st 2017. The 1-5 reverse split was announced on Tuesday, February 28th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 28th 2017. An investor that had 100 shares of DASAN Zhone Solutions stock prior to the reverse split would have 20 shares after the split.

DASAN Zhone Solutions Inc (NASDAQ:DZSI) issued its quarterly earnings results on Tuesday, November, 12th. The communications equipment provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.04. The communications equipment provider had revenue of $71.52 million for the quarter, compared to analyst estimates of $70.98 million. DASAN Zhone Solutions had a negative net margin of 1.49% and a positive return on equity of 4.36%. View DASAN Zhone Solutions' Earnings History.

DASAN Zhone Solutions is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for DASAN Zhone Solutions.

DASAN Zhone Solutions updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$309.3-315.3 million, compared to the consensus revenue estimate of $$305.65 million.

3 Wall Street analysts have issued twelve-month target prices for DASAN Zhone Solutions' shares. Their forecasts range from $15.50 to $19.50. On average, they expect DASAN Zhone Solutions' share price to reach $17.00 in the next year. This suggests a possible upside of 119.6% from the stock's current price. View Analyst Price Targets for DASAN Zhone Solutions.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DASAN Zhone Solutions in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DASAN Zhone Solutions.

News articles about DZSI stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. DASAN Zhone Solutions earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned news headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for DASAN Zhone Solutions.

DASAN Zhone Solutions saw a decline in short interest in the month of November. As of November 29th, there was short interest totalling 428,100 shares, a decline of 19.2% from the November 14th total of 529,600 shares. Based on an average trading volume of 113,700 shares, the short-interest ratio is currently 3.8 days. Currently, 4.0% of the company's stock are short sold. View DASAN Zhone Solutions' Current Options Chain.

Some companies that are related to DASAN Zhone Solutions include ADTRAN (ADTN), Akoustis Technologies (AKTS), Clearfield (CLFD), Communications Systems (JCS), Sonim Technologies (SONM), AltiGen Communications (ATGN), Clearone (CLRO), Zoom Telephonics (ZMTP), Franklin Wireless (FKWL), Westell Technologies (WSTL), One Horizon Group (OHGI), Sunworks (SUNW), MER Telemanagement Solutions (MTSL), Alvarion (ALVRQ) and Electronic Tele-Communications (ETCIA).

Based on aggregate information from My MarketBeat watchlists, some companies that other DASAN Zhone Solutions investors own include NovaBay Pharmaceuticals (NBY), Revolution Lighting Technologies (RVLT), Amarin (AMRN), Cerus (CERS), Glu Mobile (GLUU), Veru (VERU), Alimera Sciences (ALIM), Biocept (BIOC), Himax Technologies (HIMX) and STRATA Skin Sciences (SSKN).

DASAN Zhone Solutions' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Squarepoint Ops LLC (0.26%), California State Teachers Retirement System (0.06%), Zebra Capital Management LLC (0.05%), Sepio Capital LLC (0.05%), Tower Research Capital LLC TRC (0.03%) and Russell Investments Group Ltd. (0.01%). Company insiders that own DASAN Zhone Solutions stock include Il Yung Kim, Michael Connors, Mikhail Golomb and Philip Yim. View Institutional Ownership Trends for DASAN Zhone Solutions.

DZSI stock was purchased by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Zebra Capital Management LLC, Sepio Capital LLC, Tower Research Capital LLC TRC, California State Teachers Retirement System and Russell Investments Group Ltd.. Company insiders that have bought DASAN Zhone Solutions stock in the last two years include Il Yung Kim, Mikhail Golomb and Philip Yim. View Insider Buying and Selling for DASAN Zhone Solutions.

Shares of DZSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DZSI stock can currently be purchased for approximately $7.74.

DASAN Zhone Solutions has a market capitalization of $165.54 million and generates $282.35 million in revenue each year. The communications equipment provider earns $2.77 million in net income (profit) each year or $0.20 on an earnings per share basis. DASAN Zhone Solutions employs 670 workers across the globe.View Additional Information About DASAN Zhone Solutions.

The official website for DASAN Zhone Solutions is http://www.dasanzhone.com/.

DASAN Zhone Solutions' mailing address is 7195 Oakport Street, Oakland CA, 94621. The communications equipment provider can be reached via phone at 510-777-7000 or via email at [email protected]