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

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

DASAN Zhone Solutions shares reverse split on 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) posted its quarterly earnings data 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 analysts' expectations of $70.98 million. DASAN Zhone Solutions had a positive return on equity of 4.36% and a negative net margin of 1.49%. 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 EPS 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 12-month price targets for DASAN Zhone Solutions' stock. 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 twelve months. This suggests a possible upside of 62.2% 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.

Press coverage about DZSI stock has been trending negative recently, according to InfoTrie. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. DASAN Zhone Solutions earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media headlines about the communications equipment provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for DASAN Zhone Solutions.

DASAN Zhone Solutions saw a decline in short interest during the month of December. As of December 13th, there was short interest totalling 322,800 shares, a decline of 24.6% from the November 28th total of 428,100 shares. Based on an average daily volume of 112,400 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.0% of the shares of the stock are sold short. View DASAN Zhone Solutions' Current Options Chain.

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

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

DASAN Zhone Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Mesirow Financial Investment Management Inc. (0.21%) and Raymond James Trust N.A. (0.05%). 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 sold by a variety of institutional investors in the last quarter, including Raymond James Trust N.A. and Mesirow Financial Investment Management Inc.. 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 $10.48.

DASAN Zhone Solutions has a market capitalization of $224.17 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]