NASDAQ:IDSY - I.D. Systems Stock Price, Forecast & News

I.D. Systems trades on the NASDAQ under the ticker symbol "IDSY."

I.D. Systems, Inc. (NASDAQ:IDSY) announced its quarterly earnings data on Wednesday, August, 8th. The communications equipment provider reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The communications equipment provider had revenue of $14.81 million for the quarter, compared to the consensus estimate of $14.50 million. I.D. Systems had a negative return on equity of 13.05% and a negative net margin of 15.49%. View I.D. Systems' Earnings History.

2 brokerages have issued 1 year target prices for I.D. Systems' shares. Their forecasts range from $10.00 to $12.00. On average, they anticipate I.D. Systems' share price to reach $11.00 in the next twelve months. This suggests a possible upside of 45.9% from the stock's current price. View Analyst Price Targets for I.D. Systems.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for I.D. Systems in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for I.D. Systems.

News articles about IDSY stock have been trending very negative on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. I.D. Systems earned a news sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for I.D. Systems.

Some companies that are related to I.D. Systems include ADVA Optical Networking (ADVOF), PowerFleet (PWFL), Iteris (ITI), Turtle Beach (HEAR), UTStarcom (UTSI), Rekor Systems (REKR), Magal Security Systems (MAGS), Risk (George) Industries (RSKIA), Grow Capital (GRWC), Track Group (TRCK), Vislink Technologies (VISL), Ability (ABIL), True Nature (TNTY), 5Barz International (BARZ) and PFO Global (PFGBQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other I.D. Systems investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Ford Motor (F), Navios Maritime Midstream Partners (NAP), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Government Properties Income Trust (GOV), Martin Midstream Partners (MMLP), NGL Energy Partners (NGL) and ANNALY CAP MGMT/SH (NLY).

Shares of IDSY 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 IDSY stock can currently be purchased for approximately $7.54.

I.D. Systems has a market capitalization of $139.11 million and generates $53.06 million in revenue each year. The communications equipment provider earns $-5,810,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis. View Additional Information About I.D. Systems.

The official website for I.D. Systems is http://www.id-systems.com/.

I.D. Systems' mailing address is 123 TICE BOULEVARD, WOODCLIFF LAKE NJ, 07677. The communications equipment provider can be reached via phone at 201-996-9000 or via email at [email protected]