NASDAQ:INSG - Inseego Stock Price, News, & Analysis

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$5.15 +0.30 (+6.19 %)
(As of 05/22/2019 04:43 AM ET)
Previous Close$4.85
Today's Range$4.90 - $5.19
52-Week Range$1.73 - $6.00
Volume1.66 million shs
Average Volume881,401 shs
Market Capitalization$405.48 million
P/E RatioN/A
Dividend YieldN/A
Beta0.59
Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide. The company provides wireless 3G, 4G, and 5G hardware products that address various markets, including fleet and commercial telematics, aftermarket telematics, smart city infrastructure management, remote monitoring and control, wireless surveillance systems, security and connected home and fixed wireless access, and mobile broadband devices. Its products include 4G and 5G mobile hotspots, wireless gateways and routers for IoT applications, 1Gigabit speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices that are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure/manage their hardware remotely. The company also sells software-as-a-service (SaaS), software, and services solutions in various mobile and industrial IoT vertical markets comprising fleet management, vehicle telematics, aviation telematics, usage-based insurance, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management. Its SaaS delivery platforms include Ctrack platforms, which provide fleet, vehicle, aviation, asset, and other telematics applications; and Device Management Solutions, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their wireless assets by helping them to save money on personnel and telecom expenses. Inseego Corp. was founded in 1996 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:INSG
CUSIPN/A
Phone858-812-3400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$202.46 million
Cash Flow$0.2207 per share
Book Value($0.41) per share

Profitability

Net Income$-8,060,000.00

Miscellaneous

Employees819
Market Cap$405.48 million
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

Inseego (NASDAQ:INSG) Frequently Asked Questions

What is Inseego's stock symbol?

Inseego trades on the NASDAQ under the ticker symbol "INSG."

How were Inseego's earnings last quarter?

Inseego Corp (NASDAQ:INSG) released its earnings results on Wednesday, May, 8th. The technology company reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). The technology company had revenue of $48.56 million for the quarter, compared to analysts' expectations of $47.57 million. View Inseego's Earnings History.

When is Inseego's next earnings date?

Inseego is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Inseego.

What guidance has Inseego issued on next quarter's earnings?

Inseego updated its first quarter 2019 earnings guidance on Thursday, March, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $45-50 million, compared to the consensus revenue estimate of $51.63 million.

What price target have analysts set for INSG?

5 brokers have issued twelve-month price targets for Inseego's shares. Their predictions range from $5.00 to $6.50. On average, they expect Inseego's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Inseego.

What is the consensus analysts' recommendation for Inseego?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Inseego.

What are Wall Street analysts saying about Inseego stock?

Here are some recent quotes from research analysts about Inseego stock:
  • 1. According to Zacks Investment Research, "Inseego Corp. is a provider of software-as-a-service and solutions for the Internet of Things. The company sells telematics solutions under the Ctrack brand, including fleet management, asset tracking and monitoring, stolen vehicle recovery and usage-based insurance platforms. It also sells business connectivity solutions and device management services through Novatel Wireless, Inc. and Feeney Wireless. Inseego Corp., formerly known as Novatel Wireless Inc., is headquartered in San Diego, California. " (3/8/2019)
  • 2. Northland Securities analysts commented, "We attended MWC in Barcelona this week, meeting with INSG’s management. MWC is the largest, annual wireless tech tradeshow. At the show, INSG announced a partnership with Ericsson. Optus, a large Australian operator, announced use of INSG’s 5G home router. INSG has added numerous customers for its hotspots and 5G home routers, giving more visibility to growth in our view." (3/1/2019)

Has Inseego been receiving favorable news coverage?

News coverage about INSG stock has trended neutral recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Inseego earned a news impact score of 0.2 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term.

Who are some of Inseego's key competitors?

What other stocks do shareholders of Inseego own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Inseego investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Denali Therapeutics (DNLI), Freeport-McMoRan (FCX), Netflix (NFLX), Nokia Oyj (NOK), Micron Technology (MU), General Electric (GE), Sequans Communications (SQNS) and CalAmp (CAMP).

Who are Inseego's key executives?

Inseego's management team includes the folowing people:
  • Mr. Dan Mondor, Chairman & CEO (Age 64)
  • Mr. Stephen M. Smith, Exec. VP & CFO (Age 60)
  • Mr. Douglas Kahn, Exec. VP of Operations & Customer Success
  • Mr. Dennis A. Calderon, VP of Legal Affairs & Sec.
  • Mr. Ashish Sharma, Chief Marketing Officer and Exec. VP of IoT & Mobile Solutions

Who are Inseego's major shareholders?

Inseego's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.00%), Cannell Capital LLC (2.47%), BlackRock Inc. (1.19%), Laurion Capital Management LP (0.67%), JPMorgan Chase & Co. (0.64%) and EAM Global Investors LLC (0.32%). Company insiders that own Inseego stock include Harbor Ltd Golden, Jeffrey Tuder and Philip Falcone. View Institutional Ownership Trends for Inseego.

Which major investors are selling Inseego stock?

INSG stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., FNY Investment Advisers LLC, Family Management Corp, ClariVest Asset Management LLC, Moors & Cabot Inc., Moors & Cabot Inc. and Alpine Global Management LLC. View Insider Buying and Selling for Inseego.

Which major investors are buying Inseego stock?

INSG stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Cannell Capital LLC, Laurion Capital Management LP, EAM Global Investors LLC, Tibra Equities Europe Ltd, ExodusPoint Capital Management LP, Morgan Stanley and Citigroup Inc.. View Insider Buying and Selling for Inseego.

How do I buy shares of Inseego?

Shares of INSG 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, Scottrade, Fidelity and Charles Schwab.

What is Inseego's stock price today?

One share of INSG stock can currently be purchased for approximately $5.15.

How big of a company is Inseego?

Inseego has a market capitalization of $405.48 million and generates $202.46 million in revenue each year. The technology company earns $-8,060,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Inseego employs 819 workers across the globe.

What is Inseego's official website?

The official website for Inseego is http://www.inseego.com/.

How can I contact Inseego?

Inseego's mailing address is 12600 Deerfield Parkway Suite 100, SAN DIEGO CA, 30004. The technology company can be reached via phone at 858-812-3400 or via email at [email protected]


MarketBeat Community Rating for Inseego (NASDAQ INSG)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  193 (Vote Outperform)
Underperform Votes:  269 (Vote Underperform)
Total Votes:  462
MarketBeat's community ratings are surveys of what our community members think about Inseego and other stocks. Vote "Outperform" if you believe INSG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INSG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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