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NASDAQ:INSG - Inseego Stock Price, Forecast & News

$8.65
-0.20 (-2.26 %)
(As of 01/26/2020 04:00 PM ET)
Today's Range
$8.50
Now: $8.65
$9.12
50-Day Range
$6.68
MA: $7.64
$9.60
52-Week Range
$3.61
Now: $8.65
$9.75
Volume1.64 million shs
Average Volume2.46 million shs
Market Capitalization$695.11 million
P/E RatioN/A
Dividend YieldN/A
Beta0.78
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. Read More…

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$0.21 per share
Book Value($0.50) per share

Profitability

Net Income$-8,060,000.00

Miscellaneous

Employees819
Market Cap$695.11 million
Next Earnings Date3/5/2020 (Estimated)
OptionableOptionable

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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) posted its quarterly earnings data on Wednesday, November, 6th. The technology company reported ($0.04) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.12) by $0.08. The technology company had revenue of $62.72 million for the quarter, compared to analyst estimates of $59.77 million. The business's revenue was up 23.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.10) earnings per share. View Inseego's Earnings History.

When is Inseego's next earnings date?

Inseego is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Inseego.

What price target have analysts set for INSG?

5 Wall Street analysts have issued 1 year price targets for Inseego's shares. Their forecasts range from $6.50 to $9.00. On average, they anticipate Inseego's stock price to reach $8.20 in the next twelve months. This suggests that the stock has a possible downside of 5.2%. 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 1 hold rating and 4 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. " (1/4/2020)
  • 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?

Media coverage about INSG stock has been trending extremely negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Inseego earned a news impact score of -4.5 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Inseego.

Are investors shorting Inseego?

Inseego saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 14,680,000 shares, an increase of 8.7% from the November 28th total of 13,510,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is currently 9.9 days. Approximately 18.8% of the company's stock are short sold. View Inseego's Current Options Chain.

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 Advanced Micro Devices (AMD), Nokia Oyj (NOK), NVIDIA (NVDA), Micron Technology (MU), QUALCOMM (QCOM), Canopy Growth (CGC), AT&T (T), STMicroelectronics (STM), Alibaba Group (BABA) and Skyworks Solutions (SWKS).

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 variety of of institutional and retail investors. Top institutional investors include Mesirow Financial Investment Management Inc. (0.08%) and Traynor Capital Management Inc. (0.01%). Company insiders that own Inseego stock include Brian Miller, Harbor Ltd Golden and Jeffrey Tuder. View Institutional Ownership Trends for Inseego.

Which institutional investors are selling Inseego stock?

INSG stock was sold by a variety of institutional investors in the last quarter, including Traynor Capital Management Inc. and Mesirow Financial Investment Management 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, Robinhood, Fidelity and Charles Schwab.

What is Inseego's stock price today?

One share of INSG stock can currently be purchased for approximately $8.65.

How big of a company is Inseego?

Inseego has a market capitalization of $695.11 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.View Additional Information About Inseego.

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:  2.2 out of 5 (star star)
Outperform Votes:  261 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  586
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 1/26/2020 by MarketBeat.com Staff

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