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

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$4.90 -0.13 (-2.58 %)
(As of 03/19/2019 04:00 PM ET)
Previous Close$5.03
Today's Range$4.90 - $5.09
52-Week Range$1.64 - $6.00
Volume494,767 shs
Average Volume1.01 million shs
Market Capitalization$363.99 million
P/E Ratio-40.83
Dividend YieldN/A
Beta0.67
Inseego Corp., together with its subsidiaries, provides software-as-a-service (SaaS), Internet of Things (IoT), and mobile solutions worldwide. The company sells SaaS, software, and service solutions across multiple IoT vertical markets, including fleet management and vehicle telematics, aviation, usage-based insurance, stolen vehicle recovery, asset tracking and 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 to manage the selection, deployment, and spend of their wireless assets. The company also provides a range of wireless hardware products address various markets, such as fleet and commercial telematics, after-market telematics, smart city infrastructure management, and remote monitoring and control, as well as security, connected home, and wireless surveillance systems. Its hardware products include mobile hotspots under MiFi brand name; and wireless routers, USB modems, and telematics and mobile tracking hardware devices supported by applications software and cloud services. Inseego Corp. serves wireless operators, distributors, direct sales force, original equipment manufacturers, and other companies. The company was formerly known as Novatel Wireless Inc. and changed its name to Inseego Corp. in November 2016. 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$0.2158 per share
Book Value($0.50) per share

Profitability

Net Income$-8,060,000.00

Miscellaneous

EmployeesN/A
Market Cap$363.99 million
Next Earnings Date5/14/2019 (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) issued its quarterly earnings results on Thursday, March, 7th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. The technology company earned $56.04 million during the quarter, compared to analyst estimates of $53.39 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, May 14th 2019. View Earnings Estimates for Inseego.

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

Inseego issued an update on its first quarter 2019 earnings guidance on Thursday, March, 7th. The company provided EPS 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?

4 brokerages have issued 1-year price targets for Inseego's shares. Their predictions range from $5.00 to $6.50. On average, they anticipate Inseego's stock price to reach $6.00 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Inseego.

What is the consensus analysts' recommendation for Inseego?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Inseego in the last year. There are currently 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. " (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 stories about INSG stock have trended negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing 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 nearest to five being the most favorable. Inseego earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 Denali Therapeutics (DNLI), Nokia Oyj (NOK), CalAmp (CAMP), Advanced Micro Devices (AMD), RTI Surgical (RTIX), Dropcar (DCAR), AT&T (T), Enphase Energy (ENPH), Freeport-McMoRan (FCX) and Athersys (ATHX).

Who are Inseego's key executives?

Inseego's management team includes the folowing people:
  • Mr. Dan Mondor, Chairman, CEO & Pres (Age 64)
  • Mr. Stephen M. Smith, Exec. VP & CFO (Age 60)
  • Mr. Stephen Sek, Advisor (Age 53)
  • Mr. Douglas Kahn, Exec. VP of Operations & Customer Success
  • Mr. Dennis A. Calderon, VP of Legal Affairs & Sec.

Who are Inseego's major shareholders?

Inseego's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cannell Capital LLC (2.13%), BlackRock Inc. (1.49%), Geode Capital Management LLC (0.54%), Geode Capital Management LLC (0.54%), Barclays PLC (0.44%) and Millennium Management LLC (0.40%). 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 Squarepoint Ops LLC, Virtu Financial LLC, Raymond James Financial Services Advisors Inc., FNY Investment Advisers LLC, Two Sigma Advisers LP, Financial Architects Inc and Advisory Services Network 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 Cannell Capital LLC, Barclays PLC, Millennium Management LLC, BlackRock Inc., ClariVest Asset Management LLC, PEAK6 Investments LLC, Resources Investment Advisors Inc. and Geode Capital Management LLC. 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 $4.90.

How big of a company is Inseego?

Inseego has a market capitalization of $363.99 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.

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, 92121. 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:  183 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  440
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 3/19/2019 by MarketBeat.com Staff

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