Adesto Technologies Corp Company Profile (NASDAQ:IOTS)

About Adesto Technologies Corp (NASDAQ:IOTS)

Adesto Technologies Corp logoAdesto Technologies Corporation is a provider of application-specific and ultra-low power non-volatile memory products. The Company optimizes its non-volatile memory products for Internet of Things (IoT), applications, including current and next-generation Internet-connected devices in the consumer, industrial, medical and wearables markets. It operates in application-specific and feature-rich, ultra-low power non-volatile memory (NVM) products segment. It combines its non-volatile memory design capabilities with intellectual property and differentiated technology platforms to deliver products that manage the overall energy consumption of its customers' systems and battery life. Its products feature embedded intelligence in a small form factor. It sells its products directly to original equipment manufacturers and original design manufacturers, respectively that manufacture products for its end customers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Data Storage Devices
  • Sub-Industry: N/A
  • Symbol: NASDAQ:IOTS
  • CUSIP: N/A
  • Web: www.adestotech.com
Capitalization:
  • Market Cap: $81.81 million
  • Outstanding Shares: 15,733,000
Average Prices:
  • 50 Day Moving Avg: $4.99
  • 200 Day Moving Avg: $3.50
  • 52 Week Range: $1.50 - $5.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -260.00
  • P/E Growth: -1.39
Sales & Book Value:
  • Annual Revenue: $43.97 million
  • Price / Sales: 1.86
  • Book Value: $1.06 per share
  • Price / Book: 4.91
Profitability:
  • EBIDTA: ($10,040,000.00)
  • Net Margins: -30.26%
  • Return on Equity: -53.89%
  • Return on Assets: -24.19%
Debt:
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 2.06%
  • Quick Ratio: 1.61%
Misc:
  • Average Volume: 62,537 shs.
  • Beta: 2.33
  • Short Ratio: 3.39
 

Frequently Asked Questions for Adesto Technologies Corp (NASDAQ:IOTS)

What is Adesto Technologies Corp's stock symbol?

Adesto Technologies Corp trades on the NASDAQ under the ticker symbol "IOTS."

How were Adesto Technologies Corp's earnings last quarter?

Adesto Technologies Corp (NASDAQ:IOTS) announced its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.10) EPS for the quarter, beating the Zacks' consensus estimate of ($0.13) by $0.03. The firm earned $11.31 million during the quarter, compared to analysts' expectations of $11.21 million. Adesto Technologies Corp had a negative return on equity of 53.89% and a negative net margin of 30.26%. The company's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.16) earnings per share. View Adesto Technologies Corp's Earnings History.

Where is Adesto Technologies Corp's stock going? Where will Adesto Technologies Corp's stock price be in 2017?

4 analysts have issued 1 year target prices for Adesto Technologies Corp's stock. Their predictions range from $4.00 to $7.00. On average, they anticipate Adesto Technologies Corp's share price to reach $6.00 in the next twelve months. View Analyst Ratings for Adesto Technologies Corp.

What are analysts saying about Adesto Technologies Corp stock?

Here are some recent quotes from research analysts about Adesto Technologies Corp stock:

  • 1. According to Zacks Investment Research, "Adesto Technologies Corporation is a provider of application-specific non-volatile memory products. The company designed and built a portfolio of innovative products which includes Fusion Serial Flash, DataFlash(R) and Conductive Bridging RAM (R). It sells products directly to original equipment manufacturers and original design manufacturers. Adesto Technologies Corporation is headquartered in Sunnyvale, California. " (4/19/2017)
  • 2. Needham & Company LLC analysts commented, "Adesto posted a beat and raise quarter. Revenue increased to $12.3MM and GMs increased 270 basis points Q/Q to 50.8%. Adesto completed the year with 280 design wins compared to 153 last year, and is seeing strength across all end markets. With proof points of 19% Y/Y growth in 2H16, guidance for quarterly record revenue in 2Q17, and EBITDA B/E in 2H17E, we believe Adesto is progressing well on design wins and new product technologies. With GMs improving, we believe the company deserves a $6.50 PT on a 1.8x EV/sales 2017. The stock is currently trading at less than 1.0x EV/sales (2017)." (2/15/2017)

Who are some of Adesto Technologies Corp's key competitors?

Who owns Adesto Technologies Corp stock?

Adesto Technologies Corp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (10.63%), Herald Investment Management Ltd (2.26%), Vanguard Group Inc. (0.76%), Spark Investment Management LLC (0.62%) and Geode Capital Management LLC (0.29%). Company insiders that own Adesto Technologies Corp stock include Applied Materials Inc /De, Gideon D Intrater, Harris & Harris Group Inc /Ny/, Narbeh Derhacobian, Ron Shelton, Thomas D Spade and Venture Fund Vi Lp Arch. View Institutional Ownership Trends for Adesto Technologies Corp.

Who bought Adesto Technologies Corp stock? Who is buying Adesto Technologies Corp stock?

Adesto Technologies Corp's stock was acquired by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, Herald Investment Management Ltd, Spark Investment Management LLC, Vanguard Group Inc. and Geode Capital Management LLC. Company insiders that have bought Adesto Technologies Corp stock in the last two years include Harris & Harris Group Inc /Ny/, Narbeh Derhacobian, Ron Shelton and Venture Fund Vi Lp Arch. View Insider Buying and Selling for Adesto Technologies Corp.

How do I buy Adesto Technologies Corp stock?

Shares of Adesto Technologies Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Adesto Technologies Corp stock cost?

One share of Adesto Technologies Corp stock can currently be purchased for approximately $5.20.

Analyst Ratings

Consensus Ratings for Adesto Technologies Corp (NASDAQ:IOTS) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $6.00 (15.38% upside)

Analysts' Ratings History for Adesto Technologies Corp (NASDAQ:IOTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017Needham & Company LLCBoost Price TargetStrong-Buy -> Strong-Buy$6.00 -> $7.00LowView Rating Details
4/7/2017Benchmark Co.Reiterated RatingBuy -> Buy$5.00 -> $7.00HighView Rating Details
9/1/2016Roth CapitalInitiated CoverageBuy$4.00N/AView Rating Details
6/15/2016Oppenheimer Holdings Inc.Reiterated RatingHoldN/AView Rating Details
2/19/2016Sanford C. BernsteinInitiated CoverageBuy$9.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Adesto Technologies Corp (NASDAQ:IOTS)
Earnings by Quarter for Adesto Technologies Corp (NASDAQ:IOTS)
Earnings History by Quarter for Adesto Technologies Corp (NASDAQ:IOTS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/20173/31/2017($0.13)($0.10)$11.21 million$11.31 millionViewN/AView Earnings Details
2/14/2017Q4 2016($0.13)($0.04)$12.20 million$12.30 millionViewListenView Earnings Details
10/27/2016Q316($0.19)($0.19)$11.03 million$11.20 millionViewListenView Earnings Details
8/9/2016Q216($0.19)($0.21)$10.20 million$10.30 millionViewListenView Earnings Details
5/5/2016Q116($0.16)($0.16)$10.20 million$10.20 millionViewListenView Earnings Details
2/11/2016Q415($0.10)($0.07)$11.83 million$11.80 millionViewListenView Earnings Details
11/12/2015Q3($0.22)$11.14 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Adesto Technologies Corp (NASDAQ:IOTS)
2017 EPS Consensus Estimate: ($0.52)
2018 EPS Consensus Estimate: ($0.14)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.18)($0.12)($0.15)
Q2 20172($0.18)($0.09)($0.14)
Q3 20172($0.19)($0.06)($0.13)
Q4 20172($0.18)($0.04)($0.11)
Q1 20181($0.07)($0.07)($0.07)
Q2 20181($0.05)($0.05)($0.05)
Q3 20181($0.02)($0.02)($0.02)
Q4 20181$0.00$0.00$0.00
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Adesto Technologies Corp (NASDAQ:IOTS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Adesto Technologies Corp (NASDAQ:IOTS)
Insider Ownership Percentage: 19.50%
Institutional Ownership Percentage: 20.16%
Insider Trades by Quarter for Adesto Technologies Corp (NASDAQ:IOTS)
Institutional Ownership by Quarter for Adesto Technologies Corp (NASDAQ:IOTS)
Insider Trades by Quarter for Adesto Technologies Corp (NASDAQ:IOTS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/19/2017Gideon D IntraterInsiderSell2,180$5.30$11,554.00View SEC Filing  
2/17/2017Thomas D. SpadeVPSell4,064$4.32$17,556.48View SEC Filing  
11/21/2016Narbeh DerhacobianInsiderBuy10,000$1.76$17,600.00View SEC Filing  
11/15/2016Ron SheltonCFOBuy10,000$2.04$20,400.00View SEC Filing  
11/10/2016Narbeh DerhacobianInsiderBuy7,200$2.05$14,760.00View SEC Filing  
11/8/2016Narbeh DerhacobianInsiderBuy17,800$1.91$33,998.00View SEC Filing  
11/8/2016Ron SheltonCFOBuy15,000$1.90$28,500.00View SEC Filing  
8/26/2016Applied Materials Inc /DeMajor ShareholderSell5,000$2.41$12,050.00View SEC Filing  
5/10/2016Ron SheltonCFOBuy25,000$3.54$88,500.00View SEC Filing  
10/26/2015Harris & Harris Group Inc /Ny/DirectorBuy200,000$5.00$1,000,000.00View SEC Filing  
10/26/2015Venture Fund Vi Lp ArchMajor ShareholderBuy400,000$5.00$2,000,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Adesto Technologies Corp (NASDAQ:IOTS)
Latest Headlines for Adesto Technologies Corp (NASDAQ:IOTS)
Source:
DateHeadline
americanbankingnews.com logoGideon D. Intrater Sells 2,180 Shares of Adesto Technologies Corp (IOTS) Stock
www.americanbankingnews.com - May 23 at 8:34 PM
finance.yahoo.com logoConexant Systems Selects Adesto Technologies Serial Flash for AudioSmart™  Development Kits
finance.yahoo.com - May 16 at 5:51 PM
reuters.com logoBRIEF-Adesto Technologies announces Q1 revenue $11.3 million
www.reuters.com - May 12 at 11:41 PM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 10-May-17 9:00pm GMT
finance.yahoo.com - May 12 at 6:39 PM
americanbankingnews.com logoZacks: Analysts Expect Adesto Technologies Corp (IOTS) to Post -$0.10 EPS
www.americanbankingnews.com - May 12 at 8:26 AM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Price Target Raised to $7.00 at Needham & Company LLC
www.americanbankingnews.com - May 12 at 8:20 AM
streetinsider.com logoAdesto Technologies (IOTS) PT Raised to $7 at Needham & Company Following 1Q
www.streetinsider.com - May 11 at 6:31 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Announces Earnings Results
www.americanbankingnews.com - May 10 at 9:52 PM
finance.yahoo.com logoAdesto Technologies Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 10 at 6:19 PM
finance.yahoo.com logoAdesto Tech reports 1Q loss
finance.yahoo.com - May 10 at 6:19 PM
finance.yahoo.com logoInvestor Network: Adesto Technologies Corporation to Host Earnings Call
finance.yahoo.com - May 10 at 1:17 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Set to Announce Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 8 at 8:32 AM
finance.yahoo.com logoAdesto Technologies to Present at the Oppenheimer Conference on May 16
finance.yahoo.com - May 4 at 11:15 AM
seekingalpha.com logo180 Degree Capital Corp. (TURN) CEO Kevin M. Rendino on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 2 at 4:23 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Getting Somewhat Negative Press Coverage, Study Shows
www.americanbankingnews.com - April 27 at 5:15 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Receiving Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 24 at 8:38 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : April 24, 2017
finance.yahoo.com - April 24 at 5:38 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Downgraded by Zacks Investment Research
www.americanbankingnews.com - April 23 at 10:34 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Receives Media Impact Score of -0.02
www.americanbankingnews.com - April 21 at 4:19 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Short Interest Down 0.2% in March
www.americanbankingnews.com - April 20 at 7:21 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Given Daily Coverage Optimism Score of 0.42
www.americanbankingnews.com - April 18 at 5:40 PM
finance.yahoo.com logoAdesto Technologies to Announce First Quarter 2017 Financial Results on May 10
finance.yahoo.com - April 18 at 11:00 AM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Earning Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 14 at 12:46 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : April 10, 2017
finance.yahoo.com - April 10 at 5:39 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) PT Raised to $7.00 at Benchmark Co.
www.americanbankingnews.com - April 7 at 5:32 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 26 at 6:00 PM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 24 at 9:36 AM
finance.yahoo.com logoAdesto’s DataFlash® Memory Enables Smart Features and Longer Battery-Life in the Ozobot® Evo, the Connected Social Robot
finance.yahoo.com - February 28 at 6:07 PM
finance.yahoo.com logoAdesto Technologies to Present at the ROTH Conference on March 14
finance.yahoo.com - February 23 at 5:56 PM
finance.yahoo.com logoWill Adesto Technologies (IOTS) Continue to Surge Higher?
finance.yahoo.com - February 22 at 12:35 PM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 14-Feb-17 10:00pm GMT
finance.yahoo.com - February 15 at 8:56 PM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Princ
biz.yahoo.com - February 15 at 8:56 PM
biz.yahoo.com logoQ4 2016 Adesto Technologies Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 15 at 12:22 AM
us.rd.yahoo.com logo4:10 pm Adesto Technologies beats by $0.09, beats on revs; guides Q1 revs below consensus
us.rd.yahoo.com - February 15 at 12:22 AM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Tops Q4 EPS by 9c
www.streetinsider.com - February 14 at 7:21 PM
finance.yahoo.com logoAdesto Technologies to Announce Fourth Quarter and Fiscal 2016 Financial Results on February 14
finance.yahoo.com - February 1 at 5:21 AM
finance.yahoo.com logoAdesto Technologies to Present at the Needham Growth Conference on January 12
finance.yahoo.com - January 4 at 4:44 PM
finance.yahoo.com logoAdesto Introduces Ultra Low Power EEPROM Memory Family Designed for Better IoT Security
finance.yahoo.com - December 7 at 6:06 PM
blogs.barrons.com logoQuickLogic, Three Other Micro-Caps Top Benchmark Chip List
blogs.barrons.com - December 6 at 6:10 AM
finance.yahoo.com logoADESTO TECHNOLOGIES CORP Financials
finance.yahoo.com - November 23 at 5:43 PM
finance.yahoo.com logoAdesto Technologies to Participate at the Benchmark Micro Cap Discovery Conference
finance.yahoo.com - November 17 at 5:16 PM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Misses Q3 EPS by 1c
www.streetinsider.com - October 29 at 5:26 PM
finance.yahoo.com logoEdited Transcript of IOTS earnings conference call or presentation 27-Oct-16 9:00pm GMT
finance.yahoo.com - October 29 at 8:37 AM
biz.yahoo.com logoADESTO TECHNOLOGIES CORP Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - October 27 at 5:42 PM
biz.yahoo.com logoAdesto Technologies Corp Earnings Call scheduled for 5:00 pm ET today
biz.yahoo.com - October 27 at 5:42 PM
biz.yahoo.com logoQ3 2016 Adesto Technologies Corp Earnings Release - After Market Close
biz.yahoo.com - October 27 at 10:28 AM

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Chart

Adesto Technologies Corp (IOTS) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff