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: Technology
  • Industry: Memory Chips (RAM)
  • Sub-Industry: N/A
  • Symbol: NASDAQ:IOTS
  • CUSIP: N/A
  • Web: www.adestotech.com/
Capitalization:
  • Market Cap: $94.51 million
  • Outstanding Shares: 15,838,000
Average Prices:
  • 50 Day Moving Avg: $4.63
  • 200 Day Moving Avg: $4.29
  • 52 Week Range: $1.50 - $5.80
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 163.33
  • P/E Growth: -1.49
Sales & Book Value:
  • Annual Revenue: $45.1 million
  • Price / Sales: 1.72
  • Book Value: $0.93 per share
  • Price / Book: 5.27
Profitability:
  • EBIDTA: ($9,270,000.00)
  • Net Margins: -24.54%
  • Return on Equity: -71.77%
  • Return on Assets: -24.82%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.78%
  • Quick Ratio: 1.51%
Misc:
  • Average Volume: 80,200 shs.
  • Beta: 2.33
  • Short Ratio: 3.42
 

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 earnings results on Wednesday, May, 10th. The company reported ($0.10) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.03. The business had revenue of $11.31 million for the quarter, compared to the consensus estimate of $11.21 million. Adesto Technologies Corp had a negative net margin of 24.54% and a negative return on equity of 71.77%. Adesto Technologies Corp's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm posted ($0.16) earnings per share. View Adesto Technologies Corp's Earnings History.

When will Adesto Technologies Corp make its next earnings announcement?

Adesto Technologies Corp is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for Adesto Technologies Corp.

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

3 brokerages have issued 1-year price targets for Adesto Technologies Corp's shares. Their predictions range from $4.00 to $7.00. On average, they expect Adesto Technologies Corp's stock 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. " (7/12/2017)
  • 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 are Adesto Technologies Corp's key executives?

Adesto Technologies Corp's management team includes the folowing people:

  • Barry L. Cox, Chairman of the Board
  • Narbeh Derhacobian, President, Chief Executive Officer, Co-Founder, Director
  • Shane Hollmer, Co-Founder, Vice President - Engineering
  • Ron Shelton, Chief Financial Officer
  • Gideon Intrater, Chief Technology Officer
  • Thomas D. Spade, Vice President - Worldwide Sales
  • Raphael Mehrbians, Vice President of Marketing
  • Janet Wang Ph.D., Vice President of the Discrete Product Group
  • Ishai Naveh, Vice President - Business Development
  • Nelson Chan, Lead Independent Director

Who owns Adesto Technologies Corp stock?

Adesto Technologies Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include 180 DEGREE CAPITAL CORP. Total Shares: 1,769,868 (8.80%) and HIRSCHMAN ORIN (5.40%). Company insiders that own Adesto Technologies Corp stock include Applied Materials Inc /De, Gideon D Intrater, Harris & Harris Group Inc /Ny/, Ishai Naveh, Janet Wang, Narbeh Derhacobian, Ron Shelton, Thomas D Spade and Venture Fund Vi Lp Arch. View Institutional Ownership Trends 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.

What is Adesto Technologies Corp's stock price today?

One share of Adesto Technologies Corp stock can currently be purchased for approximately $4.90.


MarketBeat Community Rating for Adesto Technologies Corp (NASDAQ IOTS)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  67 (Vote Underperform)
Total Votes:  144
MarketBeat's community ratings are surveys of what our community members think about Adesto Technologies Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Adesto Technologies Corp (NASDAQ:IOTS) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.33)
Consensus Price Target: $6.00 (22.45% upside)

Analysts' Ratings History for Adesto Technologies Corp (NASDAQ:IOTS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/4/2017Benchmark Co.Boost Price TargetBuy$5.00 -> $7.00MediumView Rating Details
5/12/2017Needham & Company LLCBoost Price TargetStrong-Buy -> Strong-Buy$6.00 -> $7.00LowView 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 7/20/2015 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
8/7/2017($0.06)N/AView Earnings Details
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: 22.10%
Institutional Ownership Percentage: 14.62%
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
5/25/2017Janet WangVPSell2,600$5.10$13,260.00View SEC Filing  
5/22/2017Ishai NavehVPSell4,000$5.27$21,080.00View SEC Filing  
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 logoAnalyzing Rambus (RMBS) and Adesto Technologies Corporation (NASDAQ:IOTS)
www.americanbankingnews.com - July 19 at 2:40 PM
americanbankingnews.com logoAdesto Technologies Corporation (NASDAQ:IOTS) and Smart Global Holdings (SGH) Head to Head Comparison
www.americanbankingnews.com - July 14 at 10:28 PM
finance.yahoo.com logoAdesto Technologies Introduces New Solution to Enable Smart Home Products
finance.yahoo.com - July 13 at 3:28 AM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : July 5, 2017
finance.yahoo.com - July 6 at 6:34 AM
americanbankingnews.com logoAdesto Technologies Corporation (NASDAQ:IOTS) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 4 at 12:36 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - July 1 at 11:16 PM
finance.yahoo.com logoAdesto Technologies Announces Exercise of Over-Allotment Option By Underwriters
finance.yahoo.com - June 30 at 12:19 AM
americanbankingnews.com logoHead to Head Review: Adesto Technologies Corp (IOTS) and Rambus (RMBS)
www.americanbankingnews.com - June 26 at 8:43 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 24 at 12:06 AM
finance.yahoo.com logoAdesto to address requirements for ultra-low power memory technologies in IoT devices at Sensors Expo & Conference
finance.yahoo.com - June 22 at 1:05 PM
americanbankingnews.com logoReviewing Violin Memory (VMEM) & Adesto Technologies Corporation (IOTS)
www.americanbankingnews.com - June 21 at 10:20 AM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) Downgraded by ValuEngine to Sell
www.americanbankingnews.com - June 17 at 8:34 AM
streetinsider.com logoAdesto Technologies Corporation (IOTS) Plans Offering Common Stock
www.streetinsider.com - June 16 at 6:50 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : June 16, 2017
finance.yahoo.com - June 16 at 6:50 PM
finance.yahoo.com logoAdesto Technologies Corporation Prices Public Offering of Common Stock
finance.yahoo.com - June 16 at 5:39 AM
finance.yahoo.com logoAdesto Technologies Corporation Announces Proposed Public Offering of Common Stock
finance.yahoo.com - June 14 at 7:54 PM
americanbankingnews.com logoAdesto Technologies Corporation (IOTS) & NetApp (NTAP) Critical Contrast
www.americanbankingnews.com - June 13 at 7:44 AM
americanbankingnews.com logo$12.95 Million in Sales Expected for Adesto Technologies Corp (IOTS) This Quarter
www.americanbankingnews.com - June 10 at 9:48 AM
americanbankingnews.com logo Brokerages Expect Adesto Technologies Corp (IOTS) to Post -$0.07 EPS
www.americanbankingnews.com - June 8 at 8:46 AM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : June 6, 2017
finance.yahoo.com - June 6 at 6:29 PM
americanbankingnews.com logoValuEngine Upgrades Adesto Technologies Corp (IOTS) to "Hold"
www.americanbankingnews.com - June 4 at 10:38 AM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 2 at 7:02 PM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) VP Janet Wang Sells 2,600 Shares
www.americanbankingnews.com - May 30 at 10:40 PM
finance.yahoo.com logoETFs with exposure to Adesto Technologies Corp. : May 26, 2017
finance.yahoo.com - May 26 at 6:41 PM
finance.yahoo.com logoAdesto Technologies Corp. :IOTS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 25, 2017
finance.yahoo.com - May 26 at 2:26 AM
americanbankingnews.com logoAdesto Technologies Corp (IOTS) VP Sells $21,080.00 in Stock
www.americanbankingnews.com - May 24 at 10:57 PM
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

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Chart

Adesto Technologies Corp (IOTS) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff