Meru Networks, Inc. (Meru) develops and markets a virtualized Wireless Local Area Network (WLAN) solution. The Company's solution is built around its System Director Operating System, which runs on its controllers and access points. The Company offers additional products designed to deliver network management, diagnostics and security. The Company also offers support services related to its products, professional services, and training. Its products and services are sold through value added resellers, and distributors, as well as its sales force. Its System Director Operating System forms the core of its virtualized WLAN solution. It provides a family of controllers that run its System Director Operating System and work in conjunction with its access points. Its Wireless Fidelity (Wi-Fi) certified access points provide network connectivity for wireless devices. Its bring-your-own-device (BYOD) and policy management solutions are designed to automate secure guest access.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: NASDAQ:MERU
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $1.59
- 200 Day Moving Avg: $2.10
- 52 Week Range: $1.20 - $4.50
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -16.20
- P/E Growth: 0.00
- Average Volume: 298,189 shs.
Frequently Asked Questions for Meru Networks (NASDAQ:MERU)
What is Meru Networks' stock symbol?
Meru Networks trades on the NASDAQ under the ticker symbol "MERU."
How were Meru Networks' earnings last quarter?
Meru Networks, Inc. (NASDAQ:MERU) issued its quarterly earnings results on Monday, May, 4th. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.01. The company earned $17.40 million during the quarter, compared to analyst estimates of $16.50 million. The company's quarterly revenue was down 15.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.23) EPS. View Meru Networks' Earnings History.
Who are some of Meru Networks' key competitors?
Some companies that are related to Meru Networks include Orange Belgium (MBSRF), Abengoa SA (ABGB), Apple (AAPL), Alphabet (GOOGL), Alphabet (GOOG), Microsoft (MSFT), Amazon.com (AMZN), Premier Foods Spon (PRRFY), Facebook (FB), Berkshire Hathaway (BRK-A), Nestle SA (NSRGY), Roche Holding (RHHBY), RDS-A (RDS-A), Comcast (CMCSA), Intel (INTC), Cisco Systems (CSCO), LVMH Moet Hennessy Louis Vuitton SE (LVMUY) and Inditex (IDEXY).
How do I buy Meru Networks stock?
Shares of Meru Networks 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 Meru Networks stock cost?
One share of Meru Networks stock can currently be purchased for approximately $1.62.
Consensus Ratings for Meru Networks (NASDAQ:MERU) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Meru Networks (NASDAQ:MERU)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Meru Networks (NASDAQ:MERU)Earnings History by Quarter for Meru Networks (NASDAQ:MERU)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2015||Q115||($0.17)||($0.16)||$16.50 million||$17.40 million||View||N/A|
|10/27/2014||Q314||($0.11)||($0.14)||$25.09 million||$25.00 million||View||Listen|
|7/28/2014||Q214||($0.12)||($0.13)||$23.90 million||$23.60 million||View||N/A|
|4/28/2014||Q114||($0.19)||($0.23)||$22.02 million||$20.60 million||View||N/A|
|2/10/2014||Q413||($0.06)||($0.09)||$27.04 million||$30.20 million||View||N/A|
|7/30/2013||Q2 2013||($0.08)||($0.05)||$27.11 million||$26.45 million||View||N/A|
|4/30/2013||Q1 2013||($0.22)||($0.10)||$24.12 million||$24.70 million||View||N/A|
|1/29/2013||Q4 2012||($0.21)||($0.13)||$26.07 million||$28.20 million||View||N/A|
|10/24/2012||Q312||($0.29)||($0.22)||$24.17 million||$25.40 million||View||N/A|
Earnings Estimates for Meru Networks (NASDAQ:MERU)
Current Year EPS Consensus Estimate: $-0.30 EPS
Next Year EPS Consensus Estimate: $-0.10 EPS
Dividend History for Meru Networks (NASDAQ:MERU)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Meru Networks (NASDAQ:MERU)Insider Trades by Quarter for Meru Networks (NASDAQ:MERU)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/12/2014||Larry Vaughan||SVP||Sell||5,000||$3.78||$18,900.00|| |
|8/27/2014||Larry Vaughan||SVP||Sell||10,000||$3.53||$35,300.00|| |
|8/8/2014||Harold D Copperman||Director||Buy||2,000||$3.59||$7,180.00|| |
|6/11/2014||Larry Vaughan||SVP||Sell||3,600||$3.61||$12,996.00|| |
|5/16/2014||Mark Liu||General Counsel||Sell||1,500||$3.66||$5,490.00|| |
|5/6/2014||Harold Copperman||Director||Buy||5,000||$3.59||$17,950.00|| |
|3/13/2014||Ajay Malik||SVP||Sell||10,976||$4.39||$48,184.64|| |
|3/3/2014||Eric Singer||Director||Buy||8,150||$4.16||$33,904.00|| |
|2/28/2014||Larry Vaughan||SVP||Sell||10,800||$4.16||$44,928.00|| |
|2/18/2014||Larry Vaughan||SVP||Sell||16,462||$4.17||$68,646.54|| |
|11/6/2013||Harold Copperman||Director||Buy||14,000||$3.02||$42,280.00|| |
|8/28/2013||Harold Copperman||Director||Buy||8,500||$3.45||$29,325.00|| |
|8/20/2013||Harold Copperman||Director||Buy||5,500||$3.50||$19,250.00|| |
|8/15/2013||Harold Copperman||Director||Buy||3,500||$3.50||$12,250.00|| |
|8/7/2013||Harold Copperman||Director||Buy||3,000||$3.58||$10,740.00|| |
|8/5/2013||Harold Copperman||Director||Buy||12,500||$3.65||$45,625.00|| |
|6/13/2013||Nicholas Mitsakos||Director||Sell||39,353||$4.26||$167,643.78|| |
|3/4/2013||Bami Bastani||CEO||Buy||12,500||$4.00||$50,000.00|| |
|3/4/2013||Brett T White||CFO||Buy||3,000||$4.00||$12,000.00|| |
|3/4/2013||Harold D Copperman||Director||Buy||25,000||$4.00||$100,000.00|| |
|11/13/2012||Harold D Copperman||Director||Buy||2,000||$2.33||$4,660.00|| |
|11/12/2012||Harold D Copperman||Director||Buy||5,500||$2.47||$13,585.00|| |
|11/7/2012||Harold D Copperman||Director||Buy||6,000||$2.61||$15,660.00|| |
|11/2/2012||Harold D Copperman||Director||Buy||10,000||$2.76||$27,600.00|| |
|8/15/2012||Kamal Anand||Insider||Buy||10,000||$3.35||$33,500.00|| |
Headline Trends for Meru Networks (NASDAQ:MERU)
Latest Headlines for Meru Networks (NASDAQ:MERU)
Meru Networks (MERU) Chart for Thursday, May, 25, 2017