Quantenna Communications, Inc. designs, develops, and markets wireless communication solutions enabling wireless local area networking in the United States and internationally. The company's solutions portfolio comprises radio frequency chips and digital baseband chips, which support the IEEE Wi-Fi standards, including 802.11n, 802.11ac, and draft 802.11ax. It offers its products for home networking applications, including home gateways, repeaters, and set-top boxes, as well as retail, outdoor, small and medium business, enterprise, and consumer electronics applications. The company sells its Wi-Fi solutions directly to original equipment manufacturers and original design manufacturers; and third-party distributors. Quantenna Communications, Inc. was founded in 2005 and is headquartered in Fremont, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:QTNA
CUSIPN/A
Phone669-209-5500
Debt
Debt-to-Equity RatioN/A
Current Ratio5.41
Quick Ratio4.75
Price-To-Earnings
Trailing P/E Ratio-935.50
Forward P/E Ratio110.06
P/E Growth5.36
Sales & Book Value
Annual Sales$176.36 million
Price / Sales3.91
Cash Flow$0.0618 per share
Price / Cash302.68
Book Value$5.13 per share
Price / Book3.65
Profitability
EPS (Most Recent Fiscal Year)($0.02)
Net Income$34.41 million
Net Margins17.33%
Return on Equity3.33%
Return on Assets2.73%
Miscellaneous
Employees380
Outstanding Shares36,900,000
Market Cap$690.13 million
Quantenna Communications (NASDAQ:QTNA) Frequently Asked Questions
What is Quantenna Communications' stock symbol?
Quantenna Communications trades on the NASDAQ under the ticker symbol "QTNA."
How were Quantenna Communications' earnings last quarter?
Quantenna Communications Inc (NASDAQ:QTNA) posted its quarterly earnings data on Monday, July, 30th. The technology company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.04. The technology company earned $53.40 million during the quarter, compared to analyst estimates of $51.97 million. Quantenna Communications had a net margin of 17.33% and a return on equity of 3.33%. The company's revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.07 EPS. View Quantenna Communications' Earnings History.
When is Quantenna Communications' next earnings date?
What guidance has Quantenna Communications issued on next quarter's earnings?
Quantenna Communications updated its third quarter earnings guidance on Monday, July, 30th. The company provided earnings per share guidance of $0.14-0.16 for the period, compared to the Thomson Reuters consensus estimate of $0.13. The company issued revenue guidance of $57-59 million, compared to the consensus revenue estimate of $56.52 million.
What price target have analysts set for QTNA?
10 analysts have issued 1 year price objectives for Quantenna Communications' stock. Their predictions range from $16.00 to $25.00. On average, they expect Quantenna Communications' stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price. View Analyst Price Targets for Quantenna Communications.
What is the consensus analysts' recommendation for Quantenna Communications?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantenna Communications in the last year. There are currently 1 hold rating, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Quantenna Communications.
What are Wall Street analysts saying about Quantenna Communications stock?
Here are some recent quotes from research analysts about Quantenna Communications stock:
- 1. According to Zacks Investment Research, "Quantenna Communications, Inc. designs, develops and markets wireless communication solutions. The Company offers wireless solutions for wi-fi routers and consumer electronics, an integrated single chip solution for video stream and multiple input and output chipsets. Quantenna Communications, Inc. is based in Fremont, United States. " (8/3/2018)
- 2. Needham & Company LLC analysts commented, "QTNA’s 4Q17 results and 1Q18 guidance were in line to slightly better than expected. We are encouraged that QTNA’s lead MSO has commenced the nationwide rollout of its DOCSIS 3.1 residential gateway platform featuring QTNA’s Wave 3 (10G) Wi-Fi chipset. We are also encouraged by the announcement that Canal + has recently commenced shipments of new STBs based on QTNA’s Wave 2 solution, which broadens the platform’s customer base. We continue to believe QTNA is the market leader in high performance Wi-Fi chipset solutions and is well positioned to benefit from increasing consumer demand for higher-bandwidth, more reliable Wi-Fi service. As such, we reiterate our Strong Buy rating and $20 price target. QTNA remains our top pick for 2018." (2/13/2018)
Who are some of Quantenna Communications' key competitors?
Some companies that are related to Quantenna Communications include Cabot Microelectronics (CCMP), Viavi Solutions (VIAV), Cirrus Logic (CRUS), Finisar (FNSR), Tower Semiconductor (TSEM), Power Integrations (POWI), Silicon Motion Technology (SIMO), Solaredge Technologies (SEDG), Amkor Technology (AMKR), Dialog Semiconductor (DLGNF), Kulicke and Soffa Industries (KLIC), BE Semiconductor Industrs (BESIY), Diodes (DIOD), Synaptics (SYNA) and Acacia Communications (ACIA).
Who are Quantenna Communications' key executives?
Quantenna Communications' management team includes the folowing people:
- Dr. Sam Heidari, Chairman & CEO (Age 52)
- Mr. Sean Sobers, Chief Financial Officer (Age 49)
- Mr. David W. Carroll, Sr. VP of Worldwide Sales (Age 57)
- Mr. Farhat Jahangir, Sr. VP of Operations & Quality
- Mr. Thomas L. MacMitchell, Acting VP of HR, Gen. Counsel & Corp. Sec.
When did Quantenna Communications IPO?
(QTNA) raised $100 million in an initial public offering (IPO) on Friday, October 28th 2016. The company issued 6,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Barclays and Deutsche Bank Securities acted as the underwriters for the IPO and Needham & Company, William Blair and Roth Capital Partners were co-managers.
Has Quantenna Communications been receiving favorable news coverage?
Media stories about QTNA stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quantenna Communications earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the technology company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Quantenna Communications.
Who are Quantenna Communications' major shareholders?
Quantenna Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (8.01%), BlackRock Inc. (5.57%), Russell Investments Group Ltd. (2.02%), Trigran Investments Inc. (2.00%), Cortina Asset Management LLC (1.48%) and Pier Capital LLC (1.26%). Company insiders that own Quantenna Communications stock include David William Carroll, John Scull, Lionel Bonnot, Lip Bu Tan, Mark A Stevens, Sam Heidari, Sc Xi Management Llc and Sean Sobers. View Institutional Ownership Trends for Quantenna Communications.
Which institutional investors are selling Quantenna Communications stock?
QTNA stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Boston Partners, Oak Ridge Investments LLC, Sei Investments Co. and Royce & Associates LP. Company insiders that have sold Quantenna Communications company stock in the last year include David William Carroll, Lionel Bonnot and Sam Heidari. View Insider Buying and Selling for Quantenna Communications.
Which institutional investors are buying Quantenna Communications stock?
QTNA stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., American Century Companies Inc., Renaissance Technologies LLC, Millennium Management LLC, Trigran Investments Inc., Dana Investment Advisors Inc., Northern Trust Corp and Manatuck Hill Partners LLC. Company insiders that have bought Quantenna Communications stock in the last two years include David William Carroll, Mark A Stevens and Sean Sobers. View Insider Buying and Selling for Quantenna Communications.
How do I buy shares of Quantenna Communications?
Shares of QTNA 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 Quantenna Communications' stock price today?
One share of QTNA stock can currently be purchased for approximately $18.71.
How big of a company is Quantenna Communications?
Quantenna Communications has a market capitalization of $690.13 million and generates $176.36 million in revenue each year. The technology company earns $34.41 million in net income (profit) each year or ($0.02) on an earnings per share basis. Quantenna Communications employs 380 workers across the globe.
How can I contact Quantenna Communications?
Quantenna Communications' mailing address is 1704 AUTOMATION PARKWAY, SAN JOSE CA, 95131. The technology company can be reached via phone at 669-209-5500 or via email at [email protected]
MarketBeat Community Rating for Quantenna Communications (NASDAQ QTNA)
MarketBeat's community ratings are surveys of what our community members think about Quantenna Communications and other stocks. Vote "Outperform" if you believe QTNA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QTNA will underperform the S&P 500 over the long term. You may vote once every thirty days.
