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
Current SymbolNASDAQ:QTNA
Previous Symbol
CUSIPN/A
Phone669-209-5500
Debt
Debt-to-Equity RatioN/A
Current Ratio5.38
Quick Ratio4.74
Price-To-Earnings
Trailing P/E Ratio-800.00
Forward P/E Ratio145.45
P/E Growth7.35
Sales & Book Value
Annual Sales$176.36 million
Price / Sales3.39
Cash Flow$0.0619 per share
Price / Cash258.49
Book Value$5.31 per share
Price / Book3.01
Profitability
EPS (Most Recent Fiscal Year)($0.02)
Net Income$34.41 million
Net Margins17.07%
Return on Equity3.65%
Return on Assets3.08%
Miscellaneous
Employees380
Outstanding Shares37,400,000
Market Cap$597.20 million
OptionableOptionable
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) released its earnings results on Monday, October, 29th. The technology company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. The technology company had revenue of $59.30 million for the quarter, compared to analyst estimates of $58.06 million. Quantenna Communications had a return on equity of 3.65% and a net margin of 17.07%. Quantenna Communications's revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.14 earnings per share. 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 issued an update on its fourth quarter earnings guidance on Monday, October, 29th. The company provided EPS guidance of $0.18-$0.20 for the period, compared to the Thomson Reuters consensus estimate of $0.18. The company issued revenue guidance of $61-$63 million, compared to the consensus revenue estimate of $61.38 million.Quantenna Communications also updated its Q4 2018 guidance to $0.18-20.00 EPS.
What price target have analysts set for QTNA?
10 Wall Street analysts have issued 12 month target prices for Quantenna Communications' stock. Their predictions range from $16.00 to $25.00. On average, they anticipate Quantenna Communications' stock price to reach $20.00 in the next year. This suggests a possible upside of 25.0% 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)
Has Quantenna Communications been receiving favorable news coverage?
News articles about QTNA stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Quantenna Communications earned a news impact score of -2.7 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of Quantenna Communications' key competitors?
Some companies that are related to Quantenna Communications include Cirrus Logic (CRUS), Viavi Solutions (VIAV), Dialog Semiconductor (DLGNF), Acacia Communications (ACIA), BE Semiconductor Industrs (BESIY), Diodes (DIOD), Power Integrations (POWI), Solaredge Technologies (SEDG), Amkor Technology (AMKR), Inphi (IPHI), Tower Semiconductor (TSEM), Kulicke and Soffa Industries (KLIC), OSI Systems (OSIS), Oclaro (OCLR) and Silicon Motion Technology (SIMO).
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. Vernon P. Essi Jr., Director of Investor Relations
When did Quantenna Communications IPO?
(QTNA) raised $100 million in an 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.
Who are Quantenna Communications' major shareholders?
Quantenna Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.96%), JPMorgan Chase & Co. (5.96%), BlackRock Inc. (5.86%), FMR LLC (3.88%), Trigran Investments Inc. (2.72%) and Thrivent Financial for Lutherans (2.45%). Company insiders that own Quantenna Communications stock include David William Carroll, John Scull, Lionel Bonnot, Lip Bu Tan, 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, Renaissance Technologies LLC, Russell Investments Group Ltd., Thrivent Financial for Lutherans, Elk Creek Partners LLC, Ibex Investors LLC, Oak Ridge Investments LLC and Marathon Capital Management. Company insiders that have sold Quantenna Communications company stock in the last year include David William Carroll, John Scull, Lionel Bonnot, Sam Heidari and Sean Sobers. View Insider Buying and Selling for Quantenna Communications.
Which institutional investors are buying Quantenna Communications stock?
QTNA stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Dimensional Fund Advisors LP, Trigran Investments Inc., Manatuck Hill Partners LLC, Fuller & Thaler Asset Management Inc., BlackRock Inc. and Chicago Equity Partners LLC. 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 $16.00.
How big of a company is Quantenna Communications?
Quantenna Communications has a market capitalization of $597.20 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.
What is Quantenna Communications' official website?
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.
