NASDAQ:QTNA - Quantenna Communications Stock Price, Price Target & More

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$16.38 +0.01 (+0.06 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$16.37
Today's Range$16.18 - $16.46
52-Week Range$9.60 - $20.72
Volume177,097 shs
Average Volume359,829 shs
Market Capitalization$587.98 million
P/E Ratio-818.50
Dividend YieldN/A
Beta1.83
Quantenna Communications logoQuantenna 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.

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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 Ratio4.90
Quick Ratio4.37

Price-To-Earnings

Trailing P/E Ratio-818.50
Forward P/E Ratio71.22
P/E Growth3.57

Sales & Book Value

Annual Sales$176.36 million
Price / Sales3.37
Cash Flow$0.0625 per share
Price / Cash262.21
Book Value$5.13 per share
Price / Book3.19

Profitability

EPS (Most Recent Fiscal Year)($0.02)
Net Income$34.41 million
Net Margins17.46%
Return on Equity0.84%
Return on Assets0.68%

Miscellaneous

Employees380
Outstanding Shares36,290,000
Market Cap$587.98

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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) issued its earnings results on Monday, April, 30th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The technology company had revenue of $45.10 million for the quarter, compared to analysts' expectations of $43.92 million. Quantenna Communications had a net margin of 17.46% and a return on equity of 0.84%. The business's revenue was up 19.0% on a year-over-year basis. During the same quarter last year, the business earned $0.03 earnings per share. View Quantenna Communications' Earnings History.

When is Quantenna Communications' next earnings date?

Quantenna Communications is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Quantenna Communications.

What guidance has Quantenna Communications issued on next quarter's earnings?

Quantenna Communications updated its second quarter earnings guidance on Monday, April, 30th. The company provided earnings per share guidance of $0.07-$0.09 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.06. The company issued revenue guidance of $51-$53 million, compared to the consensus revenue estimate of $49.00 million.

What price target have analysts set for QTNA?

7 Wall Street analysts have issued 1-year price objectives for Quantenna Communications' stock. Their predictions range from $17.00 to $21.00. On average, they anticipate Quantenna Communications' share price to reach $19.1667 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View Analyst Ratings for Quantenna Communications.

What is the consensus analysts' recommendation for Quantenna Communications?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Quantenna Communications in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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. " (2/15/2018)
  • 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?

Who are Quantenna Communications' key executives?

Quantenna Communications' management team includes the folowing people:
  • Dr. Sam Heidari Ph.D., Chairman and Chief Exec. Officer (Age 52)
  • Mr. Sean Sobers, Chief Financial Officer (Age 49)
  • Mr. David W. Carroll, Sr. VP of Worldwide Sales (Age 57)
  • Mr. Farhat Jahangir, VP of Operations & Quality
  • Mr. Thomas L. MacMitchell Esq., Acting VP of HR, Gen. Counsel and Corp. Sec.

When did Quantenna Communications IPO?

(QTNA) raised $100 million in an initial public offering 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?

News coverage about QTNA stock has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quantenna Communications earned a media sentiment score of 0.24 on Accern's scale. They also gave media coverage about the technology company an impact score of 48.05 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Quantenna Communications' major shareholders?

Quantenna Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.03%) and Fortaleza Asset Management Inc. (0.02%). 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 major investors are buying Quantenna Communications stock?

QTNA stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Fortaleza Asset Management Inc.. 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 $16.38.

How big of a company is Quantenna Communications?

Quantenna Communications has a market capitalization of $587.98 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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  123 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  260
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.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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