NASDAQ:RESN - Resonant Stock Price, News, & Analysis

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$4.03 -0.29 (-6.71 %)
(As of 09/24/2018 03:25 PM ET)
Previous Close$4.30
Today's Range$4.03 - $4.35
52-Week Range$3.17 - $8.55
Volume3,048 shs
Average Volume208,157 shs
Market Capitalization$116.56 million
P/E Ratio-3.41
Dividend YieldN/A
Beta1.04
Resonant logoResonant Inc., a late-stage development company, engages in the development of filter designs for radio frequency (RF) front-ends used in the mobile device industry in the United States. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. The company develops a series of single-band designs for frequency bands; and multiplexer filter designs for two or more bands to address the carrier aggregation, as well as filter designs to replace various filters and associated componentry for various bands. Resonant Inc. was founded in 2012 and is headquartered in Goleta, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:RESN
CUSIPN/A
Phone805-308-9803

Debt

Debt-to-Equity RatioN/A
Current Ratio13.95
Quick Ratio13.95

Price-To-Earnings

Trailing P/E Ratio-3.41
Forward P/E Ratio-5.17
P/E GrowthN/A

Sales & Book Value

Annual Sales$650,000.00
Price / Sales167.28
Cash FlowN/A
Price / CashN/A
Book Value$1.23 per share
Price / Book3.28

Profitability

EPS (Most Recent Fiscal Year)($1.26)
Net Income$-21,650,000.00
Net Margins-4,330.47%
Return on Equity-83.23%
Return on Assets-75.69%

Miscellaneous

Employees53
Outstanding Shares26,980,000
Market Cap$116.56 million

Resonant (NASDAQ:RESN) Frequently Asked Questions

What is Resonant's stock symbol?

Resonant trades on the NASDAQ under the ticker symbol "RESN."

How were Resonant's earnings last quarter?

Resonant Inc (NASDAQ:RESN) issued its quarterly earnings results on Thursday, August, 9th. The semiconductor company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.03. The semiconductor company earned $0.12 million during the quarter, compared to the consensus estimate of $0.30 million. Resonant had a negative return on equity of 83.23% and a negative net margin of 4,330.47%. View Resonant's Earnings History.

When is Resonant's next earnings date?

Resonant is scheduled to release their next quarterly earnings announcement on Wednesday, November, 14th 2018. View Earnings Estimates for Resonant.

What price target have analysts set for RESN?

6 brokerages have issued 12-month target prices for Resonant's shares. Their forecasts range from $6.00 to $11.00. On average, they anticipate Resonant's stock price to reach $8.20 in the next twelve months. This suggests a possible upside of 96.6% from the stock's current price. View Analyst Price Targets for Resonant.

What is the consensus analysts' recommendation for Resonant?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resonant in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Resonant.

What are Wall Street analysts saying about Resonant stock?

Here are some recent quotes from research analysts about Resonant stock:
  • 1. HC Wainwright analysts commented, "We know Mike to be a huge Ferrari (RACE.IT; not rated) fan, and although we have never had the luxury of the experience, can broadly relate to the appeal probably best visualized in a scene from Ferris Buller’s Day Off, where a pair of parking attendants fly over a bump in the road at an apparent 180 mph in a legendary, convertible 1961 Ferrari GT California on a perfect Chicago spring day—that car is worth in the neighborhood of $11M now." (9/21/2018)
  • 2. According to Zacks Investment Research, "Resonant Inc. is a development-stage company. It creates filter designs for radio frequency front-ends for the mobile device industry. The Company's product configures resonators, the building blocks of RF filters to select desired radio frequency signals and reject unwanted signals. Resonant Inc. is based in Santa Barbara, California. " (8/16/2018)
  • 3. Drexel Hamilton analysts commented, "We were also very encouraged that Resonant reiterated its guidance for significant sequential growth and to reach mid-single digit millions of royalty revenue by the end of the year." (5/10/2018)
  • 4. Needham & Company LLC analysts commented, "Resonant announced it has reached a settlement agreement of the proxy contest with Park City Capital. Under the agreement, the company has agreed to nominate four new candidates for the Board of Directors, two of which, Alan Howe and Jack Jacobs, were included in Park City Capital’s slate. In return, Park City Capital has agreed to a nine month standstill. While we always thought the risk of losing the proxy contest was low, we nevertheless see the settlement as a positive for RESN shares as it removes a major distraction from management. Together with the recent capital raise that has significantly mitigated near-term balance sheet risk, the proxy contest settlement should now allow management to devote 100% of its time to growing the business and executing on its 50+ contracted filter designs. Reiterate Buy and $6 PT ." (4/3/2018)

Who are some of Resonant's key competitors?

Who are Resonant's key executives?

Resonant's management team includes the folowing people:
  • Mr. George B. Holmes, CEO & Director (Age 55)
  • Dr. Robert B. Hammond, Co-Founder & CTO (Age 70)
  • Mr. Jeff A. Killian, CFO & Sec. (Age 58)
  • Mr. Neal O. Fenzi, Co-Founder & Exec. VP of Engineering (Age 58)
  • Mr. Barry Waxman, VP of Sales and Marketing (Age 64)

Who are Resonant's major shareholders?

Resonant's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hood River Capital Management LLC (4.83%), Baird Financial Group Inc. (2.22%), Institute for Wealth Management LLC. (1.82%), ClariVest Asset Management LLC (0.67%), Sigma Planning Corp (0.51%) and MYDA Advisors LLC (0.32%). Company insiders that own Resonant stock include George B Holmes, Jeffrey A Killian, John E Major, Michael J Fox, Neal Fenzi, Robert B Hammond and Terry Lingren. View Institutional Ownership Trends for Resonant.

Which major investors are buying Resonant stock?

RESN stock was purchased by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Baird Financial Group Inc., ClariVest Asset Management LLC, MYDA Advisors LLC, Sterling Capital Management LLC, BlackRock Inc., Northern Trust Corp and Sigma Planning Corp. Company insiders that have bought Resonant stock in the last two years include John E Major and Michael J Fox. View Insider Buying and Selling for Resonant.

How do I buy shares of Resonant?

Shares of RESN 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 Resonant's stock price today?

One share of RESN stock can currently be purchased for approximately $4.17.

How big of a company is Resonant?

Resonant has a market capitalization of $116.56 million and generates $650,000.00 in revenue each year. The semiconductor company earns $-21,650,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. Resonant employs 53 workers across the globe.

What is Resonant's official website?

The official website for Resonant is http://www.resonant.com.

How can I contact Resonant?

Resonant's mailing address is 110 CASTILIAN DRIVE SUITE 100, GOLETA CA, 93117. The semiconductor company can be reached via phone at 805-308-9803 or via email at [email protected]


MarketBeat Community Rating for Resonant (NASDAQ RESN)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  112 (Vote Underperform)
Total Votes:  291
MarketBeat's community ratings are surveys of what our community members think about Resonant and other stocks. Vote "Outperform" if you believe RESN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RESN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

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