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NASDAQ:RESNResonant Stock Price, Forecast & News

$2.52
+0.15 (+6.33 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$2.36
Now: $2.52
$2.53
50-Day Range
$1.70
MA: $2.24
$2.62
52-Week Range
$0.95
Now: $2.52
$3.58
Volume847,739 shs
Average Volume664,532 shs
Market Capitalization$132.93 million
P/E RatioN/A
Dividend YieldN/A
Beta2.77
Resonant Inc., a late-stage development company, designs and develops filter designs for radio frequency (RF) front-ends used in the mobile device industry in the United States. It uses Infinite Synthesized Networks technology, a software platform that is used 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.21 out of 5 stars


Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
Current SymbolNASDAQ:RESN
CUSIPN/A
Phone805-308-9803

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$740,000.00
Book Value$0.30 per share

Profitability

Net Income$-29,930,000.00
Net Margins-2,689.78%

Miscellaneous

Employees70
Market Cap$132.93 million
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Resonant (NASDAQ:RESN) Frequently Asked Questions

How has Resonant's stock been impacted by COVID-19 (Coronavirus)?

Resonant's stock was trading at $1.18 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RESN stock has increased by 113.6% and is now trading at $2.52. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Resonant?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Resonant in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Resonant.

When is Resonant's next earnings date?

Resonant is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Resonant.

How were Resonant's earnings last quarter?

Resonant Inc (NASDAQ:RESN) posted its quarterly earnings data on Wednesday, May, 6th. The semiconductor company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.02. The semiconductor company earned $0.54 million during the quarter, compared to analyst estimates of $0.60 million. Resonant had a negative net margin of 2,689.78% and a negative return on equity of 182.63%. View Resonant's earnings history.

What price target have analysts set for RESN?

3 brokerages have issued 12 month price objectives for Resonant's stock. Their forecasts range from $2.20 to $4.00. On average, they expect Resonant's stock price to reach $3.07 in the next twelve months. This suggests a possible upside of 21.7% from the stock's current price. View analysts' price targets for Resonant.

Has Resonant been receiving favorable news coverage?

News coverage about RESN stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Resonant earned a coverage optimism score of -5.0 on InfoTrie's scale. They also assigned news headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutResonant.

Who are some of Resonant's key competitors?

What other stocks do shareholders of Resonant own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Resonant investors own include Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), AT&T (T), Nokia Oyj (NOK), QUALCOMM (QCOM), Applied Materials (AMAT), Marvell Technology Group (MRVL) and Sorrento Therapeutics (SRNE).

Who are Resonant's key executives?

Resonant's management team includes the following people:
  • Mr. George B. Holmes, CEO & Director (Age 56)
  • Dr. Robert B. Hammond, Co-Founder & CTO (Age 71)
  • Mr. Neal O. Fenzi, Co-Founder & Exec. VP of Engineering (Age 59)
  • Mr. Martin S. McDermut, CFO & Sec. (Age 68)
  • Mr. Barry Waxman, VP of Sales & Marketing (Age 65)

What is Resonant's stock symbol?

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

Who are Resonant's major shareholders?

Resonant's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (0.95%), Penn Capital Management Co. Inc. (0.93%), BlackRock Inc. (0.91%), Geode Capital Management LLC (0.61%), Sigma Planning Corp (0.58%) and Russell Investments Group Ltd. (0.32%). Company insiders that own Resonant stock include Dylan Kelly, George B Holmes, Jeffrey A Killian, John E Major, Longboard Capital Advisors, Ll, Martin S Mcdermut, Marybeth Carberry, Michael J Fox, Neal Fenzi and Robert B Hammond. View institutional ownership trends for Resonant.

Which major investors are selling Resonant stock?

RESN stock was sold by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd. Company insiders that have sold Resonant company stock in the last year include Dylan Kelly, George B Holmes, Longboard Capital Advisors, Ll, Martin S Mcdermut, Marybeth Carberry, Neal Fenzi, and Robert B Hammond. View insider buying and selling activity for Resonant.

Which major investors are buying Resonant stock?

RESN stock was purchased by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc., Russell Investments Group Ltd., Geode Capital Management LLC, Westside Investment Management Inc., TRUE Private Wealth Advisors, Squarepoint Ops LLC, BlackRock Inc., 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 activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Resonant's stock price today?

One share of RESN stock can currently be purchased for approximately $2.52.

How big of a company is Resonant?

Resonant has a market capitalization of $132.93 million and generates $740,000.00 in revenue each year. The semiconductor company earns $-29,930,000.00 in net income (profit) each year or ($1.02) on an earnings per share basis. Resonant employs 70 workers across the globe.

What is Resonant's official website?

The official website for Resonant is www.resonant.com.

How can I contact Resonant?

Resonant's mailing address is 175 CREMONA DRIVE SUITE 200, GOLETA CA, 93117. The semiconductor company can be reached via phone at 805-308-9803 or via email at [email protected]

This page was last updated on 6/7/2020 by MarketBeat.com Staff

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