UTStarcom Stock Forecast, Price & News

Wall Street analysts have given UTStarcom a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but UTStarcom wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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UTStarcom saw a decline in short interest during the month of May. As of May 28th, there was short interest totaling 214,800 shares, a decline of 12.8% from the May 13th total of 246,300 shares. Based on an average daily trading volume, of 533,700 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.8% of the company's shares are short sold.
View UTStarcom's Short Interest.

UTStarcom is scheduled to release its next quarterly earnings announcement on Thursday, June 24th 2021.
View our earnings forecast for UTStarcom.

UTStarcom Holdings Corp. (NASDAQ:UTSI) issued its quarterly earnings data on Friday, March, 27th. The Wireless communications provider reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by $0.07. The Wireless communications provider had revenue of $14.18 million for the quarter, compared to analyst estimates of $13.50 million.
View UTStarcom's earnings history.

UTStarcom's stock was trading at $2.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, UTSI shares have decreased by 41.7% and is now trading at $1.40.
View which stocks have been most impacted by COVID-19.

6 employees have rated UTStarcom CEO William Wong on Glassdoor.com. William Wong has an approval rating of 89% among UTStarcom's employees.

Some companies that are related to UTStarcom include COMSovereign (COMS), Vislink Technologies (VISL), Magal Security Systems (MAGS), George Risk Industries (RSKIA), AmpliTech Group (AMPG), Wireless Telecom Group (WTT), ALR Technologies (ALRT), The Coretec Group (CRTG), Track Group (TRCK), True Nature (TNTY), Electronic Control Security (EKCS), Ability (ABILF), Ealixir (EAXR), Vicon Industries (VCON) and RiT Technologies (RITT).
View all of UTSI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), Fortive (FTV), Lowe's Companies (LOW), Advanced Micro Devices (AMD), HP (HPQ), Inovio Pharmaceuticals (INO), Sierra Oncology (SRRA), Viveve Medical (VIVE) and Ampio Pharmaceuticals (AMPE).

UTStarcom trades on the NASDAQ under the ticker symbol "UTSI."

UTStarcom's stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.53%), Morgan Stanley (0.13%), UBS Group AG (0.13%) and HRT Financial LP (0.10%).
View institutional ownership trends for UTStarcom.

UTSI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, and Morgan Stanley.
View insider buying and selling activity for UTStarcom or view top insider-selling stocks.

UTSI stock was acquired by a variety of institutional investors in the last quarter, including HRT Financial LP, and UBS Group AG.
View insider buying and selling activity for UTStarcom or or view top insider-buying stocks.

Shares of UTSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UTSI stock can currently be purchased for approximately $1.40.

UTStarcom has a market capitalization of $50.26 million and generates $24.31 million in revenue each year.

UTStarcom employs 299 workers across the globe.

The official website for UTStarcom is www.utstar.com.

UTStarcom is headquartered at 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053.

UTStarcom's mailing address is 4th Floor South Wing 368 Liuhe Road, Hangzhou F4, 310053. The Wireless communications provider can be reached via phone at 86-571-8192-8888 or via email at [email protected]