NASDAQ:UTSI - UTStarcom Stock Price, Forecast & News

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

UTStarcom Holdings Corp (NASDAQ:UTSI) issued its earnings results on Friday, November, 8th. The Wireless communications provider reported ($0.06) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.01. The Wireless communications provider earned $13.08 million during the quarter, compared to analysts' expectations of $15 million. UTStarcom had a negative return on equity of 0.94% and a negative net margin of 1.49%. During the same period last year, the firm posted $0.30 EPS. View UTStarcom's Earnings History.

UTStarcom is scheduled to release their next quarterly earnings announcement on Friday, March 20th 2020. View Earnings Estimates for UTStarcom.

UTStarcom updated its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$12-15 million, compared to the consensus revenue estimate of $$21.4 million.

Headlines about UTSI stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. UTStarcom earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave news stories about the Wireless communications provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for UTStarcom.

UTStarcom saw a increase in short interest in the month of November. As of November 29th, there was short interest totalling 29,700 shares, an increase of 25.3% from the November 14th total of 23,700 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 3.3 days. Approximately 0.3% of the company's shares are short sold. View UTStarcom's Current Options Chain.

Some companies that are related to UTStarcom include ADVA Optical Networking (ADVOF), Iteris (ITI), PowerFleet (PWFL), Turtle Beach (HEAR), I.D. Systems (IDSY), Magal Security Systems (MAGS), Rekor Systems (REKR), Risk (George) Industries (RSKIA), Grow Capital (GRWC), Track Group (TRCK), True Nature (TNTY), Ability (ABIL), Vislink Technologies (VISL), 5Barz International (BARZ) and PFO Global (PFGBQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), HP (HPQ), Fortive (FTV), Lowe's Companies (LOW), Viveve Medical (VIVE), Whiting Petroleum (WLL), Western Digital (WDC), NovaBay Pharmaceuticals (NBY) and Catalyst Biosciences (CBIO).

Shares of UTSI 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.

One share of UTSI stock can currently be purchased for approximately $2.96.

UTStarcom has a market capitalization of $105.44 million and generates $115.94 million in revenue each year. The Wireless communications provider earns $4.82 million in net income (profit) each year or $0.14 on an earnings per share basis. View Additional Information About UTStarcom.

The official website for UTStarcom is http://www.utstar.com/.

UTStarcom's mailing address is Level 6 28 Hennessy Road Admiralty, Hong Kong K3, 100176. The Wireless communications provider can be reached via phone at 852-3951-9757 or via email at [email protected]