NASDAQ:UTSI - UTStarcom Stock Price, Forecast & News

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

UTStarcom Holdings Corp (NASDAQ:UTSI) released its quarterly earnings data on Friday, November, 8th. The Wireless communications provider reported ($0.06) EPS for the quarter, missing the 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 quarter in the prior year, the firm earned $0.30 earnings per share. 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.

News articles about UTSI stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. UTStarcom earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for UTStarcom.

UTStarcom saw a decrease in short interest in December. As of December 31st, there was short interest totalling 24,900 shares, a decrease of 18.4% from the December 15th total of 30,500 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 3.4 days. Approximately 0.2% of the shares of the company are short sold. View UTStarcom's Current Options Chain.

Some companies that are related to UTStarcom include PowerFleet (PWFL), Iteris (ITI), I.D. Systems (IDSY), Turtle Beach (HEAR), Magal Security Systems (MAGS), Rekor Systems (REKR), Risk (George) Industries (RSKIA), Grow Capital (GRWC), Track Group (TRCK), Vislink Technologies (VISL), True Nature (TNTY), Ability (ABIL), 5Barz International (BARZ), PFO Global (PFGBQ) and R.T (LESHE`AVAR RIT TEHNOLOGIYOT) BE`AM (RITT).

Based on aggregate information from My MarketBeat watchlists, some companies that other UTStarcom investors own include Corbus Pharmaceuticals (CRBP), Visa (V), HP (HPQ), Viveve Medical (VIVE), Fortive (FTV), Lowe's Companies (LOW), NovaBay Pharmaceuticals (NBY), Sierra Oncology (SRRA), Whiting Petroleum (WLL) and Sunesis Pharmaceuticals (SNSS).

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 $2.80.

UTStarcom has a market capitalization of $99.72 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]