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NASDAQ:UTSIUTStarcom Stock Price, Forecast & News

$1.90
+0.04 (+2.15 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$1.83
Now: $1.90
$1.91
50-Day Range
$1.69
MA: $1.89
$2.05
52-Week Range
$1.56
Now: $1.90
$3.23
Volume8,930 shs
Average Volume5,644 shs
Market Capitalization$67.51 million
P/E RatioN/A
Dividend YieldN/A
Beta1.1
UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications worldwide. The company helps network operators to offer communication services for its customers. Its products line include various platforms that leverage its expertise in packet optical communications, routing and switching technologies, broadband access, wireless communications, and synchronization. The company's end-to-end broadband product portfolio, enhanced through in-house software defined networking based orchestration, enables mobile and fixed-line network operators and enterprises to build networks for a range of applications, including mobile backhaul, metro aggregation, broadband access, and Wi-Fi data offload. It is also leveraging its technology expertise to bring smart networked products to new applications, such as its GoBox automated refrigerated dispenser for retail stores. The company was founded in 1991 and is based in Admiralty, Hong Kong.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.41 out of 5 stars


Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:UTSI
CUSIPN/A
Phone852-3951-9757

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$65.82 million
Book Value$2.78 per share

Profitability

Net Income$-3,910,000.00

Miscellaneous

EmployeesN/A
Market Cap$67.51 million
Next Earnings Date5/29/2020 (Estimated)
OptionableOptionable

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UTStarcom (NASDAQ:UTSI) Frequently Asked Questions

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

UTStarcom's stock was trading at $2.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, UTSI shares have decreased by 20.8% and is now trading at $1.90. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of UTStarcom?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for UTStarcom in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for UTStarcom.

When is UTStarcom's next earnings date?

UTStarcom is scheduled to release its next quarterly earnings announcement on Friday, May 29th 2020. View our earnings forecast for UTStarcom.

How were UTStarcom's earnings last quarter?

UTStarcom Holdings Corp (NASDAQ:UTSI) announced its quarterly earnings results on Friday, March, 27th. The Wireless communications provider reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.03) by $0.07. The Wireless communications provider earned $14.18 million during the quarter, compared to analysts' expectations of $13.50 million. UTStarcom had a negative net margin of 5.45% and a negative return on equity of 3.53%. View UTStarcom's earnings history.

What price target have analysts set for UTSI?

1 brokerages have issued 12 month price objectives for UTStarcom's shares. Their forecasts range from $2.50 to $2.50. On average, they expect UTStarcom's share price to reach $2.50 in the next year. This suggests a possible upside of 31.6% from the stock's current price. View analysts' price targets for UTStarcom.

Has UTStarcom been receiving favorable news coverage?

Press coverage about UTSI stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. UTStarcom earned a news impact score of 1.6 on InfoTrie's scale. They also gave media stories about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutUTStarcom.

Are investors shorting UTStarcom?

UTStarcom saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 21,000 shares, a decrease of 12.9% from the April 30th total of 24,100 shares. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.2% of the company's shares are sold short. View UTStarcom's Current Options Chain.

Who are some of UTStarcom's key competitors?

What other stocks do shareholders of UTStarcom own?

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

Who are UTStarcom's key executives?

UTStarcom's management team includes the following people:
  • Mr. Tenling Ti, CEO & Director (Age 54)
  • Mr. Eric Lam, VP of Fin. (Age 69)
  • Dr. Zhaochen Huang, Chief Operating Officer (Age 56)
  • Mr. Xiaofeng Chen, Sr. VP of Product & Technology (Age 46)
  • Ms. Fei Wang, IR Director (Age 41)

What is UTStarcom's stock symbol?

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

How do I buy shares of UTStarcom?

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.

What is UTStarcom's stock price today?

One share of UTSI stock can currently be purchased for approximately $1.90.

How big of a company is UTStarcom?

UTStarcom has a market capitalization of $67.51 million and generates $65.82 million in revenue each year. The Wireless communications provider earns $-3,910,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis.

What is UTStarcom's official website?

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

How can I contact UTStarcom?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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