NASDAQ:UTSI - UTStarcom Stock Price, Forecast & News

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

UTStarcom Holdings Corp (NASDAQ:UTSI) released its earnings results on Friday, November, 8th. The Wireless communications provider reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The Wireless communications provider had revenue of $13.08 million for the quarter, compared to analysts' expectations of $15 million. UTStarcom had a negative net margin of 1.49% and a negative return on equity of 0.94%. During the same period last year, the firm earned $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 issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$12-15 million, compared to the consensus revenue estimate of $$21.4 million.

Media headlines about UTSI stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. 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 media coverage about the Wireless communications provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for UTStarcom.

UTStarcom saw a decrease in short interest in the month of 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 daily volume of 7,300 shares, the short-interest ratio is presently 3.4 days. Approximately 0.2% of the shares of the company are sold short. 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), Sierra Oncology (SRRA), Whiting Petroleum (WLL), NovaBay Pharmaceuticals (NBY) 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 $2.85.

UTStarcom has a market capitalization of $101.51 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]