Energous Corporation engages in the development of a wire-free charging system. It develops WattUp that consists of semiconductor chipsets, software, hardware designs, and antennas that enables radio frequency based wire-free charging for electronic devices, providing power at a distance and enables charging with mobility under software control. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was founded in 2012 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:WATT
CUSIPN/A
Phone408-963-0200
Debt
Debt-to-Equity RatioN/A
Current Ratio9.01
Quick Ratio9.01
Price-To-Earnings
Trailing P/E Ratio-5.57
Forward P/E Ratio-6.24
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.15 million
Price / Sales286.50
Cash FlowN/A
Price / CashN/A
Book Value$0.53 per share
Price / Book24.26
Profitability
EPS (Most Recent Fiscal Year)($2.31)
Net Income$-49,370,000.00
Net Margins-9,750.39%
Return on Equity-182.29%
Return on Assets-159.24%
Miscellaneous
Employees68
Outstanding Shares25,620,000
Market Cap$348.68 million
Energous (NASDAQ:WATT) Frequently Asked Questions
What is Energous' stock symbol?
Energous trades on the NASDAQ under the ticker symbol "WATT."
How were Energous' earnings last quarter?
Energous Corp (NASDAQ:WATT) released its earnings results on Wednesday, August, 1st. The industrial products company reported ($0.48) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.54) by $0.06. The industrial products company had revenue of $0.21 million for the quarter, compared to the consensus estimate of $0.22 million. Energous had a negative net margin of 9,750.39% and a negative return on equity of 182.29%. View Energous' Earnings History.
When is Energous' next earnings date?
What price target have analysts set for WATT?
3 brokers have issued 1 year price targets for Energous' shares. Their predictions range from $24.50 to $35.00. On average, they expect Energous' share price to reach $30.50 in the next twelve months. This suggests a possible upside of 137.2% from the stock's current price. View Analyst Price Targets for Energous.
What is the consensus analysts' recommendation for Energous?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Energous in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Energous.
Are investors shorting Energous?
Energous saw a drop in short interest during the month of July. As of July 31st, there was short interest totalling 5,778,434 shares, a drop of 4.6% from the July 13th total of 6,057,246 shares. Based on an average daily volume of 392,205 shares, the short-interest ratio is currently 14.7 days. Approximately 30.7% of the shares of the company are sold short. View Energous' Current Options Chain.
Who are some of Energous' key competitors?
Some companies that are related to Energous include Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), CalAmp (CAMP), Comtech Telecomm. (CMTL), Sierra Wireless (SWIR), Gilat Satellite Networks (GILT), Harmonic (HLIT), Ceragon Networks (CRNT), KVH Industries (KVHI), Vuzix (VUZI), Airgain (AIRG), SeaChange International (SEAC), Pointer Telocation (PNTR) and Aviat Networks (AVNW).
Who are Energous' key executives?
Energous' management team includes the folowing people:
- Mr. Stephen R. Rizzone, Pres, CEO & Director (Age 69)
- Mr. Brian J. Sereda, Sr. VP & CFO (Age 57)
- Mr. Cesar Johnston, Exec. VP of Engineering & Operations (Age 54)
- Mr. Neeraj Sahejpal, Sr. VP of Product Marketing (Age 48)
- Dr. Chryssoula Kyriazidou, VP of Engineering, Antennas and Electromagnetics Division
Has Energous been receiving favorable news coverage?
Media coverage about WATT stock has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Energous earned a coverage optimism score of 0.16 on Accern's scale. They also gave media stories about the industrial products company an impact score of 46.91 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Energous.
Who are Energous' major shareholders?
Energous' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.37%), Hood River Capital Management LLC (0.63%), Bank of New York Mellon Corp (0.27%), Raymond James & Associates (0.20%), Schwab Charles Investment Management Inc. (0.19%) and Bradley Foster & Sargent Inc. CT (0.12%). Company insiders that own Energous stock include Brian J Sereda, Cesar Johnston, John Gaulding, Michael Aaron Leabman, Neeraj Sahejpal and Stephen R Rizzone. View Institutional Ownership Trends for Energous.
Which institutional investors are selling Energous stock?
WATT stock was sold by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Raymond James & Associates and California Public Employees Retirement System. Company insiders that have sold Energous company stock in the last year include Brian J Sereda, Cesar Johnston, John Gaulding, Michael Aaron Leabman, Neeraj Sahejpal and Stephen R Rizzone. View Insider Buying and Selling for Energous.
Which institutional investors are buying Energous stock?
WATT stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Bradley Foster & Sargent Inc. CT, Natixis, Schwab Charles Investment Management Inc., Bank of New York Mellon Corp, Rhumbline Advisers, State Board of Administration of Florida Retirement System and Creative Planning. View Insider Buying and Selling for Energous.
How do I buy shares of Energous?
Shares of WATT 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, Scottrade, Fidelity and Charles Schwab.
What is Energous' stock price today?
One share of WATT stock can currently be purchased for approximately $12.86.
How big of a company is Energous?
Energous has a market capitalization of $348.68 million and generates $1.15 million in revenue each year. The industrial products company earns $-49,370,000.00 in net income (profit) each year or ($2.31) on an earnings per share basis. Energous employs 68 workers across the globe.
How can I contact Energous?
Energous' mailing address is 3590 NORTH FIRST STREET SUITE 210, SAN JOSE CA, 95134. The industrial products company can be reached via phone at 408-963-0200 or via email at [email protected]
MarketBeat Community Rating for Energous (NASDAQ WATT)
MarketBeat's community ratings are surveys of what our community members think about Energous and other stocks. Vote "Outperform" if you believe WATT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WATT will underperform the S&P 500 over the long term. You may vote once every thirty days.
