NASDAQ:WSTL - Westell Technologies Stock Price, Price Target & More

Westell Technologies trades on the NASDAQ under the ticker symbol "WSTL."

Shares of Westell Technologies reverse split on Thursday, June 8th 2017. The 1-4 reverse split was announced on Wednesday, May 31st 2017. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, June 7th 2017. An investor that had 100 shares of Westell Technologies stock prior to the reverse split would have 25 shares after the split.

Westell Technologies declared that its Board of Directors has initiated a stock repurchase plan on Sunday, June 4th 2017, which permits the company to buyback $2,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 59% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are undervalued.

Westell Technologies Inc. (NASDAQ:WSTL) released its quarterly earnings results on Thursday, May, 24th. The communications equipment provider reported $0.03 EPS for the quarter, missing the Zacks' consensus estimate of $0.05 by $0.02. The communications equipment provider had revenue of $11.10 million for the quarter, compared to the consensus estimate of $14.46 million. Westell Technologies had a net margin of 0.05% and a return on equity of 6.21%. View Westell Technologies' Earnings History.

Westell Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Westell Technologies.

1 analysts have issued twelve-month price objectives for Westell Technologies' stock. Their predictions range from $6.00 to $6.00. On average, they expect Westell Technologies' stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 112.8% from the stock's current price. View Analyst Ratings for Westell Technologies.

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

Some companies that are related to Westell Technologies include Clearfield (CLFD), DASAN Zhone Solutions (DZSI), Zoom Telephonics (ZMTP), Communications Systems (JCS), Clearone (CLRO), Sunworks (SUNW), Franklin Wireless (FKWL), One Horizon Group (OHGI), AltiGen Communications (ATGN), MER Telemanagement Solutions (MTSL), Lattice (LTTC), Electronic Tele-Communications (ETCIA), Alvarion (ALVRQ) and Zoom Technologies (ZOOM).

News headlines about WSTL stock have been trending positive on Monday, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Westell Technologies earned a daily sentiment score of 0.35 on Accern's scale. They also gave media stories about the communications equipment provider an impact score of 45.33 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Shares of WSTL 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.

One share of WSTL stock can currently be purchased for approximately $2.82.

Westell Technologies has a market capitalization of $44.35 million and generates $58.58 million in revenue each year. The communications equipment provider earns $30,000.00 in net income (profit) each year or $0.20 on an earnings per share basis. Westell Technologies employs 115 workers across the globe.

Westell Technologies' mailing address is 750 North Commons Drive, Aurora IL, 60504. The communications equipment provider can be reached via phone at 630-898-2500 or via email at [email protected]