About XG Technology (NASDAQ:XGTI)
xG Technology, Inc. develops a portfolio of intellectual property, which is embedded in its software algorithms that offer cognitive interference mitigation and spectrum access solutions for a range of applications using commercial off the shelf devices. The Company is a provider of wireless video solutions to broadcast, law enforcement and defense markets, and private mobile broadband networks for use in a range of environments. The Company markets its technology solutions across three business units: Integrated Microwave Technologies (IMT), Vislink Communication Systems and xMax. The Company offers a range of frequency-agnostic cognitive radio solutions. It focuses on various industries across the world, such as telecommunications, cable, defense and public safety, municipal governments, critical infrastructure and markets ranging from rural to urban areas and expeditionary deployments.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking
- Sub-Industry: N/A
- Symbol: NASDAQ:XGTI
- CUSIP: N/A
- Web: www.xgtechnology.com
Capitalization:- Market Cap: $23.29 million
- Outstanding Shares: 11,621,000
Average Prices:- 50 Day Moving Avg: $1.71
- 200 Day Moving Avg: $1.78
- 52 Week Range: $1.17 - $5.25
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.22
Sales & Book Value:- Annual Revenue: $27.54 million
- Price / Sales: 0.68
- Book Value: $2.41 per share
- Price / Book: 0.67
Profitability:- EBITDA: ($14,610,000.00)
- Net Margins: -18.20%
- Return on Equity: -19.60%
- Return on Assets: -11.48%
Debt:- Debt-to-Equity Ratio: 0.07%
- Current Ratio: 1.99%
- Quick Ratio: 0.95%
Misc:- Average Volume: 615,989 shs.
- Beta: -0.83
- Short Ratio: 1.63
Frequently Asked Questions for XG Technology (NASDAQ:XGTI)
What is XG Technology's stock symbol?
XG Technology trades on the NASDAQ under the ticker symbol "XGTI."
How were XG Technology's earnings last quarter?
XG Technology, Inc (NASDAQ:XGTI) announced its earnings results on Friday, August, 14th. The company reported ($1.37) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.70) by $0.67. The business earned $0.37 million during the quarter, compared to analyst estimates of $1.50 million. XG Technology had a negative net margin of 18.20% and a negative return on equity of 19.60%. View XG Technology's Earnings History.
When will XG Technology make its next earnings announcement?
Where is XG Technology's stock going? Where will XG Technology's stock price be in 2017?
2 analysts have issued 12-month price objectives for XG Technology's shares. Their forecasts range from $3.50 to $4.00. On average, they anticipate XG Technology's stock price to reach $3.75 in the next year. View Analyst Ratings for XG Technology.
Who are some of XG Technology's key competitors?
Some companies that are related to XG Technology include SRT Marine Systems PLC (SRT), Communications Systems (JCS), Lantronix (LTRX), Trakm8 Holdings PLC (TRAK), Global Invacom Group Ltd (GINV), Audience (ADNC), CityFibre Infrastructure Holdings PLC (CFHL), Emulex (ELX), Envivio (ENVI), Ixia (XXIA), Lumentum Holdings (LITEV), Pace plc (PIC), Polycom (PLCM) and Riverbed Technology (RVBD).
Who are XG Technology's key executives?
XG Technology's management team includes the folowing people:
- George Frederick Schmitt, Executive Chairman of the Board, Chief Executive Officer and Director
- Ross James Woodyatt, President
- Roger G. Branton, Chief Financial Officer
- John Payne IV, President - IMTUSA
- James Walton, President - IMT Ltd
- Belinda Marino, Secretary
- John Carlton Coleman, Director
- Richard L. Mooers, Director - Non-Executive
- James T. Conway, Independent Director
- Gary D. Cuccio, Independent Director
How do I buy XG Technology stock?
Shares of XG Technology can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is XG Technology's stock price today?
One share of XG Technology stock can currently be purchased for approximately $1.61.
MarketBeat Community Rating for XG Technology (NASDAQ XGTI)MarketBeat's community ratings are surveys of what our community members think about XG Technology and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for XG Technology (NASDAQ:XGTI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $3.75 (132.92% upside) |
Consensus Price Target History for XG Technology (NASDAQ:XGTI)
Analysts' Ratings History for XG Technology (NASDAQ:XGTI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/22/2017 | Maxim Group | Set Price Target | Buy | $4.00 | Low |  |
| 7/18/2017 | Roth Capital | Reiterated Rating | Buy | $3.50 | Low | |
(Data available from 10/18/2015 forward)
Earnings History for XG Technology (NASDAQ:XGTI)Earnings History by Quarter for XG Technology (NASDAQ XGTI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/13/2017 | | | | | | | N/A | |
| 8/14/2015 | Q215 | ($0.70) | ($1.37) | $1.50 million | $0.37 million | View | N/A | |
| 5/15/2015 | Q115 | ($0.10) | ($0.15) | $250.00 million | $584.00 million | View | N/A | |
| 3/31/2015 | Q414 | ($0.17) | ($0.20) | $1.00 million | $0.07 million | View | N/A | |
| 8/14/2014 | Q214 | ($0.16) | ($0.20) | $3.00 million | $0.16 million | View | N/A | |
| 5/15/2014 | | ($0.30) | ($0.21) | $1.00 million | $0.25 million | View | N/A | |
| 3/6/2014 | Q413 | ($0.24) | ($0.23) | $0.80 million | $0.37 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for XG Technology (NASDAQ:XGTI)2017 EPS Consensus Estimate: ($0.57)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.51) | ($0.51) | ($0.51) |
| Q2 2017 | 1 | ($0.18) | ($0.18) | ($0.18) |
| Q3 2017 | 1 | $0.01 | $0.01 | $0.01 |
| Q4 2017 | 1 | $0.11 | $0.11 | $0.11 |
(Data provided by Zacks Investment Research)
Dividend History for XG Technology (NASDAQ:XGTI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for XG Technology (NASDAQ:XGTI)Insider Ownership Percentage: 2.81%
Institutional Ownership Percentage: 2.30%
Insider Trades by Quarter for XG Technology (NASDAQ:XGTI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 1/12/2017 | Ross James Woodyatt | Insider | Sell | 14,849 | $2.27 | $33,707.23 | |
| 12/30/2016 | John C. Coleman | President | Sell | 10,646 | $1.29 | $13,733.34 | |
| 12/6/2016 | John C Coleman | President | Sell | 194,563 | $0.34 | $66,151.42 | |
| 11/29/2016 | Ross James Woodyatt | President | Sell | 14,100 | $0.33 | $4,653.00 | |
| 10/3/2016 | Ross James Woodyatt | President | Sell | 80,702 | $0.59 | $47,614.18 | |
| 9/13/2016 | Roger G Branton | CFO | Sell | 51,118 | $0.45 | $23,003.10 | |
| 8/5/2016 | John C Coleman | President | Sell | 25,360 | $0.49 | $12,426.40 | |
| 8/4/2016 | Belinda Allen Marino | Insider | Sell | 7,615 | $0.49 | $3,731.35 | |
| 7/27/2016 | Ross James Woodyatt | President | Sell | 19,659 | $0.44 | $8,649.96 | |
| 6/28/2016 | Belinda Allen Marino | Insider | Sell | 3,259 | $1.14 | $3,715.26 | |
| 6/28/2016 | Ross James Woodyatt | President | Sell | 8,413 | $1.22 | $10,263.86 | |
| 6/21/2016 | Roger G Branton | CFO | Sell | 15,981 | $1.79 | $28,605.99 | |
| 6/2/2016 | Ross James Woodyatt | President | Sell | 44,500 | $0.18 | $8,010.00 | |
| 5/27/2016 | Belinda Allen Marino | Insider | Sell | 48,224 | $0.15 | $7,233.60 | |
| 5/27/2016 | Ross James Woodyatt | President | Sell | 80,000 | $0.16 | $12,800.00 | |
| 6/23/2015 | Ross James Woodyatt | President | Sell | 12,000 | $0.28 | $3,360.00 | |
| 6/3/2015 | Ross James Woodyatt | President | Sell | 54,700 | $0.27 | $14,769.00 | |
| 11/26/2014 | George Frederick Schmitt | Director | Buy | 172,992 | $1.37 | $236,999.04 | |
| 11/26/2014 | Roger G Branton | CFO | Buy | 72,992 | $1.37 | $99,999.04 | |
| 11/19/2014 | George Frederick Schmitt | Director | Buy | 10,000 | $1.43 | $14,300.00 | |
| 12/24/2013 | Gary Cuccio | Director | Buy | 10,000 | $1.66 | $16,600.00 | |
| 11/26/2013 | Gary Cuccio | Director | Buy | 10,000 | $1.64 | $16,400.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for XG Technology (NASDAQ:XGTI)
Latest Headlines for XG Technology (NASDAQ:XGTI)
| Source: |
|
| Date | Headline |
|---|
 | xG Technology (XGTI) Announces Availability of MicroLite 2 from its IMT Vislink Business Unit - StreetInsider.com
www.streetinsider.com - October 11 at 9:43 AM |
 | IMT Vislink Introduces MicroLite 2 HD Ultra-Compact COFDM Wireless Video Transmitter
finance.yahoo.com - October 11 at 9:43 AM |
| Eric Haney Joins IMT Vislink as Regional Sales Manager for Unmanned and Autonomous Systems
finance.yahoo.com - October 4 at 2:24 PM |
 | IMT Vislink Receives Orders of Approximately $200000 for HD Airborne Video Downlink System (AVDS) Equipment ... - PR Newswire (press release)
www.prnewswire.com - September 30 at 12:05 PM |
 | Financial Review: TESSCO Technologies (TESS) versus XG Technology (XGTI)
www.americanbankingnews.com - September 16 at 4:10 PM |
| Vislink Enters into Agreement with Panasonic to Bring Unprecedented Video Communications Capabilities to the Rail Industry
finance.yahoo.com - September 11 at 8:47 AM |
| xG Technology, Inc. :XGTI-US: Earnings Analysis: Q2, 2017 By the Numbers : August 25, 2017
finance.yahoo.com - August 25 at 12:51 PM |
| Maxim Group Analysts Give XG Technology, Inc (XGTI) a $4.00 Price Target
www.americanbankingnews.com - August 22 at 1:18 PM |
| xG Technology Closes $3200005 Registered Direct Offering and Concurrent Private Placement - PR Newswire (press release)
www.prnewswire.com - August 20 at 6:56 PM |
| xG Technology Closes $3,200,005 Registered Direct Offering and Concurrent Private Placement
finance.yahoo.com - August 19 at 9:01 AM |
| xG Technology (XGTI) Announces $3.2M Registered Direct Offering, Concurrent Private Placement
www.streetinsider.com - August 17 at 9:33 AM |
| xG Technology Announces $3,200,000 Registered Direct Offering and Concurrent Private Placement
finance.yahoo.com - August 17 at 9:33 AM |
| Edited Transcript of XGTI earnings conference call or presentation 16-Aug-17 9:00pm GMT
finance.yahoo.com - August 17 at 9:33 AM |
| xG Technology Reports Second Quarter and First Half 2017 Results and Conference Call
finance.yahoo.com - August 15 at 8:31 AM |
| XG Technology (NASDAQ:XGTI) and Riverbed Technology (RVBD) Critical Survey
www.americanbankingnews.com - August 10 at 8:22 PM |
| Vislink Receives $200000 in Orders for Microwave Communications Equipment Used for Airborne Surveillance by ... - PR Newswire (press release)
www.prnewswire.com - August 10 at 4:04 PM |
| Vislink Receives $200,000 in Orders for Microwave Communications Equipment Used for Airborne Surveillance by African Police Force
finance.yahoo.com - August 10 at 4:04 PM |
| XG Technology, Inc (NASDAQ:XGTI) to Release Earnings on Thursday
www.americanbankingnews.com - August 10 at 7:32 AM |
| IMT-Vislink Newsnet™ Solution Wins 2017 Technology Award from Society of Broadcast Engineers (SBE)
finance.yahoo.com - August 2 at 8:53 AM |
| IMT-Vislink Launches Comprehensive Customer Support Portal
finance.yahoo.com - July 27 at 9:48 AM |
| Vislink Showcases HCAM, Next Generation HEVC 4K UHD Wireless Camera Transmitter, At IBC 2017
finance.yahoo.com - July 26 at 10:23 AM |
| xG Technology's Vislink Business Receives $1.5 Million Order from ... - PR Newswire (press release)
www.prnewswire.com - July 19 at 9:42 AM |
| UPDATE: Maxim Group Starts xG Technology, Inc. (XGTI) at Buy - StreetInsider.com
www.streetinsider.com - July 19 at 9:42 AM |
| xG Technology's Vislink Business Receives $1.5 Million Order from Medical Device Manufacturer for Microwave Communications Equipment
finance.yahoo.com - July 19 at 9:42 AM |
| Roth Capital Reiterates "Buy" Rating for XG Technology, Inc (NASDAQ:XGTI)
www.americanbankingnews.com - July 18 at 1:31 PM |
 | Technology Sector Update for 07/17/2017: XGTI,USAT,VHC - Nasdaq
www.nasdaq.com - July 17 at 6:04 PM |
| xG Technology (XGTI) Secures $1M Order for HCAM HEVC 4K ... - StreetInsider.com
www.streetinsider.com - July 17 at 6:04 PM |
| xG Technology's Vislink Business Receives Orders Worth Approximately $1 Million for HCAM HEVC 4K Wireless Camera Systems Deployment in China
finance.yahoo.com - July 17 at 6:04 PM |
| xG Technology's Vislink Business Receives Orders Worth Approximately $1 Million for HCAM HEVC 4K Wireless ... - PR Newswire (press release)
www.prnewswire.com - July 17 at 1:02 PM |
| Roth Capital Lifts Estimates for xG Technology Inc (XGTI)
finance.yahoo.com - July 15 at 9:47 AM |
| xG Technology (XGTI) Reports Prelim. Q2 Revenue of $14.1M to $14.5M
www.streetinsider.com - July 14 at 1:25 AM |
| Pre-Open Movers 07/13: (XGTI) (YNDX) (CCCR) Higher; (FOLD) (STX) (DAL) Lower (more...) - StreetInsider.com
www.streetinsider.com - July 13 at 8:22 PM |
| Mid-Day ETF Update: ETFs, Stocks Extend Gains as Rate Hike Worries Ease Following Yellen Comments - Nasdaq
www.nasdaq.com - July 13 at 3:19 PM |
| BUZZ-US STOCKS ON THE MOVE- Yandex, US Retailers, Car Rentals, Navigator - Nasdaq
www.nasdaq.com - July 13 at 3:18 PM |
| xG Technology (XGTI) Reports Prelim. Q2 Revenue of $14.1M to $14.5M - StreetInsider.com
www.streetinsider.com - July 13 at 11:17 AM |
| xG Technology Announces Preliminary Financial Results that Exceed Analyst Expectations with Record Revenue for the Second Quarter 2017
finance.yahoo.com - July 13 at 11:17 AM |
| Vislink Receives $300000 Order for Wireless Video Systems from Leading Middle East Sports Broadcasting Organization - PR Newswire (press release)
www.prnewswire.com - July 5 at 3:18 PM |
| Vislink Receives $300,000 Order for Wireless Video Systems from Leading Middle East Sports Broadcasting Organization
finance.yahoo.com - July 5 at 11:44 AM |
| Vislink Receives $300,000 Order for Wireless Video Systems from Leading Middle East Sports Broadcasting Organization
finance.yahoo.com - July 5 at 11:44 AM |
| xG Technology Responds to Law Firm Claim - PR Newswire - PR Newswire (press release)
www.prnewswire.com - June 26 at 3:41 PM |
| SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating xG Technology, Inc. for Potential Breaches Of ... - PR Newswire (press release)
www.prnewswire.com - June 22 at 7:55 PM |
| xG Technology (XGTI) Receives New Interference Mitigation Patent ... - StreetInsider.com
www.streetinsider.com - June 15 at 9:13 PM |
 | BRIEF-XG Technology on May 19 entered into purchase agreement, registration rights agreement with Lincoln Park Capital Fund
www.businessinsider.com - May 23 at 8:07 PM |
 | xG Technology's (XGTI) CEO George Schmitt on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 17 at 11:13 PM |
| XG Technology +37.9% as acquisition gain results in profit - Seeking Alpha
seekingalpha.com - May 17 at 11:13 PM |
| Mid-Day Market Update: U.S. Stocks Turn Lower; xG Technology Shares Rise After Q1 Results - Nasdaq
www.nasdaq.com - May 17 at 8:11 AM |
 | BRIEF-xG Technology Q1 earnings per share $0.87
www.reuters.com - May 17 at 12:14 AM |
| xG Technology Reports First Quarter 2017 Results and Conference ... - PR Newswire (press release)
www.prnewswire.com - May 16 at 8:07 AM |
| Vislink Receives Orders Worth Over $600,000 For HD Airborne ... - PR Newswire (press release)
www.prnewswire.com - May 11 at 3:19 PM |
| BRIEF-XG Technology's Vislink business receives $1.2 mln order
www.reuters.com - May 5 at 5:04 AM |
XG Technology (XGTI) Chart for Wednesday, October, 18, 2017
