XG Technology Company Profile (NASDAQ:XGTI)

About XG Technology (NASDAQ:XGTI)

XG Technology logoxG 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 - NEC
  • Sub-Industry: N/A
  • Symbol: NASDAQ:XGTI
  • CUSIP: N/A
  • Web: www.xgtechnology.com
Capitalization:
  • Market Cap: $27.24 million
  • Outstanding Shares: 11,118,000
Average Prices:
  • 50 Day Moving Avg: $1.83
  • 200 Day Moving Avg: $1.70
  • 52 Week Range: $1.17 - $7.30
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 81.67
  • P/E Growth: 0.13
Sales & Book Value:
  • Annual Revenue: $14.98 million
  • Price / Sales: 1.82
  • Book Value: $2.47 per share
  • Price / Book: 0.99
Profitability:
  • EBIDTA: ($15,540,000.00)
  • Net Margins: -57.07%
  • Return on Equity: -90.07%
  • Return on Assets: -51.59%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 1.89%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 1.28 million shs.
  • Beta: -0.98
  • Short Ratio: 2.84
 

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) issued its quarterly earnings data on Friday, August, 14th. The company reported ($1.37) EPS for the quarter, missing analysts' consensus estimates of ($0.70) by $0.67. The firm had revenue of $0.37 million for the quarter, compared to analyst estimates of $1.50 million. XG Technology had a negative return on equity of 90.07% and a negative net margin of 57.07%. View XG Technology's Earnings History.

When will XG Technology make its next earnings announcement?

XG Technology is scheduled to release their next quarterly earnings announcement on Thursday, August, 17th 2017. View Earnings Estimates for XG Technology.

Where is XG Technology's stock going? Where will XG Technology's stock price be in 2017?

2 brokerages have issued 12-month price objectives for XG Technology's shares. Their predictions range from $3.50 to $4.00. On average, they expect XG Technology's share price to reach $3.75 in the next year. View Analyst Ratings for XG Technology.

Who are some of XG Technology's key competitors?

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 $2.45.


MarketBeat Community Rating for XG Technology (NASDAQ XGTI)
Community Ranking:  2.9 out of 5 ( )
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  37 (Vote Underperform)
Total Votes:  87
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.

Analyst Ratings

Consensus Ratings for XG Technology (NASDAQ:XGTI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $3.75 (53.06% upside)

Analysts' Ratings History for XG Technology (NASDAQ:XGTI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/19/2017Maxim GroupInitiated CoverageBuy -> Buy$4.00HighView Rating Details
7/18/2017Roth CapitalReiterated RatingBuy$3.50LowView Rating Details
(Data available from 7/22/2015 forward)

Earnings

Earnings History for XG Technology (NASDAQ:XGTI)
Earnings by Quarter for XG Technology (NASDAQ:XGTI)
Earnings History by Quarter for XG Technology (NASDAQ XGTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/17/2017($0.15)N/AView Earnings Details
8/14/2015Q215($0.70)($1.37)$1.50 million$0.37 millionViewN/AView Earnings Details
5/15/2015Q115($0.10)($0.15)$250.00 million$584.00 millionViewN/AView Earnings Details
3/31/2015Q414($0.17)($0.20)$1.00 million$0.07 millionViewN/AView Earnings Details
8/14/2014Q214($0.16)($0.20)$3.00 million$0.16 millionViewN/AView Earnings Details
5/15/2014($0.30)($0.21)$1.00 million$0.25 millionViewN/AView Earnings Details
3/6/2014Q413($0.24)($0.23)$0.80 million$0.37 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for XG Technology (NASDAQ:XGTI)
2017 EPS Consensus Estimate: ($0.57)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.51)($0.51)($0.51)
Q2 20171($0.18)($0.18)($0.18)
Q3 20171$0.01$0.01$0.01
Q4 20171$0.11$0.11$0.11
(Data provided by Zacks Investment Research)

Dividends

Dividend History for XG Technology (NASDAQ:XGTI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for XG Technology (NASDAQ:XGTI)
Insider Ownership Percentage: 2.81%
Institutional Ownership Percentage: 4.61%
Insider Trades by Quarter for XG Technology (NASDAQ:XGTI)
Insider Trades by Quarter for XG Technology (NASDAQ:XGTI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/12/2017Ross James WoodyattInsiderSell14,849$2.27$33,707.23View SEC Filing  
12/30/2016John C. ColemanPresidentSell10,646$1.29$13,733.34View SEC Filing  
12/6/2016John C ColemanPresidentSell194,563$0.34$66,151.42View SEC Filing  
11/29/2016Ross James WoodyattPresidentSell14,100$0.33$4,653.00View SEC Filing  
10/3/2016Ross James WoodyattPresidentSell80,702$0.59$47,614.18View SEC Filing  
9/13/2016Roger G BrantonCFOSell51,118$0.45$23,003.10View SEC Filing  
8/5/2016John C ColemanPresidentSell25,360$0.49$12,426.40View SEC Filing  
8/4/2016Belinda Allen MarinoInsiderSell7,615$0.49$3,731.35View SEC Filing  
7/27/2016Ross James WoodyattPresidentSell19,659$0.44$8,649.96View SEC Filing  
6/28/2016Belinda Allen MarinoInsiderSell3,259$1.14$3,715.26View SEC Filing  
6/28/2016Ross James WoodyattPresidentSell8,413$1.22$10,263.86View SEC Filing  
6/21/2016Roger G BrantonCFOSell15,981$1.79$28,605.99View SEC Filing  
6/2/2016Ross James WoodyattPresidentSell44,500$0.18$8,010.00View SEC Filing  
5/27/2016Belinda Allen MarinoInsiderSell48,224$0.15$7,233.60View SEC Filing  
5/27/2016Ross James WoodyattPresidentSell80,000$0.16$12,800.00View SEC Filing  
6/23/2015Ross James WoodyattPresidentSell12,000$0.28$3,360.00View SEC Filing  
6/3/2015Ross James WoodyattPresidentSell54,700$0.27$14,769.00View SEC Filing  
11/26/2014George Frederick SchmittDirectorBuy172,992$1.37$236,999.04View SEC Filing  
11/26/2014Roger G BrantonCFOBuy72,992$1.37$99,999.04View SEC Filing  
11/19/2014George Frederick SchmittDirectorBuy10,000$1.43$14,300.00View SEC Filing  
12/24/2013Gary CuccioDirectorBuy10,000$1.66$16,600.00View SEC Filing  
11/26/2013Gary CuccioDirectorBuy10,000$1.64$16,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for XG Technology (NASDAQ:XGTI)
Latest Headlines for XG Technology (NASDAQ:XGTI)
Source:
DateHeadline
prnewswire.com logoxG Technology's Vislink Business Receives $1.5 Million Order from ... - PR Newswire (press release)
www.prnewswire.com - July 19 at 9:42 AM
streetinsider.com logoUPDATE: Maxim Group Starts xG Technology, Inc. (XGTI) at Buy - StreetInsider.com
www.streetinsider.com - July 19 at 9:42 AM
finance.yahoo.com logoxG 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
americanbankingnews.com logoRoth Capital Reiterates "Buy" Rating for XG Technology, Inc (NASDAQ:XGTI)
www.americanbankingnews.com - July 18 at 1:31 PM
nasdaq.com logoTechnology Sector Update for 07/17/2017: XGTI,USAT,VHC - Nasdaq
www.nasdaq.com - July 17 at 6:04 PM
streetinsider.com logoxG Technology (XGTI) Secures $1M Order for HCAM HEVC 4K ... - StreetInsider.com
www.streetinsider.com - July 17 at 6:04 PM
finance.yahoo.com logoxG 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
prnewswire.com logoxG 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
finance.yahoo.com logoRoth Capital Lifts Estimates for xG Technology Inc (XGTI)
finance.yahoo.com - July 15 at 9:47 AM
streetinsider.com logoxG Technology (XGTI) Reports Prelim. Q2 Revenue of $14.1M to $14.5M
www.streetinsider.com - July 14 at 1:25 AM
streetinsider.com logoPre-Open Movers 07/13: (XGTI) (YNDX) (CCCR) Higher; (FOLD) (STX) (DAL) Lower (more...) - StreetInsider.com
www.streetinsider.com - July 13 at 8:22 PM
nasdaq.com logoMid-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
nasdaq.com logoBUZZ-US STOCKS ON THE MOVE- Yandex, US Retailers, Car Rentals, Navigator - Nasdaq
www.nasdaq.com - July 13 at 3:18 PM
streetinsider.com logoxG Technology (XGTI) Reports Prelim. Q2 Revenue of $14.1M to $14.5M - StreetInsider.com
www.streetinsider.com - July 13 at 11:17 AM
finance.yahoo.com logoxG 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
prnewswire.com logoVislink 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
finance.yahoo.com logoVislink Receives $300,000 Order for Wireless Video Systems from Leading Middle East Sports Broadcasting Organization
finance.yahoo.com - July 5 at 11:44 AM
finance.yahoo.com logoVislink Receives $300,000 Order for Wireless Video Systems from Leading Middle East Sports Broadcasting Organization
finance.yahoo.com - July 5 at 11:44 AM
prnewswire.com logoxG Technology Responds to Law Firm Claim - PR Newswire - PR Newswire (press release)
www.prnewswire.com - June 26 at 3:41 PM
finance.yahoo.com logoxG Technology Responds to Law Firm Claim
finance.yahoo.com - June 26 at 3:41 PM
prnewswire.com logoSHAREHOLDER 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
finance.yahoo.com logoxG Technology's Vislink Business Provides Wireless Camera Transmission Support for World's Largest Sailing Event
finance.yahoo.com - June 22 at 2:49 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating xG Technology, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
finance.yahoo.com - June 22 at 2:49 PM
finance.yahoo.com logoIMT Vislink Receives Order Valued at Approximately $100,000 for Airborne Video Downlink System (AVDS) From Prominent Mid-Atlantic State Police Agency
finance.yahoo.com - June 22 at 2:49 PM
americanbankingnews.com logoXG Technology, Inc (XGTI) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 21 at 1:58 PM
americanbankingnews.com logoXG Technology, Inc (XGTI) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 20 at 2:24 PM
finance.yahoo.com logoxG Technology's Vislink Business Receives Orders Valued At $250,000 From Local Television Stations for High-Performance Digital Microwave Systems
finance.yahoo.com - June 20 at 9:22 AM
streetinsider.com logoxG Technology (XGTI) Receives New Interference Mitigation Patent ... - StreetInsider.com
www.streetinsider.com - June 15 at 9:13 PM
finance.yahoo.com logoxG Technology Awarded New Interference Mitigation Patent for Enhancing Wireless Communications
finance.yahoo.com - June 15 at 4:11 PM
americanbankingnews.com logoxG Technology Inc (XGTI) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 9 at 11:38 AM
americanbankingnews.com logoxG Technology Inc (XGTI) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 6 at 11:44 AM
americanbankingnews.com logoxG Technology Inc (XGTI) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - June 3 at 1:26 PM
americanbankingnews.com logoxG Technology Inc (XGTI) Rating Reiterated by Roth Capital
www.americanbankingnews.com - June 1 at 7:58 PM
finance.yahoo.com logoxG Technology's IMT and Vislink Businesses Announce $3 Million in New Order and Pre-Order Commitments Received from the NAB 2017 Show
finance.yahoo.com - May 25 at 8:06 AM
finance.yahoo.com logoxG Technology, Inc. :XGTI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 25 at 8:06 AM
americanbankingnews.com logo xG Technology Inc (XGTI) Given $3.50 Average Price Target by Analysts
www.americanbankingnews.com - May 24 at 1:26 PM
News IconBRIEF-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
americanbankingnews.com logoxG Technology Inc (XGTI) Given a $4.00 Price Target at Roth Capital
www.americanbankingnews.com - May 19 at 7:16 PM
seekingalpha.com logoxG Technology's (XGTI) CEO George Schmitt on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 17 at 11:13 PM
seekingalpha.com logoXG Technology +37.9% as acquisition gain results in profit - Seeking Alpha
seekingalpha.com - May 17 at 11:13 PM
nasdaq.com logoMid-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
finance.yahoo.com logoToday's Research Reports on Stocks to Watch: Akebia Therapeutics and xG Technology
finance.yahoo.com - May 17 at 8:11 AM
reuters.com logoBRIEF-xG Technology Q1 earnings per share $0.87
www.reuters.com - May 17 at 12:14 AM
prnewswire.com logoxG Technology Reports First Quarter 2017 Results and Conference ... - PR Newswire (press release)
www.prnewswire.com - May 16 at 8:07 AM
finance.yahoo.com logoxG Technology Reports First Quarter 2017 Results and Conference Call
finance.yahoo.com - May 15 at 7:50 PM
prnewswire.com logoVislink Receives Orders Worth Over $600,000 For HD Airborne ... - PR Newswire (press release)
www.prnewswire.com - May 11 at 3:19 PM
finance.yahoo.com logoVislink Receives Orders Worth Over $600,000 For HD Airborne Video Downlink Systems
finance.yahoo.com - May 11 at 3:38 AM
reuters.com logoBRIEF-XG Technology's Vislink business receives $1.2 mln order
www.reuters.com - May 5 at 5:04 AM
streetinsider.com logoxG Technology (XGTI) Reports $1.2M Order from Major Worldwide News Organization for Wireless Camera Systems - StreetInsider.com
www.streetinsider.com - May 4 at 9:29 AM
finance.yahoo.com logoxG Technology's Vislink Business Receives $1.2 Million Order from Major Worldwide News Organization for Wireless Camera Systems
finance.yahoo.com - May 4 at 9:29 AM

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Chart

XG Technology (XGTI) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by MarketBeat.com Staff