, Will stock surge before Earnings results? UTStarcom Holdings Corp (NASDAQ:UTSI)

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Earnings results for UTStarcom Holdings Corp (NASDAQ:UTSI)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.03 and remained the same over the past month at -0.03. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.14 and remained the same over the past month at -0.14 . none raised and none lowered their forecast.

UTStarcom last issued its quarterly earnings results on March 27th, 2020. The Wireless communications provider reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.07. The business earned $14.18 million during the quarter, compared to analysts’ expectations of $13.50 million. UTStarcom has generated ($0.10) earnings per share over the last year. UTStarcom has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 11th, 2020 based off prior year’s report dates.

Analyst Opinion on UTStarcom Holdings Corp (NASDAQ:UTSI)

1 Wall Street analysts have issued ratings and price targets for UTStarcom in the last 12 months. Their average twelve-month price target is $2.50, suggesting that the stock has a possible upside of 39.66%. The high price target for UTSI is $2.50 and the low price target for UTSI is $2.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

UTStarcom has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $2.50, UTStarcom has a potential upside of 39.7% from its current price of $1.79. UTStarcom has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: UTStarcom Holdings Corp (NASDAQ:UTSI)

UTStarcom does not currently pay a dividend. UTStarcom does not have a long track record of dividend growth.

Insiders buying/selling: UTStarcom Holdings Corp (NASDAQ:UTSI)

In the past three months, UTStarcom insiders have not sold or bought any company stock. Only 2.70% of the stock of UTStarcom is held by insiders. Only 3.66% of the stock of UTStarcom is held by institutions.

Earnings and Valuation of UTStarcom Holdings Corp (NASDAQ:UTSI

Earnings for UTStarcom are expected to grow in the coming year, from ($0.14) to $0.00 per share. The P/E ratio of UTStarcom is -17.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of UTStarcom is -17.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. UTStarcom has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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