Netlist, Inc. (NASDAQ:NLST) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $0.88 for the company and are expecting that the company will post ($0.03) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Netlist an industry rank of 78 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Netlist from a “sell” rating to a “hold” rating in a research report on Friday, September 21st.
NLST remained flat at $$0.29 on Friday. 425,265 shares of the company were exchanged, compared to its average volume of 4,651,353. The firm has a market cap of $51.25 million, a P/E ratio of -1.47 and a beta of -1.59. Netlist has a 12-month low of $0.10 and a 12-month high of $1.10. The company has a debt-to-equity ratio of -1.79, a quick ratio of 1.15 and a current ratio of 1.50.
Netlist (NASDAQ:NLST) last released its earnings results on Tuesday, July 31st. The semiconductor company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.02). The firm had revenue of $8.43 million during the quarter, compared to the consensus estimate of $9.50 million. On average, analysts expect that Netlist will post -0.14 EPS for the current year.
Netlist, Inc designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide. It offers Hybri dual in-line memory module (DIMM), a storage class memory product, which unifies dynamic random access memory (DRAM)and NAND flash in a plug-and-play module delivering terabyte storage capacities operating at nanosecond memory speeds.
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