ValuEngine downgraded shares of Aquantia (NYSE:AQ) from a hold rating to a sell rating in a report released on Monday, February 4th.
Other analysts have also recently issued reports about the company. BWS Financial reaffirmed a buy rating on shares of Aquantia in a research note on Monday, October 15th. Dougherty & Co started coverage on Aquantia in a research report on Tuesday, November 20th. They set a buy rating and a $18.00 price objective on the stock. Finally, Barclays decreased their target price on Aquantia from $14.00 to $13.00 and set an overweight rating on the stock in a research report on Friday, October 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Aquantia has a consensus rating of Hold and a consensus target price of $14.38.
Shares of AQ stock traded up $0.01 during trading on Monday, hitting $7.86. 418,722 shares of the company were exchanged, compared to its average volume of 390,368. The stock has a market cap of $273.92 million, a P/E ratio of -27.10 and a beta of 1.19. Aquantia has a twelve month low of $7.08 and a twelve month high of $18.49.
Aquantia (NYSE:AQ) last posted its earnings results on Tuesday, February 12th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.11). The business had revenue of $29.09 million during the quarter, compared to analyst estimates of $33.60 million. Aquantia had a negative net margin of 8.09% and a negative return on equity of 10.46%. On average, analysts predict that Aquantia will post -0.81 EPS for the current fiscal year.
Aquantia Company Profile
Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, and access markets worldwide. Its products include corporate and cloud data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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