Sequans Communications (SQNS) to Release Quarterly Earnings on Tuesday
Sequans Communications (NYSE:SQNS) is scheduled to post its quarterly earnings results before the market opens on Tuesday, February 13th. Analysts expect Sequans Communications to post earnings of ($0.08) per share for the quarter.
Shares of Sequans Communications (NYSE:SQNS) opened at $1.52 on Monday. Sequans Communications has a 12-month low of $1.44 and a 12-month high of $4.75. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.17 and a quick ratio of 0.95. The company has a market cap of $140.36, a PE ratio of -4.90 and a beta of 2.35.
SQNS has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Sequans Communications from a “sell” rating to a “hold” rating in a report on Tuesday, December 12th. Roth Capital initiated coverage on shares of Sequans Communications in a report on Friday, January 5th. They issued a “buy” rating and a $4.00 target price for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $3.00 target price on shares of Sequans Communications in a report on Monday, January 22nd. B. Riley initiated coverage on shares of Sequans Communications in a report on Wednesday, January 17th. They issued a “buy” rating and a $3.25 target price for the company. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $3.75 target price on shares of Sequans Communications in a report on Wednesday, January 17th. Three analysts have rated the stock with a sell rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $3.86.
About Sequans Communications
Sequans Communications SA is a fabless designer, developer and supplier of fourth Generation long term evolution (4G LTE) semiconductor solutions for wireless broadband applications, with a specific focus on the single-mode device market. Its semiconductor solutions integrate baseband processor and radio frequency (RF) transceiver integrated circuits (ICs) along with its signal processing techniques, algorithms and software stacks.
Receive News & Ratings for Sequans Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sequans Communications and related companies with MarketBeat.com's FREE daily email newsletter.