DASAN Zhone Solutions Inc (NASDAQ:DZSI) – B. Riley issued their Q2 2019 earnings per share (EPS) estimates for shares of DASAN Zhone Solutions in a research report issued to clients and investors on Monday, May 20th. B. Riley analyst D. Kang anticipates that the communications equipment provider will post earnings of $0.05 per share for the quarter. B. Riley currently has a “Buy” rating and a $19.50 target price on the stock. B. Riley also issued estimates for DASAN Zhone Solutions’ Q3 2019 earnings at $0.15 EPS, Q4 2019 earnings at $0.22 EPS, FY2019 earnings at $0.42 EPS, Q1 2020 earnings at $0.08 EPS, Q2 2020 earnings at $0.13 EPS, Q3 2020 earnings at $0.17 EPS, Q4 2020 earnings at $0.19 EPS and FY2020 earnings at $0.58 EPS.

DASAN Zhone Solutions (NASDAQ:DZSI) last issued its earnings results on Thursday, May 9th. The communications equipment provider reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.25. DASAN Zhone Solutions had a net margin of 0.10% and a return on equity of 5.25%. The firm had revenue of $74.09 million during the quarter, compared to analyst estimates of $73.00 million.

DZSI has been the subject of a number of other research reports. ValuEngine lowered shares of DASAN Zhone Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, March 9th. Northland Securities restated a “buy” rating and set a $20.00 target price on shares of DASAN Zhone Solutions in a research report on Friday, March 1st.

Shares of NASDAQ:DZSI opened at $11.38 on Thursday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.99 and a quick ratio of 1.53. DASAN Zhone Solutions has a fifty-two week low of $9.10 and a fifty-two week high of $15.59. The firm has a market cap of $188.99 million, a P/E ratio of 56.90 and a beta of 0.66.

A number of institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its stake in DASAN Zhone Solutions by 1.5% during the fourth quarter. Northern Trust Corp now owns 61,018 shares of the communications equipment provider’s stock valued at $849,000 after purchasing an additional 876 shares in the last quarter. Geode Capital Management LLC raised its stake in DASAN Zhone Solutions by 6.3% during the fourth quarter. Geode Capital Management LLC now owns 46,542 shares of the communications equipment provider’s stock valued at $647,000 after purchasing an additional 2,744 shares in the last quarter. Bank of New York Mellon Corp raised its stake in DASAN Zhone Solutions by 17.4% during the fourth quarter. Bank of New York Mellon Corp now owns 22,356 shares of the communications equipment provider’s stock valued at $311,000 after purchasing an additional 3,320 shares in the last quarter. Raymond James Trust N.A. raised its stake in DASAN Zhone Solutions by 20.7% during the fourth quarter. Raymond James Trust N.A. now owns 20,005 shares of the communications equipment provider’s stock valued at $278,000 after purchasing an additional 3,425 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in DASAN Zhone Solutions by 40.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 15,470 shares of the communications equipment provider’s stock valued at $166,000 after purchasing an additional 4,470 shares in the last quarter. 16.20% of the stock is currently owned by institutional investors.

In related news, CFO Mikhail Golomb bought 10,256 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average price of $9.75 per share, for a total transaction of $99,996.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 66.10% of the stock is currently owned by corporate insiders.

DASAN Zhone Solutions Company Profile

DASAN Zhone Solutions, Inc provides network access solutions and communications platforms for service provider and enterprise networks worldwide. It offers broadband access products, including customer premise equipment, such as digital subscriber line (DSL) modems; Ethernet access demarcation devices; and gigabit passive optical network (GPON) and 10G point-to-point active Ethernet optical network terminals.

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Earnings History and Estimates for DASAN Zhone Solutions (NASDAQ:DZSI)

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