Airgain (AIRG) Expected to Announce Quarterly Earnings on Thursday

Airgain (NASDAQ:AIRG) is projected to issue its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $16.35 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Airgain Stock Performance

Airgain stock opened at $7.03 on Thursday. The stock has a market cap of $79.73 million, a P/E ratio of -6.16 and a beta of 0.71. Airgain has a fifty-two week low of $3.71 and a fifty-two week high of $10.34. The firm’s fifty day moving average price is $7.17 and its 200-day moving average price is $7.92.

Analysts Set New Price Targets

AIRG has been the topic of several research analyst reports. Northland Securities reaffirmed an “outperform” rating and issued a $11.50 price target (up previously from $8.00) on shares of Airgain in a report on Wednesday, November 13th. Craig Hallum increased their target price on Airgain from $8.00 to $12.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th.

About Airgain

Airgain, Inc provides wireless connectivity solutions that creates and delivers embedded components, external antennas, and integrated systems worldwide. The company's products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; profile ceramic embedded antenna; ultra embedded antennas; and SmartMax embedded antennas.