Netlist (NLST) Expected to Announce Quarterly Earnings on Tuesday

Netlist (OTCMKTS:NLST) is projected to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $30.00 million for the quarter.

Netlist Trading Down 2.7 %

Netlist stock opened at $0.68 on Monday. The business’s fifty day simple moving average is $0.77 and its two-hundred day simple moving average is $0.99. Netlist has a 12 month low of $0.63 and a 12 month high of $2.97. The company has a market capitalization of $183.61 million, a price-to-earnings ratio of -3.07 and a beta of 1.11.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NLST. StockNews.com downgraded Netlist from a “hold” rating to a “sell” rating in a report on Wednesday, January 15th. Roth Mkm lowered their price target on Netlist from $4.00 to $2.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th.

Netlist Company Profile

Netlist, Inc designs, manufactures, and markets memory subsystems for the server, high-performance computing, and communications markets in the United States and internationally. The company portfolio of proprietary technologies and design techniques, includes efficient planar design, alternative packaging techniques, and custom semiconductor logic, to deliver memory subsystems; and sells specialty memory modules and flash-based products for use in data center and industrial applications.