Westell Technologies (WSTL) Earns News Sentiment Score of 0.23

News stories about Westell Technologies (NASDAQ:WSTL) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Westell Technologies earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned media coverage about the communications equipment provider an impact score of 46.5909733675548 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

WSTL has been the subject of a number of research reports. Zacks Investment Research raised shares of Westell Technologies from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research note on Thursday, October 5th. TheStreet raised shares of Westell Technologies from a “d+” rating to a “c-” rating in a research note on Friday, December 15th.

Shares of Westell Technologies (NASDAQ WSTL) opened at $3.95 on Monday. Westell Technologies has a 12 month low of $2.28 and a 12 month high of $4.60. The stock has a market cap of $60.19, a price-to-earnings ratio of -26.33 and a beta of 1.78.

Westell Technologies (NASDAQ:WSTL) last announced its quarterly earnings data on Wednesday, November 1st. The communications equipment provider reported $0.11 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.09. Westell Technologies had a negative net margin of 3.45% and a positive return on equity of 4.84%. The company had revenue of $17.23 million during the quarter, compared to analysts’ expectations of $16.74 million. During the same quarter in the prior year, the company earned ($0.02) EPS. The firm’s revenue was down 3.1% on a year-over-year basis. analysts predict that Westell Technologies will post 0.23 earnings per share for the current year.

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About Westell Technologies

Westell Technologies, Inc is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Company’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG).

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