Analysts See $-0.18 EPS for Resonant Inc. (RESN)

July 13, 2018 - By Elizabeth Jones

Resonant Inc. (NASDAQ:RESN) LogoInvestors sentiment decreased to 1.45 in 2018 Q1. Its down 2.05, from 3.5 in 2017Q4. It dropped, as 6 investors sold Resonant Inc. shares while 5 reduced holdings. 10 funds opened positions while 6 raised stakes. 2.41 million shares or 19.15% less from 2.98 million shares in 2017Q4 were reported.
Wells Fargo & Co Mn holds 0% or 4,400 shares in its portfolio. Morgan Stanley reported 92,223 shares. Raymond James Financial Svcs Advsrs has 17,060 shares for 0% of their portfolio. 32,711 are held by Blackrock. Millennium Mngmt Ltd Liability owns 14,461 shares or 0% of their US portfolio. 200,000 were accumulated by Mutual Of America Mgmt Limited Liability. Deutsche National Bank & Trust Ag owns 71,678 shares. Highland Cap Mgmt Ltd Liability Co stated it has 10,439 shares or 0% of all its holdings. Leisure Capital Management accumulated 51,728 shares or 0.15% of the stock. G2 Inv Partners Mngmt Ltd accumulated 393,800 shares or 0.49% of the stock. Pinnacle Associate reported 45,000 shares. Stifel Financial Corporation holds 38,550 shares or 0% of its portfolio. Gp One Trading L P reported 2,000 shares. Northern Trust reported 0% stake. Susquehanna Ltd Liability Partnership holds 0% or 58,992 shares in its portfolio.

Since March 14, 2018, it had 1 buying transaction, and 10 insider sales for $369,004 activity. 5,269 shares were sold by Killian Jeffrey A, worth $28,479. On Thursday, June 14 Fox Michael J bought $560,785 worth of Resonant Inc. (NASDAQ:RESN) or 100,000 shares. $21,599 worth of stock was sold by Holmes George B on Monday, July 2. 861 shares valued at $3,485 were sold by Fenzi Neal on Wednesday, May 16.

Analysts expect Resonant Inc. (NASDAQ:RESN) to report $-0.18 EPS on August, 8.They anticipate $0.11 EPS change or 37.93 % from last quarter’s $-0.29 EPS. After having $-0.28 EPS previously, Resonant Inc.’s analysts see -35.71 % EPS growth. The stock increased 2.07% or $0.1 during the last trading session, reaching $5.11. About 209,445 shares traded. Resonant Inc. (NASDAQ:RESN) has risen 2.22% since July 13, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Resonant Inc. (NASDAQ:RESN) Ratings Coverage

Among 6 analysts covering Resonant (NASDAQ:RESN), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Resonant had 8 analyst reports since January 22, 2018 according to SRatingsIntel. H.C. Wainwright maintained Resonant Inc. (NASDAQ:RESN) rating on Monday, January 22. H.C. Wainwright has “Buy” rating and $8.0 target. H.C. Wainwright maintained it with “Buy” rating and $8.0 target in Monday, February 12 report. Craig Hallum initiated it with “Buy” rating and $700 target in Wednesday, April 4 report. The firm has “Buy” rating given on Tuesday, March 27 by Needham. Drexel Hamilton maintained the shares of RESN in report on Wednesday, February 28 with “Buy” rating. The stock of Resonant Inc. (NASDAQ:RESN) has “Buy” rating given on Thursday, April 12 by Needham.

Resonant Inc., a late-stage development company, creates software tools, and intellectual property and licensable blocks that enable the development of filter creates for radio frequency front-ends used in the mobile device industry in the United States. The company has market cap of $136.28 million. It uses Infinite Synthesized Networks technology to configure and connect resonators, the building blocks of RF filters. It currently has negative earnings. The firm develops duplexer, a single-band filter design for mobile devices; and multiplexer filter creates for two or more bands to address the carrier aggregation, as well as reconfigurable filter creates for various RF frequency bands.

Another recent and important Resonant Inc. (NASDAQ:RESN) news was published by which published an article titled: “10 Strong Buy Stocks for Under $10” on July 12, 2018.

Resonant Inc. (NASDAQ:RESN) Institutional Positions Chart

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