Last Updated: 10 Nov 2024
Executive Summary
Genasys Inc. (GNSS) is a communications company that designs, develops, and markets multi-directional and targeted audio technologies, voice transmission products, and location-based mass messaging solutions. The company's latest stock price is $3.73. Genasys has a market capitalization of $166.37 million, and its shares are traded on the NASDAQ exchange. The company's financial performance has been mixed in recent quarters, with revenue declining and losses increasing. However, analysts are optimistic about the company's long-term prospects, and they have set a target price of $5.08 for the stock.
Company Overview
Genasys was founded in 1998 and is headquartered in San Diego, California. The company's products are used in a variety of applications, including emergency alerts, workforce management, and mass notifications. Genasys has a global customer base, and its products are used by a number of Fortune 500 companies.
Fundamental Analysis
Genasys' financial performance has been mixed in recent quarters. Revenue declined by 0.497% year-over-year in the latest quarter, and the company reported a loss of $0.74 per share. However, analysts are optimistic about the company's long-term prospects. They believe that Genasys' products are well-positioned to benefit from the growing demand for emergency alerts and mass notifications.
Technical Analysis
The technical analysis of Genasys' stock price shows that the stock is in a downtrend. The stock has been trading below its 50-day and 200-day moving averages, and it has recently broken below a key support level at $4.00. This technical analysis suggests that the stock could continue to decline in the short term.
Short Term Outlook
The short-term outlook for Genasys' stock is negative. The stock is in a downtrend, and it has recently broken below a key support level. This technical analysis suggests that the stock could continue to decline in the short term.
Long Term Outlook
The long-term outlook for Genasys' stock is more positive. Analysts are optimistic about the company's long-term prospects, and they have set a target price of $5.08 for the stock. This long-term outlook is based on the belief that Genasys' products are well-positioned to benefit from the growing demand for emergency alerts and mass notifications.
Analyst Recommendations
Analysts have a mixed outlook on Genasys' stock. Three analysts have a buy rating on the stock, while one analyst has a hold rating. The average analyst target price is $5.08.
