Last Updated: 12 Sep 2024
Executive Summary
Sequans Communications SA (SQNS) is a semiconductor company that designs and supplies cellular solutions for the Internet of Things (IoT) market. The company has a market capitalization of $60.52 million and trades on the NYSE. Sequans is currently facing financial challenges, with a negative EBITDA of $26.83 million and a diluted EPS of -$0.66. However, the company has a strong revenue growth rate of 0.056% and an analyst target price of $3.00.
Company Overview
Sequans Communications SA is headquartered in Paris, France and has operations in Taiwan, Korea, China, and the United States. The company designs, develops, and supplies cellular semiconductor solutions for the mass, broadband, and critical IoT markets. Sequans' products are used in a variety of applications, including smart homes, smart cities, and industrial automation.
Fundamental Analysis
Sequans Communications SA's financial performance has been mixed in recent years. The company has reported negative EBITDA and EPS in each of the past four quarters. However, the company's revenue has grown by 0.056% over the past year. Sequans' gross profit margin is 1.399%, and its operating margin is -0.383%. The company's return on assets is -0.178%, and its return on equity is -4.19%.
Technical Analysis
Sequans Communications SA's stock price has been trading in a range between $0.342 and $2.97 over the past 52 weeks. The stock is currently trading at $0.97, below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is 30.92, which indicates that the stock is oversold.
Short Term Outlook
Sequans Communications SA's stock price is likely to remain under pressure in the short term. The company is facing financial challenges, and its stock is trading below its moving averages. However, the company's revenue growth rate is positive, and its analyst target price is $3.00.
Long Term Outlook
Sequans Communications SA's long-term outlook is uncertain. The company is facing financial challenges, but it has a strong revenue growth rate and a positive analyst target price. The company's long-term success will depend on its ability to improve its financial performance and execute on its growth strategy.
Analyst Recommendations
Analysts are mixed on Sequans Communications SA. One analyst has a buy rating on the stock, while another analyst has a hold rating. The average analyst target price is $3.00.
