Shares of Aquantia Corp (NYSE:AQ) have been given an average rating of “Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $15.10.

Separately, Northland Securities began coverage on Aquantia in a research note on Wednesday, July 18th. They issued an “outperform” rating and a $16.50 price objective on the stock.

Aquantia stock opened at $11.44 on Friday. The firm has a market capitalization of $438.19 million and a price-to-earnings ratio of -23.83. Aquantia has a 52 week low of $9.01 and a 52 week high of $18.49.

Aquantia (NYSE:AQ) last posted its quarterly earnings data on Wednesday, July 25th. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $30.43 million for the quarter, compared to analyst estimates of $30.00 million. Aquantia had a negative return on equity of 21.24% and a negative net margin of 3.76%. Sell-side analysts expect that Aquantia will post -0.12 EPS for the current year.

Aquantia Company Profile

Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, and access markets worldwide. Its products include corporate and cloud data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.

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Analyst Recommendations for Aquantia (NYSE:AQ)

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